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 | |
|---|---|---|---|---|---|---|
4701
PUT
Plains GP Holdings
PAGP
$5.21B
| $461K | ﹤0.01% |
25,100
+5,600
| +29% | +$104K |
|
4702
VanEck Intermediate Muni ETF
ITM
$2.14B
| $461K | ﹤0.01% |
+10,000
| New | +$463K |
|
4703
DiaMedica Therapeutics
DMAC
$342M
| $461K | ﹤0.01% |
84,829
+51,139
| +152% | +$241K |
|
4704
iHeartMedia
IHRT
$543M
| $460K | ﹤0.01% |
232,150
+198,071
| +581% | +$419K |
|
4705
CALL
Western Alliance Bancorporation
WAL
$8.79B
| $459K | ﹤0.01% |
5,500
| – | – |
|
4706
CALL
Equity Residential
EQR
$24.9B
| $459K | ﹤0.01% |
6,400
-34,700
| -84% | -$2.55M |
|
4707
CSP Inc
CSPI
$79.7M
| $459K | ﹤0.01% |
28,570
+4,659
| +19% | +$67.3K |
|
|
ELEV
4708
DELISTED
Elevation Oncology
ELEV
| $459K | ﹤0.01% |
815,916
+30,466
| +4% | +$18K |
|
4709
CALL
Reddit
RDDT
$27.1B
| $458K | ﹤0.01% |
+2,800
| New | +$346K |
|
4710
CALL
ResMed
RMD
$30.6B
| $457K | ﹤0.01% |
2,000
-58,100
| -97% | -$14M |
|
4711
Kaiser Aluminum
KALU
$2.61B
| $456K | ﹤0.01% |
6,484
-162
| -2% | -$12.3K |
|
4712
PUT
Boot Barn
BOOT
$4.51B
| $455K | ﹤0.01% |
+3,000
| New | +$443K |
|
4713
iShares MSCI Israel ETF
EIS
$889M
| $454K | ﹤0.01% |
5,894
+2,491
| +73% | +$178K |
|
4714
DHI Group
DHX
$182M
| $452K | ﹤0.01% |
255,514
-48,833
| -16% | -$86.3K |
|
4715
China Yuchai International
CYD
$1.77B
| $450K | ﹤0.01% |
47,263
+14,030
| +42% | +$147K |
|
4716
Fossil Group
FOSL
$293M
| $450K | ﹤0.01% |
269,313
-74,971
| -22% | -$110K |
|
4717
Kennametal
KMT
$2.59B
| $449K | ﹤0.01% |
18,707
-653,327
| -97% | -$17.4M |
|
4718
Deutsche Bank
DB
$69B
| $448K | ﹤0.01% |
26,275
-9,921
| -27% | -$171K |
|
4719
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $447K | ﹤0.01% |
16,234
-19,011
| -54% | -$535K |
|
4720
PUT
Healthpeak Properties
DOC
$15.1B
| $446K | ﹤0.01% |
+22,000
| New | +$477K |
|
4721
PUT
Ecolab
ECL
$78.1B
| $445K | ﹤0.01% |
1,900
-2,000
| -51% | -$497K |
|
4722
PDF Solutions
PDFS
$1.93B
| $445K | ﹤0.01% |
16,415
+8,660
| +112% | +$261K |
|
4723
Smartbird Inc
BIRD
$19.5M
| $444K | ﹤0.01% |
63,725
-6,960
| -10% | -$62.6K |
|
4724
Watsco Inc
WSO
$12.7B
| $444K | ﹤0.01% |
937
-12,595
| -93% | -$6.38M |
|
4725
PUT
Alamos Gold
AGI
$11.6B
| $443K | ﹤0.01% |
+24,000
| New | +$464K |
|
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.