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 | |
|---|---|---|---|---|---|---|
4826
Aurinia Pharmaceuticals
AUPH
$1.91B
| $428K | ﹤0.01% |
58,325
+46,555
| +396% | +$289K |
|
|
PROF
4827
Profound Medical
PROF
$268M
| $427K | ﹤0.01% |
+53,633
| New | +$485K |
|
|
HYAC
4828
DELISTED
Haymaker Acquisition Corp 4
HYAC
| $426K | ﹤0.01% |
40,000
| – | – |
|
4829
AN2 Therapeutics
ANTX
$193M
| $426K | ﹤0.01% |
397,925
-128,427
| -24% | -$223K |
|
4830
Unity Bancorp
UNTY
$591M
| $424K | ﹤0.01% |
12,462
-6,661
| -35% | -$216K |
|
4831
St. Joe Company
JOE
$3.54B
| $424K | ﹤0.01% |
7,275
-38,607
| -84% | -$2.26M |
|
4832
CALL
Tandem Diabetes Care
TNDM
$1.34B
| $424K | ﹤0.01% |
10,000
-30,000
| -75% | -$1.27M |
|
4833
CALL
AppFolio
APPF
$6.38B
| $424K | ﹤0.01% |
1,800
-200
| -10% | -$46.8K |
|
4834
FS Bancorp
FSBW
$319M
| $423K | ﹤0.01% |
+9,518
| New | +$397K |
|
4835
PUT
Yeti Holdings
YETI
$3.71B
| $423K | ﹤0.01% |
+10,300
| New | +$404K |
|
|
OPTN
4836
DELISTED
OptiNose
OPTN
| $422K | ﹤0.01% |
41,941
-29,768
| -42% | -$434K |
|
4837
China Yuchai International
CYD
$1.77B
| $421K | ﹤0.01% |
33,233
+22,299
| +204% | +$235K |
|
4838
Digimarc Corp
DMRC
$147M
| $421K | ﹤0.01% |
+15,661
| New | +$462K |
|
4839
Franklin FTSE Japan ETF
FLJP
$3.97B
| $421K | ﹤0.01% |
+13,826
| New | +$407K |
|
|
ECC
4840
Eagle Point Credit Company
ECC
$512M
| $420K | ﹤0.01% |
+42,623
| New | +$422K |
|
4841
Vanguard Consumer Staples ETF
VDC
$7.97B
| $420K | ﹤0.01% |
1,922
-161
| -8% | -$34.2K |
|
4842
Byline Bancorp
BY
$1.78B
| $420K | ﹤0.01% |
15,680
-12,530
| -44% | -$331K |
|
4843
CALL
Workiva
WK
$3.36B
| $419K | ﹤0.01% |
5,300
-100
| -2% | -$7.51K |
|
|
SOL
4844
DELISTED
Emeren Group
SOL
| $419K | ﹤0.01% |
155,059
-127,628
| -45% | -$238K |
|
4845
PUT
Forward Air
FWRD
$444M
| $418K | ﹤0.01% |
+11,800
| New | +$335K |
|
|
ADAM
4846
Adamas Trust
ADAM
$815M
| $418K | ﹤0.01% |
65,974
-67,002
| -50% | -$431K |
|
|
TERN
4847
CALL
DELISTED
Terns Pharmaceuticals
TERN
| $417K | ﹤0.01% |
50,000
| – | – |
|
4848
PUT
Shift4
FOUR
$4.2B
| $416K | ﹤0.01% |
4,700
+700
| +18% | +$53K |
|
4849
PUT
Sana Biotechnology
SANA
$871M
| $416K | ﹤0.01% |
100,000
+24,600
| +33% | +$129K |
|
4850
Cooper-Standard Automotive
CPS
$523M
| $413K | ﹤0.01% |
29,798
+10,177
| +52% | +$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.