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 | |
|---|---|---|---|---|---|---|
776
Vistra
VST
$48.2B
| $51.2M | 0.02% |
432,147
-714,592
| -62% | -$60.6M |
|
777
CALL
Analog Devices
ADI
$172B
| $51.2M | 0.02% |
222,500
+49,700
| +29% | +$11.2M |
|
778
PUT
AutoZone
AZO
$51.4B
| $51M | 0.02% |
16,200
-1,700
| -9% | -$5.22M |
|
|
WBA
779
DELISTED
Walgreens Boots Alliance
WBA
| $50.9M | 0.02% |
5,677,795
+5,138,342
| +953% | +$52.9M |
|
780
Booz Allen Hamilton
BAH
$8.44B
| $50.6M | 0.02% |
311,009
-56,636
| -15% | -$8.67M |
|
781
CALL
Palo Alto Networks
PANW
$256B
| $50.3M | 0.02% |
294,600
-92,200
| -24% | -$15.5M |
|
782
QuidelOrtho
QDEL
$1.13B
| $50.3M | 0.02% |
1,103,202
+696,860
| +171% | +$28.2M |
|
783
CALL
CrowdStrike
CRWD
$183B
| $50.2M | 0.02% |
716,000
+431,600
| +152% | +$30.7M |
|
784
CALL
Occidental Petroleum Corp Warrants
OXY.WS
$32.1B
| $50.1M | 0.02% |
1,684,197
-100
| -0% | -$3.52K |
|
785
CALL
Humana
HUM
$43.9B
| $50M | 0.02% |
157,800
+133,800
| +558% | +$47.6M |
|
786
PUT
Delta Air Lines
DAL
$56.7B
| $49.9M | 0.02% |
983,200
-303,600
| -24% | -$13.2M |
|
787
CALL
Dollar Tree
DLTR
$24.8B
| $49.9M | 0.02% |
709,100
+391,200
| +123% | +$35.7M |
|
788
CALL
ConocoPhillips
COP
$144B
| $49.8M | 0.02% |
473,100
-262,700
| -36% | -$28.9M |
|
|
TMHC
789
DELISTED
Taylor Morrison
TMHC
| $49.8M | 0.02% |
708,358
+686,136
| +3,088% | +$44M |
|
790
PUT
iShares MSCI Japan ETF
EWJ
$21.2B
| $49.7M | 0.02% |
+695,000
| New | +$48.4M |
|
791
CALL
Danaher
DHR
$138B
| $49.7M | 0.02% |
177,700
-76,700
| -30% | -$20.3M |
|
792
Allegion
ALLE
$13.5B
| $49.7M | 0.02% |
340,766
-174,797
| -34% | -$23.1M |
|
793
Kemper
KMPR
$1.81B
| $49.6M | 0.02% |
809,286
+468,338
| +137% | +$28.8M |
|
794
PUT
Halliburton
HAL
$26.1B
| $49.4M | 0.02% |
1,701,600
-1,357,100
| -44% | -$42.8M |
|
795
CALL
TSMC
TSM
$1.94T
| $49.3M | 0.02% |
283,600
-99,800
| -26% | -$17M |
|
796
PUT
Lam Research
LRCX
$313B
| $49.2M | 0.02% |
603,000
+336,000
| +126% | +$29.2M |
|
797
Synchrony
SYF
$24.4B
| $49.2M | 0.02% |
986,173
+465,898
| +90% | +$22.5M |
|
798
GitLab
GTLB
$5.75B
| $49M | 0.02% |
950,888
+22,162
| +2% | +$1.11M |
|
799
MarketAxess Holdings
MKTX
$4.47B
| $49M | 0.02% |
191,277
-147,984
| -44% | -$34.7M |
|
800
Bruker
BRKR
$9.4B
| $49M | 0.02% |
709,332
+478,892
| +208% | +$30.9M |
|
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.