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 | |
|---|---|---|---|---|---|---|
1651
Moelis & Co
MC
$5.08B
| $16.4M | 0.01% |
+238,817
| New | +$15.4M |
|
1652
Upstart Holdings
UPST
$2.59B
| $16.3M | 0.01% |
408,505
+146,109
| +56% | +$4.86M |
|
1653
MaxCyte
MXCT
$112M
| $16.3M | 0.01% |
4,192,865
-985,088
| -19% | -$4.15M |
|
1654
CALL
Tapestry
TPR
$30.8B
| $16.3M | 0.01% |
346,800
+337,400
| +3,589% | +$13.9M |
|
1655
PUT
Enphase Energy
ENPH
$4.94B
| $16.3M | 0.01% |
144,000
+67,400
| +88% | +$7.53M |
|
1656
Polaris
PII
$3.88B
| $16.3M | 0.01% |
195,253
-317,113
| -62% | -$25.8M |
|
1657
Ryanair
RYAAY
$31.2B
| $16.2M | 0.01% |
+359,652
| New | +$15.6M |
|
1658
CALL
LyondellBasell Industries
LYB
$19.5B
| $16.2M | 0.01% |
169,400
-123,200
| -42% | -$11.8M |
|
1659
ONE Gas
OGS
$4.9B
| $16.2M | 0.01% |
217,833
+186,084
| +586% | +$12.8M |
|
1660
Flowers Foods
FLO
$1.51B
| $16.2M | 0.01% |
701,884
-36,686
| -5% | -$833K |
|
1661
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $16.2M | 0.01% |
+165,000
| New | +$16M |
|
1662
PUT
American Tower
AMT
$81.3B
| $16.2M | 0.01% |
69,500
+16,900
| +32% | +$3.75M |
|
1663
CALL
Wayfair
W
$11.9B
| $16.2M | 0.01% |
287,500
+1,500
| +0.5% | +$72.3K |
|
1664
PUT
Take-Two Interactive
TTWO
$46.3B
| $16.1M | 0.01% |
105,000
+44,000
| +72% | +$6.68M |
|
|
BNY
1665
Bank of New York Mellon
BNY
$106B
| $16.1M | 0.01% |
224,528
-282,574
| -56% | -$18.6M |
|
1666
CALL
Atlassian
TEAM
$24.9B
| $16.1M | 0.01% |
101,500
+23,900
| +31% | +$3.93M |
|
1667
SPDR Gold Trust
GLD
$133B
| $16.1M | 0.01% |
66,309
+49,261
| +289% | +$11.3M |
|
1668
Green Plains
GPRE
$1.21B
| $16.1M | 0.01% |
1,189,089
+1,149,706
| +2,919% | +$16.8M |
|
1669
Perrigo
PRGO
$1.43B
| $16.1M | 0.01% |
613,465
+161,547
| +36% | +$4.45M |
|
1670
CALL
TC Energy
TRP
$70.9B
| $16.1M | 0.01% |
250,200
-549,800
| -69% | -$23.9M |
|
1671
PUT
Capri Holdings
CPRI
$1.82B
| $16.1M | 0.01% |
378,700
+255,400
| +207% | +$8.96M |
|
1672
CALL
Stellantis
STLA
$17B
| $16.1M | 0.01% |
1,257,500
-92,000
| -7% | -$1.56M |
|
|
GAP
1673
The Gap Inc
GAP
$7.34B
| $16.1M | 0.01% |
728,699
-1,008,248
| -58% | -$22.4M |
|
1674
Matador Resources
MTDR
$6B
| $16M | 0.01% |
324,284
-866,598
| -73% | -$48.8M |
|
1675
Vestis
VSTS
$1.93B
| $16M | 0.01% |
1,075,075
-292,829
| -21% | -$3.93M |
|
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.