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 | |
|---|---|---|---|---|---|---|
2751
Zoom
ZM
$28.8B
| $5.01M | ﹤0.01% |
67,852
+51,865
| +324% | +$4.13M |
|
2752
PUT
LPL Financial
LPLA
$28.4B
| $5.01M | ﹤0.01% |
15,300
-3,700
| -19% | -$1.29M |
|
2753
Intercorp Financial Services
IFS
$6.64B
| $5M | ﹤0.01% |
150,964
-406,008
| -73% | -$12.8M |
|
2754
Unitil
UTL
$963M
| $5M | ﹤0.01% |
86,678
+34,017
| +65% | +$1.87M |
|
2755
Madison Square Garden
MSGE
$3.64B
| $4.99M | ﹤0.01% |
+152,541
| New | +$5.32M |
|
2756
CALL
Fluor
FLR
$7.01B
| $4.99M | ﹤0.01% |
+139,400
| New | +$6.02M |
|
|
TEM
2757
CALL
Tempus AI
TEM
$8.31B
| $4.99M | ﹤0.01% |
+103,500
| New | +$5.59M |
|
2758
PUT
Dominion Energy
D
$60.5B
| $4.99M | ﹤0.01% |
89,000
+28,300
| +47% | +$1.56M |
|
2759
Accel Entertainment
ACEL
$979M
| $4.99M | ﹤0.01% |
502,521
+359,948
| +252% | +$3.92M |
|
2760
Rocket Pharmaceuticals
RCKT
$372M
| $4.98M | ﹤0.01% |
747,147
+410,238
| +122% | +$4.05M |
|
2761
First Financial Bankshares
FFIN
$5.08B
| $4.98M | ﹤0.01% |
138,674
-26,219
| -16% | -$963K |
|
2762
Kohl's
KSS
$2.28B
| $4.97M | ﹤0.01% |
607,929
-1,429,338
| -70% | -$16.6M |
|
2763
Vanguard FTSE Europe ETF
VGK
$30.8B
| $4.97M | ﹤0.01% |
70,791
+56,862
| +408% | +$3.92M |
|
2764
CALL
Moderna
MRNA
$22B
| $4.97M | ﹤0.01% |
175,200
+29,700
| +20% | +$1.05M |
|
2765
Hyster-Yale Materials Handling
HY
$628M
| $4.97M | ﹤0.01% |
119,560
+20,305
| +20% | +$1.01M |
|
2766
CALL
NextNav
NN
$1.81B
| $4.97M | ﹤0.01% |
+408,000
| New | +$4.93M |
|
2767
PUT
SoFi Technologies
SOFI
$23.3B
| $4.96M | ﹤0.01% |
426,800
-280,600
| -40% | -$4.04M |
|
2768
Kulicke & Soffa
KLIC
$4.72B
| $4.96M | ﹤0.01% |
150,403
-272,805
| -64% | -$11.2M |
|
2769
Magnite
MGNI
$2.8B
| $4.96M | ﹤0.01% |
434,479
+215,513
| +98% | +$3.44M |
|
|
ZEUS
2770
DELISTED
Olympic Steel
ZEUS
| $4.96M | ﹤0.01% |
157,269
-125,813
| -44% | -$4.23M |
|
2771
Prudential
PUK
$37.4B
| $4.96M | ﹤0.01% |
230,505
-126,243
| -35% | -$2.26M |
|
2772
CALL
Viking Therapeutics
VKTX
$3.8B
| $4.95M | ﹤0.01% |
205,000
+41,600
| +25% | +$1.31M |
|
|
TEM
2773
PUT
Tempus AI
TEM
$8.31B
| $4.94M | ﹤0.01% |
102,500
+32,500
| +46% | +$1.75M |
|
2774
CALL
W.W. Grainger
GWW
$64.7B
| $4.94M | ﹤0.01% |
5,000
| – | – |
|
2775
Community Health Systems
CYH
$412M
| $4.93M | ﹤0.01% |
1,824,758
+559,263
| +44% | +$1.74M |
|
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.