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 | |
|---|---|---|---|---|---|---|
4601
PUT
Madrigal Pharmaceuticals
MDGL
$10.8B
| $525K | ﹤0.01% |
1,700
-8,300
| -83% | -$2.33M |
|
4602
Hovnanian Enterprises
HOV
$726M
| $523K | ﹤0.01% |
+3,908
| New | +$685K |
|
4603
Mativ Holdings
MATV
$481M
| $523K | ﹤0.01% |
47,953
-29,300
| -38% | -$409K |
|
|
GOGL
4604
DELISTED
Golden Ocean Group
GOGL
| $522K | ﹤0.01% |
58,303
-101,411
| -63% | -$1.09M |
|
4605
CALL
Alpha Metallurgical Resources
AMR
$1.74B
| $520K | ﹤0.01% |
2,600
-2,200
| -46% | -$493K |
|
4606
CALL
Arqit Quantum Warrants
ARQQW
$207K
| $520K | ﹤0.01% |
195,000
| – | – |
|
|
API
4607
Agora
API
$337M
| $520K | ﹤0.01% |
124,963
-2,949
| -2% | -$12.1K |
|
4608
Grid Dynamics Holdings
GDYN
$559M
| $519K | ﹤0.01% |
+23,357
| New | +$408K |
|
4609
Celcuity
CELC
$4.21B
| $519K | ﹤0.01% |
39,660
-113,721
| -74% | -$1.6M |
|
4610
ARK Genomic Revolution ETF
ARKG
$1.57B
| $519K | ﹤0.01% |
22,039
-91,323
| -81% | -$2.25M |
|
4611
PUT
Insmed
INSM
$21.4B
| $518K | ﹤0.01% |
+7,500
| New | +$540K |
|
|
THS
4612
DELISTED
Treehouse Foods
THS
| $517K | ﹤0.01% |
14,730
-153,984
| -91% | -$5.61M |
|
4613
Howard Hughes
HHH
$3.81B
| $517K | ﹤0.01% |
6,721
-16,329
| -71% | -$1.3M |
|
4614
Companhia Siderúrgica Nacional
SID
$1.31B
| $516K | ﹤0.01% |
358,114
-119,404
| -25% | -$234K |
|
4615
PUT
Mobileye
MBLY
$2B
| $514K | ﹤0.01% |
25,800
-11,700
| -31% | -$184K |
|
4616
Bank of Hawaii
BOH
$3.15B
| $514K | ﹤0.01% |
7,214
-471,405
| -98% | -$34M |
|
|
REVG
4617
DELISTED
REV Group
REVG
| $513K | ﹤0.01% |
+16,098
| New | +$479K |
|
4618
Boston Omaha
BOC
$428M
| $512K | ﹤0.01% |
36,079
-28,791
| -44% | -$428K |
|
4619
Essential Utilities
WTRG
$11.3B
| $511K | ﹤0.01% |
14,062
-1,229,422
| -99% | -$47.7M |
|
4620
iShares MSCI ACWI ETF
ACWI
$32.9B
| $511K | ﹤0.01% |
4,346
-18,186
| -81% | -$2.18M |
|
4621
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.42B
| $510K | ﹤0.01% |
10,600
-431,000
| -98% | -$21.5M |
|
|
IGMS
4622
DELISTED
IGM Biosciences
IGMS
| $510K | ﹤0.01% |
83,468
-48,874
| -37% | -$581K |
|
4623
CALL
iShares MSCI Taiwan ETF
EWT
$9.86B
| $507K | ﹤0.01% |
+9,800
| New | +$532K |
|
|
4624
PUT
iShares MSCI Taiwan ETF
EWT
$9.86B
| $507K | ﹤0.01% |
+9,800
| New | +$532K |
|
|
MBAVU
4625
DELISTED
M3-Brigade Acquisition V Corp Units
MBAVU
| $507K | ﹤0.01% |
50,000
-200,000
| -80% | -$2.03M |
|
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.