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 | |
|---|---|---|---|---|---|---|
4676
Mayville Engineering Co
MEC
$654M
| $477K | ﹤0.01% |
+30,344
| New | +$555K |
|
|
UBFO
4677
DELISTED
United Security Bancshares
UBFO
| $475K | ﹤0.01% |
47,013
+36,103
| +331% | +$337K |
|
4678
Transportadora de Gas del Sur
TGS
$4.79B
| $475K | ﹤0.01% |
16,217
-124,004
| -88% | -$3.13M |
|
4679
Telecom Argentina
TEO
$6.03B
| $475K | ﹤0.01% |
37,700
-128,204
| -77% | -$1.42M |
|
4680
Paychex
PAYX
$41.6B
| $473K | ﹤0.01% |
+3,375
| New | +$479K |
|
4681
CALL
SoFi Technologies
SOFI
$21B
| $473K | ﹤0.01% |
30,700
-20,000
| -39% | -$260K |
|
4682
TriMas Corp
TRS
$1.43B
| $473K | ﹤0.01% |
19,225
-157,660
| -89% | -$4.13M |
|
|
RSVR
4683
DELISTED
Reservoir Media
RSVR
| $472K | ﹤0.01% |
52,194
+24,528
| +89% | +$216K |
|
4684
CALL
RH
RH
$3.13B
| $472K | ﹤0.01% |
1,200
-3,400
| -74% | -$1.21M |
|
4685
PUT
Clear Secure
YOU
$5.57B
| $472K | ﹤0.01% |
+17,700
| New | +$535K |
|
4686
PUT
Global X Uranium ETF
URA
$5.42B
| $469K | ﹤0.01% |
17,500
-3,000
| -15% | -$91.8K |
|
4687
PUT
SL Green Realty
SLG
$3.76B
| $469K | ﹤0.01% |
6,900
-100
| -1% | -$7.39K |
|
4688
Climb Global Solutions
CLMB
$500M
| $466K | ﹤0.01% |
14,696
-1,804
| -11% | -$53.6K |
|
|
AKRO
4689
DELISTED
Akero Therapeutics
AKRO
| $466K | ﹤0.01% |
16,736
-57,892
| -78% | -$1.75M |
|
4690
First Bank
FRBA
$464M
| $465K | ﹤0.01% |
33,052
-17,294
| -34% | -$253K |
|
4691
Flotek Industries
FTK
$852M
| $465K | ﹤0.01% |
+48,746
| New | +$332K |
|
4692
Sight Sciences
SGHT
$286M
| $464K | ﹤0.01% |
+127,510
| New | +$581K |
|
|
DRD
4693
DRDGold
DRD
$1.77B
| $463K | ﹤0.01% |
53,669
+20,475
| +62% | +$208K |
|
4694
CALL
LivaNova
LIVN
$4.4B
| $463K | ﹤0.01% |
10,000
-61,700
| -86% | -$3.16M |
|
4695
5E Advanced Materials
FEAM
$45.7M
| $462K | ﹤0.01% |
31,412
-1,587
| -5% | -$19K |
|
4696
Inhibikase Therapeutics
IKT
$342M
| $462K | ﹤0.01% |
+142,209
| New | +$355K |
|
4697
CALL
Occidental Petroleum Corp Warrants
OXY.WS
$33B
| $462K | ﹤0.01% |
16,775
-1,667,422
| -99% | -$47.7M |
|
4698
Pediatrix Medical
MD
$2.18B
| $462K | ﹤0.01% |
35,203
-5,573
| -14% | -$76.9K |
|
4699
Upland Software
UPLD
$12.8M
| $462K | ﹤0.01% |
10,636
+3,733
| +54% | +$121K |
|
4700
iShares US Transportation ETF
IYT
$2.26B
| $461K | ﹤0.01% |
+6,829
| New | +$483K |
|
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.