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 | |
|---|---|---|---|---|---|---|
3001
Conduent
CNDT
$276M
| $3.69M | ﹤0.01% |
912,465
+340,283
| +59% | +$1.35M |
|
3002
CALL
APA Corp
APA
$12.7B
| $3.68M | ﹤0.01% |
159,400
+20,500
| +15% | +$479K |
|
3003
CALL
Carvana
CVNA
$74.8B
| $3.68M | ﹤0.01% |
90,500
-58,500
| -39% | -$2.63M |
|
3004
PUT
L3Harris
LHX
$53.1B
| $3.68M | ﹤0.01% |
17,500
+8,200
| +88% | +$1.97M |
|
3005
PUT
Pan American Silver
PAAS
$18.9B
| $3.68M | ﹤0.01% |
181,800
-400
| -0.2% | -$8.95K |
|
3006
NextNav
NN
$1.9B
| $3.67M | ﹤0.01% |
235,987
+71,559
| +44% | +$953K |
|
|
CWEN.A
3007
DELISTED
Clearway Energy Class A
CWEN.A
| $3.66M | ﹤0.01% |
149,712
-138,696
| -48% | -$3.59M |
|
3008
CALL
DraftKings
DKNG
$11.7B
| $3.66M | ﹤0.01% |
98,300
-75,500
| -43% | -$3M |
|
|
FFIC
3009
DELISTED
Flushing Financial
FFIC
| $3.66M | ﹤0.01% |
256,067
+196,907
| +333% | +$3.14M |
|
3010
CALL
e.l.f. Beauty
ELF
$5.18B
| $3.65M | ﹤0.01% |
29,100
+12,300
| +73% | +$1.48M |
|
3011
Korro Bio
KRRO
$164M
| $3.65M | ﹤0.01% |
95,808
+23,547
| +33% | +$1.21M |
|
|
BFS
3012
Saul Centers
BFS
$838M
| $3.65M | ﹤0.01% |
93,981
-47,357
| -34% | -$1.9M |
|
3013
Immunovant
IMVT
$8.08B
| $3.64M | ﹤0.01% |
147,097
-229,410
| -61% | -$6.51M |
|
3014
PUT
Caesars Entertainment
CZR
$6.14B
| $3.64M | ﹤0.01% |
108,900
-75,500
| -41% | -$2.99M |
|
|
SA
3015
Seabridge Gold
SA
$2.94B
| $3.64M | ﹤0.01% |
318,803
+175,078
| +122% | +$2.7M |
|
3016
CALL
West Pharmaceutical
WST
$24.5B
| $3.64M | ﹤0.01% |
11,100
+5,000
| +82% | +$1.57M |
|
|
ARDT
3017
CALL
Ardent Health
ARDT
$1.54B
| $3.63M | ﹤0.01% |
+212,700
| New | +$3.69M |
|
3018
Riskified
RSKD
$696M
| $3.63M | ﹤0.01% |
766,977
+483,975
| +171% | +$2.24M |
|
3019
PUT
Parker-Hannifin
PH
$125B
| $3.63M | ﹤0.01% |
5,700
-6,500
| -53% | -$4.3M |
|
3020
Associated Banc-Corp
ASB
$5.99B
| $3.61M | ﹤0.01% |
151,242
-164,508
| -52% | -$4.03M |
|
3021
Live Oak Bancshares
LOB
$2.02B
| $3.6M | ﹤0.01% |
91,044
-127,687
| -58% | -$5.75M |
|
|
FNA
3022
DELISTED
Paragon 28, Inc.
FNA
| $3.6M | ﹤0.01% |
+348,306
| New | +$2.81M |
|
3023
PUT
Southern Company
SO
$107B
| $3.6M | ﹤0.01% |
43,700
-81,300
| -65% | -$7.13M |
|
3024
Metallus
MTUS
$897M
| $3.59M | ﹤0.01% |
+254,043
| New | +$3.84M |
|
3025
Colliers International
CIGI
$5.06B
| $3.59M | ﹤0.01% |
+26,393
| New | +$3.9M |
|
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.