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 | |
|---|---|---|---|---|---|---|
2151
CALL
Moderna
MRNA
$21.8B
| $9.15M | ﹤0.01% |
136,900
-269,500
| -66% | -$24.7M |
|
2152
CALL
Becton Dickinson
BDX
$45.6B
| $9.14M | ﹤0.01% |
37,900
-160,800
| -81% | -$37.7M |
|
2153
PUT
Molina Healthcare
MOH
$10.2B
| $9.13M | ﹤0.01% |
26,500
+25,500
| +2,550% | +$8.41M |
|
|
UNIT
2154
Uniti Group
UNIT
$2.36B
| $9.13M | ﹤0.01% |
1,618,103
+1,384,415
| +592% | +$5.91M |
|
|
INZY
2155
DELISTED
Inozyme Pharma
INZY
| $9.12M | ﹤0.01% |
1,744,453
-43,494
| -2% | -$226K |
|
2156
Pacira BioSciences
PCRX
$1.04B
| $9.12M | ﹤0.01% |
+606,039
| New | +$10.4M |
|
2157
Ingersoll Rand
IR
$32.6B
| $9.11M | ﹤0.01% |
92,851
+43,129
| +87% | +$4.01M |
|
|
MZTI
2158
The Marzetti Company
MZTI
$2.93B
| $9.11M | ﹤0.01% |
51,588
+15,498
| +43% | +$2.85M |
|
2159
PUT
Zoom
ZM
$28.2B
| $9.11M | ﹤0.01% |
130,600
+31,100
| +31% | +$1.94M |
|
2160
Bally's
BALY
$682M
| $9.1M | ﹤0.01% |
527,637
+502,987
| +2,041% | +$8.06M |
|
2161
PUT
Estee Lauder
EL
$30.4B
| $9.1M | ﹤0.01% |
91,300
-23,000
| -20% | -$2.18M |
|
2162
State Street Communication Services Select Sector SPDR ETF
XLC
$22.3B
| $9.09M | ﹤0.01% |
100,533
+6,944
| +7% | +$599K |
|
2163
1st Source
SRCE
$2.16B
| $9.09M | ﹤0.01% |
151,746
+117,866
| +348% | +$6.94M |
|
2164
Vesta Real Estate
VTMX
$3.2B
| $9.07M | ﹤0.01% |
336,650
+57,395
| +21% | +$1.66M |
|
2165
Madison Square Garden
MSGS
$9.48B
| $9.07M | ﹤0.01% |
43,538
+14,880
| +52% | +$2.99M |
|
|
CMA
2166
CALL
DELISTED
Comerica
CMA
| $9.06M | ﹤0.01% |
151,300
+40,800
| +37% | +$2.25M |
|
|
DNB
2167
DELISTED
Dun & Bradstreet
DNB
| $9.06M | ﹤0.01% |
787,444
+253,725
| +48% | +$2.82M |
|
2168
Barclays
BCS
$92.7B
| $9.06M | ﹤0.01% |
745,551
+673,070
| +929% | +$7.88M |
|
2169
Navigator Holdings
NVGS
$1.38B
| $9.03M | ﹤0.01% |
561,932
-99,356
| -15% | -$1.62M |
|
2170
Leslie's
LESL
$8.9M
| $9M | ﹤0.01% |
142,482
+122,387
| +609% | +$7.55M |
|
|
OPTU
2171
Optimum Communications Inc
OPTU
$298M
| $9M | ﹤0.01% |
3,659,366
+2,395,963
| +190% | +$4.63M |
|
2172
PUT
Insulet
PODD
$11.5B
| $8.98M | ﹤0.01% |
38,600
+27,500
| +248% | +$5.65M |
|
2173
PUT
ZIM Integrated Shipping Services
ZIM
$3.04B
| $8.98M | ﹤0.01% |
+350,100
| New | +$6.81M |
|
2174
CALL
Canadian Natural Resources
CNQ
$99.4B
| $8.98M | ﹤0.01% |
200,000
-151,300
| -43% | -$5.27M |
|
2175
CALL
Lennar Class A
LEN
$19.8B
| $8.98M | ﹤0.01% |
49,481
-34,812
| -41% | -$5.83M |
|
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.