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 | |
|---|---|---|---|---|---|---|
|
UCTT
2576
Ultra Clean Holdings
UCTT
$3.6B
| $5.85M | ﹤0.01% |
162,791
-100,205
| -38% | -$3.71M |
|
2577
New Mountain Finance
NMFC
$694M
| $5.85M | ﹤0.01% |
519,532
+262,631
| +102% | +$3.03M |
|
|
SVM
2578
Silvercorp Metals
SVM
$2.39B
| $5.85M | ﹤0.01% |
1,948,174
+556,594
| +40% | +$2.2M |
|
2579
CALL
Etsy
ETSY
$8.15B
| $5.84M | ﹤0.01% |
110,500
-17,000
| -13% | -$906K |
|
2580
PUT
iShares Silver Trust
SLV
$29.9B
| $5.84M | ﹤0.01% |
221,900
+182,100
| +458% | +$5.2M |
|
|
P
2581
PUT
Everpure Inc
P
$27.8B
| $5.84M | ﹤0.01% |
95,000
-3,700
| -4% | -$206K |
|
2582
Oportun Financial
OPRT
$278M
| $5.83M | ﹤0.01% |
1,502,970
+104,186
| +7% | +$336K |
|
2583
CALL
American Airlines Group
AAL
$11B
| $5.82M | ﹤0.01% |
334,000
+86,900
| +35% | +$1.25M |
|
2584
Stoneridge
SRI
$211M
| $5.81M | ﹤0.01% |
926,540
+755,223
| +441% | +$5.8M |
|
2585
GATX Corp
GATX
$6.34B
| $5.8M | ﹤0.01% |
37,442
+27,140
| +263% | +$4.04M |
|
2586
PUT
Lincoln National
LNC
$8.98B
| $5.8M | ﹤0.01% |
182,800
+9,600
| +6% | +$320K |
|
2587
Puma Biotechnology
PBYI
$407M
| $5.78M | ﹤0.01% |
1,894,126
-986,762
| -34% | -$2.87M |
|
2588
CONMED
CNMD
$1.48B
| $5.78M | ﹤0.01% |
84,388
-35,544
| -30% | -$2.48M |
|
|
PARA
2589
CALL
DELISTED
Paramount Global Class B
PARA
| $5.77M | ﹤0.01% |
551,600
+213,800
| +63% | +$2.3M |
|
|
CAN
2590
Canaan Creative
CAN
$147M
| $5.76M | ﹤0.01% |
2,808,545
+1,637,019
| +140% | +$2.77M |
|
2591
Global Net Lease
GNL
$1.82B
| $5.76M | ﹤0.01% |
788,516
+502,469
| +176% | +$3.86M |
|
2592
United Natural Foods
UNFI
$2.91B
| $5.75M | ﹤0.01% |
210,561
-164,646
| -44% | -$3.79M |
|
2593
PUT
Becton Dickinson
BDX
$47B
| $5.74M | ﹤0.01% |
25,300
-209,500
| -89% | -$48.4M |
|
2594
PUT
Universal Display
OLED
$3.95B
| $5.73M | ﹤0.01% |
39,200
-27,000
| -41% | -$4.81M |
|
2595
PUT
Norfolk Southern
NSC
$76.8B
| $5.73M | ﹤0.01% |
24,400
+4,700
| +24% | +$1.19M |
|
2596
Materion
MTRN
$6.18B
| $5.73M | ﹤0.01% |
57,907
+43,083
| +291% | +$4.68M |
|
2597
PUT
Las Vegas Sands
LVS
$29.7B
| $5.71M | ﹤0.01% |
111,200
-135,000
| -55% | -$7M |
|
2598
Olema Pharmaceuticals
OLMA
$1.01B
| $5.71M | ﹤0.01% |
979,219
+901,159
| +1,154% | +$9M |
|
2599
Capitol Federal Financial
CFFN
$1.12B
| $5.71M | ﹤0.01% |
965,952
-154,494
| -14% | -$985K |
|
|
GMS
2600
DELISTED
GMS Inc
GMS
| $5.71M | ﹤0.01% |
67,261
-328,878
| -83% | -$30.9M |
|
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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.