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 | |
|---|---|---|---|---|---|---|
4401
PUT
Tower Semiconductor
TSEM
$24.8B
| $675K | ﹤0.01% |
+13,100
| New | +$613K |
|
|
SLNO
4402
CALL
DELISTED
Soleno Therapeutics
SLNO
| $674K | ﹤0.01% |
+15,000
| New | +$777K |
|
4403
PUT
Diageo
DEO
$49B
| $674K | ﹤0.01% |
+5,300
| New | +$674K |
|
4404
American Outdoor Brands
AOUT
$155M
| $673K | ﹤0.01% |
+44,172
| New | +$476K |
|
4405
CALL
Abercrombie & Fitch
ANF
$4.42B
| $673K | ﹤0.01% |
4,500
-12,600
| -74% | -$1.84M |
|
|
EWCZ
4406
DELISTED
European Wax Center
EWCZ
| $671K | ﹤0.01% |
100,657
-260,140
| -72% | -$1.71M |
|
4407
CALL
Expedia Group
EXPE
$35.4B
| $671K | ﹤0.01% |
3,600
-3,600
| -50% | -$620K |
|
4408
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.37B
| $671K | ﹤0.01% |
+7,416
| New | +$683K |
|
|
IAS
4409
DELISTED
Integral Ad Science
IAS
| $669K | ﹤0.01% |
+64,124
| New | +$703K |
|
4410
CALL
iShares Semiconductor ETF
SOXX
$41.7B
| $668K | ﹤0.01% |
+3,100
| New | +$692K |
|
4411
FLEX LNG
FLNG
$1.69B
| $667K | ﹤0.01% |
29,084
-16,923
| -37% | -$410K |
|
4412
Organogenesis Holdings
ORGO
$305M
| $667K | ﹤0.01% |
208,420
+5,765
| +3% | +$19.3K |
|
4413
Ultralife
ULBI
$86.4M
| $667K | ﹤0.01% |
89,481
-20,000
| -18% | -$164K |
|
4414
Kenvue
KVUE
$36.9B
| $666K | ﹤0.01% |
31,186
-3,058,366
| -99% | -$69.3M |
|
|
GOOD
4415
Gladstone Commercial Corp
GOOD
$605M
| $665K | ﹤0.01% |
40,937
+20,776
| +103% | +$344K |
|
4416
Eldorado Gold
EGO
$7.87B
| $664K | ﹤0.01% |
44,663
-179,180
| -80% | -$2.96M |
|
4417
CALL
NexGen Energy
NXE
$6.06B
| $660K | ﹤0.01% |
+100,000
| New | +$754K |
|
4418
CALL
Southwest Airlines
LUV
$22B
| $659K | ﹤0.01% |
19,600
-13,600
| -41% | -$434K |
|
|
AZUL
4419
DELISTED
Azul
AZUL
| $659K | ﹤0.01% |
394,528
+346,784
| +726% | +$904K |
|
4420
Aehr Test Systems
AEHR
$2.61B
| $659K | ﹤0.01% |
39,608
-17,057
| -30% | -$227K |
|
|
ALLK
4421
DELISTED
Allakos
ALLK
| $658K | ﹤0.01% |
543,784
-459,365
| -46% | -$482K |
|
4422
PUT
Bio-Rad Laboratories Class A
BIO
$8.71B
| $657K | ﹤0.01% |
2,000
| – | – |
|
4423
Stagwell
STGW
$2.07B
| $656K | ﹤0.01% |
99,655
+55,049
| +123% | +$392K |
|
4424
PUT
Rubrik
RBRK
$14.9B
| $654K | ﹤0.01% |
10,000
-90,000
| -90% | -$4.45M |
|
4425
CALL
Archer Aviation Redeemable Warrants
ACHR.WS
$18.3M
| $652K | ﹤0.01% |
202,466
| – | – |
|
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.