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 | |
|---|---|---|---|---|---|---|
4801
iShares MSCI Spain ETF
EWP
$2.11B
| $441K | ﹤0.01% |
+12,492
| New | +$413K |
|
4802
PUT
New Oriental
EDU
$9.37B
| $440K | ﹤0.01% |
+5,800
| New | +$397K |
|
4803
Domo
DOMO
$174M
| $440K | ﹤0.01% |
58,552
-343,341
| -85% | -$2.62M |
|
4804
Global X Cybersecurity ETF
BUG
$1.28B
| $439K | ﹤0.01% |
+14,173
| New | +$422K |
|
4805
PUT
ArcelorMittal
MT
$52.9B
| $439K | ﹤0.01% |
+16,700
| New | +$382K |
|
4806
Televisa
TV
$1.48B
| $436K | ﹤0.01% |
+170,459
| New | +$373K |
|
|
LICY
4807
DELISTED
Li-Cycle Holdings Corp.
LICY
| $436K | ﹤0.01% |
199,011
-173,241
| -47% | -$478K |
|
4808
Hercules Capital
HTGC
$3.07B
| $436K | ﹤0.01% |
22,181
-10,865
| -33% | -$214K |
|
4809
Motorcar Parts of America
MPAA
$254M
| $435K | ﹤0.01% |
58,892
-139,271
| -70% | -$863K |
|
4810
PUT
Iris Energy
IREN
$13.2B
| $435K | ﹤0.01% |
+51,500
| New | +$473K |
|
4811
Endava
DAVA
$158M
| $434K | ﹤0.01% |
16,985
-554,036
| -97% | -$16.6M |
|
4812
KNOT Offshore Partners
KNOP
$372M
| $434K | ﹤0.01% |
63,309
-92,540
| -59% | -$666K |
|
|
PPL
4813
CALL
PPL Corp
PPL
$26.5B
| $433K | ﹤0.01% |
13,100
-100
| -0.8% | -$3.06K |
|
4814
Oil-Dri
ODC
$1.44B
| $432K | ﹤0.01% |
+12,532
| New | +$408K |
|
4815
Brink's
BCO
$4.88B
| $432K | ﹤0.01% |
3,733
-48,065
| -93% | -$5.09M |
|
|
IMA
4816
ImageneBio Inc
IMA
$63M
| $431K | ﹤0.01% |
20,785
-8,774
| -30% | -$177K |
|
|
FBRT
4817
Franklin BSP Realty Trust
FBRT
$630M
| $431K | ﹤0.01% |
33,031
-178,725
| -84% | -$2.35M |
|
4818
Nuvectis Pharma
NVCT
$678M
| $431K | ﹤0.01% |
68,499
-50,960
| -43% | -$335K |
|
4819
Healthcare Services Group
HCSG
$1.6B
| $431K | ﹤0.01% |
38,556
-364,318
| -90% | -$4M |
|
4820
Annexon
ANNX
$834M
| $430K | ﹤0.01% |
72,655
-274,557
| -79% | -$1.63M |
|
4821
BlackRock MuniHoldings California Quality Fund
MUC
$996M
| $430K | ﹤0.01% |
+37,332
| New | +$421K |
|
4822
Waldencast
WALD
$222M
| $429K | ﹤0.01% |
117,769
+89,031
| +310% | +$300K |
|
4823
CAE Inc. Common Shares
CAE
$8.3B
| $428K | ﹤0.01% |
+22,818
| New | +$409K |
|
4824
Vanguard Russell 1000 Growth ETF
VONG
$42.8B
| $428K | ﹤0.01% |
4,432
-36,896
| -89% | -$3.44M |
|
4825
PUT
American Eagle Outfitters
AEO
$2.88B
| $428K | ﹤0.01% |
+19,100
| New | +$394K |
|
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.