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 |
iShares Core S&P 500 ETF
IVV
|
+$2.22B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 3 |
Danaher
DHR
|
+$293M |
| 4 |
Linde
LIN
|
+$281M |
| 5 |
Carlyle Group
CG
|
+$268M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$926M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$770M |
| 3 |
iShares Bitcoin Trust
IBIT
|
+$649M |
| 4 |
Meta Platforms (Facebook)
META
|
+$641M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$462M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 9% |
| 2 | Technology | 7.77% |
| 3 | Healthcare | 6.87% |
| 4 | Industrials | 5.57% |
| 5 | Consumer Discretionary | 5.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VZLA
2476
Vizsla Silver
VZLA
$1.14B
| $6.67M | ﹤0.01% |
2,932,731
+2,700,887
| +1,165% | +$5.68M |
|
2477
Amalgamated Financial
AMAL
$1.48B
| $6.66M | ﹤0.01% |
231,736
-3,947
| -2% | -$129K |
|
2478
VTEX
VTEX
$750M
| $6.66M | ﹤0.01% |
1,313,690
-1,285,676
| -49% | -$7.31M |
|
2479
PUT
JetBlue
JBLU
$2.35B
| $6.66M | ﹤0.01% |
1,380,800
+93,500
| +7% | +$614K |
|
|
HEES
2480
PUT
DELISTED
H&E Equipment Services
HEES
| $6.65M | ﹤0.01% |
+70,200
| New | +$6.11M |
|
2481
Miller Industries
MLR
$572M
| $6.65M | ﹤0.01% |
156,930
+140,500
| +855% | +$8.17M |
|
2482
BJs Wholesale Club
BJ
$12.4B
| $6.65M | ﹤0.01% |
58,264
-50,216
| -46% | -$5.17M |
|
|
FFIC
2483
DELISTED
Flushing Financial
FFIC
| $6.64M | ﹤0.01% |
523,080
+267,013
| +104% | +$3.75M |
|
|
NGD
2484
DELISTED
New Gold Inc
NGD
| $6.64M | ﹤0.01% |
1,792,631
+854,586
| +91% | +$2.53M |
|
2485
Nuvation Bio
NUVB
$2.14B
| $6.64M | ﹤0.01% |
3,774,003
+1,298,131
| +52% | +$2.95M |
|
2486
PUT
MGM Resorts International
MGM
$11.4B
| $6.64M | ﹤0.01% |
223,900
-107,000
| -32% | -$3.6M |
|
2487
PUT
On Holding
ONON
$12.6B
| $6.64M | ﹤0.01% |
151,100
+24,500
| +19% | +$1.29M |
|
2488
Champion Homes
SKY
$4.44B
| $6.64M | ﹤0.01% |
70,029
+61,405
| +712% | +$5.89M |
|
2489
Compañía de Minas Buenaventura
BVN
$7.74B
| $6.63M | ﹤0.01% |
424,427
-479,056
| -53% | -$6.44M |
|
2490
Envista
NVST
$4.45B
| $6.63M | ﹤0.01% |
383,966
+263,442
| +219% | +$5.12M |
|
2491
CALL
The GEO Group
GEO
$4.19B
| $6.62M | ﹤0.01% |
226,800
+80,700
| +55% | +$2.31M |
|
2492
LyondellBasell Industries
LYB
$19.6B
| $6.62M | ﹤0.01% |
94,073
-672,713
| -88% | -$50.6M |
|
2493
PUT
Illinois Tool Works
ITW
$83B
| $6.62M | ﹤0.01% |
26,700
+18,600
| +230% | +$4.78M |
|
|
KKR.PRD
2494
KKR & Co 6.25% Series D Preferred Stock
KKR.PRD
$2.34B
| $6.61M | ﹤0.01% |
+135,000
| New | +$6.65M |
|
2495
Eagle Bancorp
EGBN
$849M
| $6.6M | ﹤0.01% |
314,370
+195,567
| +165% | +$4.64M |
|
2496
CALL
SoFi Technologies
SOFI
$23.3B
| $6.6M | ﹤0.01% |
567,500
+536,800
| +1,749% | +$7.74M |
|
2497
TD Synnex
SNX
$20.3B
| $6.6M | ﹤0.01% |
63,445
-78,530
| -55% | -$10.5M |
|
2498
CALL
Akamai
AKAM
$17.1B
| $6.59M | ﹤0.01% |
81,900
+7,100
| +9% | +$637K |
|
2499
Zeta Global
ZETA
$5.62B
| $6.58M | ﹤0.01% |
485,217
-362,829
| -43% | -$6.48M |
|
|
SVCCU
2500
Stellar V Capital Corp Unit
SVCCU
| $6.58M | ﹤0.01% |
+650,000
| New | +$6.55M |
|
Similar funds
Millennium Management's Q1 2025 Portfolio in Review
As of Q1 2025, Millennium Management held 6,639 positions worth $188B, down 8.2% from $205B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $8.86B in Q1 2025, closing 852 positions and reducing 2,261 holdings. Its most notable exit was Verizon, an estimated $263M position sold in full.
By sector, the portfolio is most concentrated in Financials at 9% of assets, up from 8.3% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Millennium Management opened a new position in Blackrock worth $215M.
- Millennium Management's largest Q1 2025 buy was Blackrock: 227,394 shares worth $215M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q1 2025, an estimated $2.22B increase.
- Millennium Management's biggest Q1 2025 reduction was Broadcom, cutting an estimated $926M.
- Millennium Management fully exited Verizon in Q1 2025, selling an estimated $263M.
- Millennium Management's ten largest holdings make up 16% of its $188B portfolio in Q1 2025.
- Millennium Management opened 739 new positions and closed 852 in Q1 2025.
- Millennium Management's portfolio value fell 8.2% quarter-over-quarter to $188B.
Based on Millennium Management's 13F filing for Q1 2025, filed 15 May 2025.