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 | |
|---|---|---|---|---|---|---|
4001
Shoals Technologies Group
SHLS
$1.47B
| $1.12M | ﹤0.01% |
201,812
-2,176,645
| -92% | -$11M |
|
|
GRFS
4002
CALL
Grifois
GRFS
$5.36B
| $1.12M | ﹤0.01% |
+150,000
| New | +$1.25M |
|
4003
Dominion Energy
D
$60.8B
| $1.11M | ﹤0.01% |
20,686
-58,475
| -74% | -$3.34M |
|
4004
Immatics
IMTX
$1.18B
| $1.11M | ﹤0.01% |
+156,686
| New | +$1.35M |
|
4005
PUT
Elastic
ESTC
$6.84B
| $1.11M | ﹤0.01% |
11,200
+300
| +3% | +$27.7K |
|
4006
CALL
Toll Brothers
TOL
$13.6B
| $1.11M | ﹤0.01% |
8,800
+600
| +7% | +$89.1K |
|
4007
CALL
Evergy
EVRG
$19.1B
| $1.11M | ﹤0.01% |
+18,000
| New | +$1.11M |
|
4008
Bar Harbor Bankshares
BHB
$665M
| $1.11M | ﹤0.01% |
36,146
+28,774
| +390% | +$952K |
|
|
ZBIO
4009
Zenas BioPharma
ZBIO
$1.98B
| $1.1M | ﹤0.01% |
134,896
+17,515
| +15% | +$273K |
|
4010
PUT
DigitalOcean
DOCN
$13.7B
| $1.1M | ﹤0.01% |
+32,400
| New | +$1.27M |
|
4011
USCB Financial Holdings
USCB
$406M
| $1.1M | ﹤0.01% |
62,133
+23,072
| +59% | +$403K |
|
4012
PUT
Hecla Mining
HL
$9.47B
| $1.1M | ﹤0.01% |
224,500
-119,300
| -35% | -$713K |
|
4013
Supernus Pharmaceuticals
SUPN
$2.59B
| $1.1M | ﹤0.01% |
30,470
-222,273
| -88% | -$7.83M |
|
4014
Northeast Community Bancorp
NECB
$368M
| $1.1M | ﹤0.01% |
45,028
+32,049
| +247% | +$880K |
|
4015
OP Bancorp
OPBK
$232M
| $1.1M | ﹤0.01% |
69,481
+34,054
| +96% | +$523K |
|
4016
Sierra Bancorp
BSRR
$528M
| $1.09M | ﹤0.01% |
37,858
+28,426
| +301% | +$851K |
|
4017
KORU Medical Systems
KRMD
$189M
| $1.09M | ﹤0.01% |
283,710
+12,187
| +4% | +$39.6K |
|
4018
PUT
Lumentum
LITE
$55.5B
| $1.09M | ﹤0.01% |
13,000
+4,000
| +44% | +$312K |
|
4019
C&F Financial
CFFI
$268M
| $1.09M | ﹤0.01% |
15,311
+1,788
| +13% | +$122K |
|
4020
Telkom Indonesia
TLK
$14.5B
| $1.09M | ﹤0.01% |
66,307
-60,676
| -48% | -$1.06M |
|
4021
Triumph Financial Inc
TFIN
$1.81B
| $1.09M | ﹤0.01% |
11,985
-4,182
| -26% | -$389K |
|
4022
PUT
Urban Outfitters
URBN
$6.35B
| $1.09M | ﹤0.01% |
19,800
-13,900
| -41% | -$593K |
|
4023
Rackspace Technology
RXT
$1.05B
| $1.09M | ﹤0.01% |
490,994
+135,140
| +38% | +$341K |
|
4024
Alerus Financial
ALRS
$831M
| $1.08M | ﹤0.01% |
56,379
+16,905
| +43% | +$371K |
|
4025
PUT
Guardant Health
GH
$21.7B
| $1.08M | ﹤0.01% |
35,500
-139,300
| -80% | -$3.92M |
|
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.