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 | |
|---|---|---|---|---|---|---|
1651
PUT
UBS Group
UBS
$176B
| $15.8M | 0.01% |
565,000
-494,100
| -47% | -$15.7M |
|
1652
Crane Co
CR
$12.7B
| $15.7M | 0.01% |
103,616
-70,906
| -41% | -$11.7M |
|
|
UCB
1653
United Community Banks
UCB
$4.28B
| $15.7M | 0.01% |
485,580
-319,157
| -40% | -$9.93M |
|
1654
Weave Communications
WEAV
$423M
| $15.7M | 0.01% |
985,018
+628,705
| +176% | +$8.84M |
|
1655
Akamai
AKAM
$15.9B
| $15.7M | 0.01% |
163,829
-169,948
| -51% | -$16.7M |
|
1656
Dropbox
DBX
$8.12B
| $15.6M | 0.01% |
520,492
+53,614
| +11% | +$1.48M |
|
1657
Vipshop
VIPS
$7.53B
| $15.6M | 0.01% |
+1,160,411
| New | +$16.7M |
|
1658
Vertex
VERX
$1.94B
| $15.6M | 0.01% |
292,494
+136,423
| +87% | +$6.62M |
|
1659
CALL
Blackrock
BLK
$176B
| $15.6M | 0.01% |
+15,200
| New | +$15.4M |
|
1660
Alkami Technology
ALKT
$2.11B
| $15.6M | 0.01% |
424,238
-142,319
| -25% | -$5.31M |
|
1661
PUT
ARK Genomic Revolution ETF
ARKG
$1.73B
| $15.5M | 0.01% |
660,000
+500,000
| +313% | +$12.3M |
|
1662
Eastern Bankshares
EBC
$5.23B
| $15.5M | 0.01% |
900,442
+603,991
| +204% | +$10.5M |
|
1663
Best Buy
BBY
$17.3B
| $15.5M | 0.01% |
180,834
-186,514
| -51% | -$17M |
|
1664
Rollins
ROL
$18.2B
| $15.5M | 0.01% |
333,577
+77,324
| +30% | +$3.79M |
|
1665
CALL
Sanofi
SNY
$104B
| $15.5M | 0.01% |
320,500
-218,600
| -41% | -$11.1M |
|
|
NEE.PRS
1666
NextEra Energy 7.299% Corporate Units
NEE.PRS
$2.1B
| $15.4M | 0.01% |
315,627
+15,627
| +5% | +$817K |
|
1667
Kiniksa Pharmaceuticals
KNSA
$5.93B
| $15.4M | 0.01% |
779,672
+263,146
| +51% | +$6.01M |
|
1668
Primoris Services
PRIM
$4.45B
| $15.4M | 0.01% |
201,165
-444,495
| -69% | -$32.5M |
|
1669
CALL
First Solar
FSLR
$26.9B
| $15.4M | 0.01% |
87,100
-11,700
| -12% | -$2.33M |
|
1670
CALL
Vertex Pharmaceuticals
VRTX
$126B
| $15.3M | 0.01% |
38,100
+25,400
| +200% | +$11.8M |
|
1671
Indivior Pharmaceuticals
INDV
$4.58B
| $15.3M | 0.01% |
1,233,006
+332,180
| +37% | +$3.42M |
|
1672
VTEX
VTEX
$713M
| $15.3M | 0.01% |
2,599,366
+2,047,671
| +371% | +$13.4M |
|
1673
CALL
Dell
DELL
$293B
| $15.3M | 0.01% |
132,800
-29,600
| -18% | -$3.71M |
|
1674
Benchmark Electronics
BHE
$2.96B
| $15.3M | 0.01% |
336,466
+159,769
| +90% | +$7.42M |
|
|
BBT
1675
Beacon Financial Corp
BBT
$2.66B
| $15.3M | 0.01% |
537,221
+237,607
| +79% | +$6.85M |
|
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.