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 | |
|---|---|---|---|---|---|---|
3576
iShares TIPS Bond ETF
TIP
$14.5B
| $1.9M | ﹤0.01% |
+17,856
| New | +$1.93M |
|
3577
Compass Diversified
CODI
$785M
| $1.9M | ﹤0.01% |
82,381
+53,994
| +190% | +$1.21M |
|
3578
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $1.9M | ﹤0.01% |
+60,438
| New | +$1.97M |
|
|
RERE
3579
ATRenew
RERE
$930M
| $1.9M | ﹤0.01% |
659,508
+472,322
| +252% | +$1.31M |
|
3580
Forrester Research
FORR
$228M
| $1.89M | ﹤0.01% |
120,713
+43,851
| +57% | +$707K |
|
3581
Southern Missouri Bancorp
SMBC
$870M
| $1.89M | ﹤0.01% |
32,970
-3,254
| -9% | -$200K |
|
3582
Provident Financial Services
PFS
$3.28B
| $1.89M | ﹤0.01% |
100,144
-254,561
| -72% | -$5.03M |
|
|
GRND.WS
3583
CALL
DELISTED
Grindr Inc. Warrants, each exercisable for one share of Common Stock at an exercise price of $11.50 per share
GRND.WS
| $1.89M | ﹤0.01% |
279,908
| – | – |
|
3584
Ardagh Metal Packaging
AMBP
$2.89B
| $1.89M | ﹤0.01% |
627,529
-627,781
| -50% | -$2.26M |
|
3585
LSB Industries
LXU
$718M
| $1.89M | ﹤0.01% |
248,653
+171,176
| +221% | +$1.47M |
|
|
HTBK
3586
DELISTED
Heritage Commerce
HTBK
| $1.88M | ﹤0.01% |
+200,522
| New | +$2.02M |
|
|
MRC
3587
DELISTED
MRC Global
MRC
| $1.88M | ﹤0.01% |
146,989
-500,915
| -77% | -$6.56M |
|
3588
KRONOS Worldwide
KRO
$703M
| $1.88M | ﹤0.01% |
192,469
+68,959
| +56% | +$775K |
|
3589
Beam Therapeutics
BEAM
$2.66B
| $1.87M | ﹤0.01% |
75,353
-6,364
| -8% | -$162K |
|
|
ACRE
3590
Ares Commercial Real Estate
ACRE
$231M
| $1.87M | ﹤0.01% |
316,969
+264,641
| +506% | +$1.78M |
|
3591
SmartFinancial
SMBK
$910M
| $1.87M | ﹤0.01% |
60,255
+44,467
| +282% | +$1.47M |
|
3592
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $1.87M | ﹤0.01% |
41,204
+25,320
| +159% | +$1.2M |
|
3593
Perimeter Solutions
PRM
$4.99B
| $1.86M | ﹤0.01% |
145,847
-134,717
| -48% | -$1.76M |
|
3594
Commerce Bancshares
CBSH
$8.57B
| $1.86M | ﹤0.01% |
31,354
-496,197
| -94% | -$29.9M |
|
3595
PUT
Riot Platforms
RIOT
$8.07B
| $1.86M | ﹤0.01% |
181,900
+100
| +0.1% | +$1.09K |
|
3596
Boot Barn
BOOT
$4.84B
| $1.85M | ﹤0.01% |
12,212
-21,905
| -64% | -$3.24M |
|
3597
Eton Pharmaceutcials
ETON
$1.23B
| $1.85M | ﹤0.01% |
+138,887
| New | +$1.41M |
|
|
MRSH
3598
CALL
Marsh
MRSH
$91.6B
| $1.85M | ﹤0.01% |
8,700
-50,600
| -85% | -$11.2M |
|
3599
PUT
VanEck Junior Gold Miners ETF
GDXJ
$6.99B
| $1.85M | ﹤0.01% |
43,200
| – | – |
|
3600
Grupo Aeroportuario Centro Norte
OMAB
$5.16B
| $1.85M | ﹤0.01% |
26,904
+1,460
| +6% | +$99.3K |
|
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.