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 | |
|---|---|---|---|---|---|---|
2726
CALL
Neurocrine Biosciences
NBIX
$16.9B
| $5.15M | ﹤0.01% |
46,600
+39,500
| +556% | +$5M |
|
2727
Hope Bancorp
HOPE
$1.81B
| $5.15M | ﹤0.01% |
492,153
+292,994
| +147% | +$3.29M |
|
2728
Seaboard Corp
SEB
$4.21B
| $5.15M | ﹤0.01% |
1,910
-1,023
| -35% | -$2.69M |
|
2729
CALL
Domino's
DPZ
$12.1B
| $5.15M | ﹤0.01% |
11,200
+6,600
| +143% | +$2.99M |
|
|
PARAA
2730
DELISTED
Paramount Global Class A
PARAA
| $5.14M | ﹤0.01% |
226,058
-4,225
| -2% | -$95.7K |
|
|
XYZ
2731
PUT
Block Inc
XYZ
$48.9B
| $5.14M | ﹤0.01% |
94,600
-159,100
| -63% | -$11.9M |
|
2732
CALL
Varonis Systems
VRNS
$4.73B
| $5.14M | ﹤0.01% |
+127,000
| New | +$5.46M |
|
2733
Amcor
AMCR
$21.3B
| $5.12M | ﹤0.01% |
105,620
-716,030
| -87% | -$35.3M |
|
2734
Innodata
INOD
$2.07B
| $5.12M | ﹤0.01% |
142,608
+33,473
| +31% | +$1.47M |
|
2735
CALL
Take-Two Interactive
TTWO
$45.8B
| $5.12M | ﹤0.01% |
24,700
-68,600
| -74% | -$13.7M |
|
2736
Astec Industries
ASTE
$1.21B
| $5.11M | ﹤0.01% |
148,351
+96,883
| +188% | +$3.33M |
|
2737
CALL
Toyota
TM
$220B
| $5.1M | ﹤0.01% |
28,900
+5,400
| +23% | +$1M |
|
2738
Castle Biosciences
CSTL
$928M
| $5.1M | ﹤0.01% |
254,749
-294,060
| -54% | -$7.28M |
|
|
SBXD
2739
SilverBox Corp IV
SBXD
$276M
| $5.09M | ﹤0.01% |
500,000
| – | – |
|
2740
PUT
Snap
SNAP
$8.48B
| $5.08M | ﹤0.01% |
583,100
-301,700
| -34% | -$3.15M |
|
2741
Wabash National
WNC
$508M
| $5.08M | ﹤0.01% |
459,547
+411,889
| +864% | +$5.53M |
|
2742
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $5.07M | ﹤0.01% |
46,652
-61,820
| -57% | -$6.66M |
|
2743
CALL
NRG Energy
NRG
$29.2B
| $5.07M | ﹤0.01% |
53,100
+29,100
| +121% | +$2.94M |
|
2744
Community Trust Bancorp
CTBI
$1.43B
| $5.07M | ﹤0.01% |
100,651
+54,130
| +116% | +$2.87M |
|
2745
Rockwell Automation
ROK
$53.5B
| $5.06M | ﹤0.01% |
19,586
-128,305
| -87% | -$35.7M |
|
|
EARN
2746
Ellington Residential Mortgage REIT
EARN
$164M
| $5.04M | ﹤0.01% |
932,326
+773,169
| +486% | +$4.92M |
|
|
KFIIU
2747
K&F Growth Acquisition Corp II Unit
KFIIU
| $5.04M | ﹤0.01% |
+499,700
| New | +$5.01M |
|
|
ATIIU
2748
Archimedes Tech SPAC Partners II Co Unit
ATIIU
$241M
| $5.04M | ﹤0.01% |
+500,000
| New | +$5.02M |
|
|
CVAC
2749
DELISTED
CureVac
CVAC
| $5.03M | ﹤0.01% |
1,816,984
+169,947
| +10% | +$591K |
|
2750
CALL
Forward Air
FWRD
$464M
| $5.02M | ﹤0.01% |
+250,000
| New | +$6.9M |
|
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.