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 |
Broadcom
AVGO
|
+$1.14B |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$810M |
| 3 |
Meta Platforms (Facebook)
META
|
+$715M |
| 4 |
Amazon
AMZN
|
+$641M |
| 5 |
UnitedHealth
UNH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.98B |
| 2 |
Spotify
SPOT
|
+$1.17B |
| 3 |
Microsoft
MSFT
|
+$856M |
| 4 |
Apollo Global Management
APO
|
+$726M |
| 5 |
Workday
WDAY
|
+$440M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.07% |
| 4 | Industrials | 5.93% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Fortuna Silver Mines
FSM
$2.91B
| $6.06M | ﹤0.01% |
1,413,258
-2,341,834
| -62% | -$11.2M |
|
2552
CALL
Moderna
MRNA
$22.5B
| $6.05M | ﹤0.01% |
145,500
+8,600
| +6% | +$411K |
|
|
PARA
2553
PUT
DELISTED
Paramount Global Class B
PARA
| $6.05M | ﹤0.01% |
578,200
+99,400
| +21% | +$1.07M |
|
2554
CALL
On Holding
ONON
$12.7B
| $6.04M | ﹤0.01% |
110,300
-18,100
| -14% | -$959K |
|
2555
Arvinas
ARVN
$542M
| $6.04M | ﹤0.01% |
314,843
+106,218
| +51% | +$2.58M |
|
2556
Diebold Nixdorf
DBD
$2.65B
| $6.03M | ﹤0.01% |
140,091
+71,673
| +105% | +$3.23M |
|
2557
NETSCOUT
NTCT
$2.98B
| $6.02M | ﹤0.01% |
277,916
-310,131
| -53% | -$6.72M |
|
|
SFBS
2558
ServisFirst Bancshares
SFBS
$4.94B
| $5.99M | ﹤0.01% |
70,643
-97,780
| -58% | -$8.68M |
|
2559
Douglas Emmett
DEI
$1.98B
| $5.99M | ﹤0.01% |
322,498
-203,280
| -39% | -$3.79M |
|
|
PRO
2560
DELISTED
PROS Holdings
PRO
| $5.98M | ﹤0.01% |
272,355
-277,565
| -50% | -$5.97M |
|
|
CFLT
2561
DELISTED
Confluent
CFLT
| $5.97M | ﹤0.01% |
213,490
-729,394
| -77% | -$19.6M |
|
|
LTC
2562
LTC Properties
LTC
$1.98B
| $5.95M | ﹤0.01% |
172,267
-55,896
| -24% | -$2.07M |
|
2563
Arm
ARM
$293B
| $5.95M | ﹤0.01% |
48,233
+10,637
| +28% | +$1.5M |
|
2564
First Financial Bankshares
FFIN
$5.06B
| $5.94M | ﹤0.01% |
164,893
-497,770
| -75% | -$19.3M |
|
2565
BioCryst Pharmaceuticals
BCRX
$2.31B
| $5.94M | ﹤0.01% |
790,105
-532,795
| -40% | -$4.04M |
|
2566
IMAX
IMAX
$2.78B
| $5.94M | ﹤0.01% |
232,003
-95,396
| -29% | -$2.24M |
|
2567
PUT
Lyft
LYFT
$6.26B
| $5.92M | ﹤0.01% |
459,200
-273,900
| -37% | -$4.06M |
|
|
UDMY
2568
DELISTED
Udemy
UDMY
| $5.91M | ﹤0.01% |
+718,205
| New | +$5.79M |
|
2569
CALL
nCino
NCNO
$2.11B
| $5.91M | ﹤0.01% |
+176,000
| New | +$6.55M |
|
2570
Mercantile Bank Corp
MBWM
$1.07B
| $5.91M | ﹤0.01% |
132,777
+46,559
| +54% | +$2.16M |
|
2571
Lightspeed Commerce
LSPD
$1.34B
| $5.9M | ﹤0.01% |
387,362
+38,194
| +11% | +$626K |
|
2572
Apogee Therapeutics
APGE
$10.2B
| $5.9M | ﹤0.01% |
130,171
+40,162
| +45% | +$2.05M |
|
2573
Oaktree Specialty Lending
OCSL
$1.06B
| $5.88M | ﹤0.01% |
+384,944
| New | +$6.17M |
|
2574
PUT
Fidelity National Information Services
FIS
$22.1B
| $5.88M | ﹤0.01% |
72,800
-4,800
| -6% | -$413K |
|
2575
Atmos Energy
ATO
$28.7B
| $5.86M | ﹤0.01% |
42,041
-182,617
| -81% | -$26M |
|
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Millennium Management's Q4 2024 Portfolio in Review
As of Q4 2024, Millennium Management held 6,700 positions worth $205B, down 3% from $211B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $13.8B in Q4 2024, closing 810 positions and reducing 2,557 holdings. Its most notable exit was Southwestern Energy Company, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.6% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Millennium Management opened a new position in NextEra Energy 7.234% Corporate Units worth $5.03M.
- Millennium Management's largest Q4 2024 buy was NextEra Energy 7.234% Corporate Units: 5,500,000 shares worth $5.03M.
- Millennium Management added most to Broadcom in Q4 2024, an estimated $1.14B increase.
- Millennium Management's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.98B.
- Millennium Management fully exited Southwestern Energy Company in Q4 2024, selling an estimated $340M.
- Millennium Management's ten largest holdings make up 16% of its $205B portfolio in Q4 2024.
- Millennium Management opened 681 new positions and closed 810 in Q4 2024.
- Millennium Management's portfolio value fell 3% quarter-over-quarter to $205B.
Based on Millennium Management's 13F filing for Q4 2024, filed 14 Feb 2025.