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 | |
|---|---|---|---|---|---|---|
1026
SPS Commerce
SPSC
$2.55B
| $35.7M | 0.02% |
184,117
+87,081
| +90% | +$17.1M |
|
1027
PUT
Rivian
RIVN
$23.6B
| $35.7M | 0.02% |
3,185,500
+1,905,100
| +149% | +$27.4M |
|
1028
Five Below
FIVE
$11.6B
| $35.4M | 0.02% |
401,013
-130,802
| -25% | -$11M |
|
1029
PUT
ResMed
RMD
$31.1B
| $35.4M | 0.02% |
145,100
-33,600
| -19% | -$7.51M |
|
1030
Jefferies Financial Group
JEF
$12.7B
| $35.4M | 0.02% |
574,697
-114,863
| -17% | -$6.52M |
|
1031
PUT
Canadian Imperial Bank of Commerce
CM
$106B
| $35.3M | 0.02% |
425,600
-74,400
| -15% | -$4.03M |
|
1032
PUT
Mondelez International
MDLZ
$83.4B
| $35.3M | 0.02% |
479,000
+370,300
| +341% | +$26M |
|
1033
Chemours
CC
$2.48B
| $35.2M | 0.02% |
1,733,725
+1,189,593
| +219% | +$24.3M |
|
1034
Stellantis
STLA
$17.4B
| $35.1M | 0.02% |
2,502,849
+1,041,811
| +71% | +$17.7M |
|
1035
CALL
Blackstone
BX
$104B
| $35M | 0.02% |
228,700
+20,400
| +10% | +$2.83M |
|
1036
SITE Centers
SITC
$236M
| $35M | 0.02% |
2,967,795
+653,847
| +28% | +$7.67M |
|
|
JWN
1037
DELISTED
Nordstrom
JWN
| $34.9M | 0.02% |
1,549,752
-136,396
| -8% | -$3.03M |
|
1038
AerCap
AER
$23.4B
| $34.8M | 0.02% |
367,819
+67,450
| +22% | +$6.32M |
|
1039
CALL
Palantir
PLTR
$295B
| $34.7M | 0.02% |
932,600
+820,100
| +729% | +$25.2M |
|
1040
FedEx
FDX
$73B
| $34.7M | 0.02% |
126,710
-583,254
| -82% | -$169M |
|
1041
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.53B
| $34.6M | 0.02% |
1,211,702
+761,700
| +169% | +$18M |
|
1042
PUT
iShares US Real Estate ETF
IYR
$4.75B
| $34.6M | 0.02% |
339,900
-18,600
| -5% | -$1.79M |
|
1043
JetBlue
JBLU
$2.13B
| $34.6M | 0.02% |
5,275,816
+5,076,976
| +2,553% | +$28.6M |
|
1044
Baytex Energy
BTE
$2.96B
| $34.6M | 0.02% |
11,642,599
+1,507,749
| +15% | +$5.13M |
|
1045
McGrath RentCorp
MGRC
$2.87B
| $34.6M | 0.02% |
328,573
+41,437
| +14% | +$4.39M |
|
1046
Tractor Supply
TSCO
$16.3B
| $34.5M | 0.02% |
592,895
+203,490
| +52% | +$10.9M |
|
1047
Generac Holdings
GNRC
$11.5B
| $34.4M | 0.02% |
216,819
-50,626
| -19% | -$7.51M |
|
1048
Federal Realty Investment Trust
FRT
$10.9B
| $34.4M | 0.02% |
298,987
-116,616
| -28% | -$13M |
|
1049
PBF Energy
PBF
$7.49B
| $34.2M | 0.02% |
1,106,577
+645,969
| +140% | +$23.5M |
|
1050
PUT
Cencora
COR
$62B
| $34.2M | 0.02% |
152,100
-28,900
| -16% | -$6.71M |
|
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.