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 | |
|---|---|---|---|---|---|---|
1626
CALL
Royal Bank of Canada
RY
$292B
| $16.9M | 0.01% |
100,000
-525,500
| -84% | -$60.3M |
|
1627
ScottsMiracle-Gro
SMG
$3.97B
| $16.9M | 0.01% |
194,514
-620,857
| -76% | -$43.6M |
|
1628
OFG Bancorp
OFG
$2.22B
| $16.9M | 0.01% |
375,235
-24,571
| -6% | -$1.06M |
|
1629
Dollar General
DG
$28.1B
| $16.8M | 0.01% |
199,212
+138,682
| +229% | +$15.2M |
|
1630
Omnicell
OMCL
$1.69B
| $16.8M | 0.01% |
386,231
+289,227
| +298% | +$10.9M |
|
1631
CALL
Devon Energy
DVN
$50.9B
| $16.8M | 0.01% |
430,000
-157,000
| -27% | -$6.91M |
|
1632
Unity
U
$14.6B
| $16.8M | 0.01% |
743,608
+170,094
| +30% | +$2.94M |
|
1633
AGNC Investment
AGNC
$12.7B
| $16.8M | 0.01% |
1,607,086
+897,415
| +126% | +$9.12M |
|
1634
Harmony Gold Mining
HMY
$10.1B
| $16.8M | 0.01% |
1,652,442
+1,390,393
| +531% | +$13.6M |
|
1635
Sunstone Hotel Investors
SHO
$2.18B
| $16.7M | 0.01% |
1,622,723
-144,913
| -8% | -$1.48M |
|
1636
CALL
Boston Scientific
BSX
$68.4B
| $16.7M | 0.01% |
199,700
-96,500
| -33% | -$7.61M |
|
|
NEE.PRS
1637
NextEra Energy 7.299% Corporate Units
NEE.PRS
$2.15B
| $16.7M | 0.01% |
300,000
-1,000,000
| -77% | -$52.6M |
|
1638
Trex
TREX
$4.56B
| $16.7M | 0.01% |
250,971
+44,765
| +22% | +$3.14M |
|
1639
Evolus
EOLS
$396M
| $16.7M | 0.01% |
1,029,670
+130,293
| +14% | +$1.82M |
|
1640
Zeta Global
ZETA
$5.33B
| $16.7M | 0.01% |
559,185
-630,110
| -53% | -$14.8M |
|
1641
Tencent Music
TME
$15.5B
| $16.6M | 0.01% |
1,376,446
+935,511
| +212% | +$11.5M |
|
1642
PUT
Carnival Corporation Ltd
CCL
$38B
| $16.6M | 0.01% |
895,600
-252,700
| -22% | -$4.28M |
|
1643
Napco Security Technologies
NSSC
$1.3B
| $16.5M | 0.01% |
408,724
+340,749
| +501% | +$16.7M |
|
|
DVAX
1644
DELISTED
Dynavax Technologies
DVAX
| $16.5M | 0.01% |
1,482,952
-85,601
| -5% | -$944K |
|
1645
CALL
American Express
AXP
$228B
| $16.5M | 0.01% |
60,900
-100,900
| -62% | -$25.1M |
|
1646
Kura Oncology
KURA
$826M
| $16.5M | 0.01% |
845,194
+505,712
| +149% | +$10.2M |
|
1647
CALL
United Rentals
URI
$66.5B
| $16.4M | 0.01% |
20,300
-2,100
| -9% | -$1.51M |
|
1648
SLM Corp
SLM
$4.86B
| $16.4M | 0.01% |
718,551
-1,648,091
| -70% | -$35.5M |
|
1649
CALL
Ross Stores
ROST
$81B
| $16.4M | 0.01% |
109,000
+18,600
| +21% | +$2.74M |
|
1650
Woodward
WWD
$21.2B
| $16.4M | 0.01% |
95,524
-34,095
| -26% | -$5.68M |
|
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.