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 | |
|---|---|---|---|---|---|---|
4551
Santander
BSBR
$42.5B
| $557K | ﹤0.01% |
142,466
-204,523
| -59% | -$936K |
|
|
DM
4552
DELISTED
Desktop Metal, Inc.
DM
| $557K | ﹤0.01% |
237,969
-40,728
| -15% | -$172K |
|
|
GAUZ
4553
Gauzy
GAUZ
$5.15M
| $557K | ﹤0.01% |
56,170
-135,183
| -71% | -$1.18M |
|
4554
CALL
Liberty Media Series C
FWONK
$24.6B
| $556K | ﹤0.01% |
+6,000
| New | +$509K |
|
4555
RCI Hospitality Holdings
RICK
$192M
| $556K | ﹤0.01% |
9,669
-30,389
| -76% | -$1.48M |
|
4556
CALL
Cytokinetics
CYTK
$10.5B
| $555K | ﹤0.01% |
11,800
-20,400
| -63% | -$1.06M |
|
4557
PJT Partners
PJT
$4.3B
| $555K | ﹤0.01% |
+3,517
| New | +$536K |
|
|
AL
4558
DELISTED
Air Lease Corp
AL
| $554K | ﹤0.01% |
11,492
-207,512
| -95% | -$9.79M |
|
4559
CALL
ZIM Integrated Shipping Services
ZIM
$3.04B
| $554K | ﹤0.01% |
25,800
-24,600
| -49% | -$541K |
|
4560
Adecoagro
AGRO
$1.44B
| $553K | ﹤0.01% |
58,693
-16,348
| -22% | -$178K |
|
4561
Ternium
TX
$9.67B
| $551K | ﹤0.01% |
18,947
+7,853
| +71% | +$263K |
|
4562
Compugen
CGEN
$222M
| $550K | ﹤0.01% |
359,397
+156,959
| +78% | +$255K |
|
|
WHWK
4563
Whitehawk Therapeutics
WHWK
$190M
| $549K | ﹤0.01% |
173,998
-2,785
| -2% | -$6.31K |
|
4564
Frequency Electronics
FEIM
$635M
| $549K | ﹤0.01% |
29,622
+8,116
| +38% | +$114K |
|
4565
Northrim BanCorp
NRIM
$590M
| $548K | ﹤0.01% |
+28,132
| New | +$538K |
|
4566
Titan Machinery
TITN
$396M
| $547K | ﹤0.01% |
38,689
+4,266
| +12% | +$61.8K |
|
4567
Cohu
COHU
$2.26B
| $546K | ﹤0.01% |
20,465
-26,136
| -56% | -$684K |
|
4568
PUT
Starwood Property Trust
STWD
$5.92B
| $546K | ﹤0.01% |
+28,800
| New | +$571K |
|
4569
PUT
BioMarin Pharmaceuticals
BMRN
$11.6B
| $546K | ﹤0.01% |
8,300
-60,400
| -88% | -$4.05M |
|
|
LUXE
4570
LuxExperience B.V.
LUXE
$1.1B
| $546K | ﹤0.01% |
+76,838
| New | +$514K |
|
4571
Voyager Therapeutics
VYGR
$183M
| $545K | ﹤0.01% |
96,178
-60,935
| -39% | -$393K |
|
4572
Paramount Gold Nevada
PZG
$96.1M
| $545K | ﹤0.01% |
1,592,539
-49,235
| -3% | -$19.1K |
|
4573
PUT
Celestica
CLS
$38.1B
| $545K | ﹤0.01% |
5,900
-15,600
| -73% | -$1.22M |
|
|
IVAC
4574
DELISTED
Intevac Inc
IVAC
| $544K | ﹤0.01% |
160,093
-5,490
| -3% | -$17.3K |
|
4575
Primis Financial Corp
FRST
$399M
| $543K | ﹤0.01% |
46,575
-13,687
| -23% | -$164K |
|
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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.