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 | |
|---|---|---|---|---|---|---|
2926
PUT
Stellantis
STLA
$22.1B
| $3.95M | ﹤0.01% |
302,800
-1,592,300
| -84% | -$21.1M |
|
2927
Cognyte Software
CGNT
$685M
| $3.95M | ﹤0.01% |
456,546
+204,099
| +81% | +$1.54M |
|
2928
PUT
Builders FirstSource
BLDR
$7.8B
| $3.94M | ﹤0.01% |
27,600
-6,300
| -19% | -$1.11M |
|
2929
Magnolia Oil & Gas
MGY
$5.96B
| $3.94M | ﹤0.01% |
168,723
-34,030
| -17% | -$884K |
|
2930
Ares Capital
ARCC
$14.1B
| $3.93M | ﹤0.01% |
179,560
+125,583
| +233% | +$2.71M |
|
2931
Northwest Bancshares
NWBI
$2.32B
| $3.93M | ﹤0.01% |
297,942
+66,849
| +29% | +$927K |
|
2932
ATN International
ATNI
$379M
| $3.93M | ﹤0.01% |
233,683
-35,300
| -13% | -$826K |
|
2933
PUT
Cintas
CTAS
$81.6B
| $3.93M | ﹤0.01% |
21,500
-8,000
| -27% | -$1.68M |
|
2934
Hilltop Holdings
HTH
$2.28B
| $3.93M | ﹤0.01% |
137,098
+31,076
| +29% | +$971K |
|
2935
PUT
Doximity
DOCS
$3.95B
| $3.92M | ﹤0.01% |
73,500
+50,300
| +217% | +$2.46M |
|
2936
Clover Health Investments
CLOV
$2.28B
| $3.92M | ﹤0.01% |
1,245,701
+1,221,612
| +5,071% | +$4.37M |
|
2937
PUT
Generac Holdings
GNRC
$12.9B
| $3.92M | ﹤0.01% |
25,300
+7,600
| +43% | +$1.31M |
|
2938
CALL
Healthcare Services Group
HCSG
$1.61B
| $3.91M | ﹤0.01% |
+336,800
| New | +$3.84M |
|
2939
Spyre Therapeutics
SYRE
$9.11B
| $3.91M | ﹤0.01% |
+167,804
| New | +$4.92M |
|
2940
CALL
HubSpot
HUBS
$12.7B
| $3.9M | ﹤0.01% |
5,600
-4,300
| -43% | -$2.76M |
|
|
JBGS
2941
JBG SMITH
JBGS
$698M
| $3.9M | ﹤0.01% |
253,430
-170,313
| -40% | -$2.85M |
|
2942
Bioventus
BVS
$913M
| $3.89M | ﹤0.01% |
370,783
-60,811
| -14% | -$719K |
|
2943
Talkspace
TALK
$873M
| $3.89M | ﹤0.01% |
1,258,612
+179,996
| +17% | +$548K |
|
2944
PUT
SM Energy
SM
$7.66B
| $3.89M | ﹤0.01% |
100,300
-6,200
| -6% | -$262K |
|
2945
CALL
Molson Coors Class B
TAP
$7.93B
| $3.89M | ﹤0.01% |
67,800
-355,200
| -84% | -$20.7M |
|
|
AUTL
2946
Autolus Therapeutics
AUTL
$519M
| $3.89M | ﹤0.01% |
1,653,241
+790,437
| +92% | +$2.67M |
|
2947
PUT
Reddit
RDDT
$30.8B
| $3.87M | ﹤0.01% |
23,700
-5,400
| -19% | -$667K |
|
2948
PUT
Repligen
RGEN
$8.3B
| $3.87M | ﹤0.01% |
26,900
+14,100
| +110% | +$2.02M |
|
2949
Sensient Technologies
SXT
$5.41B
| $3.86M | ﹤0.01% |
54,235
+20,290
| +60% | +$1.56M |
|
2950
American Coastal Insurance
ACIC
$529M
| $3.86M | ﹤0.01% |
287,008
+76,148
| +36% | +$951K |
|
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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.