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 | |
|---|---|---|---|---|---|---|
|
APLS
4701
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $508K | ﹤0.01% |
17,600
-1,000
| -5% | -$37K |
|
4702
CALL
JetBlue
JBLU
$2.28B
| $507K | ﹤0.01% |
77,300
-89,700
| -54% | -$505K |
|
4703
Manchester United
MANU
$3.97B
| $507K | ﹤0.01% |
31,314
-4,421
| -12% | -$74K |
|
4704
CVR Energy
CVI
$3.58B
| $506K | ﹤0.01% |
21,957
-85,965
| -80% | -$2.13M |
|
4705
Caleres
CAL
$431M
| $503K | ﹤0.01% |
15,224
-205,858
| -93% | -$7.47M |
|
4706
Hawthorn Bancshares
HWBK
$269M
| $501K | ﹤0.01% |
20,011
-4,580
| -19% | -$102K |
|
4707
Finance of America Companies
FOA
$203M
| $501K | ﹤0.01% |
43,283
-15,065
| -26% | -$121K |
|
4708
CALL
Lumentum
LITE
$55.5B
| $501K | ﹤0.01% |
+7,900
| New | +$428K |
|
4709
CALL
L3Harris
LHX
$51.6B
| $500K | ﹤0.01% |
2,100
+1,000
| +91% | +$231K |
|
4710
PUT
Dropbox
DBX
$7.6B
| $498K | ﹤0.01% |
+19,600
| New | +$461K |
|
|
COOP
4711
CALL
DELISTED
Mr. Cooper
COOP
| $498K | ﹤0.01% |
5,400
+2,900
| +116% | +$257K |
|
|
REFI
4712
Chicago Atlantic Real Estate Finance
REFI
$248M
| $497K | ﹤0.01% |
32,063
+19,753
| +160% | +$310K |
|
4713
PUT
KB Home
KBH
$3.37B
| $497K | ﹤0.01% |
5,800
-47,400
| -89% | -$3.81M |
|
4714
Star Holdings Shares of Beneficial Interest
STHO
$113M
| $496K | ﹤0.01% |
+35,863
| New | +$465K |
|
|
CCEC
4715
Capital Clean Energy Carriers
CCEC
$1.34B
| $496K | ﹤0.01% |
+26,449
| New | +$448K |
|
4716
CALL
Arvinas
ARVN
$518M
| $493K | ﹤0.01% |
+20,000
| New | +$522K |
|
4717
Herc Holdings
HRI
$5.02B
| $492K | ﹤0.01% |
3,083
-14,221
| -82% | -$2.02M |
|
|
MRSN
4718
DELISTED
Mersana Therapeutics
MRSN
| $491K | ﹤0.01% |
10,391
-17,280
| -62% | -$762K |
|
4719
Citizens
CIA
$239M
| $491K | ﹤0.01% |
135,629
+17,408
| +15% | +$50.8K |
|
|
TEF
4720
DELISTED
Telefonica
TEF
| $491K | ﹤0.01% |
100,987
+68,797
| +214% | +$313K |
|
4721
Funko
FNKO
$326M
| $491K | ﹤0.01% |
40,162
+9,709
| +32% | +$97.6K |
|
4722
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.1B
| $491K | ﹤0.01% |
4,344
-1,315
| -23% | -$143K |
|
4723
ProShares UltraPro QQQ
TQQQ
$32.1B
| $488K | ﹤0.01% |
+13,454
| New | +$461K |
|
4724
PUT
Planet Fitness
PLNT
$4.42B
| $487K | ﹤0.01% |
6,000
| – | – |
|
4725
PUT
SL Green Realty
SLG
$3.76B
| $487K | ﹤0.01% |
7,000
-17,400
| -71% | -$1.12M |
|
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.