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 | |
|---|---|---|---|---|---|---|
3376
Lightspeed Commerce
LSPD
$1.33B
| $2.71M | ﹤0.01% |
309,223
-78,139
| -20% | -$1.01M |
|
3377
PUT
XP
XP
$8.89B
| $2.7M | ﹤0.01% |
+196,400
| New | +$2.7M |
|
3378
Vishay Intertechnology
VSH
$5.43B
| $2.7M | ﹤0.01% |
169,774
-625,597
| -79% | -$10.7M |
|
3379
Vertex
VERX
$1.93B
| $2.7M | ﹤0.01% |
77,092
-215,402
| -74% | -$9.84M |
|
3380
Absci
ABSI
$1.43B
| $2.7M | ﹤0.01% |
1,075,126
+1,049,900
| +4,162% | +$3.85M |
|
3381
Idaho Strategic Resources
IDR
$518M
| $2.7M | ﹤0.01% |
188,533
+67,765
| +56% | +$833K |
|
3382
CALL
Hartford Financial Services
HIG
$39.2B
| $2.7M | ﹤0.01% |
21,800
-39,200
| -64% | -$4.49M |
|
3383
Oil States International
OIS
$499M
| $2.7M | ﹤0.01% |
523,664
+428,857
| +452% | +$2.25M |
|
3384
Halozyme
HALO
$9.9B
| $2.69M | ﹤0.01% |
42,234
-53,190
| -56% | -$3.09M |
|
3385
PUT
Mobileye
MBLY
$2.14B
| $2.68M | ﹤0.01% |
186,400
+160,600
| +622% | +$2.62M |
|
3386
TaskUs
TASK
$580M
| $2.68M | ﹤0.01% |
196,660
+69,984
| +55% | +$1.05M |
|
|
LTM
3387
LATAM Airlines Group S.A.
LTM
$16.6B
| $2.67M | ﹤0.01% |
85,232
+60,070
| +239% | +$1.83M |
|
3388
CALL
Dana Inc
DAN
$3.02B
| $2.67M | ﹤0.01% |
+200,000
| New | +$2.88M |
|
3389
Invesco Senior Loan ETF
BKLN
$6.8B
| $2.67M | ﹤0.01% |
128,751
+14,950
| +13% | +$314K |
|
3390
Jazz Pharmaceuticals
JAZZ
$16.3B
| $2.66M | ﹤0.01% |
21,447
-589,847
| -96% | -$76.9M |
|
3391
Westrock Coffee
WEST
$804M
| $2.66M | ﹤0.01% |
368,612
-220,838
| -37% | -$1.45M |
|
3392
iShares MSCI Australia ETF
EWA
$1.44B
| $2.66M | ﹤0.01% |
+113,500
| New | +$2.76M |
|
3393
CALL
Ferguson
FERG
$49.2B
| $2.66M | ﹤0.01% |
16,600
+14,100
| +564% | +$2.44M |
|
3394
Vodafone
VOD
$35.4B
| $2.66M | ﹤0.01% |
283,545
-591,967
| -68% | -$5.2M |
|
3395
Recursion Pharmaceuticals
RXRX
$1.68B
| $2.66M | ﹤0.01% |
502,108
+473,798
| +1,674% | +$3.45M |
|
3396
Zurn Elkay Water Solutions
ZWS
$8.78B
| $2.65M | ﹤0.01% |
80,396
+59,256
| +280% | +$2.13M |
|
3397
Bioventus
BVS
$1.01B
| $2.65M | ﹤0.01% |
289,158
-81,625
| -22% | -$815K |
|
|
GAMB
3398
DELISTED
Gambling.com
GAMB
| $2.63M | ﹤0.01% |
208,678
+156,203
| +298% | +$2.2M |
|
3399
PUT
Centene
CNC
$33.6B
| $2.63M | ﹤0.01% |
43,300
+7,100
| +20% | +$429K |
|
3400
Winmark
WINA
$1.28B
| $2.63M | ﹤0.01% |
8,268
+6,746
| +443% | +$2.4M |
|
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.