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 | |
|---|---|---|---|---|---|---|
3226
Westamerica Bancorp
WABC
$1.39B
| $2.9M | ﹤0.01% |
55,310
+1,647
| +3% | +$88.1K |
|
3227
Zentalis Pharmaceuticals
ZNTL
$331M
| $2.9M | ﹤0.01% |
957,563
+71,477
| +8% | +$234K |
|
3228
CALL
Option Care Health
OPCH
$3.55B
| $2.9M | ﹤0.01% |
+125,000
| New | +$3.16M |
|
3229
Uranium Energy
UEC
$4.93B
| $2.89M | ﹤0.01% |
431,880
-468,310
| -52% | -$3.58M |
|
3230
PUT
CDW
CDW
$18.9B
| $2.89M | ﹤0.01% |
16,600
-21,100
| -56% | -$4.1M |
|
3231
Weyerhaeuser
WY
$18.2B
| $2.89M | ﹤0.01% |
102,544
-13,068
| -11% | -$408K |
|
3232
Clean Energy Fuels
CLNE
$410M
| $2.89M | ﹤0.01% |
1,149,914
+335,694
| +41% | +$953K |
|
3233
Midland States Bancorp
MSBI
$711M
| $2.89M | ﹤0.01% |
118,250
-103,331
| -47% | -$2.59M |
|
|
HOLX
3234
CALL
DELISTED
Hologic
HOLX
| $2.88M | ﹤0.01% |
40,000
-260,000
| -87% | -$20.3M |
|
3235
Solid Biosciences
SLDB
$790M
| $2.88M | ﹤0.01% |
719,776
-397,321
| -36% | -$2.18M |
|
|
WRD
3236
WeRide Inc
WRD
$1.94B
| $2.88M | ﹤0.01% |
+202,858
| New | +$3.33M |
|
3237
CALL
Alkermes
ALKS
$8.31B
| $2.88M | ﹤0.01% |
+100,000
| New | +$2.87M |
|
3238
PUT
Ameriprise Financial
AMP
$48.8B
| $2.88M | ﹤0.01% |
5,400
+900
| +20% | +$480K |
|
3239
Global X Uranium ETF
URA
$5.66B
| $2.87M | ﹤0.01% |
107,347
-213,899
| -67% | -$6.54M |
|
3240
Graphic Packaging
GPK
$3.36B
| $2.87M | ﹤0.01% |
105,601
+54,466
| +107% | +$1.58M |
|
|
SPKLU
3241
Spark I Acquisition Corp Unit
SPKLU
| $2.87M | ﹤0.01% |
250,000
| – | – |
|
3242
RingCentral
RNG
$4.81B
| $2.87M | ﹤0.01% |
81,891
-49,868
| -38% | -$1.79M |
|
3243
CALL
American Water Works
AWK
$26.1B
| $2.86M | ﹤0.01% |
+23,000
| New | +$3.1M |
|
3244
PUT
Macy's
M
$6.83B
| $2.86M | ﹤0.01% |
168,900
+10,000
| +6% | +$159K |
|
3245
Donaldson
DCI
$11.1B
| $2.85M | ﹤0.01% |
42,374
-443,914
| -91% | -$32.7M |
|
3246
Unitil
UTL
$963M
| $2.85M | ﹤0.01% |
52,661
+47,921
| +1,011% | +$2.78M |
|
|
JKS
3247
JinkoSolar
JKS
$824M
| $2.85M | ﹤0.01% |
+114,302
| New | +$2.79M |
|
3248
Academy Sports + Outdoors
ASO
$3.01B
| $2.84M | ﹤0.01% |
49,341
-366,225
| -88% | -$19.3M |
|
3249
PUT
Colgate-Palmolive
CL
$71.6B
| $2.84M | ﹤0.01% |
31,200
+13,300
| +74% | +$1.27M |
|
|
KREF
3250
KKR Real Estate Finance Trust
KREF
$465M
| $2.83M | ﹤0.01% |
280,650
+81,028
| +41% | +$929K |
|
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.