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 | |
|---|---|---|---|---|---|---|
|
CDMO
2776
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $4.63M | ﹤0.01% |
375,049
-3,813,954
| -91% | -$43.7M |
|
2777
RLI Corp
RLI
$5.71B
| $4.61M | ﹤0.01% |
55,992
-214,146
| -79% | -$17.8M |
|
2778
Nu Skin
NUS
$251M
| $4.6M | ﹤0.01% |
668,128
-628,462
| -48% | -$4.32M |
|
2779
Iris Energy
IREN
$14B
| $4.6M | ﹤0.01% |
468,412
-1,356,099
| -74% | -$14.5M |
|
2780
Merchants Bancorp
MBIN
$2.57B
| $4.6M | ﹤0.01% |
126,087
+85,948
| +214% | +$3.47M |
|
|
AGNT
2781
AGNT Inc
AGNT
$669M
| $4.6M | ﹤0.01% |
399,402
-499,397
| -56% | -$6.58M |
|
2782
Inter&Co
INTR
$2.57B
| $4.59M | ﹤0.01% |
+1,086,740
| New | +$6.09M |
|
2783
PUT
Cardinal Health
CAH
$55.9B
| $4.58M | ﹤0.01% |
38,700
-158,100
| -80% | -$18.5M |
|
2784
CALL
Toyota
TM
$220B
| $4.57M | ﹤0.01% |
23,500
-12,800
| -35% | -$2.25M |
|
2785
CALL
FTAI Aviation
FTAI
$23.3B
| $4.57M | ﹤0.01% |
31,700
-5,200
| -14% | -$767K |
|
2786
Autohome
ATHM
$2.65B
| $4.57M | ﹤0.01% |
175,920
-93,307
| -35% | -$2.69M |
|
2787
Corbus Pharmaceuticals
CRBP
$177M
| $4.56M | ﹤0.01% |
386,653
+283,902
| +276% | +$4.76M |
|
2788
Halozyme
HALO
$9.85B
| $4.56M | ﹤0.01% |
95,424
+68,505
| +254% | +$3.51M |
|
2789
PUT
TransDigm Group
TDG
$69.5B
| $4.56M | ﹤0.01% |
3,600
-2,100
| -37% | -$2.77M |
|
2790
Littelfuse
LFUS
$11.8B
| $4.54M | ﹤0.01% |
19,253
+17,128
| +806% | +$4.27M |
|
2791
Unisys
UIS
$213M
| $4.54M | ﹤0.01% |
716,541
+61,766
| +9% | +$431K |
|
2792
Lindblad Expeditions
LIND
$2.24B
| $4.53M | ﹤0.01% |
381,900
-127,464
| -25% | -$1.46M |
|
|
VCIC
2793
DELISTED
Vine Hill Capital Investment Corp
VCIC
| $4.52M | ﹤0.01% |
+450,000
| New | +$4.5M |
|
2794
Grupo Aeroportuario del Sureste
ASR
$8.21B
| $4.52M | ﹤0.01% |
17,553
+10,778
| +159% | +$2.89M |
|
2795
PUT
Baxter International
BAX
$14.2B
| $4.52M | ﹤0.01% |
155,000
-6,700
| -4% | -$226K |
|
2796
GeneDx Holdings
WGS
$2.08B
| $4.52M | ﹤0.01% |
58,803
-515,633
| -90% | -$36M |
|
|
MLACU
2797
DELISTED
Mountain Lake Acquisition Corp Units
MLACU
| $4.51M | ﹤0.01% |
+450,000
| New | +$4.51M |
|
|
IMSR
2798
Terrestrial Energy
IMSR
$557M
| $4.51M | ﹤0.01% |
+450,000
| New | +$4.5M |
|
2799
Blend Labs
BLND
$489M
| $4.51M | ﹤0.01% |
1,070,922
+728,533
| +213% | +$3.13M |
|
|
HOUS
2800
DELISTED
Anywhere Real Estate
HOUS
| $4.51M | ﹤0.01% |
1,366,094
-915,227
| -40% | -$3.92M |
|
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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.