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 | |
|---|---|---|---|---|---|---|
1401
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $20.8M | 0.01% |
38,825
+36,546
| +1,604% | +$19.7M |
|
|
VGR
1402
DELISTED
Vector Group Ltd.
VGR
| $20.7M | 0.01% |
1,961,966
+717,857
| +58% | +$7.6M |
|
1403
Avis
CAR
$5.88B
| $20.7M | 0.01% |
198,097
+154,632
| +356% | +$17.3M |
|
1404
Sea Limited
SE
$65.8B
| $20.7M | 0.01% |
289,872
-12,776
| -4% | -$844K |
|
1405
NovoCure
NVCR
$1.89B
| $20.7M | 0.01% |
1,205,892
-17,470
| -1% | -$307K |
|
1406
Edgewise Therapeutics
EWTX
$4.34B
| $20.6M | 0.01% |
1,145,506
+613,251
| +115% | +$10.7M |
|
|
QXO
1407
QXO Inc
QXO
$14.8B
| $20.6M | 0.01% |
+2,219,158
| New | +$272M |
|
1408
Builders FirstSource
BLDR
$7.93B
| $20.6M | 0.01% |
148,738
-352,184
| -70% | -$59.8M |
|
1409
CALL
Okta
OKTA
$23.7B
| $20.6M | 0.01% |
219,600
+193,500
| +741% | +$18.3M |
|
1410
Tetra Tech
TTEK
$8.7B
| $20.5M | 0.01% |
502,270
-134,855
| -21% | -$5.5M |
|
1411
Tenable Holdings
TENB
$3.46B
| $20.5M | 0.01% |
470,378
-107,677
| -19% | -$4.75M |
|
|
AMK
1412
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $20.5M | 0.01% |
593,071
+378,145
| +176% | +$13M |
|
1413
CALL
Super Micro Computer
SMCI
$18.4B
| $20.5M | 0.01% |
250,000
-283,000
| -53% | -$24.2M |
|
|
SLRN
1414
DELISTED
ACELYRIN
SLRN
| $20.5M | 0.01% |
4,642,056
+628,528
| +16% | +$2.95M |
|
|
CMPS
1415
Compass Pathways
CMPS
$1.46B
| $20.4M | 0.01% |
3,382,066
+156,521
| +5% | +$1.23M |
|
1416
American Homes 4 Rent
AMH
$12.2B
| $20.4M | 0.01% |
548,980
-608,981
| -53% | -$21.9M |
|
1417
Immunocore
IMCR
$1.7B
| $20.4M | 0.01% |
600,954
+333,167
| +124% | +$17M |
|
1418
CALL
iShares Silver Trust
SLV
$27.6B
| $20.3M | 0.01% |
765,300
-297,700
| -28% | -$7.83M |
|
1419
MaxCyte
MXCT
$112M
| $20.3M | 0.01% |
5,177,953
-993,093
| -16% | -$4.27M |
|
1420
Life Time Group Holdings
LTH
$10.2B
| $20.3M | 0.01% |
1,076,386
+430,779
| +67% | +$6.81M |
|
|
GTY
1421
Getty Realty Corp
GTY
$2.12B
| $20.2M | 0.01% |
759,199
-44,424
| -6% | -$1.21M |
|
1422
Kemper
KMPR
$1.82B
| $20.2M | 0.01% |
340,948
+317,212
| +1,336% | +$18.6M |
|
1423
Toll Brothers
TOL
$14.5B
| $20.2M | 0.01% |
174,992
+46,385
| +36% | +$5.61M |
|
1424
CALL
Bank of Montreal
BMO
$127B
| $20.1M | 0.01% |
175,600
+300
| +0.2% | +$27.2K |
|
1425
NETSCOUT
NTCT
$2.89B
| $20.1M | 0.01% |
1,100,485
+868,955
| +375% | +$17.1M |
|
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.