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 | |
|---|---|---|---|---|---|---|
3126
CALL
Truist Financial
TFC
$64.3B
| $3.46M | ﹤0.01% |
84,200
+74,100
| +734% | +$3.3M |
|
3127
Banco de Chile
BCH
$20.9B
| $3.46M | ﹤0.01% |
130,696
+102,572
| +365% | +$2.62M |
|
|
CLDT
3128
Chatham Lodging
CLDT
$629M
| $3.46M | ﹤0.01% |
485,480
-220,861
| -31% | -$1.83M |
|
3129
Janus International
JBI
$771M
| $3.46M | ﹤0.01% |
480,425
+22,163
| +5% | +$176K |
|
3130
Western Digital
WDC
$189B
| $3.46M | ﹤0.01% |
85,550
-1,412,168
| -94% | -$67M |
|
3131
Companhia Siderúrgica Nacional
SID
$1.24B
| $3.46M | ﹤0.01% |
2,069,826
+1,711,712
| +478% | +$2.63M |
|
3132
nLIGHT
LASR
$4.35B
| $3.46M | ﹤0.01% |
444,862
+244,779
| +122% | +$2.46M |
|
3133
PUT
OneMain Financial
OMF
$7.53B
| $3.46M | ﹤0.01% |
70,700
+66,200
| +1,471% | +$3.51M |
|
|
LNW
3134
DELISTED
Light & Wonder
LNW
| $3.45M | ﹤0.01% |
39,862
-88,424
| -69% | -$8.51M |
|
3135
CALL
Match Group
MTCH
$9.62B
| $3.45M | ﹤0.01% |
110,600
+95,400
| +628% | +$3.12M |
|
3136
NETSCOUT
NTCT
$3.07B
| $3.45M | ﹤0.01% |
164,188
-113,728
| -41% | -$2.56M |
|
3137
Synaptics
SYNA
$4.16B
| $3.44M | ﹤0.01% |
+53,987
| New | +$3.91M |
|
3138
3D Systems Corp
DDD
$581M
| $3.43M | ﹤0.01% |
1,619,527
-1,965,156
| -55% | -$6.68M |
|
3139
CALL
Antero Resources
AR
$11B
| $3.43M | ﹤0.01% |
84,900
-445,400
| -84% | -$17.1M |
|
3140
Park National Corp
PRK
$3.8B
| $3.43M | ﹤0.01% |
22,642
+15,824
| +232% | +$2.6M |
|
3141
Cumberland Pharmaceuticals
CPIX
$116M
| $3.43M | ﹤0.01% |
+809,897
| New | +$3.36M |
|
3142
PUT
Motorola Solutions
MSI
$73.5B
| $3.41M | ﹤0.01% |
+7,800
| New | +$3.48M |
|
|
AMPS
3143
DELISTED
Altus Power
AMPS
| $3.41M | ﹤0.01% |
689,148
+36,870
| +6% | +$168K |
|
3144
Fluence Energy
FLNC
$2.08B
| $3.41M | ﹤0.01% |
703,241
-17,587
| -2% | -$168K |
|
3145
Karooooo
KARO
$2B
| $3.41M | ﹤0.01% |
80,099
+71,271
| +807% | +$3.22M |
|
3146
CALL
Haemonetics
HAE
$3.88B
| $3.41M | ﹤0.01% |
+53,600
| New | +$3.65M |
|
3147
Benchmark Electronics
BHE
$3.07B
| $3.41M | ﹤0.01% |
89,548
-246,918
| -73% | -$10.4M |
|
3148
CALL
Carlisle Companies
CSL
$15.3B
| $3.4M | ﹤0.01% |
+10,000
| New | +$3.58M |
|
3149
CALL
Sphere Entertainment
SPHR
$5.69B
| $3.4M | ﹤0.01% |
104,000
+89,200
| +603% | +$3.62M |
|
3150
PUT
Vale
VALE
$63.1B
| $3.4M | ﹤0.01% |
340,500
+47,900
| +16% | +$453K |
|
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.