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 | |
|---|---|---|---|---|---|---|
3301
Sphere Entertainment
SPHR
$5.29B
| $2.6M | ﹤0.01% |
64,519
-260,555
| -80% | -$10.9M |
|
3302
Pathward Financial
CASH
$1.92B
| $2.6M | ﹤0.01% |
35,337
-10,093
| -22% | -$769K |
|
3303
CALL
Copart
CPRT
$27.2B
| $2.6M | ﹤0.01% |
45,300
+30,600
| +208% | +$1.74M |
|
3304
PUT
Vale
VALE
$62B
| $2.6M | ﹤0.01% |
292,600
-2,483,300
| -89% | -$25.3M |
|
3305
NETGEAR
NTGR
$648M
| $2.6M | ﹤0.01% |
93,112
-61,222
| -40% | -$1.44M |
|
3306
PUT
Stanley Black & Decker
SWK
$14.8B
| $2.59M | ﹤0.01% |
32,300
-4,300
| -12% | -$399K |
|
3307
Tencent Music
TME
$15.6B
| $2.59M | ﹤0.01% |
228,457
-1,147,989
| -83% | -$13.6M |
|
3308
PUT
BILL Holdings
BILL
$4.7B
| $2.59M | ﹤0.01% |
30,600
| – | – |
|
|
ORGN
3309
DELISTED
Origin Materials
ORGN
| $2.59M | ﹤0.01% |
67,371
+25,054
| +59% | +$951K |
|
3310
Element Solutions
ESI
$9.18B
| $2.59M | ﹤0.01% |
101,672
-241,384
| -70% | -$6.53M |
|
3311
PUT
AeroVironment
AVAV
$8.06B
| $2.59M | ﹤0.01% |
16,800
+6,300
| +60% | +$1.23M |
|
3312
PUT
Sarepta Therapeutics
SRPT
$1.68B
| $2.58M | ﹤0.01% |
21,200
-11,500
| -35% | -$1.41M |
|
3313
Clearway Energy Class C
CWEN
$4.99B
| $2.57M | ﹤0.01% |
98,983
-538,214
| -84% | -$14.9M |
|
3314
PUT
Unity
U
$14.6B
| $2.57M | ﹤0.01% |
114,500
-52,400
| -31% | -$1.17M |
|
3315
CALL
ADMA Biologics
ADMA
$2.03B
| $2.57M | ﹤0.01% |
+150,000
| New | +$2.82M |
|
3316
NBT Bancorp
NBTB
$2.75B
| $2.57M | ﹤0.01% |
53,772
+9,526
| +22% | +$453K |
|
|
UHT
3317
Universal Health Realty Income Trust
UHT
$592M
| $2.57M | ﹤0.01% |
68,986
-40,245
| -37% | -$1.64M |
|
3318
CALL
Atmos Energy
ATO
$28.9B
| $2.56M | ﹤0.01% |
+18,400
| New | +$2.62M |
|
3319
iShares 20+ Year Treasury Bond ETF
TLT
$41.4B
| $2.56M | ﹤0.01% |
29,274
-303,292
| -91% | -$27.9M |
|
3320
CEMIG Preferred Shares
CIG
$6.24B
| $2.55M | ﹤0.01% |
1,443,439
+586,389
| +68% | +$1.14M |
|
3321
Global X Silver Miners ETF NEW
SIL
$4.07B
| $2.55M | ﹤0.01% |
80,232
+32,112
| +67% | +$1.18M |
|
|
PCSC
3322
DELISTED
Perceptive Capital Solutions
PCSC
| $2.54M | ﹤0.01% |
250,000
| – | – |
|
3323
Karat Packaging
KRT
$814M
| $2.54M | ﹤0.01% |
84,038
+43,740
| +109% | +$1.26M |
|
3324
CALL
Leidos
LDOS
$14.9B
| $2.54M | ﹤0.01% |
+17,600
| New | +$2.93M |
|
3325
MarineMax
HZO
$774M
| $2.53M | ﹤0.01% |
87,564
-124,994
| -59% | -$3.84M |
|
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.