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 | |
|---|---|---|---|---|---|---|
2076
ACM Research
ACMR
$5.55B
| $10.1M | ﹤0.01% |
497,195
-426,909
| -46% | -$8.18M |
|
2077
Atlas Energy Solutions
AESI
$1.35B
| $10.1M | ﹤0.01% |
461,342
+370,974
| +411% | +$7.66M |
|
2078
BioCryst Pharmaceuticals
BCRX
$2.29B
| $10.1M | ﹤0.01% |
1,322,900
-428,661
| -24% | -$3.26M |
|
2079
Moderna
MRNA
$22.2B
| $10M | ﹤0.01% |
150,318
+101,120
| +206% | +$9.28M |
|
2080
CALL
Welltower
WELL
$170B
| $10M | ﹤0.01% |
78,300
-60,100
| -43% | -$7.01M |
|
2081
PUT
AT&T
T
$159B
| $10M | ﹤0.01% |
454,900
-133,100
| -23% | -$2.65M |
|
2082
CALL
Manulife Financial
MFC
$74.3B
| $9.99M | ﹤0.01% |
250,000
-100,900
| -29% | -$2.71M |
|
2083
Viasat
VSAT
$10.6B
| $9.98M | ﹤0.01% |
836,027
+19,549
| +2% | +$315K |
|
2084
Bread Financial
BFH
$4.36B
| $9.98M | ﹤0.01% |
209,670
-1,254,525
| -86% | -$63.9M |
|
2085
Rayonier
RYN
$6.51B
| $9.97M | ﹤0.01% |
341,608
-488,201
| -59% | -$13.3M |
|
2086
Frontier Group Holdings
ULCC
$1.54B
| $9.97M | ﹤0.01% |
1,862,879
+700,817
| +60% | +$2.74M |
|
2087
PUT
Royal Caribbean
RCL
$85.5B
| $9.95M | ﹤0.01% |
56,100
+19,200
| +52% | +$3.11M |
|
2088
Box
BOX
$4.36B
| $9.95M | ﹤0.01% |
303,900
+263,700
| +656% | +$7.69M |
|
2089
AtriCure
ATRC
$1.93B
| $9.93M | ﹤0.01% |
354,145
-598,620
| -63% | -$14.8M |
|
|
FTW.U
2090
DELISTED
EQV Ventures Acquisition Corp Units
FTW.U
| $9.93M | ﹤0.01% |
+1,000,000
| New | +$9.95M |
|
2091
Schrodinger
SDGR
$1.11B
| $9.93M | ﹤0.01% |
535,117
+47,286
| +10% | +$971K |
|
|
AL
2092
DELISTED
Air Lease Corp
AL
| $9.92M | ﹤0.01% |
+219,004
| New | +$9.99M |
|
2093
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $9.91M | ﹤0.01% |
105,917
-93,020
| -47% | -$8.48M |
|
2094
PUT
Veeva Systems
VEEV
$33.1B
| $9.91M | ﹤0.01% |
47,200
+25,500
| +118% | +$5.04M |
|
2095
NOV
NOV
$6.87B
| $9.9M | ﹤0.01% |
620,119
-1,244,052
| -67% | -$22.1M |
|
2096
Assured Guaranty
AGO
$3.69B
| $9.87M | ﹤0.01% |
124,119
-2,554
| -2% | -$201K |
|
2097
Toyota
TM
$224B
| $9.87M | ﹤0.01% |
+55,255
| New | +$10.3M |
|
2098
Agilon Health
AGL
$1.57B
| $9.85M | ﹤0.01% |
100,247
-12,123
| -11% | -$1.57M |
|
2099
Archer Aviation
ACHR
$3.57B
| $9.84M | ﹤0.01% |
+3,247,428
| New | +$12.4M |
|
2100
CALL
Sea Limited
SE
$65.7B
| $9.83M | ﹤0.01% |
104,300
+71,600
| +219% | +$5.4M |
|
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.