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 | |
|---|---|---|---|---|---|---|
3501
CALL
Robinhood
HOOD
$81.2B
| $2.08M | ﹤0.01% |
55,900
-120,300
| -68% | -$3.88M |
|
3502
Turkcell
TKC
$4.81B
| $2.08M | ﹤0.01% |
+319,812
| New | +$2.08M |
|
3503
Build-A-Bear
BBW
$424M
| $2.08M | ﹤0.01% |
45,217
-59,791
| -57% | -$2.32M |
|
3504
Steven Madden
SHOO
$3.48B
| $2.07M | ﹤0.01% |
+48,572
| New | +$2.19M |
|
3505
Avnet
AVT
$7.29B
| $2.06M | ﹤0.01% |
39,442
-274,896
| -87% | -$14.9M |
|
|
ESGR
3506
PUT
DELISTED
Enstar Group
ESGR
| $2.06M | ﹤0.01% |
+6,400
| New | +$2.07M |
|
3507
SSR Mining
SSRM
$5.6B
| $2.05M | ﹤0.01% |
294,699
-552,932
| -65% | -$3.44M |
|
3508
PUT
Illinois Tool Works
ITW
$83B
| $2.05M | ﹤0.01% |
8,100
-4,300
| -35% | -$1.14M |
|
3509
Xponential Fitness
XPOF
$278M
| $2.05M | ﹤0.01% |
152,670
-303,568
| -67% | -$4.18M |
|
3510
Rapid7
RPD
$680M
| $2.05M | ﹤0.01% |
51,022
-2,295
| -4% | -$93.1K |
|
|
ODP
3511
DELISTED
ODP
ODP
| $2.05M | ﹤0.01% |
90,234
+46,800
| +108% | +$1.3M |
|
3512
SFL Corp
SFL
$1.65B
| $2.05M | ﹤0.01% |
200,699
-257,533
| -56% | -$2.75M |
|
|
LAND
3513
Gladstone Land Corp
LAND
$348M
| $2.05M | ﹤0.01% |
+189,020
| New | +$2.34M |
|
3514
PUT
Otis Worldwide
OTIS
$27.5B
| $2.05M | ﹤0.01% |
22,100
+5,900
| +36% | +$592K |
|
3515
PUT
Twilio
TWLO
$29.8B
| $2.04M | ﹤0.01% |
18,900
-19,100
| -50% | -$1.75M |
|
3516
Badger Meter
BMI
$3.97B
| $2.04M | ﹤0.01% |
9,628
-49,261
| -84% | -$10.7M |
|
3517
United Parks & Resorts
PRKS
$2.15B
| $2.04M | ﹤0.01% |
36,309
-98,871
| -73% | -$5.42M |
|
3518
PUT
iShares US Real Estate ETF
IYR
$4.67B
| $2.04M | ﹤0.01% |
21,900
-318,000
| -94% | -$31.3M |
|
3519
IonQ
IONQ
$14.5B
| $2.03M | ﹤0.01% |
48,668
-85,893
| -64% | -$2.15M |
|
3520
Southside Bancshares
SBSI
$972M
| $2.03M | ﹤0.01% |
64,003
+24,172
| +61% | +$821K |
|
3521
iShares US Home Construction ETF
ITB
$2.25B
| $2.03M | ﹤0.01% |
+19,593
| New | +$2.32M |
|
3522
iQIYI
IQ
$1.26B
| $2.02M | ﹤0.01% |
1,006,687
+972,122
| +2,812% | +$2.3M |
|
3523
CALL
Halliburton
HAL
$26.6B
| $2.02M | ﹤0.01% |
74,300
+23,800
| +47% | +$696K |
|
|
TDAY
3524
USA Today Co
TDAY
$1.32B
| $2.02M | ﹤0.01% |
398,424
-146,672
| -27% | -$779K |
|
3525
CALL
Sprott Uranium Miners ETF
URNM
$1.84B
| $2.02M | ﹤0.01% |
50,000
-1,600
| -3% | -$74.5K |
|
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.