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 | |
|---|---|---|---|---|---|---|
1901
CALL
UBS Group
UBS
$175B
| $12.6M | 0.01% |
444,700
+200,000
| +82% | +$6.01M |
|
1902
Arrowhead Research
ARWR
$12.3B
| $12.5M | 0.01% |
645,604
+116,353
| +22% | +$2.84M |
|
1903
Newmark Group
NMRK
$2.68B
| $12.5M | 0.01% |
803,576
-545,024
| -40% | -$7.07M |
|
1904
Diamondback Energy
FANG
$56.2B
| $12.5M | 0.01% |
72,318
-5,735
| -7% | -$1.1M |
|
|
SMAR
1905
PUT
DELISTED
Smartsheet Inc.
SMAR
| $12.5M | 0.01% |
+225,200
| New | +$10.9M |
|
1906
Enact Holdings
ACT
$6.63B
| $12.5M | 0.01% |
342,731
-296,231
| -46% | -$10.1M |
|
1907
Hyliion Holdings
HYLN
$646M
| $12.4M | 0.01% |
5,019,220
+283,612
| +6% | +$571K |
|
|
BERY
1908
DELISTED
Berry Global Group, Inc.
BERY
| $12.4M | 0.01% |
199,369
+183,402
| +1,149% | +$10.9M |
|
1909
CALL
Warner Bros
WBD
$63.9B
| $12.4M | 0.01% |
1,503,400
+897,700
| +148% | +$7.02M |
|
1910
Certara
CERT
$1.21B
| $12.4M | 0.01% |
1,058,762
+1,021,706
| +2,757% | +$13.5M |
|
1911
PUT
Las Vegas Sands
LVS
$32.3B
| $12.4M | 0.01% |
246,200
-50,300
| -17% | -$2.06M |
|
1912
GXO Logistics
GXO
$5.8B
| $12.4M | 0.01% |
237,906
-249,294
| -51% | -$12.6M |
|
1913
UWM Holdings
UWMC
$631M
| $12.4M | 0.01% |
1,449,655
+784,293
| +118% | +$6.61M |
|
1914
Simpson Manufacturing
SSD
$7.68B
| $12.3M | 0.01% |
64,413
-137,272
| -68% | -$24.7M |
|
|
OPLN
1915
Openlane
OPLN
$4.29B
| $12.3M | 0.01% |
728,957
+704,495
| +2,880% | +$12.1M |
|
|
XIFR
1916
XPLR Infrastructure LP
XIFR
$1.12B
| $12.3M | 0.01% |
444,619
+89,048
| +25% | +$2.31M |
|
1917
CALL
iShares MSCI Brazil ETF
EWZ
$9.25B
| $12.3M | 0.01% |
416,400
-855,700
| -67% | -$24.9M |
|
1918
First Financial Bancorp
FFBC
$3.55B
| $12.3M | 0.01% |
485,547
+243,360
| +100% | +$6.11M |
|
1919
Axcelis
ACLS
$3.85B
| $12.2M | 0.01% |
116,696
-97,381
| -45% | -$11.4M |
|
1920
Spectrum Brands
SPB
$2.04B
| $12.2M | 0.01% |
128,269
-424,233
| -77% | -$37.5M |
|
1921
PUT
lululemon athletica
LULU
$13.6B
| $12.2M | 0.01% |
44,900
-47,400
| -51% | -$12.6M |
|
1922
Grindr
GRND
$3.01B
| $12.1M | 0.01% |
1,017,615
+340,190
| +50% | +$4.03M |
|
1923
PENN Entertainment
PENN
$2.75B
| $12.1M | 0.01% |
642,591
-345,506
| -35% | -$6.58M |
|
1924
NuScale Power
SMR
$2.98B
| $12.1M | 0.01% |
1,045,651
-27,019
| -3% | -$276K |
|
1925
CALL
Regeneron Pharmaceuticals
REGN
$76B
| $12.1M | 0.01% |
11,500
-31,200
| -73% | -$34.7M |
|
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.