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 | |
|---|---|---|---|---|---|---|
5101
CALL
Gold Fields
GFI
$28.9B
| $284K | ﹤0.01% |
18,500
| – | – |
|
5102
iShares US Consumer Discretionary ETF
IYC
$1.17B
| $284K | ﹤0.01% |
+3,225
| New | +$267K |
|
5103
Groupon
GRPN
$1.05B
| $283K | ﹤0.01% |
+28,966
| New | +$388K |
|
5104
Invesco Building & Construction ETF
PKB
$428M
| $283K | ﹤0.01% |
3,554
-1,633
| -31% | -$119K |
|
5105
Context Therapeutics
CNTX
$54M
| $282K | ﹤0.01% |
+143,883
| New | +$319K |
|
5106
Andersons Inc
ANDE
$2.41B
| $281K | ﹤0.01% |
+5,607
| New | +$278K |
|
5107
iShares Cybersecurity and Tech ETF
IHAK
$984M
| $281K | ﹤0.01% |
+5,765
| New | +$271K |
|
5108
CALL
Cogent Communications
CCOI
$650M
| $281K | ﹤0.01% |
+3,700
| New | +$255K |
|
5109
Chesapeake Utilities
CPK
$3.17B
| $281K | ﹤0.01% |
2,260
-3,862
| -63% | -$451K |
|
5110
Capital Group Dividend Value ETF
CGDV
$37.4B
| $280K | ﹤0.01% |
+7,690
| New | +$267K |
|
5111
Vishay Precision Group
VPG
$1.22B
| $280K | ﹤0.01% |
10,802
-45,114
| -81% | -$1.28M |
|
5112
Independent Bank Corp
IBCP
$784M
| $279K | ﹤0.01% |
8,375
-45,621
| -84% | -$1.46M |
|
5113
Green Brick Partners
GRBK
$3.04B
| $279K | ﹤0.01% |
3,338
-2,465
| -42% | -$178K |
|
5114
iShares US Consumer Staples ETF
IYK
$1.4B
| $279K | ﹤0.01% |
+3,948
| New | +$272K |
|
5115
Invesco S&P MidCap Quality ETF
XMHQ
$5.44B
| $279K | ﹤0.01% |
2,715
-12,037
| -82% | -$1.19M |
|
5116
Mitek Systems
MITK
$764M
| $278K | ﹤0.01% |
+32,115
| New | +$325K |
|
5117
Kaltura
KLTR
$202M
| $278K | ﹤0.01% |
204,683
+109,285
| +115% | +$134K |
|
5118
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $278K | ﹤0.01% |
+5,444
| New | +$276K |
|
5119
CALL
Middleby
MIDD
$5.99B
| $278K | ﹤0.01% |
2,000
-1,500
| -43% | -$201K |
|
5120
Acrivon Therapeutics
ACRV
$66.8M
| $278K | ﹤0.01% |
+39,750
| New | +$313K |
|
5121
FitLife Brands
FTLF
$92.9M
| $278K | ﹤0.01% |
16,986
-2,864
| -14% | -$46.3K |
|
5122
NewAmsterdam Pharma
NAMS
$3.26B
| $278K | ﹤0.01% |
16,749
-1,148,680
| -99% | -$19.9M |
|
5123
PUT
Nice
NICE
$5.81B
| $278K | ﹤0.01% |
+1,600
| New | +$275K |
|
|
CRF
5124
Cornerstone Total Return Fund
CRF
$1.15B
| $278K | ﹤0.01% |
35,022
-27,239
| -44% | -$208K |
|
5125
iShares MSCI Peru and Global Exposure ETF
EPU
$538M
| $277K | ﹤0.01% |
6,407
-1,410
| -18% | -$57.3K |
|
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.