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 | |
|---|---|---|---|---|---|---|
|
EWCZ
3276
DELISTED
European Wax Center
EWCZ
| $3.02M | ﹤0.01% |
765,261
+664,604
| +660% | +$3.96M |
|
3277
V2X
VVX
$2.47B
| $3.02M | ﹤0.01% |
61,565
+28,106
| +84% | +$1.38M |
|
|
CBL
3278
CBL Properties
CBL
$1.76B
| $3.02M | ﹤0.01% |
113,599
-100,526
| -47% | -$2.95M |
|
3279
CALL
KE Holdings
BEKE
$18.6B
| $3.02M | ﹤0.01% |
150,100
+40,900
| +37% | +$810K |
|
3280
PUT
Cboe Global Markets
CBOE
$30.1B
| $3.01M | ﹤0.01% |
13,300
+11,500
| +639% | +$2.39M |
|
|
LOGC
3281
DELISTED
ContextLogic
LOGC
| $3.01M | ﹤0.01% |
430,922
+268,338
| +165% | +$2M |
|
3282
FinWise Bancorp
FINW
$192M
| $3.01M | ﹤0.01% |
171,647
+129,136
| +304% | +$2.31M |
|
3283
Plains GP Holdings
PAGP
$4.97B
| $3M | ﹤0.01% |
140,601
-25,333
| -15% | -$533K |
|
3284
Allegiant Air
ALGT
$2.91B
| $3M | ﹤0.01% |
58,115
+53,768
| +1,237% | +$4.32M |
|
|
NFBK
3285
DELISTED
Northfield Bancorp
NFBK
| $3M | ﹤0.01% |
275,042
-85,016
| -24% | -$978K |
|
3286
CALL
Blue Owl Capital
OWL
$7.78B
| $3M | ﹤0.01% |
+149,700
| New | +$3.37M |
|
3287
Northwest Natural Holdings
NWN
$2.07B
| $2.99M | ﹤0.01% |
70,093
+63,131
| +907% | +$2.57M |
|
3288
Corebridge Financial
CRBG
$14.9B
| $2.99M | ﹤0.01% |
94,827
-285,766
| -75% | -$9.25M |
|
3289
iShares MSCI EAFE Value ETF
EFV
$29.2B
| $2.98M | ﹤0.01% |
+50,493
| New | +$2.86M |
|
3290
CALL
ZTO Express
ZTO
$17.9B
| $2.98M | ﹤0.01% |
150,000
| – | – |
|
|
MOMO
3291
Hello Group
MOMO
$861M
| $2.97M | ﹤0.01% |
471,375
+296,839
| +170% | +$2.14M |
|
|
TRTX
3292
TPG RE Finance Trust
TRTX
$610M
| $2.97M | ﹤0.01% |
364,579
-688,895
| -65% | -$5.83M |
|
3293
Acco Brands
ACCO
$402M
| $2.97M | ﹤0.01% |
708,605
-823,855
| -54% | -$4.04M |
|
|
NXDR
3294
Nextdoor Holdings
NXDR
$946M
| $2.97M | ﹤0.01% |
1,939,449
-1,059,818
| -35% | -$2.37M |
|
3295
Albertsons Companies
ACI
$5.77B
| $2.96M | ﹤0.01% |
134,739
-6,761,716
| -98% | -$140M |
|
3296
Kamada
KMDA
$418M
| $2.96M | ﹤0.01% |
448,192
+130,288
| +41% | +$927K |
|
3297
Build-A-Bear
BBW
$438M
| $2.96M | ﹤0.01% |
79,613
+34,396
| +76% | +$1.37M |
|
3298
PUT
Main Street Capital
MAIN
$5.21B
| $2.96M | ﹤0.01% |
52,300
+47,200
| +925% | +$2.81M |
|
3299
Meridian
MRBK
$236M
| $2.95M | ﹤0.01% |
205,144
+152,900
| +293% | +$2.33M |
|
3300
CALL
American Water Works
AWK
$26.4B
| $2.95M | ﹤0.01% |
20,000
-3,000
| -13% | -$395K |
|
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.