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 | |
|---|---|---|---|---|---|---|
2401
U-Haul Holding Co
UHAL
$13.9B
| $7.13M | ﹤0.01% |
+92,083
| New | +$6.3M |
|
2402
PUT
GE HealthCare
GEHC
$30.7B
| $7.13M | ﹤0.01% |
76,000
+48,400
| +175% | +$4.06M |
|
2403
PUT
Nu Holdings
NU
$69.2B
| $7.13M | ﹤0.01% |
522,400
-833,700
| -61% | -$11.2M |
|
2404
nLIGHT
LASR
$3.88B
| $7.12M | ﹤0.01% |
666,274
+540,271
| +429% | +$6.11M |
|
2405
Sibanye-Stillwater
SBSW
$6.26B
| $7.12M | ﹤0.01% |
1,731,313
+395,982
| +30% | +$1.68M |
|
|
SNV
2406
PUT
DELISTED
Synovus
SNV
| $7.12M | ﹤0.01% |
+160,000
| New | +$7M |
|
2407
Zurn Elkay Water Solutions
ZWS
$8.38B
| $7.11M | ﹤0.01% |
197,932
-460,049
| -70% | -$14.6M |
|
|
CVAC
2408
DELISTED
CureVac
CVAC
| $7.11M | ﹤0.01% |
2,418,173
-454,746
| -16% | -$1.5M |
|
2409
PUT
Signet Jewelers
SIG
$3.61B
| $7.11M | ﹤0.01% |
68,900
+8,700
| +14% | +$735K |
|
|
THS
2410
DELISTED
Treehouse Foods
THS
| $7.08M | ﹤0.01% |
168,714
-266,236
| -61% | -$10.6M |
|
2411
CALL
Etsy
ETSY
$7.75B
| $7.08M | ﹤0.01% |
127,500
-172,900
| -58% | -$9.81M |
|
2412
Enterprise Financial Services Corp
EFSC
$2.4B
| $7.07M | ﹤0.01% |
137,967
+12,495
| +10% | +$614K |
|
2413
PUT
PG&E
PCG
$38.3B
| $7.06M | ﹤0.01% |
357,100
+155,800
| +77% | +$2.92M |
|
2414
Argan
AGX
$8B
| $7.06M | ﹤0.01% |
69,596
-38,229
| -35% | -$3.02M |
|
2415
ARS Pharmaceuticals
SPRY
$509M
| $7.06M | ﹤0.01% |
+486,746
| New | +$5.79M |
|
2416
PUT
Ralph Lauren
RL
$22.6B
| $7.06M | ﹤0.01% |
36,400
+8,000
| +28% | +$1.38M |
|
2417
PUT
Best Buy
BBY
$18.2B
| $7.05M | ﹤0.01% |
68,200
+49,600
| +267% | +$4.47M |
|
2418
Gogo Inc
GOGO
$565M
| $7.04M | ﹤0.01% |
981,073
+166,240
| +20% | +$1.36M |
|
2419
Sutro Biopharma
STRO
$401M
| $7.03M | ﹤0.01% |
203,175
-233,014
| -53% | -$9.13M |
|
2420
PUT
Peloton Interactive
PTON
$2.77B
| $7.02M | ﹤0.01% |
1,500,000
+1,000,000
| +200% | +$3.93M |
|
|
2421
PUT
Spotify
SPOT
$103B
| $7M | ﹤0.01% |
19,000
-83,300
| -81% | -$27.7M |
|
2422
Pyxis Oncology
PYXS
$168M
| $7M | ﹤0.01% |
1,906,978
+570,070
| +43% | +$1.99M |
|
2423
Wave Life Sciences
WVE
$1.09B
| $6.98M | ﹤0.01% |
851,665
-812,635
| -49% | -$4.86M |
|
2424
Chefs' Warehouse
CHEF
$4.71B
| $6.97M | ﹤0.01% |
166,016
-497,039
| -75% | -$20.1M |
|
2425
PUT
Thor Industries
THO
$3.9B
| $6.97M | ﹤0.01% |
63,400
-37,500
| -37% | -$3.81M |
|
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.