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 | |
|---|---|---|---|---|---|---|
1201
Legend Biotech
LEGN
$3.65B
| $27.8M | 0.01% |
570,376
-1,088,305
| -66% | -$58M |
|
1202
CALL
Toronto Dominion Bank
TD
$193B
| $27.8M | 0.01% |
325,000
-238,300
| -42% | -$14.1M |
|
1203
CALL
Pfizer
PFE
$143B
| $27.7M | 0.01% |
958,700
-100,300
| -9% | -$2.93M |
|
1204
CALL
S&P Global
SPGI
$124B
| $27.7M | 0.01% |
53,700
-53,200
| -50% | -$26.3M |
|
1205
Winnebago Industries
WGO
$900M
| $27.7M | 0.01% |
476,221
+265,717
| +126% | +$15.2M |
|
1206
Ardelyx
ARDX
$1.24B
| $27.6M | 0.01% |
4,011,880
+808,790
| +25% | +$4.77M |
|
1207
Churchill Downs
CHDN
$6.17B
| $27.6M | 0.01% |
204,351
-65,584
| -24% | -$9.07M |
|
|
HAPN
1208
Happen Inc
HAPN
$2.14B
| $27.6M | 0.01% |
2,417,123
+1,606,751
| +198% | +$17.2M |
|
1209
Crane Co
CR
$11.9B
| $27.6M | 0.01% |
174,522
+137,418
| +370% | +$20.7M |
|
1210
Fulgent Genetics
FLGT
$558M
| $27.6M | 0.01% |
1,270,649
+311,797
| +33% | +$6.97M |
|
1211
PUT
UBS Group
UBS
$170B
| $27.6M | 0.01% |
1,059,100
+335,500
| +46% | +$10.1M |
|
|
FYBR
1212
DELISTED
Frontier Communications
FYBR
| $27.6M | 0.01% |
776,638
+614,968
| +380% | +$18.5M |
|
1213
Prosperity Bancshares
PB
$8.9B
| $27.5M | 0.01% |
382,010
+266,925
| +232% | +$18.7M |
|
1214
Southwest Airlines
LUV
$21.7B
| $27.5M | 0.01% |
927,912
+507,727
| +121% | +$14.1M |
|
1215
CALL
Trip.com Group
TCOM
$29B
| $27.5M | 0.01% |
462,600
+229,300
| +98% | +$10.6M |
|
1216
Erie Indemnity
ERIE
$13B
| $27.5M | 0.01% |
50,885
+40,304
| +381% | +$18.3M |
|
1217
CALL
Oneok
OKE
$56.7B
| $27.5M | 0.01% |
301,400
+11,600
| +4% | +$1.01M |
|
1218
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.72B
| $27.4M | 0.01% |
613,166
+598,578
| +4,103% | +$25.2M |
|
1219
Universal Display
OLED
$3.75B
| $27.4M | 0.01% |
130,433
-45,954
| -26% | -$9.31M |
|
|
ATXS
1220
DELISTED
Astria Therapeutics
ATXS
| $27.4M | 0.01% |
2,486,186
+644,123
| +35% | +$7.16M |
|
|
EDR
1221
PUT
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $27.3M | 0.01% |
955,700
-71,300
| -7% | -$1.96M |
|
1222
PUT
Diamondback Energy
FANG
$56B
| $27.2M | 0.01% |
158,000
-32,700
| -17% | -$6.3M |
|
1223
Murphy USA
MUSA
$11.4B
| $27.2M | 0.01% |
55,096
+43,246
| +365% | +$21.7M |
|
1224
CALL
Mondelez International
MDLZ
$82.9B
| $27.2M | 0.01% |
368,600
-19,600
| -5% | -$1.38M |
|
|
EVRI
1225
DELISTED
Everi Holdings
EVRI
| $27.1M | 0.01% |
2,065,925
+1,823,702
| +753% | +$21.5M |
|
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.