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 | |
|---|---|---|---|---|---|---|
4276
CALL
AvalonBay Communities
AVB
$26.5B
| $792K | ﹤0.01% |
3,600
-14,200
| -80% | -$3.21M |
|
4277
Zurn Elkay Water Solutions
ZWS
$8.38B
| $789K | ﹤0.01% |
21,140
-176,792
| -89% | -$6.74M |
|
4278
PUT
PPG Industries
PPG
$24.6B
| $788K | ﹤0.01% |
6,600
+1,900
| +40% | +$238K |
|
|
EH
4279
PUT
EHang Holdings
EH
$389M
| $787K | ﹤0.01% |
+50,000
| New | +$803K |
|
4280
CALL
NET Power Inc Warrants
NPWR.WS
| $787K | ﹤0.01% |
218,671
| – | – |
|
4281
Aurinia Pharmaceuticals
AUPH
$1.91B
| $785K | ﹤0.01% |
87,421
+29,096
| +50% | +$237K |
|
4282
Global Industrial
GIC
$1.37B
| $785K | ﹤0.01% |
31,650
-80,620
| -72% | -$2.35M |
|
4283
Red Cat Holdings
RCAT
$1.15B
| $782K | ﹤0.01% |
60,864
+18,641
| +44% | +$114K |
|
4284
OneWater Marine
ONEW
$204M
| $782K | ﹤0.01% |
+44,998
| New | +$962K |
|
4285
Karyopharm Therapeutics
KPTI
$43.5M
| $781K | ﹤0.01% |
76,961
-6,723
| -8% | -$81.3K |
|
4286
Myomo
MYO
$39M
| $780K | ﹤0.01% |
+121,161
| New | +$590K |
|
4287
CALL
Cogent Biosciences
COGT
$6.65B
| $780K | ﹤0.01% |
+100,000
| New | +$997K |
|
|
ACH
4288
Accendra Health
ACH
$237M
| $778K | ﹤0.01% |
59,522
-167,229
| -74% | -$2.23M |
|
4289
Medifast
MED
$109M
| $777K | ﹤0.01% |
44,096
-11,795
| -21% | -$219K |
|
4290
Park Hotels & Resorts
PK
$3.03B
| $776K | ﹤0.01% |
55,183
-1,640,975
| -97% | -$24.1M |
|
4291
CALL
Huntington Ingalls Industries
HII
$12.9B
| $775K | ﹤0.01% |
+4,100
| New | +$886K |
|
4292
BayCom
BCML
$329M
| $773K | ﹤0.01% |
28,806
+3,065
| +12% | +$80.9K |
|
4293
CALL
Deckers Outdoor
DECK
$13.2B
| $772K | ﹤0.01% |
3,800
-28,600
| -88% | -$5.17M |
|
4294
Vanguard Total International Bond ETF
BNDX
$81.9B
| $772K | ﹤0.01% |
15,731
-9,132
| -37% | -$457K |
|
4295
Navios Maritime Partners
NMM
$2.3B
| $772K | ﹤0.01% |
17,824
+11,986
| +205% | +$626K |
|
4296
Tango Therapeutics
TNGX
$4.43B
| $771K | ﹤0.01% |
+249,646
| New | +$1.16M |
|
4297
KNOT Offshore Partners
KNOP
$372M
| $771K | ﹤0.01% |
141,503
+78,194
| +124% | +$472K |
|
4298
Camden National
CAC
$978M
| $769K | ﹤0.01% |
17,991
-9,403
| -34% | -$414K |
|
4299
DigitalOcean
DOCN
$13.7B
| $768K | ﹤0.01% |
22,554
-117,107
| -84% | -$4.59M |
|
4300
PUT
GlobalFoundries
GFS
$27.4B
| $768K | ﹤0.01% |
17,900
-1,800
| -9% | -$75.4K |
|
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.