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 | |
|---|---|---|---|---|---|---|
5226
Invesco PHLX Semiconductor ETF
SOXQ
$2.28B
| $234K | ﹤0.01% |
+5,733
| New | +$231K |
|
5227
Omeros
OMER
$863M
| $233K | ﹤0.01% |
58,583
+41,610
| +245% | +$178K |
|
|
SEG
5228
Seaport Entertainment Group
SEG
$337M
| $232K | ﹤0.01% |
+8,478
| New | +$241K |
|
5229
PUT
Bunge Global
BG
$20.2B
| $232K | ﹤0.01% |
+2,400
| New | +$246K |
|
5230
PUT
Unum
UNM
$13.7B
| $232K | ﹤0.01% |
+3,900
| New | +$212K |
|
|
BSL
5231
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$169M
| $231K | ﹤0.01% |
16,394
| – | – |
|
5232
ARKO Corp
ARKO
$903M
| $231K | ﹤0.01% |
32,882
-80,415
| -71% | -$508K |
|
5233
CALL
Dover
DOV
$27.5B
| $230K | ﹤0.01% |
+1,200
| New | +$219K |
|
5234
Core Laboratories
CLB
$477M
| $230K | ﹤0.01% |
12,403
-18,632
| -60% | -$374K |
|
5235
iShares MSCI Israel ETF
EIS
$887M
| $230K | ﹤0.01% |
3,403
-1,473
| -30% | -$94.2K |
|
5236
Ponce Financial Group
PDLB
$486M
| $230K | ﹤0.01% |
+19,651
| New | +$205K |
|
5237
CALL
Veru
VERU
$35.6M
| $229K | ﹤0.01% |
29,840
| – | – |
|
|
SWI
5238
DELISTED
SolarWinds Corporation Common Stock
SWI
| $229K | ﹤0.01% |
17,578
-278,317
| -94% | -$3.41M |
|
5239
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$727M
| $229K | ﹤0.01% |
9,229
| – | – |
|
5240
Greif Class B
GEF.B
$4.14B
| $229K | ﹤0.01% |
3,277
-1,176
| -26% | -$77.7K |
|
5241
POET Technologies
POET
$1.26B
| $228K | ﹤0.01% |
+51,420
| New | +$161K |
|
5242
Bar Harbor Bankshares
BHB
$660M
| $227K | ﹤0.01% |
+7,372
| New | +$221K |
|
5243
CervoMed
CRVO
$23.3M
| $227K | ﹤0.01% |
+15,569
| New | +$241K |
|
5244
CALL
Lincoln National
LNC
$8.8B
| $227K | ﹤0.01% |
7,200
-3,600
| -33% | -$112K |
|
5245
Agilysys
AGYS
$3.04B
| $227K | ﹤0.01% |
2,081
-77,948
| -97% | -$8.34M |
|
5246
Ennis
EBF
$548M
| $226K | ﹤0.01% |
9,284
-283,961
| -97% | -$6.56M |
|
5247
PUT
Kohl's
KSS
$2.21B
| $226K | ﹤0.01% |
10,700
-24,700
| -70% | -$503K |
|
5248
HEICO Corp
HEI
$49.5B
| $225K | ﹤0.01% |
861
-30,992
| -97% | -$7.5M |
|
5249
CALL
Campbell Soup
CPB
$6.58B
| $225K | ﹤0.01% |
4,600
-100
| -2% | -$4.87K |
|
|
APLS
5250
PUT
DELISTED
Apellis Pharmaceuticals
APLS
| $225K | ﹤0.01% |
7,800
-4,300
| -36% | -$159K |
|
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.