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 | |
|---|---|---|---|---|---|---|
4351
Bank First Corp
BFC
$1.69B
| $716K | ﹤0.01% |
7,227
-23,762
| -77% | -$2.35M |
|
4352
CALL
Smith & Nephew
SNN
$13.3B
| $715K | ﹤0.01% |
+29,100
| New | +$771K |
|
4353
Radcom
RDCM
$171M
| $711K | ﹤0.01% |
57,505
+36,333
| +172% | +$407K |
|
4354
GE HealthCare
GEHC
$30.7B
| $710K | ﹤0.01% |
+9,086
| New | +$772K |
|
|
MITT
4355
TPG Mortgage Investment Trust
MITT
$222M
| $710K | ﹤0.01% |
106,796
-37,049
| -26% | -$262K |
|
4356
Lakeland Industries
LAKE
$113M
| $710K | ﹤0.01% |
27,783
+17,344
| +166% | +$370K |
|
4357
First Trust Cloud Computing ETF
SKYY
$2.92B
| $706K | ﹤0.01% |
+5,928
| New | +$683K |
|
|
CD
4358
Chaince Digital Holdings
CD
$222M
| $706K | ﹤0.01% |
+103,379
| New | +$401K |
|
4359
World Acceptance Corp
WRLD
$838M
| $706K | ﹤0.01% |
6,279
-7,455
| -54% | -$870K |
|
4360
CALL
Equinor
EQNR
$97.7B
| $706K | ﹤0.01% |
29,800
| – | – |
|
4361
Rocky Brands
RCKY
$366M
| $705K | ﹤0.01% |
30,913
+20,100
| +186% | +$492K |
|
4362
CALL
Medifast
MED
$109M
| $705K | ﹤0.01% |
+40,000
| New | +$742K |
|
|
ETWO
4363
DELISTED
E2open Parent Holdings
ETWO
| $703K | ﹤0.01% |
+264,354
| New | +$831K |
|
4364
CALL
Idexx Laboratories
IDXX
$44.1B
| $703K | ﹤0.01% |
1,700
-13,300
| -89% | -$5.83M |
|
4365
Red Robin
RRGB
$145M
| $703K | ﹤0.01% |
127,974
+23,358
| +22% | +$127K |
|
4366
PUT
JB Hunt Transport Services
JBHT
$25.5B
| $700K | ﹤0.01% |
4,100
+300
| +8% | +$53.6K |
|
4367
CALL
Qorvo
QRVO
$7.99B
| $699K | ﹤0.01% |
10,000
-4,300
| -30% | -$344K |
|
4368
Strategy Inc
MSTR
$34.1B
| $698K | ﹤0.01% |
2,411
-125,930
| -98% | -$37.9M |
|
4369
Blackbaud
BLKB
$1.94B
| $697K | ﹤0.01% |
9,434
-6,790
| -42% | -$556K |
|
4370
CTS Corp
CTS
$1.83B
| $697K | ﹤0.01% |
13,216
-5,778
| -30% | -$303K |
|
|
RNAM
4371
DELISTED
Avidity Biosciences
RNAM
| $696K | ﹤0.01% |
23,941
+5,405
| +29% | +$226K |
|
4372
PUT
GXO Logistics
GXO
$5.77B
| $696K | ﹤0.01% |
16,000
+4,400
| +38% | +$242K |
|
|
NNAVW
4373
CALL
DELISTED
NextNav Inc Warrant
NNAVW
| $696K | ﹤0.01% |
121,250
| – | – |
|
4374
PUT
Xcel Energy
XEL
$48.8B
| $695K | ﹤0.01% |
10,300
-76,100
| -88% | -$5.1M |
|
4375
PetMed Express
PETS
$41.7M
| $695K | ﹤0.01% |
144,146
-63,105
| -30% | -$296K |
|
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.