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 | |
|---|---|---|---|---|---|---|
5051
Blue Owl Capital
OWL
$7B
| $254K | ﹤0.01% |
10,936
-24,895
| -69% | -$570K |
|
5052
PUT
QuantumScape Corp
QS
$3.2B
| $254K | ﹤0.01% |
+49,000
| New | +$257K |
|
5053
CALL
Alexandria Real Estate Equities
ARE
$8.97B
| $254K | ﹤0.01% |
2,600
-19,200
| -88% | -$2.1M |
|
5054
PUT
Canadian Solar
CSIQ
$1.02B
| $254K | ﹤0.01% |
+22,800
| New | +$294K |
|
5055
Vista Energy
VIST
$7.78B
| $253K | ﹤0.01% |
4,682
-238,640
| -98% | -$12.3M |
|
5056
Hamilton Lane
HLNE
$4.91B
| $253K | ﹤0.01% |
1,711
-4,133
| -71% | -$737K |
|
5057
CALL
FMC
FMC
$1.36B
| $253K | ﹤0.01% |
5,200
-3,600
| -41% | -$210K |
|
5058
Construction Partners
ROAD
$5.9B
| $253K | ﹤0.01% |
2,857
-7,005
| -71% | -$609K |
|
5059
Ferrovial N.V. Ordinary Shares
FER
$47.1B
| $253K | ﹤0.01% |
+6,067
| New | +$247K |
|
|
FRGE
5060
DELISTED
Forge Global Holdings
FRGE
| $252K | ﹤0.01% |
18,068
-10,938
| -38% | -$180K |
|
5061
CALL
ArcBest
ARCB
$3.24B
| $252K | ﹤0.01% |
2,700
| – | – |
|
5062
Business First Bancshares
BFST
$1.04B
| $251K | ﹤0.01% |
9,769
-3,879
| -28% | -$104K |
|
5063
Moog Inc Class A
MOG.A
$12.4B
| $251K | ﹤0.01% |
1,275
-23,663
| -95% | -$4.86M |
|
5064
Park-Ohio Holdings
PKOH
$579M
| $251K | ﹤0.01% |
9,553
-8,459
| -47% | -$255K |
|
5065
Priority Technology Holdings
PRTH
$532M
| $250K | ﹤0.01% |
21,315
-8,167
| -28% | -$64K |
|
5066
PUT
Magnite
MGNI
$2.75B
| $250K | ﹤0.01% |
15,700
| – | – |
|
5067
York Water
YORW
$503M
| $250K | ﹤0.01% |
7,635
-12,352
| -62% | -$440K |
|
5068
PUT
Global Ship Lease
GSL
$1.59B
| $249K | ﹤0.01% |
11,400
-2,200
| -16% | -$51.3K |
|
5069
PUT
Warner Music
WMG
$13.6B
| $248K | ﹤0.01% |
+8,000
| New | +$256K |
|
5070
FitLife Brands
FTLF
$93M
| $248K | ﹤0.01% |
15,206
-1,780
| -10% | -$28.9K |
|
5071
CALL
Wheaton Precious Metals
WPM
$50B
| $247K | ﹤0.01% |
+4,400
| New | +$273K |
|
|
BGB
5072
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $247K | ﹤0.01% |
20,230
-58,050
| -74% | -$719K |
|
5073
Waldencast
WALD
$223M
| $247K | ﹤0.01% |
61,447
-56,322
| -48% | -$198K |
|
5074
Invesco S&P 500 GARP ETF
SPGP
$2.24B
| $247K | ﹤0.01% |
+2,352
| New | +$253K |
|
5075
Distribution Solutions Group
DSGR
$1.6B
| $246K | ﹤0.01% |
+7,142
| New | +$274K |
|
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.