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 | |
|---|---|---|---|---|---|---|
1326
CALL
Honda
HMC
$39.8B
| $23.8M | 0.01% |
750,000
-500,000
| -40% | -$15.9M |
|
1327
Par Pacific Holdings
PARR
$4.17B
| $23.8M | 0.01% |
1,350,795
-601,959
| -31% | -$13.4M |
|
1328
CALL
Altria Group
MO
$125B
| $23.8M | 0.01% |
465,500
-304,900
| -40% | -$15.4M |
|
1329
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.29B
| $23.8M | 0.01% |
446,200
+20,800
| +5% | +$1.06M |
|
1330
PUT
Bristol-Myers Squibb
BMY
$129B
| $23.7M | 0.01% |
458,400
+225,900
| +97% | +$10.6M |
|
1331
Klaviyo
KVYO
$5.8B
| $23.7M | 0.01% |
669,850
-450,635
| -40% | -$13.1M |
|
|
CMPS
1332
Compass Pathways
CMPS
$1.47B
| $23.7M | 0.01% |
3,756,672
+374,606
| +11% | +$2.64M |
|
1333
PUT
Enbridge
ENB
$120B
| $23.7M | 0.01% |
441,600
-698,400
| -61% | -$26.9M |
|
1334
American States Water
AWR
$3.44B
| $23.7M | 0.01% |
284,032
-156,566
| -36% | -$12.6M |
|
1335
Energizer
ENR
$1.47B
| $23.6M | 0.01% |
+743,892
| New | +$22.4M |
|
|
MRUS
1336
DELISTED
Merus
MRUS
| $23.6M | 0.01% |
472,381
+229,124
| +94% | +$12M |
|
1337
First Solar
FSLR
$21.4B
| $23.5M | 0.01% |
94,291
-116,854
| -55% | -$26.3M |
|
|
1338
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.29B
| $23.5M | 0.01% |
441,600
-233,800
| -35% | -$11.9M |
|
1339
Celsius Holdings
CELH
$7.38B
| $23.5M | 0.01% |
748,895
+631,067
| +536% | +$26.5M |
|
1340
Spire
SR
$4.79B
| $23.5M | 0.01% |
348,537
+245,733
| +239% | +$16M |
|
1341
CALL
Progressive
PGR
$128B
| $23.4M | 0.01% |
92,400
-11,600
| -11% | -$2.7M |
|
1342
Electronic Arts
EA
$52.7B
| $23.4M | 0.01% |
163,401
+11,294
| +7% | +$1.64M |
|
1343
Commercial Metals
CMC
$7.53B
| $23.4M | 0.01% |
425,813
-287,896
| -40% | -$15.6M |
|
|
UCB
1344
United Community Banks
UCB
$4.26B
| $23.4M | 0.01% |
804,737
+583,400
| +264% | +$16.7M |
|
1345
Onto Innovation
ONTO
$10.9B
| $23.4M | 0.01% |
112,552
-335,292
| -75% | -$67.7M |
|
1346
Oneok
OKE
$56.7B
| $23.3M | 0.01% |
256,222
-1,298,992
| -84% | -$113M |
|
1347
PUT
United Rentals
URI
$65.7B
| $23.3M | 0.01% |
28,800
-23,900
| -45% | -$17.2M |
|
1348
Cabot Corp
CBT
$4.72B
| $23.3M | 0.01% |
208,319
+169,748
| +440% | +$16.9M |
|
1349
Empire State Realty Trust
ESRT
$1B
| $23.3M | 0.01% |
2,101,148
+459,280
| +28% | +$4.79M |
|
1350
CALL
JD.com
JD
$43.5B
| $23.3M | 0.01% |
582,000
+129,400
| +29% | +$3.56M |
|
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.