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 | |
|---|---|---|---|---|---|---|
2826
Buckle
BKE
$2.36B
| $4.39M | ﹤0.01% |
86,358
+66,886
| +343% | +$3.16M |
|
2827
PUT
Keurig Dr Pepper
KDP
$42.2B
| $4.39M | ﹤0.01% |
136,600
-136,800
| -50% | -$4.63M |
|
2828
LifeMD
LFMD
$186M
| $4.39M | ﹤0.01% |
885,987
+129,327
| +17% | +$678K |
|
2829
Tyra Biosciences
TYRA
$1.59B
| $4.38M | ﹤0.01% |
315,141
+304,637
| +2,900% | +$5.53M |
|
2830
Watts Water Technologies
WTS
$12B
| $4.38M | ﹤0.01% |
21,542
-74,069
| -77% | -$15.4M |
|
|
CMA
2831
CALL
DELISTED
Comerica
CMA
| $4.37M | ﹤0.01% |
70,700
-80,600
| -53% | -$5.24M |
|
2832
Phibro Animal Health
PAHC
$1.44B
| $4.36M | ﹤0.01% |
207,749
+145,359
| +233% | +$3.36M |
|
2833
CALL
Acadia Healthcare
ACHC
$3.02B
| $4.36M | ﹤0.01% |
110,000
+105,000
| +2,100% | +$4.74M |
|
2834
Globalstar
GSAT
$10.7B
| $4.36M | ﹤0.01% |
140,380
+32,715
| +30% | +$809K |
|
2835
CALL
iShares US Real Estate ETF
IYR
$4.65B
| $4.36M | ﹤0.01% |
46,800
-3,100
| -6% | -$306K |
|
2836
Laureate Education
LAUR
$5.26B
| $4.35M | ﹤0.01% |
237,632
+115,606
| +95% | +$2.03M |
|
2837
Ameresco
AMRC
$1.43B
| $4.35M | ﹤0.01% |
185,054
-203,179
| -52% | -$5.87M |
|
2838
PUT
Peabody Energy
BTU
$2.78B
| $4.35M | ﹤0.01% |
207,500
+127,000
| +158% | +$3.14M |
|
2839
AbCellera Biologics
ABCL
$1.82B
| $4.34M | ﹤0.01% |
1,482,715
+728,828
| +97% | +$2.03M |
|
2840
Casella Waste Systems
CWST
$5.71B
| $4.34M | ﹤0.01% |
41,035
-141,635
| -78% | -$15M |
|
2841
CALL
HP
HPQ
$26.6B
| $4.34M | ﹤0.01% |
133,000
-109,700
| -45% | -$3.94M |
|
2842
PUT
Skyworks Solutions
SWKS
$10B
| $4.34M | ﹤0.01% |
48,900
-25,300
| -34% | -$2.3M |
|
|
NETDU
2843
DELISTED
Nabors Energy Transition Corp II Unit
NETDU
| $4.34M | ﹤0.01% |
400,000
| – | – |
|
2844
CALL
Quanta Services
PWR
$104B
| $4.33M | ﹤0.01% |
13,700
-1,100
| -7% | -$354K |
|
2845
CALL
Norwegian Cruise Line
NCLH
$9.34B
| $4.32M | ﹤0.01% |
168,000
-17,800
| -10% | -$450K |
|
2846
Innodata
INOD
$2.29B
| $4.31M | ﹤0.01% |
109,135
+96,135
| +740% | +$3.03M |
|
2847
PUT
Knight Transportation
KNX
$11.6B
| $4.31M | ﹤0.01% |
81,200
+29,600
| +57% | +$1.61M |
|
|
FOLD
2848
DELISTED
Amicus Therapeutics
FOLD
| $4.31M | ﹤0.01% |
457,014
+44,449
| +11% | +$462K |
|
2849
CALL
Kenvue
KVUE
$37.5B
| $4.3M | ﹤0.01% |
201,300
-7,300
| -3% | -$166K |
|
2850
Perella Weinberg Partners
PWP
$1.27B
| $4.29M | ﹤0.01% |
180,031
+59,672
| +50% | +$1.38M |
|
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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.