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 | |
|---|---|---|---|---|---|---|
5001
Elbit Systems
ESLT
$38.1B
| $278K | ﹤0.01% |
1,078
-36,676
| -97% | -$8.6M |
|
5002
PUT
Box
BOX
$4.36B
| $278K | ﹤0.01% |
8,800
-1,400
| -14% | -$45.9K |
|
|
YMAB
5003
DELISTED
Y-mAbs Therapeutics
YMAB
| $278K | ﹤0.01% |
35,447
-36,139
| -50% | -$440K |
|
5004
CALL
BJs Wholesale Club
BJ
$12.5B
| $277K | ﹤0.01% |
3,100
-5,300
| -63% | -$479K |
|
5005
Rogers Corp
ROG
$2.22B
| $276K | ﹤0.01% |
2,720
-11,794
| -81% | -$1.23M |
|
5006
AMES National
ATLO
$268M
| $276K | ﹤0.01% |
+16,782
| New | +$290K |
|
5007
Northwest Natural Holdings
NWN
$2.06B
| $275K | ﹤0.01% |
6,962
-33,020
| -83% | -$1.35M |
|
|
SQNS
5008
Sequans Communications SA
SQNS
$37M
| $275K | ﹤0.01% |
7,885
-2,509
| -24% | -$69.3K |
|
5009
Plumas Bancorp
PLBC
$426M
| $275K | ﹤0.01% |
5,818
-958
| -14% | -$43K |
|
5010
Candel Therapeutics
CADL
$734M
| $275K | ﹤0.01% |
31,626
+17,914
| +131% | +$106K |
|
5011
Burford Capital
BUR
$894M
| $273K | ﹤0.01% |
+21,426
| New | +$288K |
|
5012
PUT
Regions Financial
RF
$26.5B
| $273K | ﹤0.01% |
+11,600
| New | +$287K |
|
5013
Diana Shipping
DSX
$300M
| $272K | ﹤0.01% |
+138,547
| New | +$295K |
|
5014
Amplify Blockchain Technology ETF
BLOK
$1.09B
| $271K | ﹤0.01% |
6,284
-7,840
| -56% | -$353K |
|
5015
Vicor
VICR
$9.76B
| $270K | ﹤0.01% |
5,589
-7,022
| -56% | -$351K |
|
5016
Open Text
OTEX
$6.09B
| $269K | ﹤0.01% |
9,508
-780,164
| -99% | -$24M |
|
5017
Deluxe
DLX
$1.18B
| $269K | ﹤0.01% |
11,916
-91,857
| -89% | -$1.97M |
|
5018
CALL
Flywire
FLYW
$1.98B
| $268K | ﹤0.01% |
+13,000
| New | +$254K |
|
5019
CALL
Summit Therapeutics
SMMT
$10.6B
| $268K | ﹤0.01% |
15,000
-400
| -3% | -$7.75K |
|
5020
BlackRock Health Sciences Trust
BME
$564M
| $267K | ﹤0.01% |
7,052
-2,352
| -25% | -$93.9K |
|
5021
Middleby
MIDD
$6.05B
| $267K | ﹤0.01% |
1,974
-2,491
| -56% | -$343K |
|
5022
NCR Atleos
NATL
$3.46B
| $267K | ﹤0.01% |
7,881
-69,609
| -90% | -$2.11M |
|
|
SEG
5023
Seaport Entertainment Group
SEG
$333M
| $267K | ﹤0.01% |
9,560
+1,082
| +13% | +$31.2K |
|
5024
CALL
Edgewise Therapeutics
EWTX
$4.17B
| $267K | ﹤0.01% |
10,000
-10,000
| -50% | -$318K |
|
5025
iShares Russell Mid-Cap Growth ETF
IWP
$19.8B
| $266K | ﹤0.01% |
2,100
-6,007
| -74% | -$764K |
|
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.