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 | |
|---|---|---|---|---|---|---|
4826
PUT
The GEO Group
GEO
$4.13B
| $378K | ﹤0.01% |
13,500
-12,800
| -49% | -$284K |
|
4827
SEACOR Marine Holdings
SMHI
$256M
| $378K | ﹤0.01% |
57,574
-63,743
| -53% | -$474K |
|
4828
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.12B
| $376K | ﹤0.01% |
1,547
-1,002
| -39% | -$234K |
|
4829
Perion Network
PERI
$375M
| $376K | ﹤0.01% |
44,382
-24,407
| -35% | -$205K |
|
|
ADAM
4830
Adamas Trust
ADAM
$815M
| $375K | ﹤0.01% |
61,944
-4,030
| -6% | -$23.7K |
|
4831
flyExclusive
FLYX
$60.1M
| $375K | ﹤0.01% |
119,010
+9,816
| +9% | +$23.5K |
|
4832
iShares MSCI USA Value Factor ETF
VLUE
$9.17B
| $374K | ﹤0.01% |
3,541
-16,569
| -82% | -$1.82M |
|
4833
Hanover Bancorp
HNVR
$188M
| $373K | ﹤0.01% |
+16,191
| New | +$353K |
|
4834
Marcus & Millichap
MMI
$1.16B
| $373K | ﹤0.01% |
9,751
-20,202
| -67% | -$792K |
|
4835
CALL
Fortrea Holdings
FTRE
$1.82B
| $373K | ﹤0.01% |
20,000
-96,200
| -83% | -$1.87M |
|
|
IRBT
4836
DELISTED
iRobot
IRBT
| $373K | ﹤0.01% |
48,103
-239,670
| -83% | -$1.92M |
|
4837
PUT
New Oriental
EDU
$9.37B
| $372K | ﹤0.01% |
5,800
| – | – |
|
|
LGTY
4838
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $371K | ﹤0.01% |
33,506
-359,552
| -91% | -$3.92M |
|
4839
Royal Caribbean
RCL
$85.1B
| $371K | ﹤0.01% |
1,608
-32,435
| -95% | -$7.18M |
|
4840
PUT
KBR
KBR
$4.64B
| $371K | ﹤0.01% |
6,400
-12,000
| -65% | -$765K |
|
4841
TTEC Holdings
TTEC
$121M
| $369K | ﹤0.01% |
73,940
-129,461
| -64% | -$677K |
|
4842
CALL
Exelon
EXC
$46.9B
| $369K | ﹤0.01% |
9,800
-1,600
| -14% | -$62.1K |
|
4843
Nelnet
NNI
$4.88B
| $369K | ﹤0.01% |
+3,453
| New | +$382K |
|
4844
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
| $368K | ﹤0.01% |
+8,075
| New | +$372K |
|
4845
Telesat
TSAT
$567M
| $368K | ﹤0.01% |
+22,358
| New | +$311K |
|
4846
PUT
Iris Energy
IREN
$13.2B
| $367K | ﹤0.01% |
37,400
-14,100
| -27% | -$150K |
|
4847
Vanguard Russell 1000 Growth ETF
VONG
$42.8B
| $367K | ﹤0.01% |
3,551
-881
| -20% | -$89.2K |
|
|
TE
4848
T1 Energy
TE
$1.16B
| $366K | ﹤0.01% |
141,866
+25,300
| +22% | +$42.4K |
|
4849
CALL
Hertz
HTZ
$499M
| $366K | ﹤0.01% |
100,000
| – | – |
|
4850
Lightwave Logic
LWLG
$995M
| $364K | ﹤0.01% |
+173,552
| New | +$497K |
|
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.