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 | |
|---|---|---|---|---|---|---|
3101
Brixmor Property Group
BRX
$9.68B
| $3.54M | ﹤0.01% |
133,291
-1,042,721
| -89% | -$27.7M |
|
3102
TG Therapeutics
TGTX
$7.07B
| $3.54M | ﹤0.01% |
+89,736
| New | +$3.02M |
|
|
RC
3103
Ready Capital
RC
$276M
| $3.54M | ﹤0.01% |
+694,825
| New | +$4.28M |
|
3104
PUT
Parker-Hannifin
PH
$126B
| $3.53M | ﹤0.01% |
5,800
+100
| +2% | +$65.4K |
|
3105
PUT
BioLife Solutions
BLFS
$1.57B
| $3.52M | ﹤0.01% |
+154,300
| New | +$4.06M |
|
3106
WEC Energy
WEC
$35.6B
| $3.52M | ﹤0.01% |
32,332
-129,782
| -80% | -$13.3M |
|
3107
Zymeworks
ZYME
$1.6B
| $3.52M | ﹤0.01% |
+295,606
| New | +$4.03M |
|
3108
CALL
CleanSpark
CLSK
$3.76B
| $3.52M | ﹤0.01% |
523,900
+257,900
| +97% | +$2.44M |
|
3109
PUT
Iron Mountain
IRM
$36.9B
| $3.52M | ﹤0.01% |
40,900
+36,100
| +752% | +$3.48M |
|
3110
C&F Financial
CFFI
$273M
| $3.52M | ﹤0.01% |
52,195
+36,884
| +241% | +$2.76M |
|
|
P
3111
PUT
Everpure Inc
P
$26.6B
| $3.52M | ﹤0.01% |
79,400
-15,600
| -16% | -$941K |
|
3112
PUT
Tyson Foods
TSN
$21B
| $3.51M | ﹤0.01% |
55,000
+30,900
| +128% | +$1.81M |
|
3113
Zai Lab
ZLAB
$2.05B
| $3.51M | ﹤0.01% |
97,077
-26,310
| -21% | -$809K |
|
3114
Lindblad Expeditions
LIND
$2.17B
| $3.51M | ﹤0.01% |
378,259
-3,641
| -1% | -$41.5K |
|
3115
Origin Bancorp
OBK
$1.69B
| $3.5M | ﹤0.01% |
101,062
+52,726
| +109% | +$1.94M |
|
3116
Skyward Specialty Insurance
SKWD
$2.47B
| $3.5M | ﹤0.01% |
+66,188
| New | +$3.19M |
|
3117
Usana Health Sciences
USNA
$421M
| $3.5M | ﹤0.01% |
129,610
+111,973
| +635% | +$3.55M |
|
|
ML
3118
DELISTED
MoneyLion Inc.
ML
| $3.49M | ﹤0.01% |
40,362
+34,759
| +620% | +$3.02M |
|
3119
Tidewater
TDW
$3.55B
| $3.49M | ﹤0.01% |
82,559
-95,433
| -54% | -$4.75M |
|
3120
Middlesex Water
MSEX
$1.07B
| $3.49M | ﹤0.01% |
54,376
+12,116
| +29% | +$658K |
|
3121
CALL
CF Industries
CF
$18.2B
| $3.49M | ﹤0.01% |
44,600
+19,900
| +81% | +$1.67M |
|
3122
Citizens
CIA
$236M
| $3.48M | ﹤0.01% |
765,576
+563,229
| +278% | +$2.71M |
|
3123
CALL
Fastenal
FAST
$55.2B
| $3.47M | ﹤0.01% |
89,600
+30,200
| +51% | +$1.13M |
|
|
KGEI
3124
Kolibri Global Energy
KGEI
$190M
| $3.47M | ﹤0.01% |
413,172
+350,180
| +556% | +$2.63M |
|
3125
Global E Online
GLBE
$6.75B
| $3.47M | ﹤0.01% |
97,210
-311,125
| -76% | -$15.3M |
|
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.