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 | |
|---|---|---|---|---|---|---|
2651
Federal Agricultural Mortgage
AGM
$2.58B
| $5.52M | ﹤0.01% |
29,463
-2,167
| -7% | -$425K |
|
2652
Trinity Capital Inc.
TRIN
$1.6B
| $5.52M | ﹤0.01% |
364,277
-84,763
| -19% | -$1.32M |
|
2653
Novavax
NVAX
$1.22B
| $5.52M | ﹤0.01% |
861,405
-140,028
| -14% | -$1.16M |
|
2654
CALL
Teradyne
TER
$57.3B
| $5.51M | ﹤0.01% |
66,700
+15,200
| +30% | +$1.7M |
|
2655
Qiagen
QGEN
$8.73B
| $5.51M | ﹤0.01% |
+137,168
| New | +$5.77M |
|
2656
iShares Core S&P Small-Cap ETF
IJR
$111B
| $5.5M | ﹤0.01% |
+52,623
| New | +$5.94M |
|
2657
Byrna Technologies
BYRN
$111M
| $5.5M | ﹤0.01% |
326,670
+232,770
| +248% | +$6.01M |
|
|
LOVE
2658
DELISTED
LoveSac
LOVE
| $5.5M | ﹤0.01% |
302,291
+234,324
| +345% | +$5.13M |
|
2659
PUT
H&R Block
HRB
$5.73B
| $5.49M | ﹤0.01% |
+100,000
| New | +$5.35M |
|
2660
SLB Ltd
SLB
$73.2B
| $5.49M | ﹤0.01% |
131,272
-1,758,565
| -93% | -$72.1M |
|
2661
Baker Hughes
BKR
$60.4B
| $5.48M | ﹤0.01% |
124,757
-1,487,632
| -92% | -$66.4M |
|
2662
Standard BioTools
LAB
$339M
| $5.48M | ﹤0.01% |
5,073,335
-2,008,376
| -28% | -$2.82M |
|
2663
PUT
AngloGold Ashanti
AU
$41.3B
| $5.46M | ﹤0.01% |
147,100
-13,200
| -8% | -$405K |
|
2664
Par Pacific Holdings
PARR
$4.16B
| $5.46M | ﹤0.01% |
382,821
-1,553,977
| -80% | -$24.4M |
|
2665
Urban Edge Properties
UE
$2.85B
| $5.45M | ﹤0.01% |
287,078
-487,429
| -63% | -$9.75M |
|
|
LGF.A
2666
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $5.45M | ﹤0.01% |
615,515
+512,299
| +496% | +$4.61M |
|
2667
Blackstone Mortgage Trust
BXMT
$2.46B
| $5.45M | ﹤0.01% |
272,263
-352,797
| -56% | -$6.82M |
|
2668
Toronto Dominion Bank
TD
$200B
| $5.44M | ﹤0.01% |
90,735
-802,309
| -90% | -$46.7M |
|
2669
Microvast
MVST
$274M
| $5.44M | ﹤0.01% |
4,646,060
+2,341,637
| +102% | +$4.07M |
|
2670
Clear Channel Outdoor Holdings
CCO
$1.23B
| $5.43M | ﹤0.01% |
4,893,895
+912,632
| +23% | +$1.2M |
|
2671
CALL
D.R. Horton
DHI
$41B
| $5.43M | ﹤0.01% |
42,700
-56,800
| -57% | -$7.62M |
|
2672
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.6B
| $5.41M | ﹤0.01% |
68,589
+4,096
| +6% | +$321K |
|
2673
ProPetro Holding
PUMP
$1.37B
| $5.41M | ﹤0.01% |
735,731
+226,914
| +45% | +$1.97M |
|
|
PSTL
2674
Postal Realty Trust
PSTL
$698M
| $5.41M | ﹤0.01% |
378,517
+287,027
| +314% | +$3.86M |
|
2675
CALL
Community Health Systems
CYH
$412M
| $5.4M | ﹤0.01% |
2,001,700
+751,700
| +60% | +$2.34M |
|
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.