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 | |
|---|---|---|---|---|---|---|
1001
Jones Lang LaSalle
JLL
$15.8B
| $36.8M | 0.02% |
136,254
-32,253
| -19% | -$7.82M |
|
1002
Healthcare Realty
HR
$7.56B
| $36.7M | 0.02% |
2,024,002
+1,588,025
| +364% | +$28.2M |
|
1003
CALL
Intuit
INTU
$91.1B
| $36.7M | 0.02% |
59,100
-65,300
| -52% | -$41.7M |
|
1004
CALL
CVS Health
CVS
$135B
| $36.6M | 0.02% |
582,700
-746,300
| -56% | -$43.5M |
|
|
ITCI
1005
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $36.5M | 0.02% |
499,300
-389,802
| -44% | -$29.3M |
|
1006
PUT
DoorDash
DASH
$84.3B
| $36.5M | 0.02% |
255,800
-208,100
| -45% | -$25.2M |
|
1007
CALL
Comcast
CMCSA
$87.3B
| $36.5M | 0.02% |
873,000
-366,100
| -30% | -$14.5M |
|
1008
PUT
Toronto Dominion Bank
TD
$193B
| $36.5M | 0.02% |
426,700
-236,600
| -36% | -$14M |
|
1009
Globe Life
GL
$14B
| $36.4M | 0.02% |
343,647
-936,171
| -73% | -$89.8M |
|
1010
Fox Class B
FOX
$22.1B
| $36.4M | 0.02% |
937,277
+725,847
| +343% | +$26.2M |
|
1011
CarMax
KMX
$8.39B
| $36.3M | 0.02% |
468,477
+357,532
| +322% | +$28.3M |
|
1012
PUT
Charles River Laboratories
CRL
$11.3B
| $36.1M | 0.02% |
183,500
+162,500
| +774% | +$33.8M |
|
1013
Boise Cascade
BCC
$2.73B
| $36.1M | 0.02% |
256,343
+242,013
| +1,689% | +$31.5M |
|
1014
AdaptHealth
AHCO
$1.47B
| $36.1M | 0.02% |
3,216,041
+2,701,054
| +524% | +$28.7M |
|
1015
Griffon
GFF
$4.02B
| $36M | 0.02% |
514,963
+152,602
| +42% | +$10.1M |
|
1016
Neurocrine Biosciences
NBIX
$18.2B
| $36M | 0.02% |
312,767
+125,284
| +67% | +$17.2M |
|
1017
ON Semiconductor
ON
$30.7B
| $36M | 0.02% |
495,291
+156,787
| +46% | +$11.4M |
|
1018
Maravai LifeSciences
MRVI
$972M
| $35.9M | 0.02% |
4,325,312
-1,643,280
| -28% | -$14.2M |
|
1019
CALL
Wynn Resorts
WYNN
$10.3B
| $35.9M | 0.02% |
374,800
+246,600
| +192% | +$19.8M |
|
1020
CALL
Bristol-Myers Squibb
BMY
$129B
| $35.9M | 0.02% |
693,800
+83,100
| +14% | +$3.9M |
|
1021
CALL
SLB Ltd
SLB
$72.7B
| $35.9M | 0.02% |
855,600
-335,800
| -28% | -$14.9M |
|
1022
LKQ Corp
LKQ
$6.72B
| $35.9M | 0.02% |
899,073
-337,085
| -27% | -$13.9M |
|
|
GMS
1023
DELISTED
GMS Inc
GMS
| $35.9M | 0.02% |
396,139
+381,298
| +2,569% | +$33.7M |
|
1024
CALL
ServiceNow
NOW
$120B
| $35.9M | 0.02% |
200,500
+25,500
| +15% | +$4.19M |
|
1025
Donaldson
DCI
$10.7B
| $35.8M | 0.02% |
486,288
+30,816
| +7% | +$2.23M |
|
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.