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 | |
|---|---|---|---|---|---|---|
2401
PUT
Tenet Healthcare
THC
$22.2B
| $6.24M | ﹤0.01% |
46,900
+32,100
| +217% | +$3.86M |
|
2402
Armstrong World Industries
AWI
$7.37B
| $6.24M | ﹤0.01% |
55,078
+39,452
| +252% | +$4.58M |
|
2403
PUT
Keysight
KEYS
$50.7B
| $6.24M | ﹤0.01% |
45,600
-8,900
| -16% | -$1.3M |
|
|
VNET
2404
VNET Group
VNET
$1.79B
| $6.23M | ﹤0.01% |
2,973,358
+1,400,683
| +89% | +$2.68M |
|
2405
W&T Offshore
WTI
$525M
| $6.22M | ﹤0.01% |
2,908,488
-592,427
| -17% | -$1.38M |
|
2406
Artesian Resources
ARTNA
$360M
| $6.22M | ﹤0.01% |
+176,910
| New | +$6.41M |
|
2407
Xponential Fitness
XPOF
$286M
| $6.22M | ﹤0.01% |
398,671
-206,514
| -34% | -$2.55M |
|
2408
Tencent Music
TME
$15.9B
| $6.2M | ﹤0.01% |
440,935
-2,801,299
| -86% | -$37.6M |
|
2409
Doximity
DOCS
$3.89B
| $6.19M | ﹤0.01% |
221,354
-503,672
| -69% | -$13.3M |
|
2410
Upstart Holdings
UPST
$2.55B
| $6.19M | ﹤0.01% |
+262,396
| New | +$6.33M |
|
2411
VanEck Semiconductor ETF
SMH
$60.8B
| $6.18M | ﹤0.01% |
23,706
-152,733
| -87% | -$35.8M |
|
|
HTO
2412
H2O America
HTO
$2.67B
| $6.17M | ﹤0.01% |
113,781
+109,390
| +2,491% | +$5.99M |
|
|
VBTX
2413
DELISTED
Veritex Holdings
VBTX
| $6.17M | ﹤0.01% |
292,499
+105,261
| +56% | +$2.13M |
|
2414
KraneShares CSI China Internet ETF
KWEB
$5.5B
| $6.17M | ﹤0.01% |
228,229
-31,188
| -12% | -$893K |
|
2415
CALL
On Holding
ONON
$12.6B
| $6.17M | ﹤0.01% |
+158,900
| New | +$5.81M |
|
2416
MiMedx Group
MDXG
$630M
| $6.16M | ﹤0.01% |
889,446
+687,267
| +340% | +$4.83M |
|
2417
CALL
Skyworks Solutions
SWKS
$9.21B
| $6.16M | ﹤0.01% |
57,800
+52,200
| +932% | +$5.15M |
|
2418
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $6.16M | ﹤0.01% |
+67,083
| New | +$6.11M |
|
2419
PUT
Alaska Air
ALK
$5.11B
| $6.14M | ﹤0.01% |
+152,000
| New | +$6.45M |
|
2420
Sixth Street Specialty
TSLX
$1.67B
| $6.13M | ﹤0.01% |
287,311
+237,995
| +483% | +$5.07M |
|
2421
BridgeBio Pharma
BBIO
$16.4B
| $6.12M | ﹤0.01% |
241,780
+125,178
| +107% | +$3.42M |
|
2422
HUTCHMED
HCM
$1.96B
| $6.12M | ﹤0.01% |
357,632
+39
| +0% | +$720 |
|
|
HSII
2423
DELISTED
Heidrick & Struggles
HSII
| $6.12M | ﹤0.01% |
193,836
-29,768
| -13% | -$970K |
|
|
AY
2424
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $6.12M | ﹤0.01% |
278,828
-1,247,053
| -82% | -$26.1M |
|
2425
Wabash National
WNC
$504M
| $6.11M | ﹤0.01% |
279,900
+260,072
| +1,312% | +$6.12M |
|
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.