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 | |
|---|---|---|---|---|---|---|
5401
P3 Health Partners
PIII
$34M
| $80.1K | ﹤0.01% |
7,119
-2,606
| -27% | -$38.6K |
|
|
HERE
5402
Here Group Ltd
HERE
$101M
| $79.2K | ﹤0.01% |
36,685
+23,272
| +174% | +$68.9K |
|
|
GPMT
5403
Granite Point Mortgage Trust
GPMT
$64.7M
| $78.7K | ﹤0.01% |
28,222
+14,941
| +112% | +$47K |
|
5404
8x8 Inc
EGHT
$262M
| $78.7K | ﹤0.01% |
29,486
-135,631
| -82% | -$348K |
|
|
VFSWW
5405
CALL
VinFast Auto Ltd Warrant
VFSWW
| $78.7K | ﹤0.01% |
183,850
| – | – |
|
5406
CALL
CXApp Inc Warrant
CXAIW
$911K
| $78.4K | ﹤0.01% |
350,000
| – | – |
|
5407
Curis
CRIS
$9.67M
| $78.2K | ﹤0.01% |
1,278
+614
| +92% | +$52.7K |
|
5408
CALL
Biomea Fusion
BMEA
$88.2M
| $77.6K | ﹤0.01% |
20,000
-100,000
| -83% | -$797K |
|
5409
CALL
Hecla Mining
HL
$10B
| $77.6K | ﹤0.01% |
15,800
-32,500
| -67% | -$194K |
|
5410
CALL
LanzaTech Global Warrant
LNZAW
$3.86M
| $77K | ﹤0.01% |
275,000
| – | – |
|
5411
CALL
Algoma Steel Group Warrant
ASTLW
$116K
| $76.9K | ﹤0.01% |
51,250
| – | – |
|
|
NMG
5412
Nouveau Monde Graphite
NMG
$434M
| $75.9K | ﹤0.01% |
47,755
+16,312
| +52% | +$23.5K |
|
|
NAMI
5413
Jinxin Technology Holding
NAMI
$8.26M
| $75.7K | ﹤0.01% |
+742
| New | +$81.4K |
|
5414
Cue Biopharma
CUE
$128M
| $75.5K | ﹤0.01% |
2,310
-9,656
| -81% | -$363K |
|
5415
Atea Pharmaceuticals
AVIR
$379M
| $75.4K | ﹤0.01% |
+22,506
| New | +$74.8K |
|
5416
Natural Health Trends
NHTC
$14.4M
| $74.4K | ﹤0.01% |
16,108
+5,467
| +51% | +$29.7K |
|
5417
El Paso Energy Capital Trust I
EP.PRC
$222M
| $74.4K | ﹤0.01% |
+76,000
| New | +$3.66M |
|
|
LGO
5418
Largo
LGO
$59.4M
| $73.9K | ﹤0.01% |
+42,921
| New | +$87.7K |
|
|
AXIL
5419
AXIL Brands
AXIL
$40.6M
| $73.5K | ﹤0.01% |
19,042
-2,692
| -12% | -$11.1K |
|
5420
Digital Turbine
APPS
$990M
| $73K | ﹤0.01% |
43,171
-328,695
| -88% | -$731K |
|
5421
Serina Therapeutics
SER
$30.6M
| $72.9K | ﹤0.01% |
14,551
-4,705
| -24% | -$27.8K |
|
5422
Ondas Inc
ONDS
$4.32B
| $72.6K | ﹤0.01% |
28,366
+17,021
| +150% | +$17.7K |
|
5423
Plug Power
PLUG
$2.92B
| $71.1K | ﹤0.01% |
33,375
-15,761
| -32% | -$34.4K |
|
5424
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$324M
| $71K | ﹤0.01% |
+72,225
| New | +$1.84M |
|
|
HUYA
5425
Huya Inc
HUYA
$570M
| $70.7K | ﹤0.01% |
23,038
-174,197
| -88% | -$619K |
|
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.