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 | |
|---|---|---|---|---|---|---|
1351
Petco
WOOF
$794M
| $23M | 0.01% |
6,028,544
-340,444
| -5% | -$1.54M |
|
1352
Rexford Industrial Realty
REXR
$8.19B
| $23M | 0.01% |
593,974
+361,140
| +155% | +$15.5M |
|
1353
Dolby
DLB
$5.79B
| $22.9M | 0.01% |
293,775
+129,463
| +79% | +$9.86M |
|
1354
PUT
Pembina Pipeline
PBA
$27.6B
| $22.9M | 0.01% |
432,000
+57,000
| +15% | +$2.32M |
|
1355
PUT
Carvana
CVNA
$77.9B
| $22.9M | 0.01% |
564,000
-75,000
| -12% | -$3.37M |
|
1356
Telephone and Data Systems
TDS
$3.75B
| $22.9M | 0.01% |
671,502
-770,254
| -53% | -$23.4M |
|
1357
Southern Copper
SCCO
$166B
| $22.9M | 0.01% |
264,810
+36,330
| +16% | +$3.63M |
|
1358
PUT
Prudential Financial
PRU
$41.8B
| $22.8M | 0.01% |
192,500
+16,200
| +9% | +$2M |
|
1359
CALL
US Global Jets ETF
JETS
$800M
| $22.8M | 0.01% |
+900,000
| New | +$21.3M |
|
1360
NexGen Energy
NXE
$6.99B
| $22.8M | 0.01% |
3,458,409
+650,092
| +23% | +$4.9M |
|
|
HBI
1361
DELISTED
Hanesbrands
HBI
| $22.7M | 0.01% |
2,793,458
+684,721
| +32% | +$5.39M |
|
1362
Prosperity Bancshares
PB
$8.89B
| $22.7M | 0.01% |
300,803
-81,207
| -21% | -$6.27M |
|
1363
PUT
MetLife
MET
$62.1B
| $22.7M | 0.01% |
276,700
-135,500
| -33% | -$11.3M |
|
1364
Vaxcyte
PCVX
$8.64B
| $22.6M | 0.01% |
276,578
-21,857
| -7% | -$2.17M |
|
1365
Paylocity
PCTY
$7.98B
| $22.6M | 0.01% |
113,475
+9,351
| +9% | +$1.79M |
|
1366
BHP
BHP
$230B
| $22.6M | 0.01% |
463,314
+58,110
| +14% | +$3.16M |
|
1367
Qorvo
QRVO
$8.74B
| $22.6M | 0.01% |
323,326
-347,827
| -52% | -$27.8M |
|
1368
Rigetti Computing
RGTI
$5.99B
| $22.6M | 0.01% |
1,481,280
+1,417,666
| +2,229% | +$5.29M |
|
1369
HF Sinclair
DINO
$14.5B
| $22.5M | 0.01% |
640,598
-4,860,207
| -88% | -$199M |
|
1370
American Airlines Group
AAL
$10.6B
| $22.4M | 0.01% |
1,285,582
-3,969,373
| -76% | -$57.1M |
|
1371
Mueller Industries
MLI
$15.2B
| $22.4M | 0.01% |
564,388
-30,288
| -5% | -$1.23M |
|
1372
Deere & Co
DE
$168B
| $22.4M | 0.01% |
52,829
-28,535
| -35% | -$12M |
|
|
HPP
1373
Hudson Pacific Properties
HPP
$779M
| $22.4M | 0.01% |
1,054,896
+793,492
| +304% | +$21.7M |
|
1374
CALL
Roblox
RBLX
$27B
| $22.4M | 0.01% |
386,300
+120,400
| +45% | +$6.06M |
|
1375
CALL
Palantir
PLTR
$413B
| $22.3M | 0.01% |
295,200
-637,400
| -68% | -$37.1M |
|
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.