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 | |
|---|---|---|---|---|---|---|
4876
CALL
Teva Pharmaceuticals
TEVA
$40.8B
| $402K | ﹤0.01% |
22,300
-19,400
| -47% | -$340K |
|
4877
SES AI
SES
$203M
| $401K | ﹤0.01% |
627,153
+582,823
| +1,315% | +$608K |
|
4878
Rallybio
RLYB
$84.5M
| $401K | ﹤0.01% |
42,868
-14,628
| -25% | -$141K |
|
4879
Victory Capital Holdings
VCTR
$6.19B
| $400K | ﹤0.01% |
7,229
-131,735
| -95% | -$6.8M |
|
4880
Amplify Junior Silver Miners ETF
SILJ
$3.18B
| $400K | ﹤0.01% |
+31,000
| New | +$376K |
|
4881
ESS Tech
GWH
$22M
| $399K | ﹤0.01% |
63,125
-55,383
| -47% | -$502K |
|
|
DFSI
4882
Dimensional International Sustainability Core 1 ETF
DFSI
$1.14B
| $399K | ﹤0.01% |
+11,161
| New | +$382K |
|
4883
CALL
SoFi Technologies
SOFI
$21B
| $399K | ﹤0.01% |
50,700
-69,700
| -58% | -$507K |
|
4884
SPX Corp
SPXC
$11B
| $398K | ﹤0.01% |
2,498
-3,555
| -59% | -$536K |
|
4885
TechTarget
TTGT
$325M
| $398K | ﹤0.01% |
+16,276
| New | +$458K |
|
4886
PUT
Exelon
EXC
$46.9B
| $397K | ﹤0.01% |
9,800
-39,100
| -80% | -$1.47M |
|
4887
Nuveen Quality Municipal Income Fund
NAD
$2.74B
| $397K | ﹤0.01% |
+32,032
| New | +$385K |
|
4888
PUT
TD Synnex
SNX
$20.4B
| $396K | ﹤0.01% |
+3,300
| New | +$382K |
|
|
TGI
4889
DELISTED
Triumph Group
TGI
| $396K | ﹤0.01% |
30,693
-437,896
| -93% | -$6.35M |
|
|
HITI
4890
High Tide
HITI
$186M
| $395K | ﹤0.01% |
192,700
+62,674
| +48% | +$124K |
|
4891
BlackRock Health Sciences Trust
BME
$562M
| $394K | ﹤0.01% |
9,404
-3,525
| -27% | -$146K |
|
|
DSL
4892
DoubleLine Income Solutions Fund
DSL
$1.22B
| $394K | ﹤0.01% |
+30,371
| New | +$388K |
|
4893
Dime Commercial Bancshares
DCOM
$1.8B
| $394K | ﹤0.01% |
+13,683
| New | +$333K |
|
4894
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $394K | ﹤0.01% |
+10,671
| New | +$386K |
|
4895
Beazer Homes USA
BZH
$877M
| $394K | ﹤0.01% |
+11,529
| New | +$355K |
|
4896
CALL
Marathon Digital Holdings
MARA
$4.32B
| $393K | ﹤0.01% |
+24,200
| New | +$439K |
|
4897
PUT
Under Armour
UAA
$2.84B
| $391K | ﹤0.01% |
43,900
-156,100
| -78% | -$1.16M |
|
4898
WPP
WPP
$4.36B
| $391K | ﹤0.01% |
+7,633
| New | +$363K |
|
|
BGFV
4899
DELISTED
Big 5 Sporting Goods
BGFV
| $390K | ﹤0.01% |
186,721
-55,185
| -23% | -$118K |
|
|
GTM
4900
PUT
ZoomInfo Technologies
GTM
$973M
| $390K | ﹤0.01% |
37,800
+26,300
| +229% | +$275K |
|
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.