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 | |
|---|---|---|---|---|---|---|
3251
PUT
Equinix
EQIX
$102B
| $2.83M | ﹤0.01% |
3,000
-3,100
| -51% | -$2.85M |
|
3252
Orthofix Medical
OFIX
$497M
| $2.82M | ﹤0.01% |
161,308
-33,052
| -17% | -$575K |
|
3253
PUT
Best Buy
BBY
$17.8B
| $2.81M | ﹤0.01% |
32,800
-35,400
| -52% | -$3.23M |
|
3254
Ethan Allen Interiors
ETD
$604M
| $2.81M | ﹤0.01% |
100,032
-237,086
| -70% | -$7.03M |
|
|
VTYX
3255
DELISTED
Ventyx Biosciences
VTYX
| $2.81M | ﹤0.01% |
1,281,629
+1,008,760
| +370% | +$2.29M |
|
3256
Sociedad Química y Minera de Chile
SQM
$19.5B
| $2.8M | ﹤0.01% |
77,024
-252,089
| -77% | -$9.87M |
|
3257
Heritage Insurance Holdings
HRTG
$903M
| $2.79M | ﹤0.01% |
230,975
-139,757
| -38% | -$1.61M |
|
|
SGMO
3258
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.79M | ﹤0.01% |
2,739,666
+828,337
| +43% | +$1.51M |
|
3259
PUT
Archer Daniels Midland
ADM
$37.6B
| $2.79M | ﹤0.01% |
55,300
-43,600
| -44% | -$2.36M |
|
3260
Tactile Systems Technology
TCMD
$672M
| $2.79M | ﹤0.01% |
+163,062
| New | +$2.62M |
|
3261
Kyverna Therapeutics
KYTX
$468M
| $2.79M | ﹤0.01% |
746,521
-507,035
| -40% | -$2.43M |
|
3262
Pagaya Technologies
PGY
$1.87B
| $2.79M | ﹤0.01% |
300,469
-70,994
| -19% | -$749K |
|
3263
CALL
Corteva
CTVA
$50.6B
| $2.79M | ﹤0.01% |
49,000
-11,400
| -19% | -$674K |
|
3264
Upwork
UPWK
$1.16B
| $2.78M | ﹤0.01% |
170,179
-85,351
| -33% | -$1.23M |
|
3265
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.39B
| $2.78M | ﹤0.01% |
66,000
+40,400
| +158% | +$1.87M |
|
|
STR
3266
DELISTED
Sitio Royalties
STR
| $2.77M | ﹤0.01% |
144,583
+108,849
| +305% | +$2.43M |
|
3267
Quantum Computing Inc
QUBT
$2.03B
| $2.77M | ﹤0.01% |
+167,515
| New | +$920K |
|
3268
PUT
Chubb
CB
$133B
| $2.76M | ﹤0.01% |
10,000
-68,200
| -87% | -$19.4M |
|
3269
PUT
Avis
CAR
$4.78B
| $2.76M | ﹤0.01% |
34,200
+1,800
| +6% | +$164K |
|
3270
CALL
LyondellBasell Industries
LYB
$19.1B
| $2.76M | ﹤0.01% |
37,100
-132,300
| -78% | -$11.1M |
|
3271
PUT
Martin Marietta Materials
MLM
$32.5B
| $2.74M | ﹤0.01% |
5,300
+600
| +13% | +$340K |
|
3272
Ambev
ABEV
$46.8B
| $2.73M | ﹤0.01% |
1,476,906
-3,115,927
| -68% | -$6.89M |
|
3273
GrafTech
EAF
$201M
| $2.73M | ﹤0.01% |
157,899
-20,502
| -11% | -$382K |
|
3274
Neumora Therapeutics
NMRA
$309M
| $2.73M | ﹤0.01% |
+257,430
| New | +$3.09M |
|
3275
iShares Broad USD High Yield Corporate Bond ETF
USHY
$28.6B
| $2.73M | ﹤0.01% |
74,120
+46,969
| +173% | +$1.75M |
|
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.