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 | |
|---|---|---|---|---|---|---|
4451
CALL
Sunrun
RUN
$2.34B
| $629K | ﹤0.01% |
68,000
-45,800
| -40% | -$569K |
|
4452
Oil-Dri
ODC
$1.44B
| $629K | ﹤0.01% |
14,350
+1,818
| +15% | +$66.6K |
|
4453
PUT
Pinnacle West Capital
PNW
$12.2B
| $627K | ﹤0.01% |
7,400
-27,200
| -79% | -$2.42M |
|
|
ATXS
4454
CALL
DELISTED
Astria Therapeutics
ATXS
| $626K | ﹤0.01% |
70,000
+32,600
| +87% | +$346K |
|
4455
PUT
Wabtec
WAB
$49.1B
| $626K | ﹤0.01% |
3,300
+500
| +18% | +$96.8K |
|
|
RBOT
4456
DELISTED
Vicarious Surgical
RBOT
| $625K | ﹤0.01% |
47,457
-4,711
| -9% | -$48.5K |
|
4457
German American Bancorp
GABC
$1.91B
| $624K | ﹤0.01% |
15,516
-7,193
| -32% | -$305K |
|
4458
KLX Energy Services
KLXE
$45M
| $624K | ﹤0.01% |
125,300
-35,613
| -22% | -$185K |
|
4459
Motorcar Parts of America
MPAA
$254M
| $624K | ﹤0.01% |
82,056
+23,164
| +39% | +$157K |
|
4460
PUT
Insight Enterprises
NSIT
$3.89B
| $624K | ﹤0.01% |
4,100
-3,200
| -44% | -$572K |
|
4461
Gaotu Techedu
GOTU
$434M
| $623K | ﹤0.01% |
284,370
-77,913
| -22% | -$227K |
|
4462
Pangaea Logistics
PANL
$498M
| $622K | ﹤0.01% |
116,080
-76,821
| -40% | -$463K |
|
|
SERV
4463
Serve Robotics
SERV
$407M
| $622K | ﹤0.01% |
46,067
-94,810
| -67% | -$996K |
|
4464
Kodak
KODK
$822M
| $617K | ﹤0.01% |
93,983
+43,504
| +86% | +$247K |
|
4465
CALL
Allstate
ALL
$68B
| $617K | ﹤0.01% |
3,200
-2,400
| -43% | -$466K |
|
4466
Quad
QUAD
$536M
| $616K | ﹤0.01% |
88,352
+50,517
| +134% | +$342K |
|
4467
Avantis US Large Cap Value ETF
AVLV
$18B
| $615K | ﹤0.01% |
+9,218
| New | +$627K |
|
4468
Carter's
CRI
$1.42B
| $615K | ﹤0.01% |
11,353
-86,153
| -88% | -$4.94M |
|
4469
Energy Services of America
ESOA
$268M
| $615K | ﹤0.01% |
48,749
+10,157
| +26% | +$133K |
|
4470
Lyell Immunopharma
LYEL
$317M
| $613K | ﹤0.01% |
47,875
+12,372
| +35% | +$245K |
|
4471
Claros Mortgage Trust
CMTG
$250M
| $612K | ﹤0.01% |
135,388
+37,548
| +38% | +$234K |
|
|
DEA
4472
Easterly Government Properties
DEA
$1.13B
| $611K | ﹤0.01% |
21,518
-21,938
| -50% | -$697K |
|
|
GNFT
4473
DELISTED
Genfit
GNFT
| $611K | ﹤0.01% |
+166,375
| New | +$800K |
|
4474
Metropolitan Bank Holding Corp
MCB
$1.15B
| $609K | ﹤0.01% |
10,434
-80,795
| -89% | -$4.85M |
|
|
FFC
4475
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$777M
| $609K | ﹤0.01% |
39,196
-47,618
| -55% | -$760K |
|
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.