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 | |
|---|---|---|---|---|---|---|
|
NOA
3876
North American Construction
NOA
$369M
| $1.3M | ﹤0.01% |
60,274
+25,889
| +75% | +$507K |
|
3877
CALL
Certara
CERT
$1.26B
| $1.3M | ﹤0.01% |
+122,300
| New | +$1.33M |
|
3878
i3 Verticals
IIIV
$412M
| $1.3M | ﹤0.01% |
56,473
-546,633
| -91% | -$12.8M |
|
3879
CALL
Macy's
M
$6.53B
| $1.3M | ﹤0.01% |
76,800
| – | – |
|
3880
Monro
MNRO
$383M
| $1.3M | ﹤0.01% |
52,301
-886,653
| -94% | -$24.3M |
|
3881
C4 Therapeutics
CCCC
$385M
| $1.3M | ﹤0.01% |
360,125
+338,277
| +1,548% | +$1.68M |
|
3882
PUT
S&P Global
SPGI
$121B
| $1.29M | ﹤0.01% |
2,600
-5,300
| -67% | -$2.69M |
|
3883
PUT
Humana
HUM
$43.7B
| $1.29M | ﹤0.01% |
5,100
-138,400
| -96% | -$37.1M |
|
|
DFTX
3884
Definium Therapeutics
DFTX
$5.78B
| $1.29M | ﹤0.01% |
185,721
+106,511
| +134% | +$733K |
|
3885
PUT
TotalEnergies
TTE
$195B
| $1.29M | ﹤0.01% |
+23,700
| New | +$1.44M |
|
3886
CALL
iShares MSCI Japan ETF
EWJ
$21.9B
| $1.29M | ﹤0.01% |
19,200
-438,000
| -96% | -$30.2M |
|
|
3887
PUT
iShares MSCI Japan ETF
EWJ
$21.9B
| $1.29M | ﹤0.01% |
19,200
-675,800
| -97% | -$46.6M |
|
|
CIO
3888
DELISTED
City Office REIT
CIO
| $1.28M | ﹤0.01% |
+232,507
| New | +$1.28M |
|
|
3889
iShares MSCI Japan ETF
EWJ
$21.9B
| $1.28M | ﹤0.01% |
19,090
-428,311
| -96% | -$29.5M |
|
3890
Cameco
CCJ
$37.6B
| $1.28M | ﹤0.01% |
24,922
-1,293,703
| -98% | -$70.5M |
|
3891
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$154M
| $1.28M | ﹤0.01% |
27,853
-140,468
| -83% | -$6.79M |
|
3892
Ranpak Holdings
PACK
$439M
| $1.27M | ﹤0.01% |
185,203
+68,451
| +59% | +$468K |
|
|
KLRS
3893
Kalaris Therapeutics
KLRS
$83.5M
| $1.27M | ﹤0.01% |
131,904
-10,913
| -8% | -$165K |
|
3894
Eagle Materials
EXP
$6.29B
| $1.27M | ﹤0.01% |
5,163
+821
| +19% | +$237K |
|
3895
Barclays
BCS
$92.7B
| $1.27M | ﹤0.01% |
95,707
-649,844
| -87% | -$8.42M |
|
3896
PUT
First Citizens BancShares
FCNCA
$24.9B
| $1.27M | ﹤0.01% |
600
+100
| +20% | +$210K |
|
3897
Korn Ferry
KFY
$4.18B
| $1.26M | ﹤0.01% |
18,710
-58,932
| -76% | -$4.29M |
|
3898
CALL
HEICO Corp
HEI
$49.8B
| $1.26M | ﹤0.01% |
+5,300
| New | +$1.37M |
|
3899
PUT
Public Service Enterprise Group
PEG
$38.2B
| $1.26M | ﹤0.01% |
14,900
+11,700
| +366% | +$1.04M |
|
3900
WhiteHorse Finance
WHF
$137M
| $1.26M | ﹤0.01% |
129,981
+82,263
| +172% | +$905K |
|
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.