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 | |
|---|---|---|---|---|---|---|
|
LKFT
2326
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.81B
| $7.7M | ﹤0.01% |
267,354
-74,285
| -22% | -$2.02M |
|
2327
PUT
Caesars Entertainment
CZR
$6.06B
| $7.7M | ﹤0.01% |
184,400
+110,200
| +149% | +$4.13M |
|
2328
Mine Safety
MSA
$7.35B
| $7.69M | ﹤0.01% |
43,383
+4,293
| +11% | +$780K |
|
2329
PUT
RH
RH
$3.13B
| $7.69M | ﹤0.01% |
23,000
-37,100
| -62% | -$10.2M |
|
2330
CALL
Elastic
ESTC
$6.84B
| $7.69M | ﹤0.01% |
+100,200
| New | +$9.88M |
|
2331
Cabaletta Bio
CABA
$437M
| $7.69M | ﹤0.01% |
1,628,913
+930,596
| +133% | +$5.38M |
|
2332
First Bancorp
FBNC
$2.6B
| $7.68M | ﹤0.01% |
184,714
+171,283
| +1,275% | +$6.82M |
|
|
DFS
2333
CALL
DELISTED
Discover Financial Services
DFS
| $7.67M | ﹤0.01% |
54,700
-27,200
| -33% | -$3.66M |
|
2334
ADT
ADT
$5.58B
| $7.67M | ﹤0.01% |
1,061,214
-1,781,303
| -63% | -$13.1M |
|
2335
EXL Service
EXLS
$5.14B
| $7.65M | ﹤0.01% |
200,533
-51,291
| -20% | -$1.79M |
|
2336
America Movil
AMX
$76.1B
| $7.64M | ﹤0.01% |
467,108
+182,009
| +64% | +$3.08M |
|
|
BCAX
2337
Bicara Therapeutics
BCAX
$1.78B
| $7.63M | ﹤0.01% |
+299,559
| New | +$7.64M |
|
2338
PUT
Cheesecake Factory
CAKE
$5.04B
| $7.63M | ﹤0.01% |
188,100
+99,600
| +113% | +$3.79M |
|
|
ESGR
2339
DELISTED
Enstar Group
ESGR
| $7.63M | ﹤0.01% |
23,715
-17,030
| -42% | -$5.52M |
|
2340
Rubrik
RBRK
$14.9B
| $7.62M | ﹤0.01% |
237,060
+32,481
| +16% | +$1.08M |
|
2341
CALL
KE Holdings
BEKE
$18.7B
| $7.62M | ﹤0.01% |
382,500
-372,000
| -49% | -$5.49M |
|
2342
CALL
Northrop Grumman
NOC
$77.1B
| $7.6M | ﹤0.01% |
14,400
-6,500
| -31% | -$3.18M |
|
2343
CALL
Suncor Energy
SU
$79.4B
| $7.6M | ﹤0.01% |
153,000
-202,900
| -57% | -$7.84M |
|
2344
Harrow
HROW
$1.45B
| $7.6M | ﹤0.01% |
168,933
+30,796
| +22% | +$1.04M |
|
2345
CALL
Idexx Laboratories
IDXX
$44.1B
| $7.58M | ﹤0.01% |
15,000
-19,200
| -56% | -$9.33M |
|
2346
Enanta Pharmaceuticals
ENTA
$366M
| $7.58M | ﹤0.01% |
731,295
+48,152
| +7% | +$630K |
|
|
AAT
2347
American Assets Trust
AAT
$1.45B
| $7.57M | ﹤0.01% |
283,144
+173,668
| +159% | +$4.4M |
|
2348
BrightView Holdings
BV
$1.22B
| $7.56M | ﹤0.01% |
480,601
-151,970
| -24% | -$2.2M |
|
|
DMC
2349
Del Monte Corp
DMC
$1.41B
| $7.56M | ﹤0.01% |
256,018
-380,405
| -60% | -$10.1M |
|
2350
PUT
Ferrari
RACE
$69.2B
| $7.56M | ﹤0.01% |
17,200
+4,800
| +39% | +$2.15M |
|
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.