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 | |
|---|---|---|---|---|---|---|
1676
Kelly Services Class A
KELYA
$528M
| $15.3M | 0.01% |
1,095,238
+1,048,670
| +2,252% | +$17.7M |
|
1677
Zeta Global
ZETA
$6.69B
| $15.3M | 0.01% |
848,046
+288,861
| +52% | +$7.3M |
|
1678
First Financial Bancorp
FFBC
$3.53B
| $15.3M | 0.01% |
567,572
+82,025
| +17% | +$2.24M |
|
1679
CALL
Enbridge
ENB
$112B
| $15.3M | 0.01% |
250,000
-155,700
| -38% | -$6.52M |
|
1680
WEC Energy
WEC
$35.1B
| $15.2M | 0.01% |
162,114
+73,126
| +82% | +$7.09M |
|
1681
Empire State Realty Trust
ESRT
$836M
| $15.2M | 0.01% |
1,476,646
-624,502
| -30% | -$6.77M |
|
1682
Popular Inc
BPOP
$11.1B
| $15.2M | 0.01% |
161,988
-93,287
| -37% | -$8.95M |
|
1683
CALL
Charter Communications
CHTR
$18.2B
| $15.2M | 0.01% |
44,400
-22,600
| -34% | -$8.17M |
|
1684
PUT
NetApp
NTAP
$37.2B
| $15.2M | 0.01% |
130,900
+87,200
| +200% | +$10.7M |
|
1685
Healthpeak Properties
DOC
$14.8B
| $15.2M | 0.01% |
749,508
-3,693,635
| -83% | -$80M |
|
1686
CALL
Dominion Energy
D
$59.3B
| $15.2M | 0.01% |
281,900
+145,200
| +106% | +$8.28M |
|
1687
SLM Corp
SLM
$5.15B
| $15.2M | 0.01% |
550,385
-168,166
| -23% | -$4.16M |
|
1688
PUT
Church & Dwight Co
CHD
$24.5B
| $15.2M | 0.01% |
144,800
-433,700
| -75% | -$45.8M |
|
|
EXE
1689
PUT
Expand Energy Corp
EXE
$21.5B
| $15.1M | 0.01% |
152,100
+19,700
| +15% | +$1.82M |
|
1690
Micron Technology
MU
$991B
| $15.1M | 0.01% |
179,755
-2,079,469
| -92% | -$212M |
|
1691
Coursera
COUR
$1.54B
| $15.1M | 0.01% |
1,779,476
-589,081
| -25% | -$4.55M |
|
1692
Evolus
EOLS
$501M
| $15.1M | 0.01% |
1,368,423
+338,753
| +33% | +$4.76M |
|
1693
BrightView Holdings
BV
$1.07B
| $15.1M | 0.01% |
944,584
+463,983
| +97% | +$7.73M |
|
1694
PUT
Quest Diagnostics
DGX
$26.3B
| $15.1M | 0.01% |
100,000
-62,200
| -38% | -$9.67M |
|
1695
e.l.f. Beauty
ELF
$5.81B
| $15.1M | 0.01% |
120,155
+18,218
| +18% | +$2.19M |
|
1696
Intapp
INTA
$2.91B
| $15M | 0.01% |
234,817
-95,250
| -29% | -$5.46M |
|
1697
Axos Financial
AX
$5.68B
| $15M | 0.01% |
215,241
-100,050
| -32% | -$7.3M |
|
1698
Ross Stores
ROST
$81.9B
| $15M | 0.01% |
99,379
-790,127
| -89% | -$116M |
|
1699
Ardelyx
ARDX
$997M
| $15M | 0.01% |
2,963,480
-1,048,400
| -26% | -$5.79M |
|
1700
CALL
Dollar General
DG
$27.9B
| $15M | 0.01% |
198,000
-2,700
| -1% | -$213K |
|
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.