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 | |
|---|---|---|---|---|---|---|
|
ARCH
4426
DELISTED
Arch Resources, Inc.
ARCH
| $706K | ﹤0.01% |
5,113
-4,091
| -44% | -$564K |
|
|
REE
4427
DELISTED
REE Automotive
REE
| $706K | ﹤0.01% |
99,969
+27,379
| +38% | +$113K |
|
4428
Morgan Stanley Direct Lending Fund
MSDL
$1.24B
| $706K | ﹤0.01% |
+35,671
| New | +$739K |
|
|
FLG
4429
PUT
Flagstar Bank National Association
FLG
$5.93B
| $703K | ﹤0.01% |
62,600
-537,867
| -90% | -$5.72M |
|
4430
CALL
Novartis
NVS
$297B
| $702K | ﹤0.01% |
6,100
-204,600
| -97% | -$23.2M |
|
4431
Advantage Solutions
ADV
$522M
| $701K | ﹤0.01% |
8,180
+5,750
| +237% | +$530K |
|
4432
PUT
Cheniere Energy
LNG
$55.2B
| $701K | ﹤0.01% |
3,900
+600
| +18% | +$108K |
|
|
AOMR
4433
Angel Oak Mortgage REIT
AOMR
$220M
| $701K | ﹤0.01% |
+67,244
| New | +$776K |
|
|
AVDX
4434
DELISTED
AvidXchange
AVDX
| $701K | ﹤0.01% |
86,478
-2,684,184
| -97% | -$25.3M |
|
4435
PUT
Clean Harbors
CLH
$16.5B
| $701K | ﹤0.01% |
2,900
+500
| +21% | +$118K |
|
|
PHK
4436
PIMCO High Income Fund
PHK
$867M
| $700K | ﹤0.01% |
140,030
+91,272
| +187% | +$443K |
|
4437
ARK Web x.0 ETF
ARKW
$1.63B
| $699K | ﹤0.01% |
8,215
-13,369
| -62% | -$1.06M |
|
4438
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
| $697K | ﹤0.01% |
+6,884
| New | +$690K |
|
|
ZYXI
4439
DELISTED
Zynex
ZYXI
| $696K | ﹤0.01% |
85,251
-211,831
| -71% | -$1.79M |
|
4440
Stratasys
SSYS
$679M
| $695K | ﹤0.01% |
83,649
-16,780
| -17% | -$132K |
|
|
SVCO
4441
Silvaco Group
SVCO
$261M
| $695K | ﹤0.01% |
48,573
-88,302
| -65% | -$1.46M |
|
4442
CALL
GoodRx Holdings
GDRX
$1.04B
| $694K | ﹤0.01% |
+100,000
| New | +$785K |
|
4443
Blue Owl Capital
OWL
$6.96B
| $694K | ﹤0.01% |
35,831
-219,295
| -86% | -$3.92M |
|
4444
CALL
BJs Wholesale Club
BJ
$12.5B
| $693K | ﹤0.01% |
8,400
-2,500
| -23% | -$211K |
|
4445
CALL
Bruker
BRKR
$9.57B
| $691K | ﹤0.01% |
10,000
-40,000
| -80% | -$2.58M |
|
|
SKE
4446
Skeena Resources
SKE
$3.3B
| $691K | ﹤0.01% |
81,622
+23,823
| +41% | +$172K |
|
|
SSBK
4447
DELISTED
Southern States Bancshares
SSBK
| $689K | ﹤0.01% |
22,427
-934
| -4% | -$28.1K |
|
4448
Construction Partners
ROAD
$5.84B
| $688K | ﹤0.01% |
+9,862
| New | +$608K |
|
|
NEWP
4449
New Pacific Metals
NEWP
$859M
| $688K | ﹤0.01% |
464,772
-17,866
| -4% | -$25.9K |
|
|
OPRA
4450
Opera Ltd
OPRA
$1.69B
| $687K | ﹤0.01% |
44,490
-317,054
| -88% | -$4.26M |
|
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.