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 | |
|---|---|---|---|---|---|---|
1101
Itron
ITRI
$4.54B
| $31.5M | 0.02% |
289,717
-12,963
| -4% | -$1.45M |
|
1102
Rambus
RMBS
$11B
| $31.5M | 0.02% |
595,055
-341,541
| -36% | -$17.4M |
|
1103
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.48B
| $31.4M | 0.02% |
553,700
+483,300
| +687% | +$31.1M |
|
|
1104
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.48B
| $31.4M | 0.02% |
553,600
+65,900
| +14% | +$4.24M |
|
|
1105
Workday
WDAY
$44.4B
| $31.4M | 0.02% |
121,615
-1,721,348
| -93% | -$440M |
|
1106
Vontier
VNT
$4.74B
| $31.4M | 0.02% |
860,423
+747,196
| +660% | +$27.6M |
|
|
GTY
1107
Getty Realty Corp
GTY
$2.07B
| $31.2M | 0.02% |
1,037,149
-281,671
| -21% | -$8.93M |
|
1108
Pacific Biosciences
PACB
$370M
| $31.2M | 0.02% |
17,065,331
+6,642,753
| +64% | +$13M |
|
1109
Euronet Worldwide
EEFT
$2.7B
| $31.2M | 0.02% |
302,967
+95,091
| +46% | +$9.68M |
|
1110
Cadence Design Systems
CDNS
$93.4B
| $31.1M | 0.02% |
103,663
-39,628
| -28% | -$11.5M |
|
1111
First Solar
FSLR
$26.9B
| $31.1M | 0.02% |
176,623
+82,332
| +87% | +$16.4M |
|
1112
CoStar Group
CSGP
$12.3B
| $31.1M | 0.02% |
434,450
+227,257
| +110% | +$17.2M |
|
1113
PUT
JD.com
JD
$44.5B
| $31.1M | 0.02% |
896,800
-39,700
| -4% | -$1.54M |
|
1114
Cinemark Holdings
CNK
$4.32B
| $31M | 0.02% |
1,002,190
+453,982
| +83% | +$14M |
|
1115
Fox Class B
FOX
$23.9B
| $31M | 0.02% |
678,233
-259,044
| -28% | -$10.9M |
|
1116
Verisk Analytics
VRSK
$25B
| $30.9M | 0.02% |
112,276
-160,060
| -59% | -$44.5M |
|
1117
Thomson Reuters
TRI
$44.1B
| $30.8M | 0.02% |
189,073
+46,215
| +32% | +$7.78M |
|
|
FISV
1118
Fiserv Inc
FISV
$27.9B
| $30.8M | 0.02% |
149,988
-63,994
| -30% | -$13.1M |
|
1119
Sanmina
SANM
$10.9B
| $30.8M | 0.02% |
406,862
+113,314
| +39% | +$8.45M |
|
|
TGNA
1120
DELISTED
TEGNA Inc
TGNA
| $30.8M | 0.02% |
1,682,011
-159,674
| -9% | -$2.79M |
|
1121
Parsons
PSN
$5.08B
| $30.7M | 0.02% |
333,313
+281,882
| +548% | +$28.7M |
|
1122
PUT
Quanta Services
PWR
$101B
| $30.6M | 0.02% |
96,800
-3,600
| -4% | -$1.16M |
|
|
NVO
1123
Novo Nordisk
NVO
$209B
| $30.6M | 0.01% |
355,215
-354,249
| -50% | -$38.3M |
|
|
AZEK
1124
DELISTED
The AZEK Co
AZEK
| $30.5M | 0.01% |
643,411
+187,469
| +41% | +$8.96M |
|
1125
Lumen
LUMN
$6.44B
| $30.5M | 0.01% |
5,744,368
+4,614,340
| +408% | +$31.8M |
|
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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.