Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.32% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4151
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $1.01M | ﹤0.01% |
21,071
-53,862
| -72% | -$2.4M |
|
|
HUYA
4152
Huya Inc
HUYA
$563M
| $1.01M | ﹤0.01% |
197,235
-1,118,576
| -85% | -$4.81M |
|
|
USAS
4153
Americas Gold and Silver
USAS
$1.29B
| $1M | ﹤0.01% |
1,314,846
-11,414
| -0.9% | -$7.3K |
|
|
LGF.A
4154
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $1M | ﹤0.01% |
127,923
+45,962
| +56% | +$384K |
|
4155
CALL
Alcon
ALC
$33.6B
| $1M | ﹤0.01% |
+10,000
| New | +$940K |
|
4156
Heritage Financial
HFWA
$1.22B
| $1M | ﹤0.01% |
45,949
-38,333
| -45% | -$818K |
|
4157
Choice Hotels
CHH
$5.07B
| $999K | ﹤0.01% |
7,669
-92,606
| -92% | -$11.6M |
|
4158
Northeast Bank
NBN
$1.06B
| $998K | ﹤0.01% |
12,937
+7,898
| +157% | +$536K |
|
4159
Kelly Services Class A
KELYA
$514M
| $997K | ﹤0.01% |
46,568
-16,300
| -26% | -$345K |
|
4160
PUT
Ecolab
ECL
$78.1B
| $996K | ﹤0.01% |
+3,900
| New | +$954K |
|
4161
PUT
UiPath
PATH
$6.61B
| $995K | ﹤0.01% |
77,700
+51,300
| +194% | +$628K |
|
|
GAP
4162
PUT
The Gap Inc
GAP
$7.23B
| $994K | ﹤0.01% |
45,100
+35,900
| +390% | +$797K |
|
4163
Astrana Health
ASTH
$1.76B
| $993K | ﹤0.01% |
17,133
-37,249
| -68% | -$1.83M |
|
4164
Ramaco Resources Class A
METC
$599M
| $992K | ﹤0.01% |
87,606
-362,013
| -81% | -$4.32M |
|
4165
Ultralife
ULBI
$86.4M
| $990K | ﹤0.01% |
109,481
+24,308
| +29% | +$251K |
|
4166
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $988K | ﹤0.01% |
122,436
+84,722
| +225% | +$657K |
|
|
FSCO
4167
FS Credit Opportunities Corp
FSCO
$1B
| $986K | ﹤0.01% |
+155,336
| New | +$979K |
|
4168
Black Diamond Therapeutics
BDTX
$96.8M
| $986K | ﹤0.01% |
226,745
-778,133
| -77% | -$4.23M |
|
4169
Cato Corp
CATO
$68.3M
| $986K | ﹤0.01% |
197,591
-165,921
| -46% | -$818K |
|
4170
Korea Electric Power
KEP
$15.3B
| $984K | ﹤0.01% |
126,851
+40,496
| +47% | +$308K |
|
4171
Hamilton Lane
HLNE
$4.91B
| $984K | ﹤0.01% |
5,844
-633,132
| -99% | -$91.7M |
|
4172
CALL
Southwest Airlines
LUV
$22B
| $984K | ﹤0.01% |
33,200
-75,600
| -69% | -$2.09M |
|
4173
Diodes
DIOD
$3.78B
| $980K | ﹤0.01% |
15,293
-17,516
| -53% | -$1.21M |
|
4174
Lyell Immunopharma
LYEL
$317M
| $980K | ﹤0.01% |
35,503
-4,975
| -12% | -$146K |
|
4175
Root
ROOT
$857M
| $979K | ﹤0.01% |
+25,910
| New | +$1.34M |
|
Similar funds
Millennium Management's Q3 2024 Portfolio in Review
As of Q3 2024, Millennium Management held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in Smurfit Westrock worth $94.1M.
- Millennium Management's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Millennium Management's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Millennium Management fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Millennium Management's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Millennium Management opened 898 new positions and closed 667 in Q3 2024.
- Millennium Management's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.