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 | |
|---|---|---|---|---|---|---|
3476
StealthGas
GASS
$329M
| $2.15M | ﹤0.01% |
380,088
-14,365
| -4% | -$84K |
|
3477
TaskUs
TASK
$582M
| $2.15M | ﹤0.01% |
126,676
-154,903
| -55% | -$2.22M |
|
3478
PUT
TE Connectivity
TEL
$59.4B
| $2.14M | ﹤0.01% |
15,000
+1,000
| +7% | +$149K |
|
3479
PUT
Range Resources
RRC
$9.43B
| $2.14M | ﹤0.01% |
59,600
| – | – |
|
3480
Central Garden & Pet Co Class A
CENTA
$2.39B
| $2.14M | ﹤0.01% |
64,806
-110,270
| -63% | -$3.51M |
|
|
HDL
3481
Super Hi International Holding
HDL
$777M
| $2.14M | ﹤0.01% |
74,007
-68,652
| -48% | -$1.35M |
|
3482
CALL
Fastenal
FAST
$55.2B
| $2.14M | ﹤0.01% |
59,400
-82,000
| -58% | -$3.2M |
|
3483
CALL
Hershey
HSY
$35.7B
| $2.13M | ﹤0.01% |
12,600
-200
| -2% | -$35.9K |
|
3484
Dream Finders Homes
DFH
$1.18B
| $2.13M | ﹤0.01% |
91,636
-26,924
| -23% | -$823K |
|
3485
Freedom Holding
FRHC
$9.73B
| $2.13M | ﹤0.01% |
+16,301
| New | +$1.87M |
|
3486
PUT
Sanofi
SNY
$103B
| $2.13M | ﹤0.01% |
44,100
-108,700
| -71% | -$5.53M |
|
3487
PUT
Cummins
CMI
$89.5B
| $2.13M | ﹤0.01% |
6,100
-4,900
| -45% | -$1.72M |
|
3488
State Street Industrial Select Sector SPDR ETF
XLI
$33.3B
| $2.12M | ﹤0.01% |
16,114
-26,869
| -63% | -$3.7M |
|
3489
PUT
Williams Companies
WMB
$86.1B
| $2.12M | ﹤0.01% |
39,100
+27,400
| +234% | +$1.48M |
|
3490
CALL
Insulet
PODD
$11.8B
| $2.11M | ﹤0.01% |
8,100
-7,000
| -46% | -$1.76M |
|
3491
VanEck Junior Gold Miners ETF
GDXJ
$7.09B
| $2.11M | ﹤0.01% |
49,373
-34,184
| -41% | -$1.66M |
|
3492
PUT
Sysco
SYY
$40.7B
| $2.11M | ﹤0.01% |
27,600
-28,000
| -50% | -$2.14M |
|
3493
CALL
Arvinas
ARVN
$520M
| $2.11M | ﹤0.01% |
110,000
+90,000
| +450% | +$2.19M |
|
3494
CALL
CF Industries
CF
$18.2B
| $2.11M | ﹤0.01% |
24,700
-60,200
| -71% | -$5.21M |
|
3495
Gold Fields
GFI
$30.4B
| $2.1M | ﹤0.01% |
159,139
-59,771
| -27% | -$910K |
|
3496
nLIGHT
LASR
$3.95B
| $2.1M | ﹤0.01% |
200,083
-466,191
| -70% | -$5.19M |
|
|
BWIN
3497
Baldwin Insurance Group
BWIN
$2.85B
| $2.09M | ﹤0.01% |
+53,980
| New | +$2.52M |
|
3498
F&G Annuities & Life
FG
$3.85B
| $2.09M | ﹤0.01% |
50,443
+38,185
| +312% | +$1.68M |
|
3499
CenterPoint Energy
CNP
$27.6B
| $2.09M | ﹤0.01% |
65,802
-634,606
| -91% | -$19.5M |
|
3500
PUT
GSK
GSK
$103B
| $2.09M | ﹤0.01% |
61,700
-546,400
| -90% | -$19.7M |
|
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.