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 | |
|---|---|---|---|---|---|---|
|
BNR
4601
Burning Rock Biotech
BNR
$93.9M
| $567K | ﹤0.01% |
173,472
+1,627
| +0.9% | +$8.97K |
|
4602
PUT
Fox Class A
FOXA
$24.5B
| $567K | ﹤0.01% |
+13,400
| New | +$520K |
|
4603
Vanguard Global ex-US Real Estate ETF
VNQI
$3.52B
| $567K | ﹤0.01% |
+12,088
| New | +$526K |
|
4604
Vuzix
VUZI
$194M
| $567K | ﹤0.01% |
484,297
-525,362
| -52% | -$573K |
|
4605
iShares US Financial Services ETF
IYG
$2.16B
| $566K | ﹤0.01% |
7,970
-30,343
| -79% | -$2.09M |
|
|
CLYM
4606
Climb Bio
CLYM
$681M
| $566K | ﹤0.01% |
111,137
+99,740
| +875% | +$706K |
|
4607
Torrid Holdings
CURV
$254M
| $565K | ﹤0.01% |
143,836
+120,492
| +516% | +$812K |
|
4608
Littelfuse
LFUS
$11.2B
| $564K | ﹤0.01% |
2,125
-4,716
| -69% | -$1.21M |
|
4609
Velocity Financial
VEL
$689M
| $564K | ﹤0.01% |
28,742
+11,297
| +65% | +$213K |
|
|
IVAC
4610
DELISTED
Intevac Inc
IVAC
| $563K | ﹤0.01% |
165,583
-160,397
| -49% | -$584K |
|
4611
Donegal Group Class A
DGICA
$731M
| $562K | ﹤0.01% |
38,150
+15,714
| +70% | +$226K |
|
4612
CALL
California Resources
CRC
$4.67B
| $561K | ﹤0.01% |
+10,700
| New | +$541K |
|
4613
Novanta
NOVT
$5.08B
| $561K | ﹤0.01% |
+3,137
| New | +$545K |
|
4614
Enovix
ENVX
$892M
| $560K | ﹤0.01% |
68,571
+14,924
| +28% | +$155K |
|
4615
DHI Group
DHX
$182M
| $560K | ﹤0.01% |
304,347
-176,202
| -37% | -$335K |
|
4616
Columbia Financial
CLBK
$1.12B
| $560K | ﹤0.01% |
32,801
+10,852
| +49% | +$183K |
|
4617
DMC Global
BOOM
$138M
| $559K | ﹤0.01% |
43,104
+9,967
| +30% | +$126K |
|
4618
FreightCar America
RAIL
$261M
| $558K | ﹤0.01% |
+51,752
| New | +$302K |
|
4619
Bridgewater Bancshares
BWB
$571M
| $558K | ﹤0.01% |
+39,404
| New | +$527K |
|
|
FL
4620
DELISTED
Foot Locker
FL
| $558K | ﹤0.01% |
21,582
-1,084,578
| -98% | -$30M |
|
4621
PUT
Pentair
PNR
$10.4B
| $557K | ﹤0.01% |
+5,700
| New | +$488K |
|
4622
CALL
Shake Shack
SHAK
$2.53B
| $557K | ﹤0.01% |
5,400
-16,100
| -75% | -$1.55M |
|
4623
CALL
Boyd Gaming
BYD
$6.18B
| $556K | ﹤0.01% |
8,600
-100
| -1% | -$5.9K |
|
4624
CALL
Embecta
EMBC
$216M
| $556K | ﹤0.01% |
39,400
-100,600
| -72% | -$1.46M |
|
4625
Park-Ohio Holdings
PKOH
$575M
| $553K | ﹤0.01% |
18,012
+4,975
| +38% | +$141K |
|
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.