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 | |
|---|---|---|---|---|---|---|
1951
PUT
eBay
EBAY
$49.8B
| $11.6M | 0.01% |
187,800
+45,800
| +32% | +$2.91M |
|
1952
Praxis Precision Medicines
PRAX
$10.1B
| $11.6M | 0.01% |
150,892
+146,723
| +3,519% | +$10.6M |
|
1953
Wintrust Financial
WTFC
$10.7B
| $11.6M | 0.01% |
93,042
-201,930
| -68% | -$24.9M |
|
1954
ACV Auctions
ACVA
$1.3B
| $11.6M | 0.01% |
536,814
-161,596
| -23% | -$3.27M |
|
1955
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $11.6M | 0.01% |
108,472
-290,741
| -73% | -$31.8M |
|
1956
CALL
Scotiabank
BNS
$108B
| $11.6M | 0.01% |
150,000
-2,100
| -1% | -$113K |
|
1957
ArcelorMittal
MT
$55.3B
| $11.6M | 0.01% |
500,494
+252,163
| +102% | +$6.22M |
|
1958
Chubb
CB
$135B
| $11.6M | 0.01% |
41,892
-341,442
| -89% | -$97M |
|
|
CHCT
1959
Community Healthcare Trust
CHCT
$454M
| $11.6M | 0.01% |
601,836
-23,220
| -4% | -$421K |
|
1960
Huron Consulting
HURN
$2.42B
| $11.5M | 0.01% |
92,872
+34,353
| +59% | +$4.03M |
|
1961
The Honest Company
HNST
$586M
| $11.5M | 0.01% |
1,664,081
+234,782
| +16% | +$1.33M |
|
|
ECHO
1962
EchoStar
ECHO
$26.2B
| $11.5M | 0.01% |
503,430
+278,863
| +124% | +$6.75M |
|
1963
Fortrea Holdings
FTRE
$1.75B
| $11.5M | 0.01% |
+617,759
| New | +$12M |
|
1964
CALL
iShares US Transportation ETF
IYT
$2.29B
| $11.5M | 0.01% |
+170,000
| New | +$12M |
|
1965
CALL
STMicroelectronics
STM
$50B
| $11.5M | 0.01% |
459,700
-200
| -0% | -$5.31K |
|
1966
CALL
Zoetis
ZTS
$30B
| $11.5M | 0.01% |
70,400
+48,200
| +217% | +$8.62M |
|
1967
PUT
MGM Resorts International
MGM
$11.2B
| $11.5M | 0.01% |
330,900
-122,600
| -27% | -$4.63M |
|
1968
STAG Industrial
STAG
$7.19B
| $11.5M | 0.01% |
338,960
+152,228
| +82% | +$5.57M |
|
1969
Fluence Energy
FLNC
$2.44B
| $11.4M | 0.01% |
720,828
+519,049
| +257% | +$10.2M |
|
1970
PUT
Western Digital
WDC
$150B
| $11.4M | 0.01% |
253,619
-120,261
| -32% | -$6.05M |
|
1971
Ichor Holdings
ICHR
$2.56B
| $11.4M | 0.01% |
354,736
-115,354
| -25% | -$3.57M |
|
|
B
1972
DELISTED
Barnes Group Inc.
B
| $11.4M | 0.01% |
241,525
+151,721
| +169% | +$7.05M |
|
1973
Sylvamo
SLVM
$1.63B
| $11.4M | 0.01% |
144,431
+93,767
| +185% | +$8.09M |
|
1974
CALL
Duke Energy
DUK
$97.3B
| $11.4M | 0.01% |
105,900
+2,300
| +2% | +$261K |
|
1975
MaxCyte
MXCT
$126M
| $11.4M | 0.01% |
2,740,871
-1,451,994
| -35% | -$5.49M |
|
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.