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 | |
|---|---|---|---|---|---|---|
4751
CALL
Cabaletta Bio
CABA
$437M
| $472K | ﹤0.01% |
+100,000
| New | +$579K |
|
4752
Pennant Group
PNTG
$1.4B
| $472K | ﹤0.01% |
13,220
-59,270
| -82% | -$1.82M |
|
|
ONTF
4753
DELISTED
ON24
ONTF
| $472K | ﹤0.01% |
77,065
-69,263
| -47% | -$428K |
|
|
ELEV
4754
DELISTED
Elevation Oncology
ELEV
| $471K | ﹤0.01% |
+785,450
| New | +$1.16M |
|
4755
Riot Platforms
RIOT
$7.63B
| $470K | ﹤0.01% |
63,337
-90,303
| -59% | -$782K |
|
4756
CALL
PTC
PTC
$15.8B
| $470K | ﹤0.01% |
2,600
| – | – |
|
4757
PUT
Telephone and Data Systems
TDS
$3.82B
| $470K | ﹤0.01% |
+20,200
| New | +$440K |
|
|
SGI
4758
PUT
Somnigroup International
SGI
$13.7B
| $470K | ﹤0.01% |
8,600
| – | – |
|
4759
Stock Yards Bancorp
SYBT
$2.64B
| $469K | ﹤0.01% |
7,562
-24,615
| -76% | -$1.42M |
|
4760
CALL
Peloton Interactive
PTON
$2.77B
| $468K | ﹤0.01% |
100,000
| – | – |
|
4761
Otis Worldwide
OTIS
$27.4B
| $467K | ﹤0.01% |
4,492
-223,963
| -98% | -$21.3M |
|
4762
CALL
TripAdvisor
TRIP
$1.65B
| $467K | ﹤0.01% |
32,200
-39,900
| -55% | -$619K |
|
4763
Cibus
CBUS
$147M
| $466K | ﹤0.01% |
+142,849
| New | +$1.03M |
|
4764
NVE Corp
NVEC
$562M
| $465K | ﹤0.01% |
5,820
+3,044
| +110% | +$242K |
|
4765
CALL
Kroger
KR
$35.4B
| $464K | ﹤0.01% |
8,100
-2,700
| -25% | -$145K |
|
4766
First Commonwealth Financial
FCF
$2.18B
| $464K | ﹤0.01% |
27,042
+13,306
| +97% | +$218K |
|
4767
CALL
Ovintiv
OVV
$17.3B
| $464K | ﹤0.01% |
12,100
-4,200
| -26% | -$182K |
|
4768
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$374M
| $462K | ﹤0.01% |
+5,724
| New | +$499K |
|
4769
CALL
Exelon
EXC
$46.9B
| $462K | ﹤0.01% |
11,400
-59,500
| -84% | -$2.24M |
|
4770
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.2B
| $462K | ﹤0.01% |
+3,669
| New | +$442K |
|
|
NIPG
4771
NIP Group Inc
NIPG
$75.6M
| $462K | ﹤0.01% |
+1,974
| New | +$483K |
|
4772
Red Robin
RRGB
$145M
| $461K | ﹤0.01% |
104,616
-262,196
| -71% | -$1.28M |
|
4773
FTAI Infrastructure
FIP
$441M
| $460K | ﹤0.01% |
49,197
+13,016
| +36% | +$121K |
|
4774
First United
FUNC
$285M
| $460K | ﹤0.01% |
15,431
+2,586
| +20% | +$69.6K |
|
4775
SmartFinancial
SMBK
$896M
| $460K | ﹤0.01% |
15,788
+1,877
| +13% | +$51.7K |
|
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.