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 | |
|---|---|---|---|---|---|---|
2351
PUT
Cloudflare
NET
$109B
| $7.41M | ﹤0.01% |
68,800
+59,700
| +656% | +$5.83M |
|
2352
N-able
NABL
$919M
| $7.4M | ﹤0.01% |
791,871
+258,979
| +49% | +$2.9M |
|
|
TRML
2353
DELISTED
Tourmaline Bio
TRML
| $7.4M | ﹤0.01% |
364,658
-144,757
| -28% | -$3.65M |
|
2354
CALL
Arthur J. Gallagher & Co
AJG
$64.1B
| $7.38M | ﹤0.01% |
26,000
-28,300
| -52% | -$8.24M |
|
|
CCRN
2355
DELISTED
Cross Country Healthcare
CCRN
| $7.37M | ﹤0.01% |
405,600
+352,056
| +658% | +$4.74M |
|
2356
Hain Celestial
HAIN
$54.5M
| $7.36M | ﹤0.01% |
1,196,617
-846,081
| -41% | -$6.77M |
|
2357
Nuveen Churchill Direct Lending
NCDL
$638M
| $7.35M | ﹤0.01% |
437,992
+343,113
| +362% | +$5.88M |
|
2358
National Beverage
FIZZ
$2.99B
| $7.35M | ﹤0.01% |
172,191
-46,807
| -21% | -$2.19M |
|
|
WAY
2359
CALL
Waystar Holding Corp
WAY
$4.68B
| $7.34M | ﹤0.01% |
+200,000
| New | +$6.15M |
|
2360
CALL
Icon
ICLR
$12.5B
| $7.34M | ﹤0.01% |
35,000
+20,000
| +133% | +$4.67M |
|
2361
Kforce
KFRC
$1.05B
| $7.33M | ﹤0.01% |
129,318
-4,379
| -3% | -$254K |
|
2362
Atmus Filtration Technologies
ATMU
$4.46B
| $7.32M | ﹤0.01% |
186,912
+89,107
| +91% | +$3.62M |
|
2363
PUT
Sabre
SABR
$806M
| $7.3M | ﹤0.01% |
2,000,000
| – | – |
|
2364
Coca-Cola Femsa
KOF
$23.2B
| $7.29M | ﹤0.01% |
93,645
+1,860
| +2% | +$153K |
|
2365
PUT
Enphase Energy
ENPH
$5.48B
| $7.29M | ﹤0.01% |
106,200
-37,800
| -26% | -$3M |
|
2366
CALL
Cigna
CI
$73.8B
| $7.29M | ﹤0.01% |
26,400
+8,500
| +47% | +$2.71M |
|
2367
CALL
Waste Management
WM
$91.9B
| $7.28M | ﹤0.01% |
36,100
+31,400
| +668% | +$6.74M |
|
2368
Garrett Motion
GTX
$5.64B
| $7.28M | ﹤0.01% |
806,277
-250,174
| -24% | -$2.08M |
|
2369
CALL
Carnival Corporation Ltd
CCL
$39.1B
| $7.27M | ﹤0.01% |
291,900
-14,500
| -5% | -$339K |
|
2370
CrowdStrike
CRWD
$217B
| $7.27M | ﹤0.01% |
84,996
-294,368
| -78% | -$24.5M |
|
|
BNY
2371
CALL
Bank of New York Mellon
BNY
$107B
| $7.27M | ﹤0.01% |
94,600
-14,500
| -13% | -$1.12M |
|
2372
CALL
Vistra
VST
$47.9B
| $7.25M | ﹤0.01% |
52,600
-500
| -0.9% | -$69.4K |
|
2373
C3.ai
AI
$1.58B
| $7.24M | ﹤0.01% |
210,383
-44,164
| -17% | -$1.37M |
|
2374
PUT
Cameco
CCJ
$42.2B
| $7.24M | ﹤0.01% |
140,900
-73,600
| -34% | -$4.01M |
|
|
ARIS
2375
DELISTED
Aris Water Solutions
ARIS
| $7.22M | ﹤0.01% |
301,640
+56,903
| +23% | +$1.24M |
|
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.