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 | |
|---|---|---|---|---|---|---|
3076
PUT
Domino's
DPZ
$12.2B
| $3.63M | ﹤0.01% |
7,900
-3,500
| -31% | -$1.58M |
|
|
GAP
3077
PUT
The Gap Inc
GAP
$7.42B
| $3.62M | ﹤0.01% |
175,500
+29,500
| +20% | +$663K |
|
3078
MakeMyTrip
MMYT
$5.95B
| $3.62M | ﹤0.01% |
+36,911
| New | +$3.81M |
|
3079
PUT
Edwards Lifesciences
EW
$51.6B
| $3.62M | ﹤0.01% |
49,900
-548,600
| -92% | -$39.3M |
|
3080
PUT
Entegris
ENTG
$22B
| $3.61M | ﹤0.01% |
41,300
-43,200
| -51% | -$4.36M |
|
|
EHAB
3081
DELISTED
Enhabit
EHAB
| $3.61M | ﹤0.01% |
411,015
-198,985
| -33% | -$1.67M |
|
3082
CALL
Trip.com Group
TCOM
$29.5B
| $3.61M | ﹤0.01% |
56,800
-649,700
| -92% | -$42.5M |
|
3083
LendingTree
TREE
$474M
| $3.6M | ﹤0.01% |
71,635
+6,317
| +10% | +$281K |
|
3084
CALL
TransDigm Group
TDG
$71.3B
| $3.6M | ﹤0.01% |
2,600
-6,100
| -70% | -$8.13M |
|
3085
CALL
VICI Properties
VICI
$29.3B
| $3.59M | ﹤0.01% |
110,000
-25,500
| -19% | -$786K |
|
3086
B2Gold
BTG
$5.18B
| $3.58M | ﹤0.01% |
1,256,882
-25,646
| -2% | -$68.9K |
|
3087
Inhibrx
INBX
$1.23B
| $3.57M | ﹤0.01% |
255,336
-3,052
| -1% | -$41.4K |
|
3088
CALL
Roku
ROKU
$21.9B
| $3.57M | ﹤0.01% |
50,700
+4,800
| +10% | +$384K |
|
|
GDEN
3089
DELISTED
Golden Entertainment
GDEN
| $3.57M | ﹤0.01% |
135,263
-36,039
| -21% | -$1.11M |
|
3090
Real Brokerage
REAX
$379M
| $3.57M | ﹤0.01% |
878,092
+693,231
| +375% | +$3.29M |
|
3091
Peoples Bancorp
PEBO
$1.5B
| $3.56M | ﹤0.01% |
120,165
+111,027
| +1,215% | +$3.49M |
|
3092
FTAI Aviation
FTAI
$22.8B
| $3.56M | ﹤0.01% |
32,038
-42,258
| -57% | -$4.99M |
|
3093
COPT Defense Properties
CDP
$4.29B
| $3.55M | ﹤0.01% |
130,363
-897,027
| -87% | -$25.3M |
|
3094
PUT
VeriSign
VRSN
$27B
| $3.55M | ﹤0.01% |
+14,000
| New | +$3.18M |
|
3095
STRATTEC Security
STRT
$370M
| $3.55M | ﹤0.01% |
90,068
+60,471
| +204% | +$2.59M |
|
3096
CALL
Keysight
KEYS
$58.3B
| $3.55M | ﹤0.01% |
23,700
-91,600
| -79% | -$15.1M |
|
3097
PUT
Credo Technology Group
CRDO
$44.4B
| $3.55M | ﹤0.01% |
+88,300
| New | +$5.49M |
|
3098
CALL
Universal Display
OLED
$3.96B
| $3.54M | ﹤0.01% |
25,400
-2,900
| -10% | -$433K |
|
3099
Prime Medicine
PRME
$538M
| $3.54M | ﹤0.01% |
1,779,945
-94,626
| -5% | -$241K |
|
|
CSGS
3100
DELISTED
CSG Systems International
CSGS
| $3.54M | ﹤0.01% |
58,546
-355,946
| -86% | -$21.2M |
|
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.