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 | |
|---|---|---|---|---|---|---|
|
CMPS
1851
Compass Pathways
CMPS
$1.83B
| $12.9M | 0.01% |
3,413,448
-343,224
| -9% | -$1.74M |
|
1852
PUT
Toast
TOST
$19.9B
| $12.9M | 0.01% |
+353,900
| New | +$12.4M |
|
1853
BigBear.ai
BBAI
$1.57B
| $12.9M | 0.01% |
+2,898,491
| New | +$6.56M |
|
1854
Hyliion Holdings
HYLN
$690M
| $12.9M | 0.01% |
4,939,809
-79,411
| -2% | -$221K |
|
1855
HUB Group
HUBG
$2.92B
| $12.9M | 0.01% |
289,202
-62,326
| -18% | -$2.91M |
|
1856
TTM Technologies
TTMI
$14.5B
| $12.9M | 0.01% |
520,666
+145,917
| +39% | +$3.31M |
|
1857
FMC
FMC
$1.33B
| $12.9M | 0.01% |
265,069
-1,388,515
| -84% | -$81.1M |
|
1858
CALL
Southern Company
SO
$107B
| $12.9M | 0.01% |
156,200
-38,300
| -20% | -$3.36M |
|
1859
CALL
Cameco
CCJ
$42.4B
| $12.9M | 0.01% |
250,200
+165,400
| +195% | +$9.01M |
|
1860
AutoNation
AN
$6.92B
| $12.8M | 0.01% |
75,254
+72,023
| +2,229% | +$12.2M |
|
1861
Clearwater Paper
CLW
$376M
| $12.8M | 0.01% |
429,264
+393,572
| +1,103% | +$10.7M |
|
1862
Preferred Bank
PFBC
$1.25B
| $12.8M | 0.01% |
147,702
+32,990
| +29% | +$2.91M |
|
1863
PUT
Moderna
MRNA
$23.6B
| $12.8M | 0.01% |
306,800
-112,600
| -27% | -$5.38M |
|
|
AVDL
1864
DELISTED
Avadel Pharmaceuticals
AVDL
| $12.7M | 0.01% |
1,212,004
+233,986
| +24% | +$2.84M |
|
1865
Red Rock Resorts
RRR
$3.62B
| $12.7M | 0.01% |
275,311
+117,199
| +74% | +$5.96M |
|
1866
Chord Energy
CHRD
$7.39B
| $12.7M | 0.01% |
108,838
-226,396
| -68% | -$28.5M |
|
1867
CALL
Warner Bros
WBD
$67.1B
| $12.7M | 0.01% |
1,203,800
-299,600
| -20% | -$2.78M |
|
1868
Quaker Houghton
KWR
$2.92B
| $12.7M | 0.01% |
90,389
+72,383
| +402% | +$11.4M |
|
1869
PUT
Sunrun
RUN
$2.46B
| $12.7M | 0.01% |
1,375,300
-322,700
| -19% | -$4.01M |
|
1870
PUT
Jabil
JBL
$35.8B
| $12.7M | 0.01% |
88,400
-25,300
| -22% | -$3.32M |
|
|
INFA
1871
DELISTED
Informatica
INFA
| $12.7M | 0.01% |
490,316
-1,339,020
| -73% | -$35.1M |
|
1872
NewAmsterdam Pharma
NAMS
$3.34B
| $12.7M | 0.01% |
494,230
+477,481
| +2,851% | +$10.1M |
|
|
CVSA
1873
Covista Inc
CVSA
$4.8B
| $12.7M | 0.01% |
139,690
-59,097
| -30% | -$4.94M |
|
1874
Haemonetics
HAE
$4B
| $12.7M | 0.01% |
162,307
-83,369
| -34% | -$6.7M |
|
1875
VF Corp
VFC
$5.89B
| $12.7M | 0.01% |
590,515
-97,383
| -14% | -$1.98M |
|
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.