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 | |
|---|---|---|---|---|---|---|
4901
CALL
Semtech
SMTC
$11B
| $334K | ﹤0.01% |
5,400
-900
| -14% | -$47.5K |
|
4902
iShares S&P Small-Cap 600 Value ETF
IJS
$8.12B
| $332K | ﹤0.01% |
+3,060
| New | +$339K |
|
|
BZUN
4903
Baozun
BZUN
$167M
| $332K | ﹤0.01% |
+121,901
| New | +$369K |
|
4904
Check Point Software Technologies
CHKP
$13B
| $331K | ﹤0.01% |
1,775
-12,407
| -87% | -$2.34M |
|
4905
Inseego
INSG
$114M
| $330K | ﹤0.01% |
32,211
-40,732
| -56% | -$598K |
|
4906
GoPro
GPRO
$130M
| $330K | ﹤0.01% |
302,998
-103,577
| -25% | -$132K |
|
4907
Heron Therapeutics
HRTX
$93.9M
| $330K | ﹤0.01% |
215,531
-718,857
| -77% | -$1.17M |
|
4908
CALL
Alnylam Pharmaceuticals
ALNY
$27.5B
| $329K | ﹤0.01% |
1,400
-6,100
| -81% | -$1.6M |
|
4909
CALL
Public Storage
PSA
$60.5B
| $329K | ﹤0.01% |
1,100
-4,600
| -81% | -$1.53M |
|
4910
PUT
Qorvo
QRVO
$7.99B
| $329K | ﹤0.01% |
4,700
-8,300
| -64% | -$665K |
|
4911
Adams Diversified Equity Fund
ADX
$3.13B
| $329K | ﹤0.01% |
16,264
-64,632
| -80% | -$1.38M |
|
4912
DocGo
DCGO
$64.3M
| $328K | ﹤0.01% |
77,254
-187,159
| -71% | -$721K |
|
|
IMA
4913
ImageneBio Inc
IMA
$63M
| $327K | ﹤0.01% |
16,640
-4,145
| -20% | -$83.8K |
|
|
GTLS.PRB
4914
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
| $326K | ﹤0.01% |
+4,602
| New | +$284K |
|
4915
Rallybio
RLYB
$84.5M
| $325K | ﹤0.01% |
42,364
-504
| -1% | -$4.22K |
|
4916
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.2B
| $325K | ﹤0.01% |
+1,282
| New | +$330K |
|
4917
Republic Bancorp
RBCAA
$1.95B
| $325K | ﹤0.01% |
4,653
-3,391
| -42% | -$242K |
|
4918
PUT
Middleby
MIDD
$6.04B
| $325K | ﹤0.01% |
2,400
| – | – |
|
4919
Advanced Energy
AEIS
$11.6B
| $324K | ﹤0.01% |
2,801
-818
| -23% | -$92K |
|
4920
PUT
Sweetgreen
SG
$766M
| $324K | ﹤0.01% |
10,100
-4,600
| -31% | -$171K |
|
|
QVCGA
4921
DELISTED
QVC Group Inc Series A
QVCGA
| $324K | ﹤0.01% |
19,619
-6,349
| -24% | -$148K |
|
4922
Akebia Therapeutics
AKBA
$354M
| $322K | ﹤0.01% |
169,647
+149,402
| +738% | +$259K |
|
4923
Monte Rosa Therapeutics
GLUE
$1.4B
| $322K | ﹤0.01% |
46,370
+15,749
| +51% | +$118K |
|
4924
AC Immune
ACIU
$223M
| $321K | ﹤0.01% |
119,040
-47,100
| -28% | -$147K |
|
4925
Acme United Corp
ACU
$217M
| $321K | ﹤0.01% |
+8,598
| New | +$357K |
|
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.