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 | |
|---|---|---|---|---|---|---|
|
DQ
4626
Daqo New Energy
DQ
$823M
| $507K | ﹤0.01% |
26,055
-11,011
| -30% | -$225K |
|
4627
PUT
Douglas Emmett
DEI
$1.98B
| $505K | ﹤0.01% |
+27,200
| New | +$507K |
|
4628
PUT
Iron Mountain
IRM
$36.4B
| $505K | ﹤0.01% |
4,800
+800
| +20% | +$94K |
|
4629
Beazer Homes USA
BZH
$877M
| $504K | ﹤0.01% |
18,360
+6,831
| +59% | +$218K |
|
|
NEWP
4630
New Pacific Metals
NEWP
$859M
| $504K | ﹤0.01% |
426,506
-38,266
| -8% | -$59.6K |
|
4631
CALL
Edison International
EIX
$28.2B
| $503K | ﹤0.01% |
6,300
-26,100
| -81% | -$2.18M |
|
4632
Center Bancorp
CNOB
$1.66B
| $503K | ﹤0.01% |
+21,940
| New | +$565K |
|
4633
Symbotic
SYM
$5.48B
| $502K | ﹤0.01% |
21,168
-286,188
| -93% | -$8.13M |
|
4634
PUT
Cinemark Holdings
CNK
$4.24B
| $502K | ﹤0.01% |
16,200
| – | – |
|
|
NBXG
4635
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.15B
| $502K | ﹤0.01% |
39,365
+19,244
| +96% | +$250K |
|
4636
CALL
CoStar Group
CSGP
$11.7B
| $501K | ﹤0.01% |
7,000
-2,700
| -28% | -$204K |
|
4637
Smith & Wesson
SWBI
$651M
| $501K | ﹤0.01% |
+49,532
| New | +$620K |
|
|
SAFE
4638
Safehold
SAFE
$1.16B
| $500K | ﹤0.01% |
27,078
-1,981
| -7% | -$43.1K |
|
4639
Disc Medicine
IRON
$2.96B
| $500K | ﹤0.01% |
+7,879
| New | +$456K |
|
4640
International Money Express
IMXI
$357M
| $499K | ﹤0.01% |
23,967
-71,579
| -75% | -$1.41M |
|
|
TRST
4641
Trustco Bank Corp NY
TRST
$970M
| $499K | ﹤0.01% |
14,977
-4,169
| -22% | -$145K |
|
4642
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.15B
| $498K | ﹤0.01% |
+7,890
| New | +$510K |
|
4643
Velocity Financial
VEL
$689M
| $498K | ﹤0.01% |
25,448
-3,294
| -11% | -$65.5K |
|
4644
Integra LifeSciences
IART
$1.29B
| $498K | ﹤0.01% |
21,947
-169,856
| -89% | -$3.71M |
|
4645
CALL
Match Group
MTCH
$9.19B
| $497K | ﹤0.01% |
15,200
-218,200
| -93% | -$7.48M |
|
4646
Resideo Technologies
REZI
$5.19B
| $497K | ﹤0.01% |
21,561
-854,683
| -98% | -$20M |
|
|
FLG
4647
CALL
Flagstar Bank National Association
FLG
$5.93B
| $496K | ﹤0.01% |
53,200
-2,728,500
| -98% | -$29.8M |
|
4648
CALL
Immunovant
IMVT
$7.93B
| $495K | ﹤0.01% |
+20,000
| New | +$567K |
|
4649
Amplify Alternative Harvest ETF
MJ
$101M
| $494K | ﹤0.01% |
+18,388
| New | +$615K |
|
4650
PUT
GE Vernova
GEV
$264B
| $493K | ﹤0.01% |
1,500
-9,000
| -86% | -$2.81M |
|
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.