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 | |
|---|---|---|---|---|---|---|
2426
Ionis Pharmaceuticals
IONS
$8.93B
| $6.11M | ﹤0.01% |
128,215
-454,964
| -78% | -$18.7M |
|
2427
Opendoor
OPEN
$3.54B
| $6.09M | ﹤0.01% |
+3,422,061
| New | +$7.38M |
|
2428
Liberty Global Class C
LBTYK
$3.5B
| $6.09M | ﹤0.01% |
341,034
-402,552
| -54% | -$7.01M |
|
2429
Cameco
CCJ
$36.8B
| $6.08M | ﹤0.01% |
123,601
-367,554
| -75% | -$18.6M |
|
2430
PUT
Southwest Airlines
LUV
$21.7B
| $6.07M | ﹤0.01% |
212,200
-190,300
| -47% | -$5.31M |
|
2431
Arbor Realty Trust
ABR
$977M
| $6.06M | ﹤0.01% |
422,299
-1,016,802
| -71% | -$13.6M |
|
|
FISV
2432
PUT
Fiserv Inc
FISV
$29.7B
| $6.05M | ﹤0.01% |
40,600
-408,000
| -91% | -$61.8M |
|
2433
CALL
Insmed
INSM
$22.4B
| $6.05M | ﹤0.01% |
90,300
+45,600
| +102% | +$1.77M |
|
2434
MDU Resources
MDU
$4.18B
| $6.04M | ﹤0.01% |
434,646
-865,882
| -67% | -$12M |
|
2435
Scansource
SCSC
$1.17B
| $6.04M | ﹤0.01% |
136,266
+131,294
| +2,641% | +$5.87M |
|
2436
Mueller Industries
MLI
$14.5B
| $6.04M | ﹤0.01% |
211,994
-97,054
| -31% | -$2.72M |
|
2437
Xerox
XRX
$345M
| $6.03M | ﹤0.01% |
+518,903
| New | +$7.53M |
|
|
JWN
2438
PUT
DELISTED
Nordstrom
JWN
| $6.02M | ﹤0.01% |
283,500
+15,800
| +6% | +$323K |
|
2439
James River Group Holdings
JRVR
$219M
| $6.01M | ﹤0.01% |
778,039
-286,718
| -27% | -$2.36M |
|
|
KEEL
2440
Keel Infrastructure Corp
KEEL
$1.92B
| $6.01M | ﹤0.01% |
2,331,961
-2,444,951
| -51% | -$5.26M |
|
2441
PUT
Becton Dickinson
BDX
$46.4B
| $6.01M | ﹤0.01% |
25,700
-63,600
| -71% | -$15M |
|
2442
CALL
Kraft Heinz
KHC
$32.8B
| $6M | ﹤0.01% |
186,300
-732,200
| -80% | -$26.1M |
|
2443
Duke Energy
DUK
$101B
| $6M | ﹤0.01% |
59,816
-55,165
| -48% | -$5.52M |
|
2444
Exelon
EXC
$48.1B
| $5.99M | ﹤0.01% |
173,070
-476,283
| -73% | -$17.6M |
|
2445
Peabody Energy
BTU
$2.54B
| $5.99M | ﹤0.01% |
270,652
+38,796
| +17% | +$896K |
|
2446
CALL
Monster Beverage
MNST
$95.1B
| $5.97M | ﹤0.01% |
119,500
-170,100
| -59% | -$9.02M |
|
2447
FuboTV Inc
FUBO
$260M
| $5.97M | ﹤0.01% |
400,877
+228,565
| +133% | +$3.66M |
|
2448
PUT
Dover
DOV
$26.7B
| $5.95M | ﹤0.01% |
+33,000
| New | +$5.91M |
|
|
SFBS
2449
ServisFirst Bancshares
SFBS
$4.9B
| $5.95M | ﹤0.01% |
94,185
+60,781
| +182% | +$3.75M |
|
2450
Rush Street Interactive
RSI
$3.17B
| $5.95M | ﹤0.01% |
620,552
+490,831
| +378% | +$3.93M |
|
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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.