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 | |
|---|---|---|---|---|---|---|
1776
PUT
First Solar
FSLR
$26.9B
| $13.9M | 0.01% |
78,900
+26,900
| +52% | +$5.35M |
|
1777
Keros Therapeutics
KROS
$221M
| $13.9M | 0.01% |
878,159
+305,169
| +53% | +$15.9M |
|
|
AZPN
1778
DELISTED
Aspen Technology Inc
AZPN
| $13.9M | 0.01% |
55,680
+44,913
| +417% | +$11M |
|
1779
Sun Life Financial
SLF
$45.4B
| $13.9M | 0.01% |
234,200
+170,156
| +266% | +$10M |
|
1780
CALL
Emerson Electric
EMR
$88.3B
| $13.9M | 0.01% |
112,100
+72,300
| +182% | +$8.77M |
|
1781
UWM Holdings
UWMC
$434M
| $13.9M | 0.01% |
2,365,743
+916,088
| +63% | +$5.96M |
|
|
MREO
1782
Mereo BioPharma
MREO
$47.3M
| $13.9M | 0.01% |
3,965,432
-1,429,259
| -26% | -$5.62M |
|
1783
Radware
RDWR
$1.19B
| $13.8M | 0.01% |
613,795
+75,474
| +14% | +$1.73M |
|
1784
PUT
Cigna
CI
$74.6B
| $13.8M | 0.01% |
50,000
-5,100
| -9% | -$1.63M |
|
1785
PUT
Phillips 66
PSX
$81.4B
| $13.8M | 0.01% |
121,000
+16,300
| +16% | +$2.07M |
|
1786
CleanSpark
CLSK
$3.16B
| $13.8M | 0.01% |
1,496,600
+1,413,167
| +1,694% | +$17.1M |
|
|
BEAGU
1787
Bold Eagle Acquisition Corp Units
BEAGU
| $13.8M | 0.01% |
+1,366,261
| New | +$13.7M |
|
1788
Arcus Biosciences
RCUS
$3.64B
| $13.8M | 0.01% |
924,369
+679,267
| +277% | +$11.1M |
|
1789
PUT
SAP
SAP
$238B
| $13.8M | 0.01% |
55,900
-28,000
| -33% | -$6.66M |
|
1790
Marqeta
MQ
$1.66B
| $13.7M | 0.01% |
905,119
+475,424
| +111% | +$8.35M |
|
1791
PUT
Abercrombie & Fitch
ANF
$5B
| $13.7M | 0.01% |
91,700
-414,500
| -82% | -$60.5M |
|
1792
Agilon Health
AGL
$1.6B
| $13.7M | 0.01% |
288,501
+188,254
| +188% | +$11.4M |
|
1793
Simply Good Foods
SMPL
$982M
| $13.7M | 0.01% |
350,483
-37,536
| -10% | -$1.37M |
|
|
PCH
1794
DELISTED
PotlatchDeltic
PCH
| $13.7M | 0.01% |
348,063
-133,734
| -28% | -$5.67M |
|
|
GTM
1795
ZoomInfo Technologies
GTM
$1.22B
| $13.6M | 0.01% |
1,298,749
+1,225,391
| +1,670% | +$13.1M |
|
1796
CALL
Cadence Design Systems
CDNS
$93.4B
| $13.6M | 0.01% |
45,400
-12,400
| -21% | -$3.6M |
|
1797
Ashland
ASH
$3.5B
| $13.6M | 0.01% |
190,387
-59,942
| -24% | -$4.8M |
|
1798
Qfin Holdings
QFIN
$1.61B
| $13.6M | 0.01% |
354,042
+129,624
| +58% | +$4.49M |
|
1799
Xenon Pharmaceuticals
XENE
$6.12B
| $13.6M | 0.01% |
346,040
+137,014
| +66% | +$5.66M |
|
1800
Mineralys Therapeutics
MLYS
$2.41B
| $13.6M | 0.01% |
1,101,674
+1,002,941
| +1,016% | +$13.1M |
|
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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.