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 | |
|---|---|---|---|---|---|---|
|
LSEA
5226
DELISTED
Landsea Homes
LSEA
| $179K | ﹤0.01% |
21,127
-17,569
| -45% | -$189K |
|
|
ABLLW
5227
CALL
DELISTED
Abacus Life Warrant
ABLLW
| $179K | ﹤0.01% |
170,691
| – | – |
|
5228
United States Antimony
UAMY
$774M
| $178K | ﹤0.01% |
100,793
+70,105
| +228% | +$70.3K |
|
5229
PUT
Coeur Mining
CDE
$15.9B
| $178K | ﹤0.01% |
+31,100
| New | +$201K |
|
|
RENT
5230
Rent the Runway
RENT
$119M
| $176K | ﹤0.01% |
20,763
-4,515
| -18% | -$43.9K |
|
5231
1stdibs.com
DIBS
$147M
| $176K | ﹤0.01% |
49,631
-43,029
| -46% | -$174K |
|
5232
Codere Online
CDRO
$421M
| $175K | ﹤0.01% |
27,181
-11,882
| -30% | -$91.8K |
|
|
BFZ
5233
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $174K | ﹤0.01% |
15,567
| – | – |
|
|
JBIO
5234
Jade Biosciences
JBIO
$1.22B
| $174K | ﹤0.01% |
1,877
-3,741
| -67% | -$322K |
|
|
AEVA
5235
Aeva Technologies
AEVA
$1.13B
| $174K | ﹤0.01% |
+36,536
| New | +$148K |
|
|
CKPT
5236
DELISTED
Checkpoint Therapeutics
CKPT
| $173K | ﹤0.01% |
+54,186
| New | +$184K |
|
5237
PUT
AdaptHealth
AHCO
$1.45B
| $173K | ﹤0.01% |
+18,200
| New | +$184K |
|
|
HFRO
5238
Highland Opportunities and Income Fund
HFRO
$407M
| $173K | ﹤0.01% |
33,253
-62,330
| -65% | -$353K |
|
5239
First Guaranty Bancshares
FGBI
$158M
| $172K | ﹤0.01% |
+15,159
| New | +$178K |
|
5240
CALL
Ironwood Pharmaceuticals
IRWD
$614M
| $172K | ﹤0.01% |
+38,800
| New | +$157K |
|
5241
Codexis
CDXS
$159M
| $171K | ﹤0.01% |
35,931
-1,364,128
| -97% | -$5.62M |
|
|
TIXT
5242
DELISTED
TELUS International
TIXT
| $171K | ﹤0.01% |
+43,493
| New | +$165K |
|
|
ILLR
5243
Triller Group Inc
ILLR
$20.9M
| $171K | ﹤0.01% |
+7,177
| New | +$262K |
|
5244
CALL
Marathon Digital Holdings
MARA
$4.51B
| $169K | ﹤0.01% |
10,100
-14,100
| -58% | -$285K |
|
5245
Elutia
ELUT
$40M
| $169K | ﹤0.01% |
45,217
+6,386
| +16% | +$24.7K |
|
5246
Better Home & Finance Holding
BETR
$402M
| $168K | ﹤0.01% |
+18,803
| New | +$258K |
|
|
MREO
5247
PUT
Mereo BioPharma
MREO
$50.3M
| $167K | ﹤0.01% |
+47,700
| New | +$187K |
|
5248
Tenax Therapeutics
TENX
$401M
| $166K | ﹤0.01% |
+26,809
| New | +$130K |
|
5249
Pure Cycle
PCYO
$258M
| $166K | ﹤0.01% |
+13,064
| New | +$159K |
|
5250
CALL
XPeng
XPEV
$12.4B
| $165K | ﹤0.01% |
+14,000
| New | +$173K |
|
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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.