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 | |
|---|---|---|---|---|---|---|
|
VRNT
1751
DELISTED
Verint Systems
VRNT
| $14.2M | 0.01% |
516,438
+197,893
| +62% | +$4.94M |
|
1752
Emergent Biosolutions
EBS
$248M
| $14.2M | 0.01% |
1,481,906
+671,947
| +83% | +$6.17M |
|
1753
Lincoln Electric
LECO
$15.4B
| $14.2M | 0.01% |
75,542
-28,458
| -27% | -$5.73M |
|
1754
Bitdeer Technologies
BTDR
$2.65B
| $14.2M | 0.01% |
653,351
+298,325
| +84% | +$3.79M |
|
1755
Illinois Tool Works
ITW
$84.5B
| $14.2M | 0.01% |
55,823
-56,450
| -50% | -$15M |
|
|
EDR
1756
CALL
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $14.1M | 0.01% |
452,000
+200,000
| +79% | +$5.95M |
|
1757
CALL
Utz Brands
UTZ
$1.25B
| $14.1M | 0.01% |
902,600
+604,100
| +202% | +$10.2M |
|
1758
Evolent Health
EVH
$447M
| $14.1M | 0.01% |
1,255,446
+835,125
| +199% | +$14.7M |
|
1759
InterContinental Hotels
IHG
$23.2B
| $14.1M | 0.01% |
112,835
-43,290
| -28% | -$5.18M |
|
1760
Descartes Systems
DSGX
$6.82B
| $14.1M | 0.01% |
123,817
-148,609
| -55% | -$16.6M |
|
1761
Hecla Mining
HL
$11.3B
| $14.1M | 0.01% |
2,864,308
-3,770,047
| -57% | -$22.5M |
|
1762
T. Rowe Price
TROW
$24.3B
| $14.1M | 0.01% |
124,253
-305,966
| -71% | -$35.4M |
|
1763
Health Catalyst
HCAT
$128M
| $14M | 0.01% |
1,985,692
+258,853
| +15% | +$2.06M |
|
1764
Solventum
SOLV
$14.1B
| $14M | 0.01% |
212,145
-345,933
| -62% | -$24.2M |
|
1765
World Kinect Corp
WKC
$1.86B
| $14M | 0.01% |
508,959
+440,168
| +640% | +$12.6M |
|
1766
Donnelley Financial Solutions
DFIN
$1.16B
| $14M | 0.01% |
223,006
+123,239
| +124% | +$7.69M |
|
1767
CALL
3M
MMM
$94.3B
| $14M | 0.01% |
108,000
-17,600
| -14% | -$2.31M |
|
1768
Phillips Edison & Co
PECO
$5.24B
| $14M | 0.01% |
373,081
-141,031
| -27% | -$5.37M |
|
1769
PTC Therapeutics
PTCT
$6.12B
| $14M | 0.01% |
309,423
+89,959
| +41% | +$3.85M |
|
1770
PUT
TC Energy
TRP
$65.9B
| $14M | 0.01% |
300,000
-500,000
| -63% | -$23.6M |
|
1771
PUT
Rithm Capital
RITM
$5.69B
| $13.9M | 0.01% |
1,287,500
-570,800
| -31% | -$6.18M |
|
1772
PUT
Aon
AON
$76B
| $13.9M | 0.01% |
38,800
+30,400
| +362% | +$11.2M |
|
1773
PUT
Peloton Interactive
PTON
$2.49B
| $13.9M | 0.01% |
1,600,000
+100,000
| +7% | +$779K |
|
1774
CALL
HealthEquity
HQY
$8.75B
| $13.9M | 0.01% |
+145,000
| New | +$13.5M |
|
1775
CALL
D.R. Horton
DHI
$42.3B
| $13.9M | 0.01% |
99,500
-500
| -0.5% | -$83.6K |
|
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.