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 |
iShares Core S&P 500 ETF
IVV
|
+$1.12B |
| 2 |
Apple
AAPL
|
+$963M |
| 3 |
Wells Fargo
WFC
|
+$647M |
| 4 |
ConocoPhillips
COP
|
+$632M |
| 5 |
UnitedHealth
UNH
|
+$490M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$963M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$907M |
| 3 |
KKR & Co
KKR
|
+$906M |
| 4 |
CRH
CRH
|
+$670M |
| 5 |
Meta Platforms (Facebook)
META
|
+$593M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.44% |
| 2 | Healthcare | 8.01% |
| 3 | Financials | 6.79% |
| 4 | Industrials | 6.22% |
| 5 | Consumer Discretionary | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
5026
Relmada Therapeutics
RLMD
$540M
| $193K | ﹤0.01% |
64,357
-277,093
| -81% | -$1M |
|
5027
PUT
AGNC Investment
AGNC
$12.7B
| $193K | ﹤0.01% |
20,200
-165,900
| -89% | -$1.59M |
|
5028
Inogen
INGN
$174M
| $192K | ﹤0.01% |
23,668
-173,113
| -88% | -$1.34M |
|
|
PMO
5029
Franklin Municipal Opportunities Trust
PMO
$282M
| $190K | ﹤0.01% |
18,517
| – | – |
|
5030
First Commonwealth Financial
FCF
$2.2B
| $190K | ﹤0.01% |
+13,736
| New | +$184K |
|
|
REFI
5031
Chicago Atlantic Real Estate Finance
REFI
$251M
| $189K | ﹤0.01% |
12,310
-4,812
| -28% | -$75.3K |
|
5032
Codere Online
CDRO
$422M
| $188K | ﹤0.01% |
+23,066
| New | +$167K |
|
5033
Innovative Solutions & Support
ISSC
$319M
| $188K | ﹤0.01% |
31,330
-24,440
| -44% | -$155K |
|
5034
The Beachbody Company
BODI
$71.8M
| $187K | ﹤0.01% |
+22,215
| New | +$202K |
|
5035
Bausch + Lomb
BLCO
$5.78B
| $187K | ﹤0.01% |
12,886
-6,688
| -34% | -$100K |
|
5036
Upland Software
UPLD
$13.3M
| $187K | ﹤0.01% |
7,506
-602
| -7% | -$15.8K |
|
5037
Acacia Research
ACTG
$437M
| $187K | ﹤0.01% |
+37,232
| New | +$193K |
|
|
BFZ
5038
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $186K | ﹤0.01% |
15,567
| – | – |
|
5039
CALL
Iris Energy
IREN
$10.5B
| $186K | ﹤0.01% |
+16,500
| New | +$124K |
|
5040
CALL
Applied Digital
APLD
$6.68B
| $186K | ﹤0.01% |
+31,200
| New | +$121K |
|
5041
PUT
TripAdvisor
TRIP
$1.7B
| $185K | ﹤0.01% |
10,400
-99,300
| -91% | -$2.15M |
|
5042
PUT
NovoCure
NVCR
$1.77B
| $185K | ﹤0.01% |
10,800
+600
| +6% | +$10.6K |
|
|
MDV
5043
Modiv Industrial
MDV
$183M
| $183K | ﹤0.01% |
12,961
-21,154
| -62% | -$320K |
|
5044
Village Farms International
VFF
$239M
| $182K | ﹤0.01% |
178,628
+64,151
| +56% | +$78K |
|
|
IRBT
5045
PUT
DELISTED
iRobot
IRBT
| $182K | ﹤0.01% |
20,000
| – | – |
|
5046
Broadway Financial
BYFC
$93.1M
| $182K | ﹤0.01% |
35,431
+1,076
| +3% | +$5.41K |
|
5047
Latham Group
SWIM
$660M
| $182K | ﹤0.01% |
60,093
-40,972
| -41% | -$143K |
|
5048
Northeast Community Bancorp
NECB
$373M
| $182K | ﹤0.01% |
10,202
-13,494
| -57% | -$222K |
|
5049
CALL
The GEO Group
GEO
$4B
| $181K | ﹤0.01% |
+12,600
| New | +$178K |
|
5050
ThredUp
TDUP
$765M
| $181K | ﹤0.01% |
106,252
+55,103
| +108% | +$100K |
|
Similar funds
Millennium Management's Q2 2024 Portfolio in Review
As of Q2 2024, Millennium Management held 6,803 positions worth $216B, down 7.8% from $234B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $24.5B in Q2 2024, closing 995 positions and reducing 2,549 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $907M position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 8.5% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in QXO Inc worth $20.6M.
- Millennium Management's largest Q2 2024 buy was QXO Inc: 2,219,158 shares worth $20.6M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $1.12B increase.
- Millennium Management's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $963M.
- Millennium Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $907M.
- Millennium Management's ten largest holdings make up 16% of its $216B portfolio in Q2 2024.
- Millennium Management opened 661 new positions and closed 995 in Q2 2024.
- Millennium Management's portfolio value fell 7.8% quarter-over-quarter to $216B.
Based on Millennium Management's 13F filing for Q2 2024, filed 14 Aug 2024.