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 | |
|---|---|---|---|---|---|---|
3176
CALL
Molson Coors Class B
TAP
$7.86B
| $3.31M | ﹤0.01% |
54,400
-13,400
| -20% | -$772K |
|
3177
Quanta Services
PWR
$102B
| $3.31M | ﹤0.01% |
13,026
-8,148
| -38% | -$2.35M |
|
3178
Neuropace
NPCE
$460M
| $3.3M | ﹤0.01% |
268,716
-374,495
| -58% | -$4.69M |
|
|
XYZ
3179
CALL
Block Inc
XYZ
$50.4B
| $3.29M | ﹤0.01% |
60,600
-128,500
| -68% | -$9.59M |
|
3180
PUT
Abercrombie & Fitch
ANF
$4.84B
| $3.29M | ﹤0.01% |
43,100
-48,600
| -53% | -$5.23M |
|
|
ETNB
3181
DELISTED
89bio
ETNB
| $3.29M | ﹤0.01% |
452,454
-255,742
| -36% | -$2.24M |
|
3182
Agilysys
AGYS
$3.09B
| $3.29M | ﹤0.01% |
+45,326
| New | +$4.14M |
|
3183
Claros Mortgage Trust
CMTG
$251M
| $3.29M | ﹤0.01% |
881,284
+745,896
| +551% | +$2.56M |
|
3184
Natural Gas Services Group
NGS
$468M
| $3.28M | ﹤0.01% |
149,493
+81,367
| +119% | +$2.06M |
|
3185
Shoals Technologies Group
SHLS
$1.57B
| $3.28M | ﹤0.01% |
988,923
+787,111
| +390% | +$3.27M |
|
3186
Phathom Pharmaceuticals
PHAT
$726M
| $3.28M | ﹤0.01% |
523,363
+463,372
| +772% | +$2.81M |
|
3187
Watts Water Technologies
WTS
$11.7B
| $3.28M | ﹤0.01% |
16,088
-5,454
| -25% | -$1.14M |
|
3188
PUT
Global Payments
GPN
$23.6B
| $3.28M | ﹤0.01% |
33,500
-2,700
| -7% | -$283K |
|
|
IAS
3189
DELISTED
Integral Ad Science
IAS
| $3.28M | ﹤0.01% |
406,770
+342,646
| +534% | +$3.42M |
|
3190
Upbound Group
UPBD
$1.18B
| $3.27M | ﹤0.01% |
136,664
+90,801
| +198% | +$2.49M |
|
3191
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $3.27M | ﹤0.01% |
39,563
+22,738
| +135% | +$1.87M |
|
3192
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17B
| $3.27M | ﹤0.01% |
32,520
-56,004
| -63% | -$5.63M |
|
3193
PUT
Southern Copper
SCCO
$163B
| $3.27M | ﹤0.01% |
36,676
-41,962
| -53% | -$3.77M |
|
3194
CALL
Ollie's Bargain Outlet
OLLI
$4.51B
| $3.27M | ﹤0.01% |
+28,100
| New | +$2.97M |
|
3195
Ecovyst
ECVT
$1.33B
| $3.26M | ﹤0.01% |
526,013
+242,807
| +86% | +$1.8M |
|
3196
Rogers Corp
ROG
$2.24B
| $3.26M | ﹤0.01% |
48,285
+45,565
| +1,675% | +$3.92M |
|
3197
PUT
BP
BP
$109B
| $3.26M | ﹤0.01% |
96,400
+56,500
| +142% | +$1.84M |
|
|
INFA
3198
DELISTED
Informatica
INFA
| $3.25M | ﹤0.01% |
186,155
-304,161
| -62% | -$6.67M |
|
3199
Bumble
BMBL
$417M
| $3.25M | ﹤0.01% |
748,210
+583,560
| +354% | +$3.8M |
|
3200
CALL
Veeva Systems
VEEV
$33.5B
| $3.24M | ﹤0.01% |
14,000
-18,600
| -57% | -$4.25M |
|
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.