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 | |
|---|---|---|---|---|---|---|
1151
Applied Materials
AMAT
$347B
| $29.7M | 0.01% |
146,907
-466,697
| -76% | -$95.7M |
|
1152
American Homes 4 Rent
AMH
$12.1B
| $29.6M | 0.01% |
772,280
+223,300
| +41% | +$8.52M |
|
1153
Wabtec
WAB
$49.3B
| $29.6M | 0.01% |
162,865
-586,919
| -78% | -$96.3M |
|
1154
CALL
Shopify
SHOP
$168B
| $29.6M | 0.01% |
368,900
+253,700
| +220% | +$17.5M |
|
1155
Compañía de Minas Buenaventura
BVN
$7.68B
| $29.5M | 0.01% |
2,134,572
+1,919,776
| +894% | +$27.8M |
|
1156
Alpha Metallurgical Resources
AMR
$1.77B
| $29.4M | 0.01% |
124,631
+115,705
| +1,296% | +$29.6M |
|
1157
Illinois Tool Works
ITW
$84.1B
| $29.4M | 0.01% |
112,273
-357,937
| -76% | -$88.1M |
|
1158
Simmons First National
SFNC
$3.39B
| $29.4M | 0.01% |
1,364,535
+1,303,889
| +2,150% | +$26.5M |
|
|
AD
1159
Array Digital Infrastructure
AD
$3.04B
| $29.2M | 0.01% |
534,428
-358,215
| -40% | -$19.6M |
|
1160
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.53B
| $29.1M | 0.01% |
1,018,100
+612,700
| +151% | +$14.5M |
|
|
TGNA
1161
DELISTED
TEGNA Inc
TGNA
| $29.1M | 0.01% |
1,841,685
+910,963
| +98% | +$13.3M |
|
1162
Campbell Soup
CPB
$6.85B
| $29M | 0.01% |
593,542
+581,119
| +4,678% | +$28.3M |
|
1163
Petco
WOOF
$797M
| $29M | 0.01% |
6,368,988
+3,689,856
| +138% | +$12.5M |
|
1164
PUT
Synopsys
SNPS
$71.6B
| $29M | 0.01% |
57,200
+24,800
| +77% | +$13.3M |
|
1165
Addus HomeCare
ADUS
$2.22B
| $29M | 0.01% |
217,707
-98,711
| -31% | -$12.5M |
|
1166
CALL
Freeport-McMoran
FCX
$86.2B
| $28.9M | 0.01% |
579,300
-393,900
| -40% | -$17.8M |
|
1167
PennyMac Financial
PFSI
$4.47B
| $28.9M | 0.01% |
253,618
+4,581
| +2% | +$469K |
|
1168
Credo Technology Group
CRDO
$33.1B
| $28.9M | 0.01% |
937,008
-533,962
| -36% | -$15.9M |
|
1169
Analog Devices
ADI
$172B
| $28.8M | 0.01% |
125,130
-92,918
| -43% | -$20.9M |
|
1170
United Airlines
UAL
$38.8B
| $28.8M | 0.01% |
504,415
-88,790
| -15% | -$4.11M |
|
1171
CALL
TJX Companies
TJX
$179B
| $28.7M | 0.01% |
244,200
-113,500
| -32% | -$13M |
|
1172
IAMGOLD
IAG
$8.05B
| $28.7M | 0.01% |
5,483,940
-2,400,604
| -30% | -$11.1M |
|
1173
PUT
Hewlett Packard
HPE
$58.8B
| $28.7M | 0.01% |
1,401,000
+851,100
| +155% | +$16.3M |
|
1174
Arrow Electronics
ARW
$10.5B
| $28.6M | 0.01% |
215,595
-56,236
| -21% | -$7.13M |
|
1175
Grocery Outlet
GO
$904M
| $28.6M | 0.01% |
1,629,218
-352,340
| -18% | -$6.67M |
|
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.