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 | |
|---|---|---|---|---|---|---|
3526
PUT
VF Corp
VFC
$5.89B
| $2.02M | ﹤0.01% |
93,900
-36,700
| -28% | -$747K |
|
|
ARI
3527
Apollo Commercial Real Estate
ARI
$890M
| $2.01M | ﹤0.01% |
232,627
+168,948
| +265% | +$1.52M |
|
3528
CALL
KE Holdings
BEKE
$19B
| $2.01M | ﹤0.01% |
109,200
-273,300
| -71% | -$5.63M |
|
3529
Amprius Technologies
AMPX
$1.44B
| $2.01M | ﹤0.01% |
+717,571
| New | +$1.25M |
|
3530
SandRidge Energy
SD
$503M
| $2.01M | ﹤0.01% |
171,442
+81,560
| +91% | +$942K |
|
3531
PUT
Dover
DOV
$27.7B
| $2.01M | ﹤0.01% |
+10,700
| New | +$2.09M |
|
3532
PUT
Corning
GLW
$126B
| $2M | ﹤0.01% |
42,100
-600
| -1% | -$28.4K |
|
3533
CALL
Essex Property Trust
ESS
$18.4B
| $2M | ﹤0.01% |
7,000
-800
| -10% | -$236K |
|
3534
CALL
C.H. Robinson
CHRW
$17.3B
| $1.99M | ﹤0.01% |
19,300
+3,100
| +19% | +$334K |
|
3535
Vuzix
VUZI
$201M
| $1.99M | ﹤0.01% |
505,738
+21,441
| +4% | +$44K |
|
3536
CALL
Howmet Aerospace
HWM
$114B
| $1.99M | ﹤0.01% |
18,200
+1,300
| +8% | +$142K |
|
3537
CALL
Paycom
PAYC
$7.85B
| $1.99M | ﹤0.01% |
9,700
+3,300
| +52% | +$672K |
|
3538
CALL
JFrog
FROG
$9.93B
| $1.99M | ﹤0.01% |
67,600
+9,300
| +16% | +$282K |
|
3539
Cosan
CSAN
$3.19B
| $1.98M | ﹤0.01% |
364,718
+214,485
| +143% | +$1.61M |
|
|
VXRT
3540
DELISTED
Vaxart
VXRT
| $1.98M | ﹤0.01% |
2,990,642
-978,449
| -25% | -$680K |
|
3541
CALL
Amneal Pharmaceuticals
AMRX
$6.02B
| $1.98M | ﹤0.01% |
+250,000
| New | +$2.1M |
|
3542
Urban Outfitters
URBN
$6.69B
| $1.98M | ﹤0.01% |
36,057
-10,377
| -22% | -$443K |
|
3543
EXL Service
EXLS
$5.22B
| $1.98M | ﹤0.01% |
44,536
-155,997
| -78% | -$6.75M |
|
|
MPT
3544
PUT
Medical Properties Trust
MPT
$2.74B
| $1.98M | ﹤0.01% |
500,000
-1,000
| -0.2% | -$4.48K |
|
3545
PUT
BJs Wholesale Club
BJ
$12.4B
| $1.97M | ﹤0.01% |
22,100
-1,700
| -7% | -$154K |
|
3546
Utah Medical Products
UTMD
$230M
| $1.97M | ﹤0.01% |
32,087
+6,975
| +28% | +$451K |
|
3547
Dianthus Therapeutics
DNTH
$5.8B
| $1.97M | ﹤0.01% |
90,436
+55,682
| +160% | +$1.43M |
|
3548
Energy Recovery
ERII
$457M
| $1.97M | ﹤0.01% |
+134,041
| New | +$2.29M |
|
3549
PUT
CBRE Group
CBRE
$43B
| $1.97M | ﹤0.01% |
15,000
-2,300
| -13% | -$301K |
|
3550
SiriusPoint
SPNT
$2.75B
| $1.97M | ﹤0.01% |
+120,020
| New | +$1.73M |
|
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.