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 | |
|---|---|---|---|---|---|---|
|
P
2051
Everpure Inc
P
$25.5B
| $10.5M | 0.01% |
209,484
-75,249
| -26% | -$4.25M |
|
|
UCTT
2052
Ultra Clean Holdings
UCTT
$3.83B
| $10.5M | 0.01% |
262,996
+250,086
| +1,937% | +$10.3M |
|
2053
PUT
Mettler-Toledo International
MTD
$28.3B
| $10.5M | 0.01% |
+7,000
| New | +$9.83M |
|
2054
CALL
Fair Isaac
FICO
$23.9B
| $10.5M | 0.01% |
5,400
-3,200
| -37% | -$5.48M |
|
2055
Worthington Enterprises
WOR
$2.75B
| $10.4M | 0.01% |
251,884
+240,927
| +2,199% | +$11M |
|
2056
PUT
Canadian Natural Resources
CNQ
$99.6B
| $10.4M | ﹤0.01% |
243,000
-416,200
| -63% | -$14.5M |
|
2057
MannKind Corp
MNKD
$1.21B
| $10.4M | ﹤0.01% |
1,650,950
-3,093,569
| -65% | -$17.8M |
|
2058
Live Oak Bancshares
LOB
$1.97B
| $10.4M | ﹤0.01% |
218,731
-271,057
| -55% | -$11.3M |
|
2059
Brookfield Renewable
BEPC
$6.03B
| $10.3M | ﹤0.01% |
316,705
+83,518
| +36% | +$2.42M |
|
2060
PUT
Air Products & Chemicals
APD
$65.2B
| $10.3M | ﹤0.01% |
34,700
+3,100
| +10% | +$848K |
|
2061
National Beverage
FIZZ
$2.97B
| $10.3M | ﹤0.01% |
218,998
+162,331
| +286% | +$7.71M |
|
2062
Regency Centers
REG
$14.7B
| $10.2M | ﹤0.01% |
141,879
+58,492
| +70% | +$4.05M |
|
2063
PUT
Keurig Dr Pepper
KDP
$42.6B
| $10.2M | ﹤0.01% |
273,400
+3,200
| +1% | +$112K |
|
2064
PUT
Cameco
CCJ
$37.6B
| $10.2M | ﹤0.01% |
214,500
+205,900
| +2,394% | +$8.98M |
|
2065
IHS Holding
IHS
$2.76B
| $10.2M | ﹤0.01% |
3,422,630
+1,139,916
| +50% | +$3.51M |
|
|
CLDT
2066
Chatham Lodging
CLDT
$622M
| $10.2M | ﹤0.01% |
1,200,779
-214,073
| -15% | -$1.81M |
|
2067
Nextpower Inc
NXT
$13.8B
| $10.2M | ﹤0.01% |
272,689
-248,146
| -48% | -$10.3M |
|
2068
CALL
Diamondback Energy
FANG
$56.6B
| $10.2M | ﹤0.01% |
59,200
-38,100
| -39% | -$7.33M |
|
2069
Commault Systems
CVLT
$4.81B
| $10.2M | ﹤0.01% |
66,279
+12,082
| +22% | +$1.7M |
|
|
PRO
2070
DELISTED
PROS Holdings
PRO
| $10.2M | ﹤0.01% |
549,920
+464,000
| +540% | +$9.8M |
|
2071
CALL
Envista
NVST
$4.4B
| $10.2M | ﹤0.01% |
515,000
+485,000
| +1,617% | +$8.44M |
|
2072
Clean Harbors
CLH
$16.7B
| $10.2M | ﹤0.01% |
42,095
-216,506
| -84% | -$50.9M |
|
2073
Orion
OEC
$374M
| $10.2M | ﹤0.01% |
569,973
-7,179
| -1% | -$138K |
|
2074
PUT
iShares US Home Construction ETF
ITB
$2.28B
| $10.1M | ﹤0.01% |
79,500
-12,100
| -13% | -$1.4M |
|
2075
CALL
Teradyne
TER
$58.2B
| $10.1M | ﹤0.01% |
75,400
+58,000
| +333% | +$7.82M |
|
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.