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 | |
|---|---|---|---|---|---|---|
4326
BW LPG
BWLP
$3.42B
| $740K | ﹤0.01% |
65,179
+48,188
| +284% | +$621K |
|
4327
CALL
Equifax
EFX
$20.3B
| $739K | ﹤0.01% |
2,900
-9,000
| -76% | -$2.41M |
|
|
GAMB
4328
DELISTED
Gambling.com
GAMB
| $739K | ﹤0.01% |
52,475
-122,985
| -70% | -$1.45M |
|
4329
iShares Core S&P US Value ETF
IUSV
$27.2B
| $738K | ﹤0.01% |
7,973
-8,095
| -50% | -$779K |
|
4330
Legacy Housing
LEGH
$625M
| $737K | ﹤0.01% |
29,864
-9,739
| -25% | -$252K |
|
4331
Cannae Holdings
CNNE
$639M
| $736K | ﹤0.01% |
37,070
-200,187
| -84% | -$4.01M |
|
|
MFA
4332
MFA Financial
MFA
$926M
| $736K | ﹤0.01% |
72,224
-618,419
| -90% | -$7.1M |
|
4333
Red Violet
RDVT
$979M
| $735K | ﹤0.01% |
20,316
-1,687
| -8% | -$56.2K |
|
4334
Bausch + Lomb
BLCO
$6.04B
| $735K | ﹤0.01% |
+40,674
| New | +$794K |
|
|
WAY
4335
PUT
Waystar Holding Corp
WAY
$4.05B
| $734K | ﹤0.01% |
+20,000
| New | +$615K |
|
4336
Hawthorn Bancshares
HWBK
$269M
| $734K | ﹤0.01% |
25,881
+5,870
| +29% | +$165K |
|
|
EMO
4337
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.03B
| $732K | ﹤0.01% |
15,718
-13,832
| -47% | -$632K |
|
|
ALTR
4338
CALL
DELISTED
Altair Engineering Inc
ALTR
| $731K | ﹤0.01% |
6,700
-3,300
| -33% | -$340K |
|
4339
PUT
Align Technology
ALGN
$12.1B
| $730K | ﹤0.01% |
3,500
-67,400
| -95% | -$15.1M |
|
4340
Agios Pharmaceuticals
AGIO
$1.79B
| $729K | ﹤0.01% |
22,196
-55,734
| -72% | -$2.62M |
|
4341
Protalix BioTherapeutics
PLX
$191M
| $729K | ﹤0.01% |
387,921
+14,164
| +4% | +$20K |
|
4342
Unity Bancorp
UNTY
$591M
| $725K | ﹤0.01% |
16,635
+4,173
| +33% | +$175K |
|
4343
CALL
Archer Daniels Midland
ADM
$38.2B
| $722K | ﹤0.01% |
14,300
-13,500
| -49% | -$730K |
|
4344
Manitowoc
MTW
$497M
| $721K | ﹤0.01% |
+78,921
| New | +$779K |
|
4345
CALL
Scorpio Tankers
STNG
$3.9B
| $721K | ﹤0.01% |
14,500
-16,200
| -53% | -$924K |
|
4346
Financial Institutions
FISI
$816M
| $720K | ﹤0.01% |
+26,378
| New | +$694K |
|
|
ME
4347
DELISTED
23andMe Holding Co
ME
| $720K | ﹤0.01% |
221,480
+84,161
| +61% | +$365K |
|
4348
FIVE9
FIVN
$2.11B
| $717K | ﹤0.01% |
17,650
-893,145
| -98% | -$32.2M |
|
4349
Meridian
MRBK
$234M
| $716K | ﹤0.01% |
52,244
+42,004
| +410% | +$601K |
|
|
GNTY
4350
DELISTED
Guaranty Bancshares
GNTY
| $716K | ﹤0.01% |
20,698
+5,580
| +37% | +$196K |
|
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.