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 | |
|---|---|---|---|---|---|---|
1701
Hubbell
HUBB
$24.4B
| $14.3M | 0.01% |
39,036
-175,545
| -82% | -$68.9M |
|
1702
PUT
Super Micro Computer
SMCI
$16.6B
| $14.3M | 0.01% |
174,000
-777,000
| -82% | -$66.4M |
|
1703
Howard Hughes
HHH
$3.94B
| $14.2M | 0.01% |
230,477
-55,891
| -20% | -$3.5M |
|
1704
Valmont Industries
VMI
$8.86B
| $14.2M | 0.01% |
51,855
-99,525
| -66% | -$24.3M |
|
1705
PUT
AES
AES
$10.6B
| $14.2M | 0.01% |
809,300
-97,300
| -11% | -$1.85M |
|
1706
Fox Factory Holding Corp
FOXF
$794M
| $14.2M | 0.01% |
294,959
-74,220
| -20% | -$3.36M |
|
1707
Reynolds Consumer Products
REYN
$5.42B
| $14.2M | 0.01% |
506,370
-183,989
| -27% | -$5.24M |
|
1708
AMN Healthcare
AMN
$1.35B
| $14.2M | 0.01% |
276,421
-83,177
| -23% | -$4.71M |
|
1709
Array Technologies
ARRY
$740M
| $14.1M | 0.01% |
1,375,941
+884,778
| +180% | +$11.2M |
|
1710
Marriott Vacations Worldwide
VAC
$3.53B
| $14.1M | 0.01% |
161,539
-263,294
| -62% | -$25M |
|
1711
CALL
Marathon Petroleum
MPC
$90.1B
| $14.1M | 0.01% |
81,200
-138,600
| -63% | -$25.8M |
|
1712
MacroGenics
MGNX
$233M
| $14.1M | 0.01% |
3,312,672
+3,219,977
| +3,474% | +$31.4M |
|
1713
Unifirst Corp
UNF
$5.45B
| $14.1M | 0.01% |
82,017
-11,202
| -12% | -$1.81M |
|
1714
CALL
Dell
DELL
$239B
| $14M | 0.01% |
101,800
-184,900
| -64% | -$24.8M |
|
1715
Charter Communications
CHTR
$17.3B
| $14M | 0.01% |
46,906
-41,870
| -47% | -$11.4M |
|
|
NOVA
1716
DELISTED
Sunnova Energy
NOVA
| $14M | 0.01% |
2,509,214
+2,031,072
| +425% | +$9.66M |
|
1717
PUT
iShares MSCI Brazil ETF
EWZ
$8.98B
| $14M | 0.01% |
511,700
-102,300
| -17% | -$3.1M |
|
1718
CALL
Arthur J. Gallagher & Co
AJG
$69.1B
| $14M | 0.01% |
53,800
+4,300
| +9% | +$1.07M |
|
1719
Knife River
KNF
$4.33B
| $13.9M | 0.01% |
198,454
-53,577
| -21% | -$4M |
|
1720
Urban Edge Properties
UE
$2.9B
| $13.9M | 0.01% |
753,089
-139,521
| -16% | -$2.4M |
|
|
DMC
1721
Del Monte Corp
DMC
$1.42B
| $13.9M | 0.01% |
636,423
+94,854
| +18% | +$2.28M |
|
1722
CALL
Zscaler
ZS
$24.9B
| $13.9M | 0.01% |
72,200
-67,400
| -48% | -$12M |
|
1723
Liberty Live Group Series C
LLYVK
$9.54B
| $13.9M | 0.01% |
362,474
+249,746
| +222% | +$9.68M |
|
1724
AvalonBay Communities
AVB
$27.5B
| $13.8M | 0.01% |
66,884
-18,060
| -21% | -$3.49M |
|
1725
Blue Bird Corp
BLBD
$2.29B
| $13.8M | 0.01% |
256,933
+206,966
| +414% | +$9.53M |
|
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.