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 | |
|---|---|---|---|---|---|---|
5201
Richtech Robotics
RR
$322M
| $198K | ﹤0.01% |
+73,197
| New | +$66K |
|
|
SACH
5202
Sachem Capital Corp
SACH
$38.6M
| $196K | ﹤0.01% |
144,975
-46,521
| -24% | -$87.5K |
|
5203
Verastem
VSTM
$536M
| $196K | ﹤0.01% |
+37,818
| New | +$149K |
|
|
BASE
5204
DELISTED
Couchbase
BASE
| $194K | ﹤0.01% |
12,471
-136,455
| -92% | -$2.33M |
|
5205
BlackRock Credit Allocation Income Trust
BTZ
$935M
| $194K | ﹤0.01% |
18,581
-51,958
| -74% | -$565K |
|
5206
CALL
Lifezone Metals Ltd Warrants
LZM.WS
$19.8M
| $194K | ﹤0.01% |
264,000
| – | – |
|
5207
CALL
Veru
VERU
$35.6M
| $194K | ﹤0.01% |
29,840
| – | – |
|
|
EVGOW
5208
CALL
DELISTED
EVgo Inc Warrants
EVGOW
| $194K | ﹤0.01% |
363,150
| – | – |
|
5209
KT
KT
$8.8B
| $194K | ﹤0.01% |
12,495
-53,224
| -81% | -$846K |
|
5210
Saga Communications
SGA
$57.4M
| $193K | ﹤0.01% |
17,524
-4,857
| -22% | -$63.5K |
|
5211
PUT
AGNC Investment
AGNC
$12.7B
| $192K | ﹤0.01% |
20,900
| – | – |
|
5212
Recursion Pharmaceuticals
RXRX
$1.61B
| $191K | ﹤0.01% |
28,310
-10,473
| -27% | -$70.4K |
|
5213
X4 Pharmaceuticals
XFOR
$377M
| $190K | ﹤0.01% |
8,625
-3,482
| -29% | -$55.5K |
|
|
LGCY
5214
Legacy Education Inc
LGCY
$153M
| $190K | ﹤0.01% |
+22,807
| New | +$151K |
|
5215
CALL
Nokia
NOK
$50.7B
| $190K | ﹤0.01% |
42,800
-15,000
| -26% | -$66.9K |
|
5216
CALL
Plains All American Pipeline
PAA
$17.5B
| $190K | ﹤0.01% |
11,100
| – | – |
|
5217
CALL
Vivid Seats Inc Warrant
SEATW
| $189K | ﹤0.01% |
533,333
| – | – |
|
5218
Context Therapeutics
CNTX
$55.8M
| $188K | ﹤0.01% |
178,718
+34,835
| +24% | +$60.3K |
|
5219
Crawford & Co Class A
CRD.A
$532M
| $185K | ﹤0.01% |
+15,981
| New | +$184K |
|
5220
CI&T Inc
CINT
$414M
| $183K | ﹤0.01% |
30,225
-283,875
| -90% | -$1.91M |
|
5221
Noodles & Co
NDLS
$105M
| $183K | ﹤0.01% |
39,604
-2,781
| -7% | -$20.3K |
|
5222
TELA Bio
TELA
$31.8M
| $183K | ﹤0.01% |
60,476
-98,576
| -62% | -$277K |
|
5223
SelectQuote
SLQT
$128M
| $181K | ﹤0.01% |
48,724
-42,124
| -46% | -$107K |
|
|
EVV
5224
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $181K | ﹤0.01% |
18,475
-44,935
| -71% | -$459K |
|
5225
Future Fuel
FF
$218M
| $180K | ﹤0.01% |
34,084
-319,142
| -90% | -$1.78M |
|
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.