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 | |
|---|---|---|---|---|---|---|
2251
PUT
Entegris
ENTG
$23.2B
| $8.37M | ﹤0.01% |
84,500
+1,100
| +1% | +$116K |
|
|
FLG
2252
PUT
Flagstar Bank National Association
FLG
$5.82B
| $8.37M | ﹤0.01% |
896,700
+834,100
| +1,332% | +$9.1M |
|
2253
Moelis & Co
MC
$4.94B
| $8.36M | ﹤0.01% |
113,187
-125,630
| -53% | -$9.09M |
|
2254
Century Aluminum
CENX
$5.07B
| $8.34M | ﹤0.01% |
457,728
+362,586
| +381% | +$7.13M |
|
2255
PUT
Ralph Lauren
RL
$23.5B
| $8.34M | ﹤0.01% |
36,100
-300
| -0.8% | -$63.9K |
|
2256
iShares US Real Estate ETF
IYR
$4.65B
| $8.34M | ﹤0.01% |
89,577
+62,643
| +233% | +$6.17M |
|
2257
PUT
Cencora
COR
$61.2B
| $8.31M | ﹤0.01% |
37,000
-115,100
| -76% | -$27.1M |
|
2258
Legend Biotech
LEGN
$4.01B
| $8.31M | ﹤0.01% |
255,468
-314,908
| -55% | -$13M |
|
2259
Towne Bank
TOWN
$3.42B
| $8.3M | ﹤0.01% |
243,773
+225,921
| +1,266% | +$7.86M |
|
2260
PUT
CME Group
CME
$94.8B
| $8.29M | ﹤0.01% |
35,700
-47,000
| -57% | -$10.8M |
|
2261
Andersons Inc
ANDE
$2.22B
| $8.29M | ﹤0.01% |
204,532
+198,925
| +3,548% | +$9.23M |
|
2262
iShares Russell 1000 Growth ETF
IWF
$128B
| $8.27M | ﹤0.01% |
82,392
+68,340
| +486% | +$6.72M |
|
2263
RELX
RELX
$62B
| $8.26M | ﹤0.01% |
181,956
-155,270
| -46% | -$7.27M |
|
2264
HP
HPQ
$27.5B
| $8.26M | ﹤0.01% |
253,200
+239,011
| +1,684% | +$8.59M |
|
2265
Denali Therapeutics
DNLI
$3.94B
| $8.24M | ﹤0.01% |
404,224
+344,056
| +572% | +$8.81M |
|
2266
ePlus
PLUS
$2.34B
| $8.24M | ﹤0.01% |
111,499
+50,732
| +83% | +$4.43M |
|
2267
PUT
ProShares UltraPro QQQ
TQQQ
$37.9B
| $8.24M | ﹤0.01% |
+208,200
| New | +$8.21M |
|
|
SCS
2268
DELISTED
Steelcase
SCS
| $8.21M | ﹤0.01% |
694,625
+335,889
| +94% | +$4.32M |
|
2269
CALL
Air Products & Chemicals
APD
$67.6B
| $8.21M | ﹤0.01% |
28,300
-17,800
| -39% | -$5.59M |
|
2270
uniQure
QURE
$3.22B
| $8.2M | ﹤0.01% |
464,535
-1,725,446
| -79% | -$14.9M |
|
|
PENG
2271
Penguin Solutions Inc
PENG
$2.99B
| $8.16M | ﹤0.01% |
425,132
+331,724
| +355% | +$6.05M |
|
|
CVGW
2272
DELISTED
Calavo Growers
CVGW
| $8.14M | ﹤0.01% |
319,091
-93,015
| -23% | -$2.53M |
|
2273
AeroVironment
AVAV
$9.45B
| $8.13M | ﹤0.01% |
52,839
+50,829
| +2,529% | +$9.95M |
|
2274
Gerdau
GGB
$9.7B
| $8.13M | ﹤0.01% |
2,822,453
+2,579,621
| +1,062% | +$8.52M |
|
|
USAP
2275
DELISTED
Universal Stainless & Alloy
USAP
| $8.12M | ﹤0.01% |
184,519
+34,634
| +23% | +$1.5M |
|
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.