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 | |
|---|---|---|---|---|---|---|
3251
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.3B
| $3.08M | ﹤0.01% |
+48,888
| New | +$3.25M |
|
3252
York Water
YORW
$499M
| $3.08M | ﹤0.01% |
88,773
+81,138
| +1,063% | +$2.64M |
|
|
AUTL
3253
Autolus Therapeutics
AUTL
$506M
| $3.08M | ﹤0.01% |
1,986,190
+332,949
| +20% | +$676K |
|
3254
Tronox
TROX
$900M
| $3.08M | ﹤0.01% |
436,909
-233,788
| -35% | -$2.01M |
|
3255
Heron Therapeutics
HRTX
$94.6M
| $3.07M | ﹤0.01% |
1,395,285
+1,179,754
| +547% | +$2.29M |
|
3256
Evertec
EVTC
$1.93B
| $3.07M | ﹤0.01% |
83,449
+58,166
| +230% | +$2.01M |
|
|
WCC
3257
WESCO International
WCC
$18.4B
| $3.07M | ﹤0.01% |
19,753
-426,247
| -96% | -$76.3M |
|
3258
Personalis
PSNL
$1.46B
| $3.06M | ﹤0.01% |
871,512
-445,784
| -34% | -$2.12M |
|
3259
CEMIG Preferred Shares
CIG
$6.21B
| $3.06M | ﹤0.01% |
1,736,600
+293,161
| +20% | +$545K |
|
3260
Deere & Co
DE
$166B
| $3.06M | ﹤0.01% |
6,512
-46,317
| -88% | -$21.7M |
|
3261
PUT
Campbell Soup
CPB
$6.79B
| $3.05M | ﹤0.01% |
+76,500
| New | +$3M |
|
3262
Weibo
WB
$1.96B
| $3.05M | ﹤0.01% |
322,370
+254,773
| +377% | +$2.59M |
|
3263
Cushman & Wakefield Ltd
CWK
$3.2B
| $3.05M | ﹤0.01% |
298,156
+187,545
| +170% | +$2.28M |
|
3264
CALL
Enphase Energy
ENPH
$5.26B
| $3.05M | ﹤0.01% |
49,100
-68,300
| -58% | -$4.32M |
|
3265
CALL
J.M. Smucker
SJM
$12.7B
| $3.04M | ﹤0.01% |
25,700
+8,200
| +47% | +$886K |
|
3266
Maravai LifeSciences
MRVI
$954M
| $3.04M | ﹤0.01% |
1,376,721
-530,540
| -28% | -$2.1M |
|
3267
CALL
Willis Towers Watson
WTW
$31.5B
| $3.04M | ﹤0.01% |
9,000
+6,100
| +210% | +$1.99M |
|
3268
CALL
Illumina
ILMN
$30.5B
| $3.04M | ﹤0.01% |
38,300
-12,700
| -25% | -$1.37M |
|
3269
PUT
State Street
STT
$51.4B
| $3.04M | ﹤0.01% |
33,900
+29,000
| +592% | +$2.77M |
|
3270
CRA International
CRAI
$1.14B
| $3.03M | ﹤0.01% |
17,522
+9,184
| +110% | +$1.7M |
|
|
FBLA
3271
FB Bancorp
FBLA
$255M
| $3.03M | ﹤0.01% |
+269,489
| New | +$3.09M |
|
3272
Hawkins
HWKN
$2.82B
| $3.03M | ﹤0.01% |
28,610
-57,490
| -67% | -$6.32M |
|
3273
CALL
iShares MSCI Taiwan ETF
EWT
$10.6B
| $3.03M | ﹤0.01% |
63,800
+54,000
| +551% | +$2.78M |
|
|
3274
PUT
iShares MSCI Taiwan ETF
EWT
$10.6B
| $3.03M | ﹤0.01% |
63,800
+54,000
| +551% | +$2.78M |
|
3275
State Street SPDR S&P Insurance ETF
KIE
$640M
| $3.02M | ﹤0.01% |
49,963
-161,887
| -76% | -$9.41M |
|
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.