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 | |
|---|---|---|---|---|---|---|
526
CALL
RTX Corp
RTX
$295B
| $81.9M | 0.04% |
675,800
-400,800
| -37% | -$45.7M |
|
527
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $81.8M | 0.04% |
985,300
+635,300
| +182% | +$51M |
|
528
Williams Companies
WMB
$85.8B
| $81.7M | 0.04% |
1,789,886
+1,696,577
| +1,818% | +$74.6M |
|
529
Roku
ROKU
$21.3B
| $81.5M | 0.04% |
1,092,198
+355,379
| +48% | +$22.8M |
|
530
State Street Utilities Select Sector SPDR ETF
XLU
$23.4B
| $81.4M | 0.04% |
2,014,976
+1,976,250
| +5,103% | +$73.3M |
|
531
Suncor Energy
SU
$75.4B
| $81.2M | 0.04% |
2,199,858
+1,952,130
| +788% | +$75.4M |
|
532
CALL
CME Group
CME
$93.5B
| $81.1M | 0.04% |
367,600
+279,400
| +317% | +$57.8M |
|
533
Palo Alto Networks
PANW
$260B
| $81M | 0.04% |
474,248
+472,242
| +23,541% | +$79.5M |
|
534
Interactive Brokers
IBKR
$40.5B
| $81M | 0.04% |
2,326,144
-2,001,924
| -46% | -$62M |
|
535
Enovis
ENOV
$1.7B
| $80.9M | 0.04% |
1,880,264
-38,971
| -2% | -$1.74M |
|
|
CNH
536
CNH Industrial
CNH
$14.2B
| $80.9M | 0.04% |
7,291,173
+3,991,834
| +121% | +$40.6M |
|
537
IQVIA
IQV
$40B
| $80.9M | 0.04% |
341,237
+209,937
| +160% | +$49.6M |
|
538
CALL
Uber
UBER
$144B
| $80.7M | 0.04% |
1,073,200
+532,900
| +99% | +$37.5M |
|
539
PUT
Elevance Health
ELV
$83.7B
| $80.4M | 0.04% |
154,700
+300
| +0.2% | +$160K |
|
540
Owens Corning
OC
$11.5B
| $80.2M | 0.04% |
454,460
+65,264
| +17% | +$11M |
|
541
Hartford Financial Services
HIG
$39.3B
| $80.2M | 0.04% |
681,638
+456,705
| +203% | +$50.1M |
|
542
PUT
Gilead Sciences
GILD
$167B
| $80.1M | 0.04% |
955,800
+595,300
| +165% | +$45.4M |
|
543
Cincinnati Financial
CINF
$28B
| $80.1M | 0.04% |
588,200
+134,569
| +30% | +$17.4M |
|
544
PUT
Darden Restaurants
DRI
$23.7B
| $80M | 0.04% |
487,400
+45,500
| +10% | +$6.89M |
|
545
Capital One
COF
$130B
| $79.7M | 0.04% |
532,153
+377,208
| +243% | +$53.7M |
|
546
Veeva Systems
VEEV
$32.7B
| $79.6M | 0.04% |
379,296
+145,818
| +62% | +$28.8M |
|
547
US Bancorp
USB
$100B
| $79.6M | 0.04% |
1,740,402
+449,394
| +35% | +$19.7M |
|
548
COPT Defense Properties
CDP
$4.34B
| $79.4M | 0.04% |
2,619,240
-654,768
| -20% | -$18.6M |
|
549
Western Union
WU
$2.58B
| $79.3M | 0.04% |
6,645,630
+2,915,180
| +78% | +$35.2M |
|
550
Lennar Class A
LEN
$21.1B
| $78.9M | 0.04% |
434,722
+314,982
| +263% | +$52.8M |
|
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.