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 | |
|---|---|---|---|---|---|---|
2101
Clear Secure
YOU
$5.47B
| $9.83M | ﹤0.01% |
296,705
-1,806,873
| -86% | -$46.6M |
|
2102
PUT
JetBlue
JBLU
$2.28B
| $9.83M | ﹤0.01% |
1,498,400
+689,100
| +85% | +$3.88M |
|
2103
CALL
Capital One
COF
$128B
| $9.79M | ﹤0.01% |
65,400
-41,700
| -39% | -$5.94M |
|
2104
Valmont Industries
VMI
$9.39B
| $9.77M | ﹤0.01% |
33,702
-18,153
| -35% | -$5.08M |
|
2105
PUT
Howmet Aerospace
HWM
$113B
| $9.75M | ﹤0.01% |
97,300
+75,200
| +340% | +$6.79M |
|
2106
Zillow
ZG
$7.95B
| $9.75M | ﹤0.01% |
157,408
+137,732
| +700% | +$7.17M |
|
|
EH
2107
EHang Holdings
EH
$388M
| $9.73M | ﹤0.01% |
688,283
+573,566
| +500% | +$7.51M |
|
2108
Compass Minerals
CMP
$1.25B
| $9.73M | ﹤0.01% |
809,097
+659,297
| +440% | +$6.99M |
|
2109
Braskem
BAK
$928M
| $9.7M | ﹤0.01% |
1,322,161
+1,306,447
| +8,314% | +$8.57M |
|
2110
Regal Rexnord
RRX
$13.8B
| $9.69M | ﹤0.01% |
58,440
-38,379
| -40% | -$5.93M |
|
2111
Gibraltar Industries
ROCK
$1.26B
| $9.69M | ﹤0.01% |
138,574
+15,136
| +12% | +$1.06M |
|
|
CCIXU
2112
DELISTED
Churchill Capital Corp IX Unit
CCIXU
| $9.69M | ﹤0.01% |
961,875
-250,000
| -21% | -$2.53M |
|
2113
John B. Sanfilippo & Son
JBSS
$964M
| $9.67M | ﹤0.01% |
102,583
+98,774
| +2,593% | +$9.57M |
|
2114
PC Connection
CNXN
$2.12B
| $9.67M | ﹤0.01% |
128,213
+63,439
| +98% | +$4.41M |
|
2115
Amgen
AMGN
$208B
| $9.67M | ﹤0.01% |
30,013
-37,194
| -55% | -$12.2M |
|
2116
Mercury Insurance
MCY
$5.93B
| $9.67M | ﹤0.01% |
153,510
+90,008
| +142% | +$5.35M |
|
2117
Strategic Education
STRA
$1.88B
| $9.66M | ﹤0.01% |
104,423
+58,011
| +125% | +$5.87M |
|
2118
CALL
GE HealthCare
GEHC
$30.7B
| $9.66M | ﹤0.01% |
102,900
+56,500
| +122% | +$4.74M |
|
2119
Noble Corp
NE
$6.75B
| $9.66M | ﹤0.01% |
267,211
-909,110
| -77% | -$36.6M |
|
2120
Constellation Brands
STZ
$22.2B
| $9.6M | ﹤0.01% |
37,260
+24,160
| +184% | +$5.99M |
|
2121
Artisan Partners
APAM
$2.78B
| $9.6M | ﹤0.01% |
221,505
-37,409
| -14% | -$1.54M |
|
2122
Plexus
PLXS
$6.83B
| $9.57M | ﹤0.01% |
70,008
+47,110
| +206% | +$5.72M |
|
2123
Nu Skin
NUS
$250M
| $9.56M | ﹤0.01% |
1,296,590
+762,011
| +143% | +$7.12M |
|
2124
PUT
Marathon Petroleum
MPC
$91.6B
| $9.53M | ﹤0.01% |
58,500
-29,800
| -34% | -$5.04M |
|
2125
CALL
NetEase
NTES
$85.2B
| $9.5M | ﹤0.01% |
101,600
-15,500
| -13% | -$1.35M |
|
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.