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 | |
|---|---|---|---|---|---|---|
|
SAGE
2026
DELISTED
Sage Therapeutics
SAGE
| $10.8M | 0.01% |
1,499,065
+1,265,376
| +541% | +$11.6M |
|
2027
Ezcorp Inc
EZPW
$1.83B
| $10.8M | 0.01% |
964,766
+304,992
| +46% | +$3.33M |
|
2028
PUT
Teladoc Health
TDOC
$1.21B
| $10.8M | 0.01% |
+1,177,900
| New | +$9.75M |
|
2029
CALL
Illinois Tool Works
ITW
$82.3B
| $10.8M | 0.01% |
41,200
+14,200
| +53% | +$3.49M |
|
2030
uniQure
QURE
$3.03B
| $10.8M | 0.01% |
2,189,981
+1,674,760
| +325% | +$10.9M |
|
2031
CALL
Robert Half
RHI
$3.83B
| $10.8M | 0.01% |
160,000
+155,400
| +3,378% | +$9.84M |
|
2032
Minerals Technologies
MTX
$2.4B
| $10.8M | 0.01% |
139,616
+29,824
| +27% | +$2.3M |
|
|
MRX
2033
Marex Group Limited Ordinary Shares
MRX
$4.7B
| $10.8M | 0.01% |
456,096
+39,239
| +9% | +$876K |
|
2034
Golub Capital BDC
GBDC
$3.32B
| $10.8M | 0.01% |
712,504
-74,065
| -9% | -$1.12M |
|
2035
Ethan Allen Interiors
ETD
$570M
| $10.8M | 0.01% |
337,118
+179,638
| +114% | +$5.42M |
|
2036
Vista Energy
VIST
$7.73B
| $10.7M | 0.01% |
243,322
-6,190
| -2% | -$291K |
|
|
BRFS
2037
DELISTED
BRF SA
BRFS
| $10.7M | 0.01% |
2,457,205
+614,588
| +33% | +$2.6M |
|
2038
Immunovant
IMVT
$7.84B
| $10.7M | 0.01% |
376,507
+101,155
| +37% | +$2.98M |
|
2039
Fulton Financial
FULT
$4.66B
| $10.7M | 0.01% |
591,744
-2,664,256
| -82% | -$48.5M |
|
2040
PUT
Zillow
Z
$7.68B
| $10.7M | 0.01% |
167,900
-65,500
| -28% | -$3.52M |
|
2041
Radian Group
RDN
$5.17B
| $10.7M | 0.01% |
308,934
-126,623
| -29% | -$4.38M |
|
2042
CALL
AutoZone
AZO
$49.3B
| $10.7M | 0.01% |
3,400
-1,600
| -32% | -$4.91M |
|
2043
CALL
Paychex
PAYX
$41.5B
| $10.7M | 0.01% |
79,700
+24,500
| +44% | +$3.11M |
|
2044
NetApp
NTAP
$34.9B
| $10.7M | 0.01% |
86,570
-212,157
| -71% | -$26.5M |
|
2045
Arcutis Biotherapeutics
ARQT
$3.3B
| $10.7M | 0.01% |
1,147,473
+634,777
| +124% | +$6.26M |
|
|
KLG
2046
DELISTED
WK Kellogg Co
KLG
| $10.6M | 0.01% |
621,765
+112,237
| +22% | +$1.93M |
|
2047
CALL
General Mills
GIS
$19.2B
| $10.6M | 0.01% |
143,400
+133,000
| +1,279% | +$9.21M |
|
2048
Occidental Petroleum
OXY
$55.8B
| $10.6M | 0.01% |
205,009
-215,126
| -51% | -$12.3M |
|
2049
CALL
Zscaler
ZS
$24.2B
| $10.6M | 0.01% |
61,800
-10,400
| -14% | -$1.9M |
|
2050
Petrobras Class A
PBR.A
$110B
| $10.6M | 0.01% |
800,290
+310,550
| +63% | +$4.21M |
|
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.