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 | |
|---|---|---|---|---|---|---|
|
LNW
2001
DELISTED
Light & Wonder
LNW
| $11.1M | 0.01% |
128,286
-149,734
| -54% | -$14M |
|
2002
PUT
iShares US Home Construction ETF
ITB
$2.35B
| $11.1M | 0.01% |
107,000
+27,500
| +35% | +$3.26M |
|
2003
AMN Healthcare
AMN
$1.4B
| $11.1M | 0.01% |
462,186
+265,011
| +134% | +$8.42M |
|
2004
CALL
Mercado Libre
MELI
$92.3B
| $11.1M | 0.01% |
6,500
-25,500
| -80% | -$49.7M |
|
2005
CALL
Monster Beverage
MNST
$88.5B
| $11M | 0.01% |
210,100
+116,200
| +124% | +$6.16M |
|
2006
CALL
Manulife Financial
MFC
$73.5B
| $11M | 0.01% |
250,000
| – | – |
|
2007
Edison International
EIX
$26.4B
| $11M | 0.01% |
138,200
-862,039
| -86% | -$72.1M |
|
2008
CALL
TransDigm Group
TDG
$67.7B
| $11M | 0.01% |
8,700
-900
| -9% | -$1.19M |
|
2009
PTC
PTC
$16B
| $11M | 0.01% |
59,907
-180,352
| -75% | -$34.2M |
|
|
RDFN
2010
DELISTED
Redfin
RDFN
| $11M | 0.01% |
1,399,431
-288,231
| -17% | -$2.8M |
|
|
STKL
2011
DELISTED
SunOpta
STKL
| $11M | 0.01% |
1,429,118
+96,282
| +7% | +$681K |
|
2012
Canadian Imperial Bank of Commerce
CM
$108B
| $11M | 0.01% |
+173,831
| New | +$11M |
|
2013
Ingersoll Rand
IR
$33.7B
| $11M | 0.01% |
121,248
+28,397
| +31% | +$2.83M |
|
2014
Travere Therapeutics
TVTX
$5.78B
| $10.9M | 0.01% |
626,056
+511,443
| +446% | +$9.05M |
|
2015
PUT
SoFi Technologies
SOFI
$23.7B
| $10.9M | 0.01% |
707,400
-2,225,100
| -76% | -$28.9M |
|
2016
Yeti Holdings
YETI
$3.95B
| $10.9M | 0.01% |
282,800
-525,654
| -65% | -$20.9M |
|
2017
Blackstone Mortgage Trust
BXMT
$2.38B
| $10.9M | 0.01% |
625,060
+451,423
| +260% | +$8.35M |
|
2018
PUT
Roku
ROKU
$22.7B
| $10.9M | 0.01% |
146,300
+91,200
| +166% | +$6.91M |
|
|
CPRX
2019
DELISTED
Catalyst Pharmaceutical
CPRX
| $10.9M | 0.01% |
520,778
-38,989
| -7% | -$838K |
|
2020
CALL
Baker Hughes
BKR
$61.1B
| $10.8M | 0.01% |
264,300
+1,900
| +0.7% | +$76.6K |
|
2021
Certara
CERT
$1.25B
| $10.8M | 0.01% |
1,014,297
-44,465
| -4% | -$483K |
|
2022
Modine Manufacturing
MOD
$10.4B
| $10.8M | 0.01% |
92,945
-41,009
| -31% | -$5.28M |
|
|
PPLI
2023
People Inc
PPLI
$3.1B
| $10.8M | 0.01% |
304,266
+287,045
| +1,667% | +$11.5M |
|
2024
FTAI Aviation
FTAI
$22.2B
| $10.7M | 0.01% |
74,296
+28,918
| +64% | +$4.26M |
|
2025
AXIS Capital
AXS
$7.55B
| $10.7M | 0.01% |
120,375
-766,852
| -86% | -$65.7M |
|
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.