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 | |
|---|---|---|---|---|---|---|
1451
Valley National Bancorp
VLY
$8.01B
| $19.4M | 0.01% |
2,775,698
+2,522,204
| +995% | +$18.4M |
|
1452
Park Hotels & Resorts
PK
$3.06B
| $19.4M | 0.01% |
1,292,007
-75,018
| -5% | -$1.2M |
|
1453
Zurn Elkay Water Solutions
ZWS
$8.23B
| $19.3M | 0.01% |
657,981
+125,945
| +24% | +$3.97M |
|
1454
CALL
Arm
ARM
$261B
| $19.3M | 0.01% |
118,200
+31,900
| +37% | +$3.97M |
|
1455
Neogen
NEOG
$2B
| $19.3M | 0.01% |
+1,237,213
| New | +$17.2M |
|
1456
PUT
Synopsys
SNPS
$73.5B
| $19.3M | 0.01% |
32,400
+16,000
| +98% | +$9.05M |
|
1457
EPR Properties
EPR
$4.92B
| $19.3M | 0.01% |
458,764
-49,985
| -10% | -$2.06M |
|
1458
PUT
argenx
ARGX
$54.6B
| $19.2M | 0.01% |
44,700
+20,200
| +82% | +$7.73M |
|
1459
Tyson Foods
TSN
$21.5B
| $19.2M | 0.01% |
336,034
-2,186,262
| -87% | -$128M |
|
1460
PUT
Quanta Services
PWR
$88.3B
| $19.2M | 0.01% |
75,400
-12,500
| -14% | -$3.31M |
|
1461
PUT
UBS Group
UBS
$171B
| $19.1M | 0.01% |
723,600
+543,800
| +302% | +$16.2M |
|
1462
PENN Entertainment
PENN
$2.82B
| $19.1M | 0.01% |
988,097
-1,174,229
| -54% | -$19.9M |
|
1463
PUT
SoFi Technologies
SOFI
$21.5B
| $19.1M | 0.01% |
2,892,100
+78,100
| +3% | +$551K |
|
1464
Commerce Bancshares
CBSH
$8.64B
| $19.1M | 0.01% |
377,148
+236,577
| +168% | +$11.7M |
|
1465
PUT
MGM Resorts International
MGM
$11.8B
| $19.1M | 0.01% |
429,300
-105,400
| -20% | -$4.41M |
|
1466
PUT
Constellation Brands
STZ
$22.5B
| $19.1M | 0.01% |
74,100
-3,800
| -5% | -$977K |
|
1467
Westlake Corp
WLK
$9.25B
| $19.1M | 0.01% |
131,616
+35,331
| +37% | +$5.43M |
|
1468
Akamai
AKAM
$16.3B
| $19.1M | 0.01% |
211,554
+124,080
| +142% | +$12M |
|
1469
Service Corp International
SCI
$11.7B
| $19.1M | 0.01% |
267,860
+231,980
| +647% | +$16.5M |
|
1470
PUT
Pembina Pipeline
PBA
$29B
| $19M | 0.01% |
375,000
+125,000
| +50% | +$4.52M |
|
1471
CALL
Autodesk
ADSK
$50.1B
| $19M | 0.01% |
76,800
+2,600
| +4% | +$584K |
|
1472
Penumbra
PEN
$12.6B
| $18.9M | 0.01% |
105,171
+11,055
| +12% | +$2.21M |
|
|
VERV
1473
DELISTED
Verve Therapeutics
VERV
| $18.9M | 0.01% |
3,870,840
+3,256,410
| +530% | +$20.5M |
|
1474
CALL
International Paper
IP
$23.3B
| $18.9M | 0.01% |
437,200
+413,900
| +1,776% | +$16.8M |
|
1475
CALL
Trade Desk
TTD
$8.89B
| $18.9M | 0.01% |
193,000
-175,100
| -48% | -$15.8M |
|
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.