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 | |
|---|---|---|---|---|---|---|
|
EBTC
4201
DELISTED
Enterprise Bancorp
EBTC
| $871K | ﹤0.01% |
+22,026
| New | +$793K |
|
4202
CALL
Peloton Interactive
PTON
$2.77B
| $870K | ﹤0.01% |
100,000
| – | – |
|
|
PRSU
4203
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $869K | ﹤0.01% |
20,442
-88,375
| -81% | -$3.65M |
|
4204
AMERISAFE
AMSF
$543M
| $867K | ﹤0.01% |
16,830
-116,033
| -87% | -$6.28M |
|
4205
InspireMD
NSPR
$30.4M
| $867K | ﹤0.01% |
330,999
-68,819
| -17% | -$185K |
|
4206
Horizon Technology Finance
HRZN
$295M
| $866K | ﹤0.01% |
96,342
-107,082
| -53% | -$1.03M |
|
|
SRG
4207
Seritage Growth Properties
SRG
$136M
| $866K | ﹤0.01% |
210,148
+52,186
| +33% | +$225K |
|
4208
SES AI
SES
$203M
| $866K | ﹤0.01% |
395,299
-231,854
| -37% | -$132K |
|
4209
AdvanSix
ASIX
$541M
| $864K | ﹤0.01% |
30,323
-24,283
| -44% | -$734K |
|
4210
Flexsteel Industries
FLXS
$302M
| $863K | ﹤0.01% |
15,887
-12,036
| -43% | -$661K |
|
4211
CALL
Cincinnati Financial
CINF
$27.3B
| $862K | ﹤0.01% |
+6,000
| New | +$876K |
|
4212
Five Star Bancorp
FSBC
$1.14B
| $862K | ﹤0.01% |
+28,637
| New | +$897K |
|
4213
Identive
INVE
$63.4M
| $861K | ﹤0.01% |
235,254
+85,020
| +57% | +$319K |
|
4214
The Joint Corp
JYNT
$118M
| $861K | ﹤0.01% |
80,982
+25,863
| +47% | +$289K |
|
4215
PUT
Floor & Decor
FND
$6.13B
| $857K | ﹤0.01% |
8,600
-800
| -9% | -$85.9K |
|
4216
PUT
NRG Energy
NRG
$28.3B
| $857K | ﹤0.01% |
9,500
+5,900
| +164% | +$546K |
|
|
CGC
4217
PUT
Canopy Growth
CGC
$387M
| $857K | ﹤0.01% |
312,800
| – | – |
|
4218
CALL
Teladoc Health
TDOC
$1.22B
| $856K | ﹤0.01% |
+94,200
| New | +$910K |
|
4219
PUT
Illumina
ILMN
$31B
| $855K | ﹤0.01% |
6,400
-19,400
| -75% | -$2.76M |
|
4220
CALL
Ralph Lauren
RL
$22.6B
| $855K | ﹤0.01% |
3,700
-2,400
| -39% | -$511K |
|
4221
PUT
KB Home
KBH
$3.37B
| $854K | ﹤0.01% |
13,000
+7,200
| +124% | +$560K |
|
4222
Rhythm Pharmaceuticals
RYTM
$6.81B
| $854K | ﹤0.01% |
15,259
-21,718
| -59% | -$1.2M |
|
4223
Innovative Industrial Properties
IIPR
$1.71B
| $853K | ﹤0.01% |
12,795
-36,486
| -74% | -$4.11M |
|
|
HLVX
4224
DELISTED
HilleVax
HLVX
| $852K | ﹤0.01% |
411,820
+153,815
| +60% | +$289K |
|
4225
CALL
Sarepta Therapeutics
SRPT
$1.57B
| $851K | ﹤0.01% |
7,000
+5,300
| +312% | +$650K |
|
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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.