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 | |
|---|---|---|---|---|---|---|
4751
System1
SST
$14.3M
| $319K | ﹤0.01% |
21,007
+14,903
| +244% | +$251K |
|
4752
CALL
Mohawk Industries
MHK
$6.91B
| $318K | ﹤0.01% |
+2,800
| New | +$326K |
|
4753
CALL
Otis Worldwide
OTIS
$27.9B
| $318K | ﹤0.01% |
3,300
+800
| +32% | +$77.1K |
|
4754
Nature's Sunshine
NATR
$362M
| $317K | ﹤0.01% |
21,031
-77,536
| -79% | -$1.32M |
|
4755
CALL
ADC Therapeutics
ADCT
$140M
| $316K | ﹤0.01% |
+100,000
| New | +$397K |
|
4756
Equity Bancshares
EQBK
$1.04B
| $316K | ﹤0.01% |
+8,971
| New | +$300K |
|
4757
Investar Holding Corp
ISTR
$411M
| $315K | ﹤0.01% |
20,451
-55,968
| -73% | -$885K |
|
4758
iShares MSCI Peru and Global Exposure ETF
EPU
$521M
| $314K | ﹤0.01% |
+7,817
| New | +$323K |
|
4759
Velocity Financial
VEL
$696M
| $313K | ﹤0.01% |
17,445
+292
| +2% | +$5.15K |
|
4760
Global X Defense Tech ETF
SHLD
$6.92B
| $313K | ﹤0.01% |
+9,436
| New | +$313K |
|
4761
FTAI Infrastructure
FIP
$447M
| $312K | ﹤0.01% |
36,181
-118,256
| -77% | -$901K |
|
|
HDV
4762
iShares Core High Dividend ETF
HDV
$14.7B
| $312K | ﹤0.01% |
+14,360
| New | +$313K |
|
4763
CALL
Burlington
BURL
$23.4B
| $312K | ﹤0.01% |
1,300
-200
| -13% | -$41.2K |
|
4764
Invesco S&P 500 Pure Value ETF
RPV
$1.66B
| $312K | ﹤0.01% |
3,736
-3,295
| -47% | -$279K |
|
4765
CALL
Savara
SVRA
$1.08B
| $311K | ﹤0.01% |
+77,200
| New | +$343K |
|
|
SKE
4766
Skeena Resources
SKE
$3.19B
| $310K | ﹤0.01% |
57,799
-82,303
| -59% | -$388K |
|
4767
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.41B
| $309K | ﹤0.01% |
+12,329
| New | +$294K |
|
4768
PUT
ZTO Express
ZTO
$18.2B
| $309K | ﹤0.01% |
+14,900
| New | +$326K |
|
4769
CALL
SolarEdge
SEDG
$2.37B
| $308K | ﹤0.01% |
12,200
+4,400
| +56% | +$229K |
|
4770
Target Hospitality
TH
$1.43B
| $308K | ﹤0.01% |
35,335
+3,721
| +12% | +$38.8K |
|
4771
Northeast Bank
NBN
$1.04B
| $307K | ﹤0.01% |
5,039
-5,263
| -51% | -$290K |
|
4772
Ohio Valley Banc Corp
OVBC
$196M
| $306K | ﹤0.01% |
15,298
-1,922
| -11% | -$44.1K |
|
4773
CALL
Cal-Maine
CALM
$4.43B
| $306K | ﹤0.01% |
5,000
-2,000
| -29% | -$119K |
|
4774
El Pollo Loco
LOCO
$503M
| $305K | ﹤0.01% |
26,971
-8,360
| -24% | -$83.2K |
|
|
EEX
4775
DELISTED
Emerald Holding
EEX
| $305K | ﹤0.01% |
53,530
+34,525
| +182% | +$208K |
|
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.