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 | |
|---|---|---|---|---|---|---|
3301
Gossamer Bio
GOSS
$88.2M
| $2.95M | ﹤0.01% |
2,678,036
-908,031
| -25% | -$1.05M |
|
3302
Myomo
MYO
$41M
| $2.94M | ﹤0.01% |
611,769
+490,608
| +405% | +$2.8M |
|
3303
PUT
AerCap
AER
$24.5B
| $2.94M | ﹤0.01% |
+28,800
| New | +$2.85M |
|
3304
CALL
Axsome Therapeutics
AXSM
$10.9B
| $2.94M | ﹤0.01% |
25,200
+12,500
| +98% | +$1.42M |
|
|
DVAX
3305
DELISTED
Dynavax Technologies
DVAX
| $2.94M | ﹤0.01% |
226,515
+44,274
| +24% | +$586K |
|
|
BNY
3306
CALL
Bank of New York Mellon
BNY
$108B
| $2.94M | ﹤0.01% |
35,000
-59,600
| -63% | -$5.01M |
|
3307
Gibraltar Industries
ROCK
$1.66B
| $2.94M | ﹤0.01% |
50,036
-101,822
| -67% | -$6.33M |
|
3308
PUT
Shift4
FOUR
$4.28B
| $2.93M | ﹤0.01% |
+35,900
| New | +$3.7M |
|
3309
CALL
DTE Energy
DTE
$29B
| $2.93M | ﹤0.01% |
21,200
+9,600
| +83% | +$1.22M |
|
3310
Palomar
PLMR
$3.58B
| $2.92M | ﹤0.01% |
21,328
-8
| -0% | -$948 |
|
3311
LifeVantage
LFVN
$83.3M
| $2.92M | ﹤0.01% |
200,504
+167,781
| +513% | +$3.16M |
|
3312
Applied Digital
APLD
$8.71B
| $2.92M | ﹤0.01% |
520,158
-5,092,834
| -91% | -$40M |
|
3313
Televisa
TV
$1.45B
| $2.92M | ﹤0.01% |
1,670,363
+1,313,739
| +368% | +$2.48M |
|
3314
ArriVent BioPharma
AVBP
$1.46B
| $2.92M | ﹤0.01% |
158,058
+105,513
| +201% | +$2.58M |
|
|
INGM
3315
Ingram Micro Holding
INGM
$6.69B
| $2.92M | ﹤0.01% |
164,514
-229,915
| -58% | -$4.9M |
|
|
HI
3316
DELISTED
Hillenbrand
HI
| $2.92M | ﹤0.01% |
120,865
-341,067
| -74% | -$10.4M |
|
3317
Anavex Life Sciences
AVXL
$290M
| $2.92M | ﹤0.01% |
340,019
+132,241
| +64% | +$1.25M |
|
3318
Campbell Soup
CPB
$6.8B
| $2.92M | ﹤0.01% |
73,070
-271,963
| -79% | -$10.7M |
|
3319
Liberty Live Group Series A
LLYVA
$9.21B
| $2.91M | ﹤0.01% |
43,320
-1,293
| -3% | -$90.2K |
|
3320
Waters Corp
WAT
$39.3B
| $2.91M | ﹤0.01% |
7,903
-296,501
| -97% | -$115M |
|
3321
Pricesmart
PSMT
$5.91B
| $2.9M | ﹤0.01% |
33,032
-90,012
| -73% | -$8.02M |
|
|
CRON
3322
Cronos Group
CRON
$1.01B
| $2.9M | ﹤0.01% |
1,603,241
+762,867
| +91% | +$1.47M |
|
3323
CALL
VeriSign
VRSN
$26.7B
| $2.89M | ﹤0.01% |
+11,400
| New | +$2.59M |
|
3324
PUT
Shake Shack
SHAK
$2.9B
| $2.89M | ﹤0.01% |
32,800
-69,900
| -68% | -$7.59M |
|
3325
Sabesp
SBS
$19.2B
| $2.89M | ﹤0.01% |
834,294
+60,702
| +8% | +$193K |
|
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.