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 | |
|---|---|---|---|---|---|---|
1551
Patterson-UTI
PTEN
$3.54B
| $18.3M | 0.01% |
+2,386,357
| New | +$22M |
|
1552
PUT
CME Group
CME
$95.4B
| $18.2M | 0.01% |
82,700
+79,200
| +2,263% | +$16.4M |
|
1553
Tennant Co
TNC
$1.44B
| $18.2M | 0.01% |
189,980
+95,263
| +101% | +$9.3M |
|
1554
CALL
Synopsys
SNPS
$71.6B
| $18.2M | 0.01% |
36,000
-30,300
| -46% | -$16.3M |
|
1555
PUT
CF Industries
CF
$19.6B
| $18.2M | 0.01% |
212,400
-81,400
| -28% | -$6.29M |
|
1556
Casella Waste Systems
CWST
$5.76B
| $18.2M | 0.01% |
182,670
+134,439
| +279% | +$13.9M |
|
1557
PUT
HP
HPQ
$26B
| $18.1M | 0.01% |
505,900
+347,900
| +220% | +$12.3M |
|
1558
PUT
Align Technology
ALGN
$12.9B
| $18M | 0.01% |
70,900
+61,800
| +679% | +$14.6M |
|
1559
Full Truck Alliance
YMM
$10B
| $18M | 0.01% |
1,993,043
+602,962
| +43% | +$4.63M |
|
1560
PUT
Invesco
IVZ
$12.4B
| $17.9M | 0.01% |
1,020,600
+20,600
| +2% | +$338K |
|
1561
PUT
Warner Bros
WBD
$64.3B
| $17.9M | 0.01% |
2,169,300
+1,474,400
| +212% | +$11.5M |
|
1562
Palantir
PLTR
$295B
| $17.9M | 0.01% |
480,883
-4,492,425
| -90% | -$138M |
|
1563
Alkami Technology
ALKT
$1.96B
| $17.9M | 0.01% |
566,557
+51,880
| +10% | +$1.64M |
|
1564
PUT
Arbor Realty Trust
ABR
$977M
| $17.9M | 0.01% |
1,147,500
+94,500
| +9% | +$1.31M |
|
|
PETQ
1565
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $17.8M | 0.01% |
578,842
+92,397
| +19% | +$2.5M |
|
1566
Modine Manufacturing
MOD
$9.46B
| $17.8M | 0.01% |
133,954
+60,183
| +82% | +$6.65M |
|
1567
PUT
Centene
CNC
$30.5B
| $17.8M | 0.01% |
236,200
+156,500
| +196% | +$11.5M |
|
1568
Repligen
RGEN
$6.91B
| $17.8M | 0.01% |
119,410
-636,708
| -84% | -$91.3M |
|
1569
Mirum Pharmaceuticals
MIRM
$6.56B
| $17.8M | 0.01% |
455,564
+190,121
| +72% | +$7.58M |
|
1570
PUT
MGM Resorts International
MGM
$11.7B
| $17.7M | 0.01% |
453,500
+24,200
| +6% | +$957K |
|
1571
Brookdale Senior Living
BKD
$3.55B
| $17.7M | 0.01% |
2,609,931
+371,393
| +17% | +$2.65M |
|
1572
Pacific Biosciences
PACB
$435M
| $17.7M | 0.01% |
10,422,578
+5,792,951
| +125% | +$9.52M |
|
|
TLN
1573
Talen Energy Corp
TLN
$15.1B
| $17.7M | 0.01% |
+99,243
| New | +$14M |
|
1574
Resideo Technologies
REZI
$5.4B
| $17.6M | 0.01% |
876,244
+497,336
| +131% | +$9.86M |
|
1575
Trinity Industries
TRN
$2.92B
| $17.6M | 0.01% |
506,283
-316,757
| -38% | -$10.2M |
|
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.