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 | |
|---|---|---|---|---|---|---|
3051
Ibotta
IBTA
$869M
| $3.5M | ﹤0.01% |
53,753
-29,206
| -35% | -$2.03M |
|
3052
Editas Medicine
EDIT
$425M
| $3.49M | ﹤0.01% |
2,747,082
-603,774
| -18% | -$1.54M |
|
3053
Magnite
MGNI
$2.99B
| $3.49M | ﹤0.01% |
218,966
+66,737
| +44% | +$979K |
|
3054
LegalZoom.com
LZ
$1.44B
| $3.48M | ﹤0.01% |
463,904
+163,245
| +54% | +$1.23M |
|
3055
Sturm, Ruger & Co
RGR
$625M
| $3.47M | ﹤0.01% |
98,102
+15,928
| +19% | +$620K |
|
3056
PUT
Exelixis
EXEL
$14.1B
| $3.47M | ﹤0.01% |
104,100
-99,100
| -49% | -$3.21M |
|
|
NVMI
3057
CALL
Nova
NVMI
$13.2B
| $3.47M | ﹤0.01% |
17,600
+16,300
| +1,254% | +$3.13M |
|
|
RGLS
3058
DELISTED
Regulus Therapeutics
RGLS
| $3.46M | ﹤0.01% |
2,192,158
+900,743
| +70% | +$1.38M |
|
|
MZTI
3059
PUT
The Marzetti Company
MZTI
$3.02B
| $3.46M | ﹤0.01% |
+20,000
| New | +$3.66M |
|
|
GAP
3060
PUT
The Gap Inc
GAP
$7.42B
| $3.45M | ﹤0.01% |
146,000
+100,900
| +224% | +$2.3M |
|
|
NVO
3061
PUT
Novo Nordisk
NVO
$196B
| $3.45M | ﹤0.01% |
40,100
-350,400
| -90% | -$37.9M |
|
3062
CALL
Pan American Silver
PAAS
$18.9B
| $3.44M | ﹤0.01% |
170,100
-400
| -0.2% | -$8.95K |
|
3063
CALL
American International
AIG
$42.1B
| $3.44M | ﹤0.01% |
47,200
-601,200
| -93% | -$45.2M |
|
3064
VanEck BDC Income ETF
BIZD
$1.64B
| $3.43M | ﹤0.01% |
+206,533
| New | +$3.41M |
|
3065
PUT
Yum! Brands
YUM
$40.3B
| $3.43M | ﹤0.01% |
25,600
+6,900
| +37% | +$933K |
|
3066
PUT
Texas Roadhouse
TXRH
$13.7B
| $3.43M | ﹤0.01% |
+19,000
| New | +$3.58M |
|
3067
PUT
Microchip Technology
MCHP
$43.8B
| $3.42M | ﹤0.01% |
59,700
-157,500
| -73% | -$10.8M |
|
3068
CALL
Cboe Global Markets
CBOE
$30.1B
| $3.42M | ﹤0.01% |
17,500
-5,800
| -25% | -$1.19M |
|
3069
CALL
Royalty Pharma
RPRX
$25.5B
| $3.41M | ﹤0.01% |
133,800
-74,500
| -36% | -$1.98M |
|
3070
CALL
Roku
ROKU
$21.9B
| $3.41M | ﹤0.01% |
45,900
+28,100
| +158% | +$2.13M |
|
3071
PUT
Moody's
MCO
$83.8B
| $3.41M | ﹤0.01% |
7,200
-900
| -11% | -$430K |
|
3072
Lemonade
LMND
$4.18B
| $3.41M | ﹤0.01% |
92,890
+37,398
| +67% | +$1.19M |
|
3073
Stepan Co
SCL
$1.45B
| $3.39M | ﹤0.01% |
52,461
-57,513
| -52% | -$4.26M |
|
3074
CALL
Digital Realty Trust
DLR
$71.7B
| $3.39M | ﹤0.01% |
19,100
-36,200
| -65% | -$6.42M |
|
|
SEE
3075
CALL
DELISTED
Sealed Air
SEE
| $3.38M | ﹤0.01% |
100,000
| – | – |
|
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.