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 | |
|---|---|---|---|---|---|---|
3201
Vera Therapeutics
VERA
$2.21B
| $3.24M | ﹤0.01% |
134,894
+57,246
| +74% | +$1.84M |
|
3202
PUT
PENN Entertainment
PENN
$2.69B
| $3.24M | ﹤0.01% |
198,600
-61,900
| -24% | -$1.21M |
|
|
EVBN
3203
DELISTED
Evans Bancorp Inc
EVBN
| $3.23M | ﹤0.01% |
82,928
+45,296
| +120% | +$1.9M |
|
3204
MarineMax
HZO
$815M
| $3.23M | ﹤0.01% |
150,210
+62,646
| +72% | +$1.67M |
|
|
FTW
3205
Presidio Production Co
FTW
$344M
| $3.22M | ﹤0.01% |
318,570
+17,847
| +6% | +$179K |
|
3206
AGNC Investment
AGNC
$12.6B
| $3.22M | ﹤0.01% |
336,493
-951,905
| -74% | -$9.51M |
|
3207
SI-BONE Inc
SIBN
$789M
| $3.22M | ﹤0.01% |
+229,553
| New | +$3.7M |
|
3208
PGIM Ultra Short Bond ETF
PULS
$18.3B
| $3.22M | ﹤0.01% |
64,753
+14,500
| +29% | +$720K |
|
|
OPRA
3209
Opera Ltd
OPRA
$1.82B
| $3.22M | ﹤0.01% |
201,835
+122,635
| +155% | +$2.27M |
|
3210
CALL
Emcor
EME
$36.7B
| $3.22M | ﹤0.01% |
8,700
+5,200
| +149% | +$2.25M |
|
3211
Security National Financial
SNFCA
$247M
| $3.21M | ﹤0.01% |
292,701
+158,299
| +118% | +$1.8M |
|
|
KE
3212
Kimball Electronics
KE
$651M
| $3.21M | ﹤0.01% |
195,242
-52,166
| -21% | -$922K |
|
3213
CALL
TripAdvisor
TRIP
$1.66B
| $3.21M | ﹤0.01% |
226,400
+145,000
| +178% | +$2.27M |
|
3214
Strategic Education
STRA
$1.91B
| $3.21M | ﹤0.01% |
38,176
+5,670
| +17% | +$520K |
|
|
SA
3215
Seabridge Gold
SA
$3.14B
| $3.2M | ﹤0.01% |
274,625
-44,178
| -14% | -$524K |
|
3216
PUT
Dick's Sporting Goods
DKS
$18B
| $3.2M | ﹤0.01% |
15,900
-4,400
| -22% | -$982K |
|
|
CFLT
3217
PUT
DELISTED
Confluent
CFLT
| $3.2M | ﹤0.01% |
+136,600
| New | +$3.96M |
|
|
ANSC
3218
Agriculture & Natural Solutions Acquisition Corp
ANSC
$476M
| $3.2M | ﹤0.01% |
300,000
| – | – |
|
3219
PUT
Lamb Weston
LW
$7.32B
| $3.19M | ﹤0.01% |
59,800
-117,700
| -66% | -$6.67M |
|
3220
CALL
KeyCorp
KEY
$25B
| $3.18M | ﹤0.01% |
198,900
+181,500
| +1,043% | +$3.08M |
|
3221
Artesian Resources
ARTNA
$351M
| $3.18M | ﹤0.01% |
97,248
-21,656
| -18% | -$679K |
|
|
CAN
3222
Canaan Creative
CAN
$148M
| $3.17M | ﹤0.01% |
3,613,622
+805,077
| +29% | +$1.28M |
|
3223
Landstar System
LSTR
$6.16B
| $3.17M | ﹤0.01% |
21,098
-3,167
| -13% | -$510K |
|
3224
Byline Bancorp
BY
$1.8B
| $3.17M | ﹤0.01% |
+120,999
| New | +$3.4M |
|
3225
CALL
Advance Auto Parts
AAP
$3.6B
| $3.16M | ﹤0.01% |
80,600
+9,800
| +14% | +$420K |
|
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.