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 | |
|---|---|---|---|---|---|---|
4251
CALL
Principal Financial Group
PFG
$24.3B
| $821K | ﹤0.01% |
+10,600
| New | +$893K |
|
4252
ADC Therapeutics
ADCT
$134M
| $818K | ﹤0.01% |
411,124
-301,277
| -42% | -$788K |
|
4253
Wabash National
WNC
$512M
| $816K | ﹤0.01% |
47,658
-204,915
| -81% | -$3.8M |
|
4254
Kodiak Sciences
KOD
$2.6B
| $816K | ﹤0.01% |
81,991
+49,019
| +149% | +$282K |
|
4255
SoundThinking
SSTI
$100M
| $814K | ﹤0.01% |
62,300
+6,416
| +11% | +$77K |
|
|
NKLA
4256
DELISTED
Nikola Corporation Common Stock
NKLA
| $813K | ﹤0.01% |
683,270
-663,908
| -49% | -$1.9M |
|
4257
First Commonwealth Financial
FCF
$2.18B
| $813K | ﹤0.01% |
48,054
+21,012
| +78% | +$371K |
|
4258
Citizens
CIA
$239M
| $811K | ﹤0.01% |
202,347
+66,718
| +49% | +$300K |
|
|
DDI
4259
DoubleDown Interactive
DDI
$574M
| $810K | ﹤0.01% |
77,624
+15,641
| +25% | +$215K |
|
4260
Aldeyra Therapeutics
ALDX
$92.9M
| $808K | ﹤0.01% |
+161,926
| New | +$831K |
|
4261
Invesco S&P 500 Quality ETF
SPHQ
$19.4B
| $808K | ﹤0.01% |
12,050
-7,276
| -38% | -$493K |
|
4262
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $808K | ﹤0.01% |
10,060
-22,906
| -69% | -$1.87M |
|
4263
Stratasys
SSYS
$679M
| $806K | ﹤0.01% |
90,715
+7,066
| +8% | +$60.9K |
|
4264
PUT
Live Nation Entertainment
LYV
$40.6B
| $803K | ﹤0.01% |
6,200
+300
| +5% | +$37.8K |
|
4265
Shore Bancshares
SHBI
$819M
| $802K | ﹤0.01% |
+50,615
| New | +$784K |
|
4266
PUT
BHP
BHP
$215B
| $801K | ﹤0.01% |
16,400
-18,300
| -53% | -$995K |
|
4267
Independent Bank Corp
IBCP
$787M
| $800K | ﹤0.01% |
22,981
+14,606
| +174% | +$518K |
|
4268
Annexon
ANNX
$834M
| $799K | ﹤0.01% |
155,676
+83,021
| +114% | +$511K |
|
|
KEEL
4269
Keel Infrastructure Corp
KEEL
$2.4B
| $799K | ﹤0.01% |
536,044
+239,997
| +81% | +$480K |
|
4270
Rimini Street
RMNI
$449M
| $799K | ﹤0.01% |
+299,075
| New | +$610K |
|
4271
Energy Fuels
UUUU
$2.86B
| $797K | ﹤0.01% |
155,400
+135,538
| +682% | +$838K |
|
4272
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.7B
| $794K | ﹤0.01% |
9,812
-5,229
| -35% | -$437K |
|
4273
RCM Technologies
RCMT
$201M
| $793K | ﹤0.01% |
35,789
-19,251
| -35% | -$429K |
|
4274
HealthStream
HSTM
$819M
| $792K | ﹤0.01% |
24,920
-205,223
| -89% | -$6.33M |
|
4275
Penumbra
PEN
$12.7B
| $792K | ﹤0.01% |
3,336
-1,913
| -36% | -$435K |
|
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.