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 | |
|---|---|---|---|---|---|---|
4126
OSI Systems
OSIS
$3.65B
| $956K | ﹤0.01% |
5,711
-1,906
| -25% | -$302K |
|
|
SKX
4127
CALL
DELISTED
Skechers
SKX
| $955K | ﹤0.01% |
14,200
-1,000
| -7% | -$64.9K |
|
4128
Lennar Class B
LEN.B
$19.4B
| $953K | ﹤0.01% |
7,590
-11,866
| -61% | -$1.79M |
|
4129
PUT
FTAI Aviation
FTAI
$21.1B
| $951K | ﹤0.01% |
6,600
-1,000
| -13% | -$147K |
|
4130
Arcosa
ACA
$7.13B
| $950K | ﹤0.01% |
9,816
-32,660
| -77% | -$3.28M |
|
4131
WaFd
WAFD
$2.72B
| $950K | ﹤0.01% |
+29,452
| New | +$1.03M |
|
|
AOMR
4132
Angel Oak Mortgage REIT
AOMR
$220M
| $949K | ﹤0.01% |
102,221
+34,977
| +52% | +$335K |
|
|
PFIE
4133
DELISTED
Profire Energy, Inc
PFIE
| $948K | ﹤0.01% |
373,389
+337,321
| +935% | +$763K |
|
4134
CALL
Caesars Entertainment
CZR
$6.06B
| $946K | ﹤0.01% |
28,300
-10,900
| -28% | -$432K |
|
4135
HBT Financial
HBT
$1.3B
| $944K | ﹤0.01% |
43,126
+17,130
| +66% | +$390K |
|
4136
KALA BIO
KALA
$14.1M
| $944K | ﹤0.01% |
2,721
-94
| -3% | -$29.6K |
|
4137
Vita Coco
COCO
$3.82B
| $942K | ﹤0.01% |
25,515
+5,087
| +25% | +$169K |
|
4138
Babcock & Wilcox
BW
$1.39B
| $942K | ﹤0.01% |
574,155
-366,682
| -39% | -$775K |
|
4139
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $941K | ﹤0.01% |
35,538
-1,176,164
| -97% | -$32.8M |
|
4140
CALL
CarMax
KMX
$8.13B
| $940K | ﹤0.01% |
11,500
-11,300
| -50% | -$888K |
|
4141
CALL
Booz Allen Hamilton
BAH
$8.39B
| $940K | ﹤0.01% |
+7,300
| New | +$1.13M |
|
4142
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $939K | ﹤0.01% |
12,155
-3,814
| -24% | -$296K |
|
4143
Bluerock Homes Trust
BHM
$35.3M
| $939K | ﹤0.01% |
70,750
-1,791
| -2% | -$26.1K |
|
4144
Alta Equipment Group
ALTG
$214M
| $937K | ﹤0.01% |
+143,218
| New | +$998K |
|
4145
Inspire Medical Systems
INSP
$1.45B
| $936K | ﹤0.01% |
5,051
-2,475
| -33% | -$480K |
|
4146
Lexeo Therapeutics
LXEO
$324M
| $934K | ﹤0.01% |
141,951
+104,837
| +282% | +$826K |
|
4147
CALL
US Foods
USFD
$22.2B
| $931K | ﹤0.01% |
13,800
-15,700
| -53% | -$1.03M |
|
4148
CALL
Twist Bioscience
TWST
$5.7B
| $929K | ﹤0.01% |
+20,000
| New | +$904K |
|
|
SFIX
4149
Stitch Fix
SFIX
$536M
| $929K | ﹤0.01% |
215,567
-900,869
| -81% | -$3.32M |
|
|
VRNA
4150
CALL
DELISTED
Verona Pharma
VRNA
| $929K | ﹤0.01% |
+20,000
| New | +$751K |
|
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.