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 | |
|---|---|---|---|---|---|---|
1526
CALL
Occidental Petroleum
OXY
$55.9B
| $18.3M | 0.01% |
370,500
+263,400
| +246% | +$13.3M |
|
1527
Joby Aviation
JOBY
$8.55B
| $18.3M | 0.01% |
+2,251,409
| New | +$14.9M |
|
1528
ASE Group
ASX
$82.2B
| $18.3M | 0.01% |
1,817,203
+255,747
| +16% | +$2.55M |
|
1529
PUT
CF Industries
CF
$17.3B
| $18.3M | 0.01% |
214,100
+1,700
| +0.8% | +$147K |
|
|
X
1530
CALL
DELISTED
US Steel
X
| $18.3M | 0.01% |
537,100
+10,000
| +2% | +$369K |
|
1531
CALL
Constellation Brands
STZ
$23.2B
| $18.2M | 0.01% |
82,500
-3,600
| -4% | -$855K |
|
1532
CALL
Chipotle Mexican Grill
CMG
$41.5B
| $18.2M | 0.01% |
302,300
-41,700
| -12% | -$2.51M |
|
1533
AngloGold Ashanti
AU
$48.7B
| $18.2M | 0.01% |
789,655
+498,145
| +171% | +$13M |
|
1534
PUT
Newmont
NEM
$119B
| $18.2M | 0.01% |
489,600
-221,200
| -31% | -$10.1M |
|
|
SILV
1535
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $18.2M | 0.01% |
1,999,824
+1,835,129
| +1,114% | +$18.6M |
|
1536
CALL
Humana
HUM
$46.2B
| $18.2M | 0.01% |
71,700
-86,100
| -55% | -$23.1M |
|
|
AMED
1537
CALL
DELISTED
Amedisys
AMED
| $18.2M | 0.01% |
+200,000
| New | +$18.4M |
|
1538
PUT
Suncor Energy
SU
$70.3B
| $18.2M | 0.01% |
366,500
+56,300
| +18% | +$2.17M |
|
|
BRFS
1539
DELISTED
BRF SA
BRFS
| $18.1M | 0.01% |
4,454,095
+1,996,890
| +81% | +$8.67M |
|
1540
Builders FirstSource
BLDR
$8.04B
| $18M | 0.01% |
126,250
-558,046
| -82% | -$98.8M |
|
1541
Workiva
WK
$3.54B
| $18M | 0.01% |
164,480
-121,442
| -42% | -$11.2M |
|
1542
Raymond James Financial
RJF
$34B
| $18M | 0.01% |
115,903
-429,815
| -79% | -$64.9M |
|
1543
PUT
Canadian Natural Resources
CNQ
$93.8B
| $18M | 0.01% |
418,000
+175,000
| +72% | +$5.9M |
|
1544
CarMax
KMX
$8.26B
| $17.9M | 0.01% |
219,365
-249,112
| -53% | -$19.6M |
|
1545
Q2 Holdings
QTWO
$3.92B
| $17.9M | 0.01% |
178,067
+168,657
| +1,792% | +$16M |
|
1546
PUT
General Dynamics
GD
$106B
| $17.9M | 0.01% |
67,800
+11,100
| +20% | +$3.2M |
|
1547
Camtek
CAMT
$7.25B
| $17.8M | 0.01% |
220,903
-369,322
| -63% | -$29M |
|
1548
PUT
Invesco
IVZ
$13.9B
| $17.8M | 0.01% |
1,020,600
| – | – |
|
1549
Broadstone Net Lease
BNL
$4.02B
| $17.8M | 0.01% |
1,121,428
-2,612,032
| -70% | -$45.5M |
|
1550
Lincoln National
LNC
$8.81B
| $17.7M | 0.01% |
559,506
+378,844
| +210% | +$12.6M |
|
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.