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 | |
|---|---|---|---|---|---|---|
1576
Hain Celestial
HAIN
$44.4M
| $17.6M | 0.01% |
2,042,698
-592,020
| -22% | -$4.43M |
|
1577
PUT
Logitech
LOGI
$14.6B
| $17.6M | 0.01% |
231,500
+19,300
| +9% | +$1.72M |
|
1578
On Holding
ONON
$12.4B
| $17.6M | 0.01% |
350,899
+274,510
| +359% | +$11.8M |
|
1579
Transmedics
TMDX
$2.63B
| $17.6M | 0.01% |
111,837
+37,223
| +50% | +$5.74M |
|
1580
CALL
Live Nation Entertainment
LYV
$42.7B
| $17.6M | 0.01% |
160,300
-69,800
| -30% | -$6.75M |
|
1581
CALL
Southern Company
SO
$106B
| $17.5M | 0.01% |
194,500
-177,400
| -48% | -$15.2M |
|
1582
PUT
Ross Stores
ROST
$81B
| $17.5M | 0.01% |
116,400
+46,100
| +66% | +$6.8M |
|
1583
Revvity
RVTY
$12.7B
| $17.5M | 0.01% |
137,056
-524,411
| -79% | -$61.7M |
|
1584
CALL
Intercontinental Exchange
ICE
$88.4B
| $17.5M | 0.01% |
108,900
-117,900
| -52% | -$18.2M |
|
1585
Kinsale Capital Group
KNSL
$8.11B
| $17.5M | 0.01% |
37,510
+13,045
| +53% | +$5.77M |
|
1586
Pampa Energía
PAM
$4.77B
| $17.5M | 0.01% |
290,687
-337,835
| -54% | -$17.3M |
|
1587
PUT
Microchip Technology
MCHP
$40.7B
| $17.4M | 0.01% |
217,200
+178,600
| +463% | +$14.7M |
|
1588
Melco Resorts & Entertainment
MLCO
$2.24B
| $17.4M | 0.01% |
2,238,176
+1,989,346
| +799% | +$11.7M |
|
1589
Cogent Biosciences
COGT
$7.07B
| $17.4M | 0.01% |
1,613,616
+381,759
| +31% | +$3.72M |
|
1590
Knife River
KNF
$4.15B
| $17.4M | 0.01% |
194,948
-3,506
| -2% | -$274K |
|
1591
Kennametal
KMT
$2.54B
| $17.4M | 0.01% |
672,034
+517,975
| +336% | +$12.9M |
|
1592
Fortuna Silver Mines
FSM
$2.66B
| $17.4M | 0.01% |
3,755,092
+2,203,425
| +142% | +$10.4M |
|
1593
AngioDynamics
ANGO
$610M
| $17.4M | 0.01% |
2,235,452
+441,998
| +25% | +$3.19M |
|
1594
PUT
Paycom
PAYC
$7.53B
| $17.4M | 0.01% |
104,200
-52,300
| -33% | -$8.37M |
|
1595
CALL
Enphase Energy
ENPH
$4.94B
| $17.3M | 0.01% |
153,300
+102,100
| +199% | +$11.4M |
|
1596
Northern Trust
NTRS
$22.4B
| $17.3M | 0.01% |
192,030
-144,872
| -43% | -$12.7M |
|
1597
XPO
XPO
$23.4B
| $17.3M | 0.01% |
160,673
-709,855
| -82% | -$79.4M |
|
1598
Cirrus Logic
CRUS
$6.65B
| $17.3M | 0.01% |
139,040
-6,075
| -4% | -$804K |
|
1599
UiPath
PATH
$6.41B
| $17.3M | 0.01% |
+1,349,220
| New | +$16.5M |
|
1600
Ionis Pharmaceuticals
IONS
$8.81B
| $17.3M | 0.01% |
430,723
+302,508
| +236% | +$14.1M |
|
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.