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 | |
|---|---|---|---|---|---|---|
4226
Real Brokerage
REAX
$349M
| $850K | ﹤0.01% |
184,861
-260,200
| -58% | -$1.36M |
|
4227
Spok Holdings
SPOK
$228M
| $850K | ﹤0.01% |
52,929
+14,552
| +38% | +$230K |
|
4228
Genie Energy
GNE
$367M
| $848K | ﹤0.01% |
54,409
-10,925
| -17% | -$171K |
|
4229
Heritage Financial
HFWA
$1.22B
| $848K | ﹤0.01% |
34,619
-11,330
| -25% | -$275K |
|
4230
BV Financial
BVFL
$178M
| $848K | ﹤0.01% |
49,219
+37,401
| +316% | +$608K |
|
4231
Stoke Therapeutics
STOK
$1.8B
| $847K | ﹤0.01% |
76,829
+61,994
| +418% | +$762K |
|
4232
Hertz
HTZ
$499M
| $847K | ﹤0.01% |
231,402
-6,579
| -3% | -$23.8K |
|
4233
Omeros
OMER
$857M
| $846K | ﹤0.01% |
85,671
+27,088
| +46% | +$186K |
|
4234
PUT
Toll Brothers
TOL
$13.6B
| $844K | ﹤0.01% |
6,700
-9,300
| -58% | -$1.38M |
|
4235
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.2B
| $842K | ﹤0.01% |
+24,678
| New | +$884K |
|
4236
U-Haul Holding Co Series N
UHAL.B
$12.2B
| $841K | ﹤0.01% |
13,138
-1,147
| -8% | -$75.4K |
|
4237
Townsquare Media
TSQ
$106M
| $841K | ﹤0.01% |
92,557
+52,299
| +130% | +$524K |
|
4238
Marathon Digital Holdings
MARA
$4.32B
| $836K | ﹤0.01% |
49,868
-18,749
| -27% | -$379K |
|
4239
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $835K | ﹤0.01% |
25,477
-39,276
| -61% | -$1.3M |
|
|
DOO
4240
Bombardier Recreational Products
DOO
$4.54B
| $832K | ﹤0.01% |
16,339
+5,072
| +45% | +$264K |
|
4241
Scholastic
SCHL
$767M
| $831K | ﹤0.01% |
38,980
-115,923
| -75% | -$2.94M |
|
4242
iShares US Regional Banks ETF
IAT
$674M
| $829K | ﹤0.01% |
16,457
-9,833
| -37% | -$508K |
|
4243
Corvus Pharmaceuticals
CRVS
$1.12B
| $829K | ﹤0.01% |
154,901
-156,387
| -50% | -$1.17M |
|
4244
PUT
Embecta
EMBC
$216M
| $826K | ﹤0.01% |
+40,000
| New | +$656K |
|
4245
PUT
Thor Industries
THO
$3.9B
| $823K | ﹤0.01% |
8,600
-54,800
| -86% | -$5.85M |
|
|
PRTC
4246
DELISTED
PureTech Health
PRTC
| $823K | ﹤0.01% |
+45,264
| New | +$948K |
|
|
BBBY
4247
Bed Bath & Beyond
BBBY
$481M
| $823K | ﹤0.01% |
183,575
+56,029
| +44% | +$357K |
|
4248
CALL
PENN Entertainment
PENN
$2.75B
| $823K | ﹤0.01% |
41,500
-41,800
| -50% | -$821K |
|
4249
Global X Lithium & Battery Tech ETF
LIT
$1.51B
| $821K | ﹤0.01% |
+20,139
| New | +$888K |
|
4250
Home BancShares
HOMB
$6.23B
| $821K | ﹤0.01% |
29,011
-476,498
| -94% | -$13.8M |
|
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.