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 | |
|---|---|---|---|---|---|---|
1276
Brookfield
BN
$102B
| $25M | 0.01% |
706,491
+188,173
| +36% | +$5.94M |
|
1277
PUT
Travelers Companies
TRV
$81.1B
| $25M | 0.01% |
106,900
-133,300
| -55% | -$29.4M |
|
1278
Peloton Interactive
PTON
$2.85B
| $25M | 0.01% |
5,342,480
+5,275,286
| +7,851% | +$20.7M |
|
1279
Core & Main
CNM
$7.93B
| $25M | 0.01% |
+562,982
| New | +$27M |
|
1280
Carlyle Group
CG
$16.1B
| $25M | 0.01% |
580,205
+315,273
| +119% | +$13.2M |
|
1281
CALL
Steel Dynamics
STLD
$36.2B
| $25M | 0.01% |
198,000
+182,800
| +1,203% | +$22.2M |
|
1282
Cellebrite
CLBT
$3.76B
| $24.9M | 0.01% |
1,481,228
+831,722
| +128% | +$12.3M |
|
1283
CACI
CACI
$10.8B
| $24.9M | 0.01% |
49,398
+28,735
| +139% | +$13.3M |
|
1284
Steris
STE
$22.9B
| $24.9M | 0.01% |
102,747
+72,235
| +237% | +$16.9M |
|
1285
Cullen/Frost Bankers
CFR
$10.5B
| $24.9M | 0.01% |
222,766
+182,705
| +456% | +$20M |
|
1286
State Street Energy Select Sector SPDR ETF
XLE
$39B
| $24.9M | 0.01% |
567,548
-1,480
| -0.3% | -$66.2K |
|
1287
Affiliated Managers Group
AMG
$9.51B
| $24.9M | 0.01% |
139,953
+35,656
| +34% | +$6.06M |
|
1288
Southern Copper
SCCO
$138B
| $24.9M | 0.01% |
228,480
+186,596
| +446% | +$18.4M |
|
1289
Cleveland-Cliffs
CLF
$6.49B
| $24.9M | 0.01% |
1,947,128
-1,462,090
| -43% | -$19.9M |
|
1290
PUT
GSK
GSK
$107B
| $24.9M | 0.01% |
608,100
-143,000
| -19% | -$5.85M |
|
|
ONT
1291
Onterris Inc
ONT
$731M
| $24.9M | 0.01% |
945,054
+858,767
| +995% | +$27.8M |
|
1292
Thomson Reuters
TRI
$46.4B
| $24.8M | 0.01% |
142,858
-96,906
| -40% | -$16.4M |
|
1293
CALL
Elanco Animal Health
ELAN
$13.2B
| $24.7M | 0.01% |
1,682,500
+972,500
| +137% | +$13.6M |
|
1294
Flywire
FLYW
$2.04B
| $24.7M | 0.01% |
1,507,903
+122,836
| +9% | +$2.15M |
|
1295
CALL
First Solar
FSLR
$21.4B
| $24.6M | 0.01% |
98,800
-39,000
| -28% | -$8.78M |
|
1296
Alphatec Holdings
ATEC
$1.48B
| $24.6M | 0.01% |
4,432,483
+1,034,081
| +30% | +$7.94M |
|
1297
CNO Financial Group
CNO
$4.94B
| $24.6M | 0.01% |
700,617
+211,814
| +43% | +$6.81M |
|
1298
Lantheus
LNTH
$6.51B
| $24.6M | 0.01% |
223,876
-522,976
| -70% | -$54.3M |
|
1299
First Financial Bankshares
FFIN
$5.05B
| $24.5M | 0.01% |
662,663
+485,889
| +275% | +$17.1M |
|
|
HOLX
1300
CALL
DELISTED
Hologic
HOLX
| $24.4M | 0.01% |
300,000
+220,000
| +275% | +$17.6M |
|
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.