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 | |
|---|---|---|---|---|---|---|
5001
Alpha and Omega Semiconductor
AOSL
$961M
| $335K | ﹤0.01% |
9,034
-128,246
| -93% | -$4.87M |
|
5002
Herbalife
HLF
$1.28B
| $335K | ﹤0.01% |
46,594
-10,010
| -18% | -$92.2K |
|
|
IGMS
5003
CALL
DELISTED
IGM Biosciences
IGMS
| $334K | ﹤0.01% |
20,200
-9,800
| -33% | -$107K |
|
5004
DHT Holdings
DHT
$3B
| $334K | ﹤0.01% |
30,276
-291,407
| -91% | -$3.22M |
|
5005
PUT
Middleby
MIDD
$6.05B
| $334K | ﹤0.01% |
+2,400
| New | +$322K |
|
5006
PUT
Box
BOX
$4.36B
| $334K | ﹤0.01% |
+10,200
| New | +$298K |
|
5007
Prelude Therapeutics
PRLD
$381M
| $332K | ﹤0.01% |
+160,524
| New | +$743K |
|
5008
CALL
StoneCo
STNE
$2.74B
| $332K | ﹤0.01% |
29,500
-200,000
| -87% | -$2.55M |
|
5009
Electromed
ELMD
$340M
| $332K | ﹤0.01% |
15,468
+4,739
| +44% | +$77.1K |
|
5010
UNIFI
UFI
$118M
| $332K | ﹤0.01% |
45,242
+106
| +0.2% | +$667 |
|
5011
Apollo Global Management Series A
APO.PRA
$1.76B
| $332K | ﹤0.01% |
+4,682
| New | +$300K |
|
5012
Mediaco Holding
MDIA
$78.2M
| $331K | ﹤0.01% |
+258,745
| New | +$829K |
|
5013
Vanguard Morningstar Large-Cap ETF
VV
$52.4B
| $331K | ﹤0.01% |
+1,257
| New | +$319K |
|
5014
CALL
Hertz
HTZ
$499M
| $330K | ﹤0.01% |
+100,000
| New | +$349K |
|
5015
Costamare
CMRE
$1.86B
| $330K | ﹤0.01% |
+20,990
| New | +$303K |
|
5016
Valaris
VAL
$5.45B
| $329K | ﹤0.01% |
5,903
-6,936
| -54% | -$454K |
|
5017
CALL
Bunge Global
BG
$20.3B
| $329K | ﹤0.01% |
+3,400
| New | +$348K |
|
5018
PUT
NRG Energy
NRG
$28.3B
| $328K | ﹤0.01% |
3,600
-39,000
| -92% | -$3.1M |
|
|
GOOD
5019
Gladstone Commercial Corp
GOOD
$605M
| $327K | ﹤0.01% |
+20,161
| New | +$302K |
|
5020
Global X FinTech ETF
FINX
$171M
| $327K | ﹤0.01% |
+11,685
| New | +$308K |
|
5021
iShares S&P 500 Value ETF
IVE
$49B
| $327K | ﹤0.01% |
+1,656
| New | +$315K |
|
5022
CALL
Jefferies Financial Group
JEF
$12.7B
| $326K | ﹤0.01% |
+5,300
| New | +$301K |
|
5023
flyExclusive
FLYX
$62.7M
| $325K | ﹤0.01% |
109,194
-6,705
| -6% | -$26.8K |
|
5024
Oxford Square Capital
OXSQ
$161M
| $325K | ﹤0.01% |
114,884
-8,124
| -7% | -$23.9K |
|
5025
BlackRock Flexible Income ETF
BINC
$16.1B
| $322K | ﹤0.01% |
+6,022
| New | +$319K |
|
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.