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 |
iShares Core S&P 500 ETF
IVV
|
+$1.12B |
| 2 |
Apple
AAPL
|
+$963M |
| 3 |
Wells Fargo
WFC
|
+$647M |
| 4 |
ConocoPhillips
COP
|
+$632M |
| 5 |
UnitedHealth
UNH
|
+$490M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$963M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$907M |
| 3 |
KKR & Co
KKR
|
+$906M |
| 4 |
CRH
CRH
|
+$670M |
| 5 |
Meta Platforms (Facebook)
META
|
+$593M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.44% |
| 2 | Healthcare | 8.01% |
| 3 | Financials | 6.79% |
| 4 | Industrials | 6.22% |
| 5 | Consumer Discretionary | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4326
PUT
AvalonBay Communities
AVB
$26.8B
| $621K | ﹤0.01% |
3,000
+1,600
| +114% | +$309K |
|
4327
Anterix
ATEX
$1.82B
| $621K | ﹤0.01% |
15,674
+4,105
| +35% | +$133K |
|
|
ECHO
4328
EchoStar
ECHO
$25B
| $620K | ﹤0.01% |
34,836
-19,002
| -35% | -$315K |
|
4329
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.33B
| $620K | ﹤0.01% |
+5,922
| New | +$616K |
|
4330
Vanguard Total World Stock ETF
VT
$76.9B
| $619K | ﹤0.01% |
5,493
-5,677
| -51% | -$626K |
|
4331
Rallybio
RLYB
$85.3M
| $616K | ﹤0.01% |
57,496
+32,899
| +134% | +$446K |
|
4332
Karat Packaging
KRT
$803M
| $616K | ﹤0.01% |
20,811
-30,415
| -59% | -$855K |
|
4333
PUT
Viking Therapeutics
VKTX
$3.84B
| $615K | ﹤0.01% |
+11,600
| New | +$760K |
|
4334
iShares MSCI China ETF
MCHI
$6.28B
| $615K | ﹤0.01% |
+14,576
| New | +$627K |
|
4335
Cue Biopharma
CUE
$128M
| $613K | ﹤0.01% |
16,466
+4,396
| +36% | +$217K |
|
4336
Ooma
OOMA
$589M
| $612K | ﹤0.01% |
61,676
+31,423
| +104% | +$250K |
|
4337
Korea Electric Power
KEP
$15.5B
| $612K | ﹤0.01% |
86,355
+62,771
| +266% | +$472K |
|
|
SERV
4338
Serve Robotics
SERV
$409M
| $612K | ﹤0.01% |
+313,785
| New | +$844K |
|
4339
BRC Inc
BRCC
$119M
| $611K | ﹤0.01% |
99,740
-716,662
| -88% | -$3.73M |
|
|
SKX
4340
CALL
DELISTED
Skechers
SKX
| $608K | ﹤0.01% |
8,800
-700
| -7% | -$46.3K |
|
4341
Denison Mines
DNN
$2.64B
| $608K | ﹤0.01% |
305,400
+163,934
| +116% | +$348K |
|
4342
PUT
Hecla Mining
HL
$10B
| $608K | ﹤0.01% |
+125,300
| New | +$669K |
|
4343
Sensient Technologies
SXT
$5.28B
| $607K | ﹤0.01% |
8,183
-31,536
| -79% | -$2.31M |
|
4344
Ziff Davis
ZD
$1.94B
| $607K | ﹤0.01% |
11,027
-37,645
| -77% | -$2.07M |
|
4345
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15B
| $605K | ﹤0.01% |
+5,659
| New | +$584K |
|
4346
CALL
Duolingo
DUOL
$6.22B
| $605K | ﹤0.01% |
+2,900
| New | +$594K |
|
4347
CALL
Veeva Systems
VEEV
$32.7B
| $604K | ﹤0.01% |
3,300
-20,800
| -86% | -$4.13M |
|
4348
CALL
STMicroelectronics
STM
$47.3B
| $601K | ﹤0.01% |
15,300
-19,200
| -56% | -$798K |
|
4349
Lexeo Therapeutics
LXEO
$342M
| $601K | ﹤0.01% |
37,466
-556,256
| -94% | -$8.08M |
|
4350
Bakkt Inc
BKKT
$333M
| $599K | ﹤0.01% |
+31,678
| New | +$427K |
|
Similar funds
Millennium Management's Q2 2024 Portfolio in Review
As of Q2 2024, Millennium Management held 6,803 positions worth $216B, down 7.8% from $234B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $24.5B in Q2 2024, closing 995 positions and reducing 2,549 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $907M position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 8.5% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in QXO Inc worth $20.6M.
- Millennium Management's largest Q2 2024 buy was QXO Inc: 2,219,158 shares worth $20.6M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $1.12B increase.
- Millennium Management's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $963M.
- Millennium Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $907M.
- Millennium Management's ten largest holdings make up 16% of its $216B portfolio in Q2 2024.
- Millennium Management opened 661 new positions and closed 995 in Q2 2024.
- Millennium Management's portfolio value fell 7.8% quarter-over-quarter to $216B.
Based on Millennium Management's 13F filing for Q2 2024, filed 14 Aug 2024.