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 | |
|---|---|---|---|---|---|---|
5301
CALL
Recursion Pharmaceuticals
RXRX
$1.61B
| $209K | ﹤0.01% |
31,700
-68,300
| -68% | -$490K |
|
5302
Broadway Financial
BYFC
$93.7M
| $209K | ﹤0.01% |
32,412
-3,019
| -9% | -$18K |
|
5303
Jakks Pacific
JAKK
$302M
| $209K | ﹤0.01% |
8,176
-14,332
| -64% | -$315K |
|
5304
OppFi
OPFI
$804M
| $209K | ﹤0.01% |
44,094
-36,803
| -45% | -$153K |
|
5305
CALL
Wingstop
WING
$3.66B
| $208K | ﹤0.01% |
+500
| New | +$194K |
|
5306
Vanguard Health Care ETF
VHT
$18.3B
| $207K | ﹤0.01% |
+735
| New | +$204K |
|
5307
Schwab Fundamental US Large Company Index ETF
FNDX
$26.7B
| $207K | ﹤0.01% |
+8,664
| New | +$199K |
|
|
TMQ
5308
Trilogy Metals
TMQ
$549M
| $207K | ﹤0.01% |
426,985
-817,232
| -66% | -$453K |
|
5309
CALL
Ametek
AME
$55B
| $206K | ﹤0.01% |
+1,200
| New | +$200K |
|
|
5310
PUT
Ametek
AME
$55B
| $206K | ﹤0.01% |
1,200
-21,300
| -95% | -$3.56M |
|
5311
Aquestive Therapeutics
AQST
$467M
| $206K | ﹤0.01% |
41,301
-49,561
| -55% | -$193K |
|
|
ADVM
5312
DELISTED
Adverum Biotechnologies
ADVM
| $205K | ﹤0.01% |
29,239
-40,172
| -58% | -$292K |
|
|
OKUR
5313
OnKure Therapeutics
OKUR
$162M
| $205K | ﹤0.01% |
12,057
+1,058
| +10% | +$15.7K |
|
|
HQL
5314
abrdn Life Sciences Investors
HQL
$591M
| $204K | ﹤0.01% |
13,560
-4,637
| -25% | -$70.2K |
|
5315
CALL
Alcoa
AA
$11.9B
| $204K | ﹤0.01% |
5,300
-53,400
| -91% | -$1.82M |
|
5316
CALL
Sky Harbour Group Warrants
SKYH.WS
$17.7M
| $204K | ﹤0.01% |
90,625
| – | – |
|
|
WDH
5317
Waterdrop
WDH
$410M
| $204K | ﹤0.01% |
169,818
-170,284
| -50% | -$184K |
|
|
MGIC
5318
DELISTED
Magic Software Enterprises
MGIC
| $203K | ﹤0.01% |
17,157
-29,219
| -63% | -$317K |
|
5319
CALL
Innovative Industrial Properties
IIPR
$1.76B
| $202K | ﹤0.01% |
+1,500
| New | +$183K |
|
|
PMO
5320
Franklin Municipal Opportunities Trust
PMO
$280M
| $202K | ﹤0.01% |
18,517
| – | – |
|
5321
Priority Technology Holdings
PRTH
$544M
| $201K | ﹤0.01% |
29,482
+14,866
| +102% | +$83.2K |
|
|
HYPD
5322
Hyperion DeFi Inc
HYPD
$40.3M
| $201K | ﹤0.01% |
4,851
-64
| -1% | -$4.12K |
|
|
ZTR
5323
Virtus Total Return Fund
ZTR
$342M
| $200K | ﹤0.01% |
32,321
| – | – |
|
5324
SelectQuote
SLQT
$128M
| $197K | ﹤0.01% |
90,848
-247,049
| -73% | -$810K |
|
5325
Cipher Digital
CIFR
$9.27B
| $195K | ﹤0.01% |
50,314
-5,280,573
| -99% | -$22.2M |
|
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.