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 | |
|---|---|---|---|---|---|---|
3676
Camden National
CAC
$1.01B
| $1.99M | ﹤0.01% |
49,200
+31,209
| +173% | +$1.35M |
|
3677
KB Financial Group
KB
$42.1B
| $1.99M | ﹤0.01% |
+36,749
| New | +$2.12M |
|
3678
Cytek Biosciences
CTKB
$553M
| $1.99M | ﹤0.01% |
495,437
-308,486
| -38% | -$1.6M |
|
3679
CALL
ADMA Biologics
ADMA
$2.07B
| $1.98M | ﹤0.01% |
100,000
-50,000
| -33% | -$865K |
|
3680
Tecnoglass Holdings Inc.
TGLS
$2.05B
| $1.98M | ﹤0.01% |
27,670
+4,660
| +20% | +$346K |
|
3681
Solid Biosciences
SLDB
$849M
| $1.98M | ﹤0.01% |
534,564
-185,212
| -26% | -$793K |
|
3682
Power Integrations
POWI
$3.6B
| $1.97M | ﹤0.01% |
39,104
-190,659
| -83% | -$11.4M |
|
3683
Daktronics
DAKT
$1.04B
| $1.97M | ﹤0.01% |
+162,080
| New | +$2.45M |
|
3684
Kaltura
KLTR
$211M
| $1.96M | ﹤0.01% |
1,043,296
+327,541
| +46% | +$732K |
|
|
EXOD
3685
Exodus Movement Inc
EXOD
$163M
| $1.96M | ﹤0.01% |
+42,863
| New | +$1.9M |
|
|
BLDP
3686
Ballard Power Systems
BLDP
$826M
| $1.96M | ﹤0.01% |
1,780,598
-872,026
| -33% | -$1.23M |
|
|
DCBO
3687
Docebo
DCBO
$523M
| $1.95M | ﹤0.01% |
67,949
-10,667
| -14% | -$403K |
|
3688
Franklin Financial Services
FRAF
$287M
| $1.95M | ﹤0.01% |
+55,095
| New | +$1.92M |
|
3689
CALL
Peabody Energy
BTU
$2.72B
| $1.95M | ﹤0.01% |
144,100
-32,800
| -19% | -$528K |
|
3690
CALL
Cincinnati Financial
CINF
$27.5B
| $1.95M | ﹤0.01% |
13,200
+7,200
| +120% | +$1.01M |
|
3691
CALL
Summit Therapeutics
SMMT
$11B
| $1.95M | ﹤0.01% |
101,000
+86,000
| +573% | +$1.73M |
|
3692
National Healthcare
NHC
$3.25B
| $1.95M | ﹤0.01% |
20,984
+7,843
| +60% | +$760K |
|
|
UBFO
3693
DELISTED
United Security Bancshares
UBFO
| $1.95M | ﹤0.01% |
217,320
+170,307
| +362% | +$1.63M |
|
3694
CALL
RH
RH
$3.56B
| $1.95M | ﹤0.01% |
8,300
+7,100
| +592% | +$2.46M |
|
3695
Arteris
AIP
$1.48B
| $1.94M | ﹤0.01% |
280,737
+42,428
| +18% | +$406K |
|
3696
AbCellera Biologics
ABCL
$1.86B
| $1.94M | ﹤0.01% |
869,709
-613,006
| -41% | -$1.76M |
|
|
FLIC
3697
DELISTED
First of Long Island Corp
FLIC
| $1.94M | ﹤0.01% |
156,902
+1,987
| +1% | +$24.8K |
|
3698
Velocity Financial
VEL
$700M
| $1.94M | ﹤0.01% |
103,428
+77,980
| +306% | +$1.47M |
|
|
NVRO
3699
DELISTED
NEVRO CORP.
NVRO
| $1.93M | ﹤0.01% |
331,014
-52
| -0% | -$274 |
|
|
RERE
3700
ATRenew
RERE
$917M
| $1.93M | ﹤0.01% |
656,872
-2,636
| -0.4% | -$7.74K |
|
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.