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 | |
|---|---|---|---|---|---|---|
2826
Resideo Technologies
REZI
$4.04B
| $4.67M | ﹤0.01% |
263,821
+242,260
| +1,124% | +$4.97M |
|
2827
Heritage Insurance Holdings
HRTG
$902M
| $4.66M | ﹤0.01% |
322,957
+91,982
| +40% | +$1.11M |
|
2828
Hillman Solutions
HLMN
$1.83B
| $4.66M | ﹤0.01% |
529,604
-150,379
| -22% | -$1.46M |
|
|
SLNO
2829
CALL
DELISTED
Soleno Therapeutics
SLNO
| $4.64M | ﹤0.01% |
65,000
+50,000
| +333% | +$2.43M |
|
|
MLACU
2830
DELISTED
Mountain Lake Acquisition Corp Units
MLACU
| $4.64M | ﹤0.01% |
450,000
| – | – |
|
2831
Diamondback Energy
FANG
$53.8B
| $4.64M | ﹤0.01% |
29,042
-577,403
| -95% | -$93.1M |
|
2832
Electromed
ELMD
$348M
| $4.64M | ﹤0.01% |
194,519
+152,480
| +363% | +$4.45M |
|
2833
Sonos
SONO
$1.93B
| $4.64M | ﹤0.01% |
434,416
-372,786
| -46% | -$4.9M |
|
2834
Eton Pharmaceutcials
ETON
$1.25B
| $4.62M | ﹤0.01% |
355,929
+217,042
| +156% | +$3.28M |
|
2835
PUT
Paycom
PAYC
$7.99B
| $4.61M | ﹤0.01% |
21,100
+14,100
| +201% | +$2.97M |
|
|
NETDU
2836
DELISTED
Nabors Energy Transition Corp II Unit
NETDU
| $4.6M | ﹤0.01% |
400,000
| – | – |
|
2837
C3.ai
AI
$1.52B
| $4.6M | ﹤0.01% |
218,414
+8,031
| +4% | +$228K |
|
2838
Celsius Holdings
CELH
$7.5B
| $4.6M | ﹤0.01% |
129,005
-369,396
| -74% | -$10.1M |
|
|
WBA
2839
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $4.59M | ﹤0.01% |
410,700
-89,400
| -18% | -$970K |
|
|
SNCY
2840
DELISTED
Sun Country Airlines
SNCY
| $4.58M | ﹤0.01% |
372,061
-104,968
| -22% | -$1.63M |
|
2841
NB Bancorp
NBBK
$1.02B
| $4.58M | ﹤0.01% |
253,543
+29,373
| +13% | +$546K |
|
2842
CALL
HP
HPQ
$25.6B
| $4.58M | ﹤0.01% |
165,400
+32,400
| +24% | +$1.03M |
|
2843
PUT
e.l.f. Beauty
ELF
$5.13B
| $4.58M | ﹤0.01% |
72,900
-54,500
| -43% | -$4.75M |
|
2844
PUT
Cummins
CMI
$85.4B
| $4.58M | ﹤0.01% |
14,600
+8,500
| +139% | +$2.99M |
|
2845
Canadian Imperial Bank of Commerce
CM
$109B
| $4.57M | ﹤0.01% |
81,197
-92,634
| -53% | -$5.59M |
|
2846
Estee Lauder
EL
$30.7B
| $4.57M | ﹤0.01% |
69,234
-381,338
| -85% | -$27.6M |
|
|
VCIC
2847
DELISTED
Vine Hill Capital Investment Corp
VCIC
| $4.57M | ﹤0.01% |
450,000
| – | – |
|
2848
Teradata
TDC
$3.15B
| $4.56M | ﹤0.01% |
202,864
+95,777
| +89% | +$2.59M |
|
2849
Tencent Music
TME
$15.5B
| $4.56M | ﹤0.01% |
316,413
+87,956
| +39% | +$1.1M |
|
|
DOCU
2850
CALL
DocuSign
DOCU
$10.8B
| $4.55M | ﹤0.01% |
55,900
-19,000
| -25% | -$1.66M |
|
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.