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 | |
|---|---|---|---|---|---|---|
5151
CALL
Alvotech Warrant
ALVOW
$45.3M
| $217K | ﹤0.01% |
69,711
| – | – |
|
5152
Biohaven
BHVN
$2.08B
| $217K | ﹤0.01% |
5,801
-172,878
| -97% | -$8.07M |
|
5153
Entrada Therapeutics
TRDA
$263M
| $217K | ﹤0.01% |
12,527
-98,416
| -89% | -$1.78M |
|
5154
Richmond Mutual Bancorp
RMBI
$249M
| $216K | ﹤0.01% |
+15,286
| New | +$208K |
|
5155
ESS Tech
GWH
$22.3M
| $216K | ﹤0.01% |
36,752
-26,373
| -42% | -$176K |
|
|
RUMBW
5156
CALL
RUM Group Inc Warrant
RUMBW
$11.8M
| $216K | ﹤0.01% |
43,045
-2,250
| -5% | -$4.89K |
|
5157
PSQ Holdings
PSQH
$13.9M
| $216K | ﹤0.01% |
+3,172
| New | +$150K |
|
5158
PUT
Vodafone
VOD
$37.2B
| $216K | ﹤0.01% |
25,400
-101,100
| -80% | -$921K |
|
5159
Universal Corp
UVV
$1.33B
| $216K | ﹤0.01% |
3,932
-2,607
| -40% | -$140K |
|
5160
CALL
10x Genomics
TXG
$6.28B
| $215K | ﹤0.01% |
15,000
-55,000
| -79% | -$868K |
|
|
FLNA
5161
PUT
Filana Therapeutics
FLNA
$46.4M
| $215K | ﹤0.01% |
+90,900
| New | +$1.6M |
|
5162
FingerMotion
FNGR
$14.5M
| $214K | ﹤0.01% |
178,385
-56,909
| -24% | -$110K |
|
|
NUTX
5163
Nutex Health
NUTX
$1.02B
| $213K | ﹤0.01% |
+6,727
| New | +$192K |
|
5164
PUT
Dave & Buster's
PLAY
$377M
| $213K | ﹤0.01% |
+7,300
| New | +$254K |
|
5165
Caledonia Mining Corp
CMCL
$364M
| $212K | ﹤0.01% |
22,507
+9,902
| +79% | +$127K |
|
5166
CALL
Sony
SONY
$134B
| $212K | ﹤0.01% |
10,000
-1,100,000
| -99% | -$21.4M |
|
5167
First Trust Financials AlphaDEX Fund
FXO
$1.14B
| $210K | ﹤0.01% |
+3,887
| New | +$213K |
|
5168
Broadway Financial
BYFC
$93.7M
| $210K | ﹤0.01% |
30,627
-1,785
| -6% | -$12.3K |
|
5169
BlackRock MuniHoldings Fund
MHD
$602M
| $210K | ﹤0.01% |
17,964
-23,958
| -57% | -$295K |
|
5170
CALL
Axos Financial
AX
$5.6B
| $210K | ﹤0.01% |
+3,000
| New | +$219K |
|
5171
CALL
ALX Oncology
ALXO
$262M
| $209K | ﹤0.01% |
+125,000
| New | +$192K |
|
5172
CALL
ArcelorMittal
MT
$52.3B
| $208K | ﹤0.01% |
+9,000
| New | +$222K |
|
5173
CALL
MGM Resorts International
MGM
$11.7B
| $208K | ﹤0.01% |
6,000
-3,200
| -35% | -$121K |
|
5174
PUT
Hartford Financial Services
HIG
$39.2B
| $208K | ﹤0.01% |
1,900
-2,000
| -51% | -$232K |
|
5175
Ascent Industries
ACNT
$140M
| $208K | ﹤0.01% |
+18,564
| New | +$191K |
|
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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.