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 | |
|---|---|---|---|---|---|---|
1301
Newmark Group
NMRK
$2.63B
| $24.5M | 0.01% |
1,916,186
+1,112,610
| +138% | +$16.4M |
|
1302
SolarEdge
SEDG
$1.95B
| $24.5M | 0.01% |
1,804,442
+997,106
| +124% | +$15.3M |
|
1303
MKS Inc
MKSI
$20.6B
| $24.5M | 0.01% |
234,795
+21,533
| +10% | +$2.32M |
|
1304
NIO
NIO
$11.9B
| $24.4M | 0.01% |
5,590,507
-8,460,185
| -60% | -$43.1M |
|
1305
Macy's
M
$6.68B
| $24.3M | 0.01% |
1,437,195
-1,310,136
| -48% | -$20.9M |
|
1306
RPM International
RPM
$15B
| $24.3M | 0.01% |
197,120
-326,693
| -62% | -$43.1M |
|
1307
Marriott Vacations Worldwide
VAC
$4.25B
| $24.3M | 0.01% |
270,073
-38,133
| -12% | -$3.3M |
|
1308
ScottsMiracle-Gro
SMG
$3.66B
| $24.3M | 0.01% |
365,548
+171,034
| +88% | +$13.5M |
|
1309
Trimble
TRMB
$13.9B
| $24.2M | 0.01% |
342,365
-67,120
| -16% | -$4.56M |
|
1310
PUT
Snowflake
SNOW
$115B
| $24.1M | 0.01% |
156,100
+22,100
| +16% | +$3.11M |
|
1311
Entegris
ENTG
$23.2B
| $24.1M | 0.01% |
243,099
-275,344
| -53% | -$29M |
|
1312
CALL
JD.com
JD
$44.5B
| $24.1M | 0.01% |
694,100
+112,100
| +19% | +$4.34M |
|
1313
Nordson
NDSN
$17.3B
| $24M | 0.01% |
114,729
+85,126
| +288% | +$21M |
|
|
AXIA
1314
DELISTED
AXIA Energia
AXIA
| $24M | 0.01% |
5,299,634
+4,085,424
| +336% | +$20.4M |
|
1315
iShares MSCI Brazil ETF
EWZ
$8.95B
| $23.9M | 0.01% |
1,063,264
+546,008
| +106% | +$14.6M |
|
1316
Ryanair
RYAAY
$31.3B
| $23.9M | 0.01% |
548,227
+188,575
| +52% | +$8.42M |
|
1317
Aon
AON
$76B
| $23.9M | 0.01% |
66,429
-227,161
| -77% | -$83.5M |
|
|
JNPR
1318
PUT
DELISTED
Juniper Networks
JNPR
| $23.8M | 0.01% |
+636,200
| New | +$24.1M |
|
1319
Atour Lifestyle Holdings
ATAT
$4.8B
| $23.8M | 0.01% |
883,272
+540,491
| +158% | +$14.5M |
|
1320
Edgewise Therapeutics
EWTX
$4.73B
| $23.7M | 0.01% |
888,968
-98,062
| -10% | -$3.12M |
|
|
ROIC
1321
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $23.7M | 0.01% |
1,364,688
+466,985
| +52% | +$7.81M |
|
1322
Stantec
STN
$8.39B
| $23.7M | 0.01% |
301,833
+122,814
| +69% | +$10.2M |
|
|
ANSS
1323
PUT
DELISTED
Ansys
ANSS
| $23.6M | 0.01% |
70,000
| – | – |
|
1324
CALL
Delta Air Lines
DAL
$60.1B
| $23.6M | 0.01% |
390,200
-29,600
| -7% | -$1.75M |
|
1325
Flywire
FLYW
$2.16B
| $23.6M | 0.01% |
1,142,964
-364,939
| -24% | -$7.13M |
|
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.