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 | |
|---|---|---|---|---|---|---|
1226
Coty
COTY
$2.4B
| $27.1M | 0.01% |
2,890,274
+1,943,335
| +205% | +$18.5M |
|
1227
Monro
MNRO
$414M
| $27.1M | 0.01% |
938,954
-200,229
| -18% | -$5.18M |
|
1228
State Street SPDR Dow Jones REIT ETF
RWR
$1.9B
| $27.1M | 0.01% |
253,771
+99,922
| +65% | +$10.1M |
|
1229
Tenable Holdings
TENB
$3.47B
| $27.1M | 0.01% |
668,408
+198,030
| +42% | +$8.26M |
|
1230
CALL
Arista Networks
ANET
$199B
| $27.1M | 0.01% |
282,000
+91,600
| +48% | +$7.98M |
|
|
SLRN
1231
DELISTED
ACELYRIN
SLRN
| $27.1M | 0.01% |
5,487,172
+845,116
| +18% | +$4.36M |
|
|
BECN
1232
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $26.8M | 0.01% |
310,398
-142,389
| -31% | -$12.7M |
|
1233
Sonic Automotive
SAH
$3.56B
| $26.8M | 0.01% |
458,142
+1,554
| +0.3% | +$89.6K |
|
1234
Summit Therapeutics
SMMT
$10.2B
| $26.8M | 0.01% |
1,222,346
-720,512
| -37% | -$10.1M |
|
1235
Quanterix
QTRX
$159M
| $26.7M | 0.01% |
2,062,132
+1,227,285
| +147% | +$16.4M |
|
1236
Advance Auto Parts
AAP
$3.53B
| $26.7M | 0.01% |
684,648
+579,674
| +552% | +$30.7M |
|
1237
CALL
Snap
SNAP
$7.96B
| $26.6M | 0.01% |
2,486,800
+1,507,500
| +154% | +$17.2M |
|
1238
CrowdStrike
CRWD
$183B
| $26.6M | 0.01% |
379,364
+230,128
| +154% | +$16.3M |
|
1239
CALL
Applovin
APP
$134B
| $26.4M | 0.01% |
202,400
+148,200
| +273% | +$13.5M |
|
1240
Edgewise Therapeutics
EWTX
$4.28B
| $26.3M | 0.01% |
987,030
-158,476
| -14% | -$3.15M |
|
1241
Darden Restaurants
DRI
$24.3B
| $26.3M | 0.01% |
160,334
-780,914
| -83% | -$118M |
|
1242
Open Text
OTEX
$6.28B
| $26.3M | 0.01% |
789,672
+761,485
| +2,702% | +$24M |
|
1243
PUT
Edwards Lifesciences
EW
$49.4B
| $26.3M | 0.01% |
397,800
+139,500
| +54% | +$10.1M |
|
1244
PUT
Sony
SONY
$137B
| $26.2M | 0.01% |
1,357,000
-4,500
| -0.3% | -$82K |
|
1245
PUT
DexCom
DXCM
$29B
| $26.2M | 0.01% |
390,800
+354,500
| +977% | +$29.1M |
|
1246
FIVE9
FIVN
$2.08B
| $26.2M | 0.01% |
910,795
+578,161
| +174% | +$20.9M |
|
1247
Bath & Body Works
BBWI
$3.97B
| $26.2M | 0.01% |
819,453
+227,773
| +38% | +$7.55M |
|
1248
Seadrill
SDRL
$2.59B
| $26.1M | 0.01% |
657,278
-649,283
| -50% | -$29.9M |
|
1249
State Street Technology Select Sector SPDR ETF
XLK
$109B
| $26M | 0.01% |
230,692
+31,454
| +16% | +$3.45M |
|
1250
Warner Music
WMG
$15.2B
| $25.9M | 0.01% |
828,899
-449,803
| -35% | -$13.3M |
|
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.