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 |
iShares Core S&P 500 ETF
IVV
|
+$1.12B |
| 2 |
Apple
AAPL
|
+$963M |
| 3 |
Wells Fargo
WFC
|
+$647M |
| 4 |
ConocoPhillips
COP
|
+$632M |
| 5 |
UnitedHealth
UNH
|
+$490M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$963M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$907M |
| 3 |
KKR & Co
KKR
|
+$906M |
| 4 |
CRH
CRH
|
+$670M |
| 5 |
Meta Platforms (Facebook)
META
|
+$593M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.44% |
| 2 | Healthcare | 8.01% |
| 3 | Financials | 6.79% |
| 4 | Industrials | 6.22% |
| 5 | Consumer Discretionary | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Adaptive Biotechnologies
ADPT
$3.61B
| $33.5M | 0.02% |
9,262,341
+8,426,580
| +1,008% | +$26.7M |
|
1027
argenx
ARGX
$55.6B
| $33.4M | 0.02% |
77,757
-51,905
| -40% | -$19.9M |
|
|
CNH
1028
CNH Industrial
CNH
$13.7B
| $33.4M | 0.02% |
3,299,339
-9,490,146
| -74% | -$107M |
|
|
AVDX
1029
DELISTED
AvidXchange
AVDX
| $33.4M | 0.02% |
2,770,662
+246,462
| +10% | +$2.81M |
|
1030
PUT
Target
TGT
$63.7B
| $33.4M | 0.02% |
225,600
-9,500
| -4% | -$1.49M |
|
1031
TAL Education Group
TAL
$5.86B
| $33.4M | 0.02% |
3,129,301
+346,224
| +12% | +$4.09M |
|
1032
Ingredion
INGR
$6.4B
| $33.3M | 0.02% |
290,755
-406,614
| -58% | -$47M |
|
1033
Braze
BRZE
$2.65B
| $33.3M | 0.02% |
858,275
+352,417
| +70% | +$14.1M |
|
1034
Arthur J. Gallagher & Co
AJG
$65.1B
| $33.3M | 0.02% |
128,536
+98,532
| +328% | +$24.4M |
|
1035
WEC Energy
WEC
$37.1B
| $33.3M | 0.02% |
424,770
-970,073
| -70% | -$78.8M |
|
1036
CALL
NXP Semiconductors
NXPI
$67.6B
| $33.3M | 0.02% |
123,800
+81,200
| +191% | +$20.9M |
|
1037
CareDx
CDNA
$1.88B
| $33.2M | 0.02% |
2,140,909
+1,960,308
| +1,085% | +$23.7M |
|
1038
Protagonist Therapeutics
PTGX
$8.72B
| $33.2M | 0.02% |
958,283
+915,418
| +2,136% | +$26.8M |
|
1039
Halliburton
HAL
$26.8B
| $33.1M | 0.02% |
980,763
+561,493
| +134% | +$20.7M |
|
1040
Associated Banc-Corp
ASB
$5.78B
| $33.1M | 0.02% |
1,563,274
+1,163,807
| +291% | +$24.5M |
|
1041
PUT
DraftKings
DKNG
$12B
| $33.1M | 0.02% |
866,100
-117,000
| -12% | -$4.86M |
|
1042
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47.1B
| $33M | 0.02% |
359,833
-747,629
| -68% | -$68.5M |
|
1043
Arrow Electronics
ARW
$10.9B
| $32.8M | 0.02% |
271,831
-47,425
| -15% | -$6.06M |
|
1044
United Therapeutics
UTHR
$26.3B
| $32.8M | 0.02% |
103,031
+59,354
| +136% | +$15.7M |
|
1045
CALL
Duke Energy
DUK
$100B
| $32.7M | 0.02% |
326,200
-27,200
| -8% | -$2.72M |
|
1046
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $32.7M | 0.02% |
295,865
-30,801
| -9% | -$3.4M |
|
1047
Donaldson
DCI
$10.8B
| $32.6M | 0.02% |
455,472
+46,469
| +11% | +$3.41M |
|
1048
Macy's
M
$6.57B
| $32.6M | 0.02% |
1,696,574
+755,571
| +80% | +$14.4M |
|
1049
PUT
Canadian Imperial Bank of Commerce
CM
$108B
| $32.5M | 0.02% |
500,000
-1,600
| -0.3% | -$77.6K |
|
1050
Geron
GERN
$949M
| $32.4M | 0.02% |
7,650,414
+348,118
| +5% | +$1.36M |
|
Similar funds
Millennium Management's Q2 2024 Portfolio in Review
As of Q2 2024, Millennium Management held 6,803 positions worth $216B, down 7.8% from $234B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $24.5B in Q2 2024, closing 995 positions and reducing 2,549 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $907M position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 8.5% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in QXO Inc worth $20.6M.
- Millennium Management's largest Q2 2024 buy was QXO Inc: 2,219,158 shares worth $20.6M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $1.12B increase.
- Millennium Management's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $963M.
- Millennium Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $907M.
- Millennium Management's ten largest holdings make up 16% of its $216B portfolio in Q2 2024.
- Millennium Management opened 661 new positions and closed 995 in Q2 2024.
- Millennium Management's portfolio value fell 7.8% quarter-over-quarter to $216B.
Based on Millennium Management's 13F filing for Q2 2024, filed 14 Aug 2024.