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 | |
|---|---|---|---|---|---|---|
1426
Albemarle Corp Depositary Shares
ALB.PRA
$2.64B
| $20.9M | 0.01% |
509,685
+6,120
| +1% | +$283K |
|
1427
CALL
Devon Energy
DVN
$47.3B
| $20.9M | 0.01% |
637,100
+207,100
| +48% | +$7.8M |
|
1428
ZIM Integrated Shipping Services
ZIM
$3.24B
| $20.8M | 0.01% |
968,272
-812,642
| -46% | -$17.9M |
|
1429
Autoliv
ALV
$9B
| $20.7M | 0.01% |
220,820
-206,925
| -48% | -$19.9M |
|
1430
Kura Oncology
KURA
$850M
| $20.6M | 0.01% |
2,367,148
+1,521,954
| +180% | +$21.9M |
|
1431
Republic Services
RSG
$65.7B
| $20.6M | 0.01% |
102,405
-88,610
| -46% | -$18.3M |
|
1432
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $20.6M | 0.01% |
427,800
-18,400
| -4% | -$917K |
|
1433
CALL
Tapestry
TPR
$32.8B
| $20.6M | 0.01% |
315,100
-31,700
| -9% | -$1.73M |
|
1434
Acadia Pharmaceuticals
ACAD
$5.03B
| $20.5M | 0.01% |
1,118,361
-934,758
| -46% | -$15.1M |
|
1435
Commercial Metals
CMC
$8.31B
| $20.5M | 0.01% |
413,088
-12,725
| -3% | -$718K |
|
1436
Galicia Financial Group
GGAL
$7.42B
| $20.5M | 0.01% |
328,236
-6,542
| -2% | -$360K |
|
1437
Credit Acceptance
CACC
$6.08B
| $20.4M | 0.01% |
43,426
+38,057
| +709% | +$17.6M |
|
1438
Structure Therapeutics
GPCR
$3.78B
| $20.4M | 0.01% |
751,013
-160,438
| -18% | -$5.69M |
|
1439
Globe Life
GL
$14.3B
| $20.4M | 0.01% |
182,619
-161,028
| -47% | -$17.4M |
|
1440
CALL
GSK
GSK
$106B
| $20.3M | 0.01% |
601,700
+564,800
| +1,531% | +$20.3M |
|
1441
Marriott International
MAR
$92.3B
| $20.3M | 0.01% |
72,801
-103,672
| -59% | -$28.5M |
|
1442
Commault Systems
CVLT
$5.61B
| $20.3M | 0.01% |
134,517
+68,238
| +103% | +$11M |
|
1443
PUT
Super Micro Computer
SMCI
$20.1B
| $20.3M | 0.01% |
665,700
+60,700
| +10% | +$2.21M |
|
1444
Axcelis
ACLS
$4.33B
| $20.3M | 0.01% |
290,270
+173,574
| +149% | +$14.4M |
|
1445
PUT
Warner Bros
WBD
$67.1B
| $20.3M | 0.01% |
1,918,700
-250,600
| -12% | -$2.33M |
|
1446
CALL
Live Nation Entertainment
LYV
$42.1B
| $20.3M | 0.01% |
156,600
-3,700
| -2% | -$466K |
|
1447
CALL
Nu Holdings
NU
$66.9B
| $20.3M | 0.01% |
1,956,200
+1,729,900
| +764% | +$23M |
|
|
SNRE
1448
DELISTED
Sunrise Communications AG American Depositary Shares representing Class A shares
SNRE
| $20.3M | 0.01% |
+470,180
| New | +$21.5M |
|
1449
Allison Transmission
ALSN
$9.82B
| $20.2M | 0.01% |
187,251
-29,812
| -14% | -$3.26M |
|
1450
Pebblebrook Hotel Trust
PEB
$2.05B
| $20.2M | 0.01% |
1,492,567
-227,902
| -13% | -$3.01M |
|
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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.