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 | |
|---|---|---|---|---|---|---|
1051
Group 1 Automotive
GPI
$4.01B
| $32.3M | 0.02% |
108,692
-109,432
| -50% | -$32.4M |
|
1052
CALL
Dollar General
DG
$27.2B
| $32.3M | 0.02% |
244,200
-61,700
| -20% | -$8.62M |
|
1053
Public Storage
PSA
$60.5B
| $32.2M | 0.01% |
111,881
-50,729
| -31% | -$14M |
|
1054
GoodRx Holdings
GDRX
$1.03B
| $32.2M | 0.01% |
4,121,939
+1,132,758
| +38% | +$8.39M |
|
1055
PUT
Spotify
SPOT
$102B
| $32.1M | 0.01% |
102,300
+24,300
| +31% | +$7.32M |
|
1056
CALL
GSK
GSK
$104B
| $32.1M | 0.01% |
832,900
+280,900
| +51% | +$11.8M |
|
|
AXON
1057
Axon Enterprise
AXON
$42.4B
| $32.1M | 0.01% |
108,972
+20,162
| +23% | +$6.02M |
|
1058
Ametek
AME
$55.7B
| $32M | 0.01% |
192,231
-410,477
| -68% | -$70.9M |
|
1059
EastGroup Properties
EGP
$11.3B
| $32M | 0.01% |
188,336
+125,991
| +202% | +$20.8M |
|
1060
American States Water
AWR
$3.37B
| $32M | 0.01% |
440,598
+296,361
| +205% | +$21.4M |
|
1061
Okta
OKTA
$23.9B
| $32M | 0.01% |
341,473
-400,487
| -54% | -$37.9M |
|
1062
Federated Hermes
FHI
$4.5B
| $31.9M | 0.01% |
969,844
+10,552
| +1% | +$354K |
|
1063
FirstService
FSV
$6.45B
| $31.9M | 0.01% |
209,297
+199,937
| +2,136% | +$30.2M |
|
1064
Prudential Financial
PRU
$42.3B
| $31.8M | 0.01% |
271,352
-177,894
| -40% | -$20.5M |
|
1065
Altria Group
MO
$122B
| $31.7M | 0.01% |
696,601
-186,088
| -21% | -$8.26M |
|
1066
CALL
Celsius Holdings
CELH
$7.36B
| $31.6M | 0.01% |
553,700
+444,300
| +406% | +$33.6M |
|
|
HTLF
1067
DELISTED
Heartland Financial USA, Inc.
HTLF
| $31.6M | 0.01% |
710,923
+681,412
| +2,309% | +$27.6M |
|
1068
American Healthcare REIT
AHR
$11.1B
| $31.5M | 0.01% |
2,157,865
-588,373
| -21% | -$8.31M |
|
1069
PUT
iShares US Real Estate ETF
IYR
$4.73B
| $31.5M | 0.01% |
358,500
+310,900
| +653% | +$26.7M |
|
1070
Matsons
MATX
$6.22B
| $31.4M | 0.01% |
240,117
+134,092
| +126% | +$15.6M |
|
1071
Dick's Sporting Goods
DKS
$18.4B
| $31.3M | 0.01% |
145,915
+137,095
| +1,554% | +$28.6M |
|
1072
Yeti Holdings
YETI
$3.86B
| $31.2M | 0.01% |
817,366
+289,298
| +55% | +$11.3M |
|
1073
NVR
NVR
$16.9B
| $31.1M | 0.01% |
4,104
-2,513
| -38% | -$19.2M |
|
1074
CALL
Sony
SONY
$131B
| $31.1M | 0.01% |
1,833,000
-672,000
| -27% | -$11.1M |
|
1075
Crocs
CROX
$6.69B
| $31.1M | 0.01% |
213,201
-299,379
| -58% | -$42M |
|
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.