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 |
iShares Core S&P 500 ETF
IVV
|
+$1.12B |
| 2 |
Apple
AAPL
|
+$963M |
| 3 |
Wells Fargo
WFC
|
+$647M |
| 4 |
ConocoPhillips
COP
|
+$632M |
| 5 |
UnitedHealth
UNH
|
+$490M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$963M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$907M |
| 3 |
KKR & Co
KKR
|
+$906M |
| 4 |
CRH
CRH
|
+$670M |
| 5 |
Meta Platforms (Facebook)
META
|
+$593M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.44% |
| 2 | Healthcare | 8.01% |
| 3 | Financials | 6.79% |
| 4 | Industrials | 6.22% |
| 5 | Consumer Discretionary | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
CALL
iShares MSCI EAFE ETF
EFA
$76.4B
| $188M | 0.09% |
2,403,400
-242,600
| -9% | -$19.2M |
|
202
Packaging Corp of America
PKG
$22.7B
| $188M | 0.09% |
1,027,585
+257,615
| +33% | +$46.9M |
|
203
Coca-Cola Consolidated
COKE
$12.3B
| $187M | 0.09% |
1,727,880
+1,605,210
| +1,309% | +$149M |
|
204
PUT
Freeport-McMoran
FCX
$90B
| $187M | 0.09% |
3,844,300
-454,900
| -11% | -$22.9M |
|
205
TransDigm Group
TDG
$69.2B
| $187M | 0.09% |
146,121
+31,291
| +27% | +$40.1M |
|
206
Vertiv
VRT
$112B
| $187M | 0.09% |
2,155,537
-68,409
| -3% | -$6.23M |
|
207
PUT
Palo Alto Networks
PANW
$264B
| $185M | 0.09% |
1,090,400
-188,800
| -15% | -$28.2M |
|
208
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
| $184M | 0.09% |
2,391,600
-1,309,800
| -35% | -$101M |
|
209
Snowflake
SNOW
$92.9B
| $184M | 0.09% |
1,365,238
+626,021
| +85% | +$92.5M |
|
210
HDFC Bank
HDB
$119B
| $184M | 0.09% |
5,728,290
+877,500
| +18% | +$25.7M |
|
211
PUT
McDonald's
MCD
$188B
| $184M | 0.09% |
721,500
+497,400
| +222% | +$132M |
|
212
NiSource
NI
$22.4B
| $184M | 0.09% |
6,374,053
+44,598
| +0.7% | +$1.26M |
|
213
PUT
Amgen
AMGN
$203B
| $183M | 0.08% |
585,800
+97,800
| +20% | +$28.7M |
|
214
PUT
Chipotle Mexican Grill
CMG
$40.8B
| $182M | 0.08% |
2,900,000
-425,000
| -13% | -$26.4M |
|
215
Datadog
DDOG
$87.9B
| $181M | 0.08% |
1,399,491
-1,553,936
| -53% | -$188M |
|
216
Natera
NTRA
$37.5B
| $181M | 0.08% |
1,674,165
-965,089
| -37% | -$98M |
|
217
PUT
ServiceNow
NOW
$102B
| $178M | 0.08% |
1,134,500
-385,000
| -25% | -$56.5M |
|
|
K
218
DELISTED
Kellanova
K
| $178M | 0.08% |
3,093,639
+1,990,936
| +181% | +$117M |
|
219
Keurig Dr Pepper
KDP
$40.4B
| $178M | 0.08% |
5,331,192
+708,456
| +15% | +$23.5M |
|
220
Agnico Eagle Mines
AEM
$72.6B
| $178M | 0.08% |
2,721,562
-188,139
| -6% | -$12.3M |
|
221
Constellation Energy
CEG
$98B
| $178M | 0.08% |
887,445
+790,954
| +820% | +$161M |
|
222
Ameren
AEE
$31.5B
| $178M | 0.08% |
2,498,158
+1,286,162
| +106% | +$93.5M |
|
223
PUT
Lockheed Martin
LMT
$134B
| $177M | 0.08% |
379,100
-26,200
| -6% | -$12.1M |
|
224
PUT
Micron Technology
MU
$1.04T
| $177M | 0.08% |
1,342,100
-1,308,600
| -49% | -$165M |
|
225
Universal Health Services
UHS
$9.43B
| $176M | 0.08% |
951,881
-344,367
| -27% | -$60.9M |
|
Similar funds
Millennium Management's Q2 2024 Portfolio in Review
As of Q2 2024, Millennium Management held 6,803 positions worth $216B, down 7.8% from $234B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $24.5B in Q2 2024, closing 995 positions and reducing 2,549 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $907M position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 8.5% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in QXO Inc worth $20.6M.
- Millennium Management's largest Q2 2024 buy was QXO Inc: 2,219,158 shares worth $20.6M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $1.12B increase.
- Millennium Management's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $963M.
- Millennium Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $907M.
- Millennium Management's ten largest holdings make up 16% of its $216B portfolio in Q2 2024.
- Millennium Management opened 661 new positions and closed 995 in Q2 2024.
- Millennium Management's portfolio value fell 7.8% quarter-over-quarter to $216B.
Based on Millennium Management's 13F filing for Q2 2024, filed 14 Aug 2024.