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 | |
|---|---|---|---|---|---|---|
1401
Expro Ltd
XPRO
$1.91B
| $21.7M | 0.01% |
+1,741,027
| New | +$24.3M |
|
1402
TripAdvisor
TRIP
$1.26B
| $21.7M | 0.01% |
1,468,846
+418,941
| +40% | +$6.12M |
|
1403
PUT
Rocket Lab Corp
RKLB
$51.8B
| $21.6M | 0.01% |
850,000
+500,000
| +143% | +$8.78M |
|
1404
Harmony Gold Mining
HMY
$12.3B
| $21.6M | 0.01% |
2,635,182
+982,740
| +59% | +$9.54M |
|
1405
Federated Hermes
FHI
$4.72B
| $21.6M | 0.01% |
525,383
-539,900
| -51% | -$21.8M |
|
|
XYZ
1406
PUT
Block Inc
XYZ
$47.5B
| $21.6M | 0.01% |
253,700
+156,600
| +161% | +$12.8M |
|
1407
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $21.6M | 0.01% |
185,416
-45,276
| -20% | -$5.27M |
|
|
MTAL
1408
DELISTED
Metals Acquisition
MTAL
| $21.5M | 0.01% |
2,028,073
+204,439
| +11% | +$2.52M |
|
1409
GDS Holdings
GDS
$6.41B
| $21.5M | 0.01% |
904,069
+505,308
| +127% | +$10.7M |
|
1410
Markel Group
MKL
$23.2B
| $21.5M | 0.01% |
12,442
+11,377
| +1,068% | +$18.9M |
|
|
SLNO
1411
DELISTED
Soleno Therapeutics
SLNO
| $21.4M | 0.01% |
476,801
+221,912
| +87% | +$11.5M |
|
1412
CMS Energy
CMS
$22.3B
| $21.4M | 0.01% |
320,877
+200,036
| +166% | +$13.8M |
|
1413
CALL
AT&T
T
$163B
| $21.4M | 0.01% |
938,200
-153,000
| -14% | -$3.44M |
|
1414
WisdomTree
WT
$3.22B
| $21.3M | 0.01% |
2,031,534
+1,710,409
| +533% | +$18.5M |
|
1415
PUT
Lucid Motors
LCID
$2.77B
| $21.3M | 0.01% |
705,190
-355,810
| -34% | -$9.26M |
|
1416
BILL Holdings
BILL
$4.78B
| $21.2M | 0.01% |
250,341
-577,420
| -70% | -$43.1M |
|
|
CSGS
1417
DELISTED
CSG Systems International
CSGS
| $21.2M | 0.01% |
414,492
+24,504
| +6% | +$1.26M |
|
1418
Liberty Live Group Series C
LLYVK
$9.46B
| $21.2M | 0.01% |
310,940
-66,336
| -18% | -$4.22M |
|
1419
Gen Digital
GEN
$17.5B
| $21.1M | 0.01% |
771,390
-1,437,207
| -65% | -$41.3M |
|
1420
Meritage Homes
MTH
$4.86B
| $21.1M | 0.01% |
273,750
-161,346
| -37% | -$14.7M |
|
1421
PUT
Albemarle
ALB
$15.5B
| $21M | 0.01% |
244,500
+76,200
| +45% | +$7.59M |
|
1422
PUT
Mondelez International
MDLZ
$79.9B
| $21M | 0.01% |
352,300
-126,700
| -26% | -$8.38M |
|
1423
CALL
VanEck Oil Services ETF
OIH
$1.92B
| $21M | 0.01% |
77,400
-42,400
| -35% | -$12.2M |
|
1424
American Tower
AMT
$80.4B
| $21M | 0.01% |
114,413
+4,253
| +4% | +$881K |
|
1425
Phillips 66
PSX
$81.4B
| $21M | 0.01% |
184,008
-688,919
| -79% | -$87.6M |
|
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.