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 | |
|---|---|---|---|---|---|---|
1301
ON Semiconductor
ON
$32.8B
| $23.2M | 0.01% |
338,504
+69,325
| +26% | +$4.86M |
|
1302
iShares 7-10 Year Treasury Bond ETF
IEF
$47.4B
| $23.2M | 0.01% |
247,285
+241,054
| +3,869% | +$22.4M |
|
1303
Griffon
GFF
$4.29B
| $23.1M | 0.01% |
362,361
-96,852
| -21% | -$6.55M |
|
1304
PUT
Sony
SONY
$133B
| $23.1M | 0.01% |
1,361,500
+605,000
| +80% | +$10M |
|
1305
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$3.9B
| $23.1M | 0.01% |
389,800
-428,000
| -52% | -$26.2M |
|
1306
Vital Farms
VITL
$593M
| $23.1M | 0.01% |
494,153
+428,382
| +651% | +$14.8M |
|
1307
Bath & Body Works
BBWI
$4.13B
| $23.1M | 0.01% |
591,680
+66,174
| +13% | +$3.04M |
|
1308
CALL
Colgate-Palmolive
CL
$74.2B
| $23.1M | 0.01% |
237,800
+219,600
| +1,207% | +$20.3M |
|
1309
Kontoor Brands
KTB
$4.87B
| $23M | 0.01% |
347,325
+270,427
| +352% | +$17.7M |
|
1310
CALL
United Airlines
UAL
$40.2B
| $23M | 0.01% |
471,800
+293,800
| +165% | +$14.8M |
|
1311
Workiva
WK
$3.28B
| $22.9M | 0.01% |
313,866
-45,658
| -13% | -$3.59M |
|
1312
CALL
Boston Scientific
BSX
$68.6B
| $22.8M | 0.01% |
296,200
-142,800
| -33% | -$10.5M |
|
1313
Texas Capital Bancshares
TCBI
$4.29B
| $22.8M | 0.01% |
372,370
+221,454
| +147% | +$13.1M |
|
1314
CALL
Constellation Brands
STZ
$22.5B
| $22.7M | 0.01% |
88,400
-33,000
| -27% | -$8.49M |
|
1315
The Ensign Group
ENSG
$10.7B
| $22.7M | 0.01% |
183,813
+18,493
| +11% | +$2.2M |
|
1316
Flywire
FLYW
$2.05B
| $22.7M | 0.01% |
1,385,067
-1,334,001
| -49% | -$25.2M |
|
1317
CALL
Sherwin-Williams
SHW
$87.3B
| $22.7M | 0.01% |
75,900
+22,000
| +41% | +$6.81M |
|
1318
Hartford Financial Services
HIG
$39.3B
| $22.6M | 0.01% |
224,933
+20,760
| +10% | +$2.08M |
|
1319
Woodward
WWD
$24.5B
| $22.6M | 0.01% |
129,619
-379,990
| -75% | -$64.7M |
|
1320
PUT
BCE
BCE
$20.3B
| $22.6M | 0.01% |
510,000
+410,000
| +410% | +$13.7M |
|
1321
CALL
3M
MMM
$94.1B
| $22.6M | 0.01% |
221,100
+54,976
| +33% | +$5.36M |
|
1322
AAR Corp
AIR
$5.62B
| $22.5M | 0.01% |
310,144
+84,459
| +37% | +$5.73M |
|
1323
State Street Technology Select Sector SPDR ETF
XLK
$112B
| $22.5M | 0.01% |
199,238
-618,844
| -76% | -$65.2M |
|
1324
Liberty Energy
LBRT
$2.89B
| $22.5M | 0.01% |
1,076,541
-110,545
| -9% | -$2.47M |
|
1325
Toast
TOST
$18.7B
| $22.5M | 0.01% |
872,217
-1,107,852
| -56% | -$26.8M |
|
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.