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 | |
|---|---|---|---|---|---|---|
2451
Associated Banc-Corp
ASB
$5.83B
| $6.8M | ﹤0.01% |
315,750
-1,247,524
| -80% | -$27.1M |
|
2452
iShares MSCI India ETF
INDA
$6.89B
| $6.78M | ﹤0.01% |
115,903
+18,376
| +19% | +$1.05M |
|
2453
Appian
APPN
$1.98B
| $6.77M | ﹤0.01% |
+198,286
| New | +$6.42M |
|
2454
State Street SPDR S&P Bank ETF
KBE
$1.64B
| $6.77M | ﹤0.01% |
127,952
+118,800
| +1,298% | +$6.09M |
|
2455
Amdocs
DOX
$5.92B
| $6.76M | ﹤0.01% |
77,322
+31,518
| +69% | +$2.65M |
|
2456
Emergent Biosolutions
EBS
$373M
| $6.76M | ﹤0.01% |
809,959
-136,343
| -14% | -$1.24M |
|
|
NVEE
2457
DELISTED
NV5 Global
NVEE
| $6.75M | ﹤0.01% |
288,940
+111,240
| +63% | +$2.64M |
|
2458
PUT
Li Auto
LI
$13.4B
| $6.74M | ﹤0.01% |
262,600
+147,900
| +129% | +$3M |
|
|
OLO
2459
DELISTED
Olo Inc
OLO
| $6.73M | ﹤0.01% |
1,357,404
+360,918
| +36% | +$1.78M |
|
2460
Stride
LRN
$3.41B
| $6.73M | ﹤0.01% |
78,844
+37,906
| +93% | +$2.93M |
|
2461
Essex Property Trust
ESS
$18.3B
| $6.72M | ﹤0.01% |
22,732
-27,771
| -55% | -$8.06M |
|
2462
IMAX
IMAX
$2.62B
| $6.71M | ﹤0.01% |
327,399
-398,519
| -55% | -$7.84M |
|
2463
PUT
SiriusXM
SIRI
$9.98B
| $6.7M | ﹤0.01% |
311,000
+61,000
| +24% | +$1.89M |
|
2464
Qfin Holdings
QFIN
$1.69B
| $6.69M | ﹤0.01% |
224,418
-974,464
| -81% | -$22.2M |
|
|
CHUY
2465
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $6.69M | ﹤0.01% |
178,789
-77,586
| -30% | -$2.7M |
|
2466
CALL
Jabil
JBL
$33B
| $6.69M | ﹤0.01% |
55,800
+4,900
| +10% | +$532K |
|
2467
Ziff Davis
ZD
$1.96B
| $6.67M | ﹤0.01% |
137,140
+126,113
| +1,144% | +$6.01M |
|
|
EHAB
2468
DELISTED
Enhabit
EHAB
| $6.66M | ﹤0.01% |
843,005
+687,102
| +441% | +$5.98M |
|
2469
Watsco Inc
WSO
$12.7B
| $6.66M | ﹤0.01% |
13,532
-31,488
| -70% | -$15.1M |
|
2470
First Busey Corp
BUSE
$2.57B
| $6.65M | ﹤0.01% |
+255,700
| New | +$6.67M |
|
2471
CALL
Cintas
CTAS
$81.9B
| $6.65M | ﹤0.01% |
32,300
+19,100
| +145% | +$3.69M |
|
2472
F5
FFIV
$22.9B
| $6.65M | ﹤0.01% |
30,195
-200,539
| -87% | -$38.9M |
|
2473
PUT
Glaukos
GKOS
$9.83B
| $6.64M | ﹤0.01% |
51,000
+800
| +2% | +$99.6K |
|
|
FLG
2474
CALL
Flagstar Bank National Association
FLG
$5.93B
| $6.64M | ﹤0.01% |
+2,781,700
| New | +$29.6M |
|
2475
HealthStream
HSTM
$819M
| $6.64M | ﹤0.01% |
230,143
-133,287
| -37% | -$3.82M |
|
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.