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 | 5.92% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
PUT
EOG Resources
EOG
$74.6B
| $79.2M | 0.04% |
646,400
+21,500
| +3% | +$2.75M |
|
502
Dick's Sporting Goods
DKS
$19.2B
| $79.1M | 0.04% |
345,706
+272,078
| +370% | +$57.1M |
|
503
Corteva
CTVA
$51B
| $78.6M | 0.04% |
1,379,982
+1,046,319
| +314% | +$61.9M |
|
504
Sony
SONY
$140B
| $78.6M | 0.04% |
3,712,541
+3,149,231
| +559% | +$61.3M |
|
505
Alnylam Pharmaceuticals
ALNY
$29B
| $78.5M | 0.04% |
333,442
+82,479
| +33% | +$21.7M |
|
506
CALL
Merck
MRK
$323B
| $78.3M | 0.04% |
786,800
+47,200
| +6% | +$4.87M |
|
507
Willis Towers Watson
WTW
$31.9B
| $78.1M | 0.04% |
249,256
-65,225
| -21% | -$20M |
|
508
PUT
State Street SPDR S&P Retail ETF
XRT
$652M
| $78M | 0.04% |
980,000
+75,000
| +8% | +$5.94M |
|
509
TransAlta
TAC
$3.88B
| $77.8M | 0.04% |
5,505,034
-2,890,679
| -34% | -$33M |
|
510
Sprouts Farmers Market
SFM
$7.96B
| $77.3M | 0.04% |
608,013
-22,853
| -4% | -$3.04M |
|
511
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.59B
| $77.2M | 0.04% |
2,918,000
+1,899,900
| +187% | +$53M |
|
512
iShares Semiconductor ETF
SOXX
$44.8B
| $76.8M | 0.04% |
356,490
+87,522
| +33% | +$19.5M |
|
513
Wyndham Hotels & Resorts
WH
$5.29B
| $76.8M | 0.04% |
761,622
-162,794
| -18% | -$15.1M |
|
514
PUT
SLB Ltd
SLB
$78.9B
| $76.6M | 0.04% |
1,997,200
+524,300
| +36% | +$22M |
|
515
PUT
Intuitive Surgical
ISRG
$139B
| $76.5M | 0.04% |
146,600
+13,000
| +10% | +$6.77M |
|
516
PUT
Micron Technology
MU
$972B
| $76.3M | 0.04% |
907,200
-179,000
| -16% | -$18.2M |
|
517
Arch Capital
ACGL
$33.5B
| $75.8M | 0.04% |
820,923
+432,857
| +112% | +$43.7M |
|
518
Semtech
SMTC
$12.2B
| $75.6M | 0.04% |
1,222,924
-216,150
| -15% | -$11.4M |
|
519
Freshpet
FRPT
$3.26B
| $75.6M | 0.04% |
510,196
-5,251
| -1% | -$765K |
|
520
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $75.5M | 0.04% |
549,060
+518,581
| +1,701% | +$75.9M |
|
|
TXNM
521
TXNM Energy Inc
TXNM
$5.91B
| $75.4M | 0.04% |
1,533,662
+1,028,277
| +203% | +$47.5M |
|
522
Carlyle Group
CG
$17.2B
| $75.4M | 0.04% |
1,493,167
+912,962
| +157% | +$46.3M |
|
|
CYBR
523
DELISTED
CyberArk
CYBR
| $75.4M | 0.04% |
226,275
+113,826
| +101% | +$34.6M |
|
524
Ryan Specialty Holdings
RYAN
$10.9B
| $75.3M | 0.04% |
1,174,086
+1,077,169
| +1,111% | +$75M |
|
525
Jazz Pharmaceuticals
JAZZ
$16.7B
| $75.3M | 0.04% |
611,294
-40,652
| -6% | -$4.79M |
|
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.