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 | |
|---|---|---|---|---|---|---|
851
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $43.5M | 0.02% |
395,503
+39,141
| +11% | +$4.32M |
|
|
ITCI
852
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $43.5M | 0.02% |
520,826
+21,526
| +4% | +$1.77M |
|
853
Kirby Corp
KEX
$6.93B
| $43.4M | 0.02% |
410,233
+12,973
| +3% | +$1.56M |
|
854
Energizer
ENR
$1.55B
| $43.3M | 0.02% |
1,240,038
+496,146
| +67% | +$17.2M |
|
855
CALL
Zscaler
ZS
$27.3B
| $43.2M | 0.02% |
239,600
+177,800
| +288% | +$34.4M |
|
856
PUT
FedEx
FDX
$75.4B
| $43M | 0.02% |
152,900
-1,700
| -1% | -$475K |
|
857
Mercury Systems
MRCY
$6.52B
| $43M | 0.02% |
1,023,508
+677,894
| +196% | +$25.9M |
|
858
PUT
Shopify
SHOP
$195B
| $43M | 0.02% |
404,100
+7,600
| +2% | +$739K |
|
|
GAP
859
The Gap Inc
GAP
$7.37B
| $42.9M | 0.02% |
1,817,298
+1,088,599
| +149% | +$24.8M |
|
860
Utz Brands
UTZ
$1.25B
| $42.9M | 0.02% |
2,742,134
+234,767
| +9% | +$3.97M |
|
861
Applied Digital
APLD
$8.41B
| $42.9M | 0.02% |
5,612,992
-1,997,427
| -26% | -$16.6M |
|
862
PUT
Fortinet
FTNT
$117B
| $42.7M | 0.02% |
452,200
+35,300
| +8% | +$3.14M |
|
863
PUT
Gilead Sciences
GILD
$165B
| $42.6M | 0.02% |
461,700
-494,100
| -52% | -$44.5M |
|
864
TransDigm Group
TDG
$67.7B
| $42.6M | 0.02% |
33,613
-36,851
| -52% | -$48.6M |
|
865
PBF Energy
PBF
$7.31B
| $42.5M | 0.02% |
1,600,627
+494,050
| +45% | +$15M |
|
866
PUT
Darden Restaurants
DRI
$24.4B
| $42.5M | 0.02% |
227,400
-260,000
| -53% | -$43.6M |
|
867
PUT
Bristol-Myers Squibb
BMY
$132B
| $42.4M | 0.02% |
750,100
+291,700
| +64% | +$16.3M |
|
868
PUT
Diamondback Energy
FANG
$52.7B
| $42.4M | 0.02% |
258,700
+100,700
| +64% | +$17.7M |
|
869
Chemours
CC
$2.37B
| $42.4M | 0.02% |
2,507,262
+773,537
| +45% | +$15M |
|
870
CNX Resources
CNX
$5.2B
| $42.3M | 0.02% |
1,154,588
+471,763
| +69% | +$17.4M |
|
871
CALL
Uber
UBER
$153B
| $42.3M | 0.02% |
701,100
-372,100
| -35% | -$26.6M |
|
872
Rockwell Automation
ROK
$49B
| $42.3M | 0.02% |
147,891
-27,804
| -16% | -$7.82M |
|
873
CubeSmart
CUBE
$9.41B
| $42.2M | 0.02% |
985,079
+409,701
| +71% | +$19.6M |
|
874
Hasbro
HAS
$13.2B
| $42.2M | 0.02% |
754,840
+310,978
| +70% | +$20.3M |
|
875
PUT
Regeneron Pharmaceuticals
REGN
$80.8B
| $42.2M | 0.02% |
59,200
-86,800
| -59% | -$72.8M |
|
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.