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 | |
|---|---|---|---|---|---|---|
|
COOP
5076
PUT
DELISTED
Mr. Cooper
COOP
| $295K | ﹤0.01% |
+3,200
| New | +$284K |
|
|
AZEK
5077
PUT
DELISTED
The AZEK Co
AZEK
| $295K | ﹤0.01% |
+6,300
| New | +$270K |
|
5078
Biodesix
BDSX
$222M
| $294K | ﹤0.01% |
+8,267
| New | +$284K |
|
5079
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $294K | ﹤0.01% |
+4,869
| New | +$291K |
|
5080
Envela
ELA
$561M
| $294K | ﹤0.01% |
53,654
-3,414
| -6% | -$17.2K |
|
|
OCSAW
5081
CALL
Oculis Holding AG Warrants
OCSAW
$199M
| $294K | ﹤0.01% |
140,000
| – | – |
|
5082
AMREP Corp
AXR
$119M
| $294K | ﹤0.01% |
+9,895
| New | +$229K |
|
5083
VanEck Vietnam ETF
VNM
$491M
| $293K | ﹤0.01% |
22,928
-70,305
| -75% | -$864K |
|
5084
CALL
ArcBest
ARCB
$3.24B
| $293K | ﹤0.01% |
2,700
-700
| -21% | -$76.8K |
|
5085
CALL
iShares US Home Construction ETF
ITB
$2.28B
| $292K | ﹤0.01% |
2,300
-1,100
| -32% | -$127K |
|
5086
LSI Industries
LYTS
$853M
| $292K | ﹤0.01% |
18,088
-15,463
| -46% | -$237K |
|
5087
Nathan's Famous
NATH
$402M
| $292K | ﹤0.01% |
+3,608
| New | +$269K |
|
5088
Evolv Technologies
EVLV
$1B
| $292K | ﹤0.01% |
+72,013
| New | +$251K |
|
5089
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.61B
| $290K | ﹤0.01% |
+6,686
| New | +$286K |
|
|
ABLLW
5090
CALL
DELISTED
Abacus Life Warrant
ABLLW
| $290K | ﹤0.01% |
170,691
| – | – |
|
|
DXYZ
5091
Destiny Tech100
DXYZ
$698M
| $289K | ﹤0.01% |
29,043
-47,713
| -62% | -$578K |
|
5092
Banco Santander
SAN
$201B
| $289K | ﹤0.01% |
56,583
-64,753
| -53% | -$311K |
|
5093
CALL
Semtech
SMTC
$11.1B
| $288K | ﹤0.01% |
+6,300
| New | +$232K |
|
5094
Zevia
ZVIA
$123M
| $288K | ﹤0.01% |
266,334
-87,936
| -25% | -$83.2K |
|
5095
INNOVATE Corp
VATE
$113M
| $288K | ﹤0.01% |
77,714
+11,746
| +18% | +$58K |
|
5096
Unitil
UTL
$970M
| $287K | ﹤0.01% |
4,740
-3,581
| -43% | -$209K |
|
|
AIFU
5097
AIFU Inc
AIFU
$207M
| $286K | ﹤0.01% |
504
+363
| +257% | +$203K |
|
5098
PUT
Lithia Motors
LAD
$8.51B
| $286K | ﹤0.01% |
900
-500
| -36% | -$139K |
|
5099
PUT
Public Service Enterprise Group
PEG
$38.5B
| $285K | ﹤0.01% |
3,200
-1,300
| -29% | -$104K |
|
5100
Fresenius Medical Care
FMS
$13.7B
| $285K | ﹤0.01% |
+13,381
| New | +$263K |
|
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.