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 | |
|---|---|---|---|---|---|---|
|
IBTX
2651
DELISTED
Independent Bank Group, Inc.
IBTX
| $5.38M | ﹤0.01% |
88,727
-167,830
| -65% | -$10.4M |
|
2652
MGIC Investment
MTG
$6.27B
| $5.38M | ﹤0.01% |
226,963
-564,028
| -71% | -$14.1M |
|
2653
PUT
Crocs
CROX
$6.58B
| $5.38M | ﹤0.01% |
49,100
+7,300
| +17% | +$849K |
|
2654
Global X Copper Miners ETF NEW
COPX
$8.04B
| $5.37M | ﹤0.01% |
140,522
-162,331
| -54% | -$7.02M |
|
2655
CVR Energy
CVI
$3.14B
| $5.36M | ﹤0.01% |
286,100
+264,143
| +1,203% | +$5.34M |
|
2656
PUT
Virtu Financial
VIRT
$5.16B
| $5.35M | ﹤0.01% |
+150,000
| New | +$5.16M |
|
|
AHRT
2657
AH Realty Trust
AHRT
$527M
| $5.34M | ﹤0.01% |
521,893
+28,227
| +6% | +$307K |
|
2658
PUT
National Beverage
FIZZ
$3.02B
| $5.34M | ﹤0.01% |
+125,100
| New | +$5.84M |
|
2659
BJ's Restaurants
BJRI
$1.44B
| $5.34M | ﹤0.01% |
151,851
-203,110
| -57% | -$7.2M |
|
2660
Collegium Pharmaceutical
COLL
$1.16B
| $5.33M | ﹤0.01% |
185,918
+51,972
| +39% | +$1.72M |
|
2661
CALL
Ally Financial
ALLY
$13.6B
| $5.32M | ﹤0.01% |
147,800
+101,800
| +221% | +$3.7M |
|
2662
PUT
Sony
SONY
$132B
| $5.31M | ﹤0.01% |
251,000
-1,106,000
| -82% | -$21.5M |
|
2663
PubMatic
PUBM
$627M
| $5.31M | ﹤0.01% |
361,381
+156,095
| +76% | +$2.42M |
|
2664
Palo Alto Networks
PANW
$296B
| $5.31M | ﹤0.01% |
29,170
-445,078
| -94% | -$84.1M |
|
2665
Healthcare Realty
HR
$7.07B
| $5.31M | ﹤0.01% |
313,129
-1,710,873
| -85% | -$30.1M |
|
2666
CALL
Align Technology
ALGN
$12.5B
| $5.3M | ﹤0.01% |
25,400
-73,700
| -74% | -$16.5M |
|
2667
PUT
Dynatrace
DT
$14.8B
| $5.29M | ﹤0.01% |
97,300
+39,600
| +69% | +$2.16M |
|
2668
CALL
HCA Healthcare
HCA
$88.7B
| $5.28M | ﹤0.01% |
17,600
-92,300
| -84% | -$32.3M |
|
2669
PUT
Estee Lauder
EL
$31.5B
| $5.28M | ﹤0.01% |
70,400
-20,900
| -23% | -$1.65M |
|
|
GRAL
2670
GRAIL Inc
GRAL
$3.18B
| $5.28M | ﹤0.01% |
295,523
+87,136
| +42% | +$1.42M |
|
2671
CALL
W.W. Grainger
GWW
$60.7B
| $5.27M | ﹤0.01% |
5,000
-800
| -14% | -$901K |
|
2672
QuinStreet
QNST
$889M
| $5.26M | ﹤0.01% |
228,076
-743,115
| -77% | -$15.6M |
|
2673
PUT
Southwest Airlines
LUV
$23.9B
| $5.26M | ﹤0.01% |
156,400
-48,500
| -24% | -$1.55M |
|
2674
PUT
Dow Inc
DOW
$21.4B
| $5.26M | ﹤0.01% |
131,000
-24,800
| -16% | -$1.16M |
|
2675
PUT
Modine Manufacturing
MOD
$10.3B
| $5.25M | ﹤0.01% |
45,300
| – | – |
|
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.