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 | |
|---|---|---|---|---|---|---|
1951
Clear Channel Outdoor Holdings
CCO
$1.22B
| $10.3M | ﹤0.01% |
7,332,360
+2,242,205
| +44% | +$3.31M |
|
1952
Arcos Dorados Holdings
ARCO
$1.74B
| $10.3M | ﹤0.01% |
1,147,540
-442,370
| -28% | -$4.55M |
|
1953
CubeSmart
CUBE
$9.61B
| $10.3M | ﹤0.01% |
228,483
-464,268
| -67% | -$20M |
|
1954
Puma Biotechnology
PBYI
$398M
| $10.3M | ﹤0.01% |
3,162,533
-4,930
| -0.2% | -$21.6K |
|
1955
NorthWestern Energy
NWE
$4.34B
| $10.3M | ﹤0.01% |
205,450
-29,353
| -13% | -$1.48M |
|
|
TELL
1956
DELISTED
Tellurian Inc.
TELL
| $10.3M | ﹤0.01% |
14,833,537
+9,430,606
| +175% | +$5.22M |
|
1957
CALL
Elanco Animal Health
ELAN
$13.2B
| $10.2M | ﹤0.01% |
+710,000
| New | +$11.3M |
|
1958
Medifast
MED
$107M
| $10.2M | ﹤0.01% |
469,216
+168,719
| +56% | +$4.5M |
|
1959
PUT
American Tower
AMT
$83.5B
| $10.2M | ﹤0.01% |
52,600
-9,700
| -16% | -$1.81M |
|
1960
VanEck Oil Services ETF
OIH
$1.97B
| $10.2M | ﹤0.01% |
32,329
+5,651
| +21% | +$1.81M |
|
1961
PUT
Ross Stores
ROST
$80.8B
| $10.2M | ﹤0.01% |
70,300
-113,000
| -62% | -$15.6M |
|
1962
Expedia Group
EXPE
$36.5B
| $10.2M | ﹤0.01% |
81,063
-200,978
| -71% | -$24.8M |
|
1963
CALL
Inspire Medical Systems
INSP
$1.47B
| $10.2M | ﹤0.01% |
76,300
+14,200
| +23% | +$2.69M |
|
1964
MP Materials
MP
$6.78B
| $10.2M | ﹤0.01% |
801,328
+648,838
| +425% | +$10.2M |
|
1965
Quanta Services
PWR
$84.2B
| $10.2M | ﹤0.01% |
40,081
-62,075
| -61% | -$16.4M |
|
|
NFBK
1966
DELISTED
Northfield Bancorp
NFBK
| $10.2M | ﹤0.01% |
1,074,151
+964,286
| +878% | +$8.45M |
|
1967
PUT
Wayfair
W
$11.8B
| $10.2M | ﹤0.01% |
193,100
+41,100
| +27% | +$2.44M |
|
1968
Warrior Met Coal
HCC
$4.17B
| $10.2M | ﹤0.01% |
162,048
-65,176
| -29% | -$4.22M |
|
|
AXIA
1969
AXIA Energia
AXIA
$22.9B
| $10.2M | ﹤0.01% |
1,996,461
+1,389,416
| +229% | +$7.95M |
|
1970
PUT
Kroger
KR
$36.7B
| $10.2M | ﹤0.01% |
203,400
+106,200
| +109% | +$5.72M |
|
1971
Graco
GGG
$13.2B
| $10.2M | ﹤0.01% |
128,076
+38,853
| +44% | +$3.25M |
|
|
TRTX
1972
TPG RE Finance Trust
TRTX
$635M
| $10.1M | ﹤0.01% |
1,174,646
+273,086
| +30% | +$2.24M |
|
1973
HealthStream
HSTM
$863M
| $10.1M | ﹤0.01% |
363,430
-2,689
| -0.7% | -$71.7K |
|
1974
Petco
WOOF
$797M
| $10.1M | ﹤0.01% |
2,679,132
+1,876,233
| +234% | +$4.79M |
|
1975
Insperity
NSP
$2.03B
| $10.1M | ﹤0.01% |
110,664
-144,262
| -57% | -$14.6M |
|
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.