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 | |
|---|---|---|---|---|---|---|
2601
BRC Inc
BRCC
$118M
| $5.7M | ﹤0.01% |
1,798,148
+1,637,357
| +1,018% | +$5.12M |
|
2602
CALL
Realty Income
O
$58.5B
| $5.69M | ﹤0.01% |
106,600
+8,500
| +9% | +$495K |
|
|
LINE
2603
Lineage Inc
LINE
$9.36B
| $5.69M | ﹤0.01% |
97,156
-89,860
| -48% | -$6.11M |
|
2604
Prudential
PUK
$34.8B
| $5.69M | ﹤0.01% |
356,748
+47,994
| +16% | +$804K |
|
2605
Camden Property Trust
CPT
$11.1B
| $5.68M | ﹤0.01% |
48,947
+4,650
| +10% | +$557K |
|
2606
ResMed
RMD
$32.5B
| $5.68M | ﹤0.01% |
24,827
-364,375
| -94% | -$87.7M |
|
2607
Madison Square Garden
MSGS
$9.42B
| $5.67M | ﹤0.01% |
25,141
-18,397
| -42% | -$4.11M |
|
|
DCH
2608
Dauch Corp
DCH
$1.42B
| $5.66M | ﹤0.01% |
971,079
+337,594
| +53% | +$2.11M |
|
2609
LiveRamp
RAMP
$2.3B
| $5.66M | ﹤0.01% |
186,247
-105,204
| -36% | -$2.94M |
|
2610
Nomura Holdings
NMR
$29B
| $5.64M | ﹤0.01% |
974,917
+397,415
| +69% | +$2.26M |
|
2611
NWPX Infrastructure Inc
NWPX
$1.2B
| $5.64M | ﹤0.01% |
116,792
+49,446
| +73% | +$2.47M |
|
2612
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $5.64M | ﹤0.01% |
59,028
-166,089
| -74% | -$16M |
|
2613
Box
BOX
$4.43B
| $5.63M | ﹤0.01% |
178,096
-125,804
| -41% | -$4.13M |
|
2614
OneSpaWorld
OSW
$2.7B
| $5.63M | ﹤0.01% |
282,797
-508,268
| -64% | -$9.43M |
|
|
CVAC
2615
DELISTED
CureVac
CVAC
| $5.62M | ﹤0.01% |
1,647,037
-771,136
| -32% | -$2.22M |
|
2616
Capital Southwest
CSWC
$1.52B
| $5.62M | ﹤0.01% |
+257,378
| New | +$6.06M |
|
2617
CALL
Iron Mountain
IRM
$37.8B
| $5.61M | ﹤0.01% |
53,400
+50,000
| +1,471% | +$5.87M |
|
2618
Oxford Industries
OXM
$580M
| $5.61M | ﹤0.01% |
71,234
-196,433
| -73% | -$15.4M |
|
2619
CALL
Chubb
CB
$136B
| $5.61M | ﹤0.01% |
20,300
-55,800
| -73% | -$15.8M |
|
2620
CALL
Baidu
BIDU
$37.7B
| $5.58M | ﹤0.01% |
66,200
+11,200
| +20% | +$1.02M |
|
2621
Virgin Galactic
SPCE
$371M
| $5.57M | ﹤0.01% |
946,956
+362,421
| +62% | +$2.41M |
|
2622
PUT
Monolithic Power Systems
MPWR
$66.1B
| $5.56M | ﹤0.01% |
9,400
-13,900
| -60% | -$10.1M |
|
|
SEM
2623
DELISTED
Select Medical
SEM
| $5.55M | ﹤0.01% |
294,642
+209,246
| +245% | +$4.03M |
|
|
EXAS
2624
CALL
DELISTED
Exact Sciences
EXAS
| $5.55M | ﹤0.01% |
98,800
+86,900
| +730% | +$5.41M |
|
2625
Pilgrim's Pride
PPC
$6.33B
| $5.54M | ﹤0.01% |
122,101
-35,444
| -22% | -$1.73M |
|
Similar funds
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.