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 | |
|---|---|---|---|---|---|---|
2176
PUT
M&T Bank
MTB
$35.7B
| $8.98M | ﹤0.01% |
50,400
+44,100
| +700% | +$7.31M |
|
2177
Photronics
PLAB
$1.79B
| $8.97M | ﹤0.01% |
362,414
+278,720
| +333% | +$6.74M |
|
2178
Lamar Advertising Co
LAMR
$16.2B
| $8.97M | ﹤0.01% |
+67,163
| New | +$8.2M |
|
2179
MDU Resources
MDU
$4.17B
| $8.97M | ﹤0.01% |
590,538
+155,892
| +36% | +$2.22M |
|
2180
CALL
GitLab
GTLB
$5.83B
| $8.95M | ﹤0.01% |
173,700
+163,400
| +1,586% | +$8.17M |
|
2181
CALL
Digital Realty Trust
DLR
$69.7B
| $8.95M | ﹤0.01% |
55,300
+1,200
| +2% | +$184K |
|
2182
Biohaven
BHVN
$2.03B
| $8.93M | ﹤0.01% |
178,679
+161,771
| +957% | +$6.29M |
|
2183
Range Resources
RRC
$9.38B
| $8.92M | ﹤0.01% |
289,984
-163,904
| -36% | -$5.07M |
|
2184
Concentrix
CNXC
$1.5B
| $8.91M | ﹤0.01% |
173,815
+35,283
| +25% | +$2.36M |
|
2185
Community Health Systems
CYH
$393M
| $8.9M | ﹤0.01% |
1,466,462
-606,388
| -29% | -$2.97M |
|
2186
Avis
CAR
$4.86B
| $8.89M | ﹤0.01% |
101,522
-96,575
| -49% | -$8.71M |
|
2187
Atour Lifestyle Holdings
ATAT
$4.67B
| $8.89M | ﹤0.01% |
342,781
+39,607
| +13% | +$736K |
|
2188
West Fraser Timber
WFG
$5.08B
| $8.89M | ﹤0.01% |
91,299
+85,783
| +1,555% | +$7.35M |
|
|
KW
2189
DELISTED
Kennedy-Wilson Holdings
KW
| $8.87M | ﹤0.01% |
802,859
+485,757
| +153% | +$5.15M |
|
2190
Moody's
MCO
$82.8B
| $8.87M | ﹤0.01% |
18,693
+16,401
| +716% | +$7.6M |
|
2191
BlackBerry
BB
$4.98B
| $8.83M | ﹤0.01% |
3,363,259
-68,329
| -2% | -$163K |
|
2192
CALL
Match Group
MTCH
$9.19B
| $8.83M | ﹤0.01% |
233,400
+222,800
| +2,102% | +$7.8M |
|
2193
PUT
Biogen
BIIB
$30B
| $8.82M | ﹤0.01% |
45,500
+31,200
| +218% | +$6.53M |
|
2194
Haverty Furniture Companies
HVT
$397M
| $8.82M | ﹤0.01% |
320,900
+195,900
| +157% | +$5.26M |
|
2195
PUT
Sanofi
SNY
$103B
| $8.81M | ﹤0.01% |
152,800
-63,400
| -29% | -$3.42M |
|
|
MFA
2196
MFA Financial
MFA
$926M
| $8.78M | ﹤0.01% |
690,643
+524,850
| +317% | +$6.19M |
|
2197
Indivior Pharmaceuticals
INDV
$4.73B
| $8.78M | ﹤0.01% |
900,826
+407,513
| +83% | +$4.77M |
|
2198
Autohome
ATHM
$2.67B
| $8.78M | ﹤0.01% |
269,227
+135,669
| +102% | +$3.54M |
|
2199
CALL
Five Below
FIVE
$12B
| $8.75M | ﹤0.01% |
99,000
+74,000
| +296% | +$6.23M |
|
|
HPP
2200
Hudson Pacific Properties
HPP
$747M
| $8.75M | ﹤0.01% |
261,404
+6,162
| +2% | +$222K |
|
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.