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 | |
|---|---|---|---|---|---|---|
1501
Artisan Partners
APAM
$3.02B
| $18.9M | 0.01% |
439,057
+217,552
| +98% | +$9.94M |
|
|
GTLS
1502
DELISTED
Chart Industries
GTLS
| $18.9M | 0.01% |
98,978
-82,253
| -45% | -$13.2M |
|
|
FETH
1503
Fidelity Ethereum Fund
FETH
$1.03B
| $18.9M | 0.01% |
564,773
+99,773
| +21% | +$3.07M |
|
1504
PUT
NXP Semiconductors
NXPI
$60.4B
| $18.7M | 0.01% |
90,200
-42,900
| -32% | -$9.76M |
|
1505
EVgo
EVGO
$229M
| $18.7M | 0.01% |
4,623,922
+3,688,614
| +394% | +$23.4M |
|
1506
PUT
United Rentals
URI
$72.4B
| $18.7M | 0.01% |
26,500
-2,300
| -8% | -$1.87M |
|
1507
DaVita
DVA
$11.7B
| $18.6M | 0.01% |
124,483
-57,060
| -31% | -$8.95M |
|
1508
PUT
ARK Innovation ETF
ARKK
$6.31B
| $18.6M | 0.01% |
327,800
-120,200
| -27% | -$6.44M |
|
1509
DT Midstream
DTM
$13.4B
| $18.6M | 0.01% |
187,084
-173,469
| -48% | -$16.5M |
|
1510
CALL
Regeneron Pharmaceuticals
REGN
$80.8B
| $18.6M | 0.01% |
26,100
+14,600
| +127% | +$12.3M |
|
1511
CALL
Mondelez International
MDLZ
$79.9B
| $18.6M | 0.01% |
311,200
-57,400
| -16% | -$3.8M |
|
1512
CALL
Antero Resources
AR
$10.7B
| $18.6M | 0.01% |
530,300
+272,400
| +106% | +$8.25M |
|
1513
CALL
Keysight
KEYS
$58.3B
| $18.5M | 0.01% |
115,300
+25,500
| +28% | +$4.11M |
|
1514
STAAR Surgical
STAA
$1.21B
| $18.4M | 0.01% |
759,141
-83,079
| -10% | -$2.37M |
|
1515
PUT
Ares Capital
ARCC
$14.4B
| $18.4M | 0.01% |
842,300
-95,200
| -10% | -$2.05M |
|
1516
CALL
Pultegroup
PHM
$25.3B
| $18.4M | 0.01% |
169,200
-400
| -0.2% | -$51.9K |
|
1517
Alkermes
ALKS
$8.25B
| $18.4M | 0.01% |
640,506
-183,846
| -22% | -$5.29M |
|
1518
Evercore
EVR
$11.8B
| $18.4M | 0.01% |
66,344
-324,414
| -83% | -$91.9M |
|
1519
Berkshire Hathaway Class A
BRK.A
$1.12T
| $18.4M | 0.01% |
27
+21
| +350% | +$14.5M |
|
|
APLS
1520
DELISTED
Apellis Pharmaceuticals
APLS
| $18.4M | 0.01% |
575,490
+498,104
| +644% | +$15M |
|
1521
Avis
CAR
$5.02B
| $18.4M | 0.01% |
227,771
+126,249
| +124% | +$11.5M |
|
1522
Rush Street Interactive
RSI
$2.88B
| $18.4M | 0.01% |
1,337,554
+973,139
| +267% | +$11.8M |
|
1523
Braze
BRZE
$2.99B
| $18.3M | 0.01% |
437,906
-442,981
| -50% | -$16.1M |
|
1524
News Corp Class A
NWSA
$15.4B
| $18.3M | 0.01% |
665,790
-1,370,772
| -67% | -$38.2M |
|
1525
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.59B
| $18.3M | 0.01% |
450,504
-162,662
| -27% | -$7.04M |
|
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.