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 | |
|---|---|---|---|---|---|---|
3726
PUT
Groupon
GRPN
$1.04B
| $1.88M | ﹤0.01% |
+100,000
| New | +$1.27M |
|
3727
Virco
VIRC
$96.1M
| $1.87M | ﹤0.01% |
198,202
-168,766
| -46% | -$1.76M |
|
3728
CALL
Powell Industries
POWL
$7.7B
| $1.87M | ﹤0.01% |
+33,000
| New | +$2.3M |
|
|
SION
3729
Sionna Therapeutics
SION
$2.25B
| $1.87M | ﹤0.01% |
+179,072
| New | +$2.93M |
|
3730
CarGurus
CARG
$3.34B
| $1.87M | ﹤0.01% |
64,201
-120,670
| -65% | -$4.23M |
|
3731
CALL
Uranium Energy
UEC
$5.2B
| $1.87M | ﹤0.01% |
+390,400
| New | +$2.45M |
|
3732
Peapack-Gladstone Financial
PGC
$827M
| $1.87M | ﹤0.01% |
65,708
+20,880
| +47% | +$656K |
|
3733
PUT
Ingersoll Rand
IR
$34.7B
| $1.86M | ﹤0.01% |
23,300
-3,900
| -14% | -$340K |
|
3734
PUT
Asana
ASAN
$2.02B
| $1.86M | ﹤0.01% |
+127,900
| New | +$2.43M |
|
|
HTB
3735
HomeTrust Bancshares
HTB
$871M
| $1.86M | ﹤0.01% |
54,239
+6,318
| +13% | +$223K |
|
3736
Talkspace
TALK
$863M
| $1.86M | ﹤0.01% |
725,439
-533,173
| -42% | -$1.66M |
|
3737
PUT
Principal Financial Group
PFG
$24.7B
| $1.86M | ﹤0.01% |
+22,000
| New | +$1.83M |
|
3738
CALL
Tractor Supply
TSCO
$17.4B
| $1.85M | ﹤0.01% |
33,600
+20,800
| +163% | +$1.14M |
|
|
HSAI
3739
CALL
Hesai Group
HSAI
$2.88B
| $1.85M | ﹤0.01% |
+125,000
| New | +$2.13M |
|
3740
Neurogene
NGNE
$686M
| $1.85M | ﹤0.01% |
+157,937
| New | +$2.74M |
|
3741
Capitol Federal Financial
CFFN
$1.13B
| $1.85M | ﹤0.01% |
329,768
-636,184
| -66% | -$3.71M |
|
3742
Liquidia Corp
LQDA
$7.86B
| $1.85M | ﹤0.01% |
125,121
+80,368
| +180% | +$1.17M |
|
|
VACHU
3743
DELISTED
Voyager Acquisition Corp Unit
VACHU
| $1.84M | ﹤0.01% |
180,000
| – | – |
|
3744
Gray Television
GTN
$441M
| $1.84M | ﹤0.01% |
426,732
-292,469
| -41% | -$1.15M |
|
3745
White Mountains Insurance
WTM
$5.25B
| $1.84M | ﹤0.01% |
956
-1,445
| -60% | -$2.72M |
|
3746
PUT
Riot Platforms
RIOT
$8.15B
| $1.84M | ﹤0.01% |
258,400
+76,500
| +42% | +$793K |
|
|
OLPX
3747
DELISTED
Olaplex Holdings
OLPX
| $1.84M | ﹤0.01% |
1,446,774
+316,515
| +28% | +$468K |
|
3748
PUT
Icon
ICLR
$12.1B
| $1.84M | ﹤0.01% |
10,500
-4,500
| -30% | -$872K |
|
3749
PUT
BJs Wholesale Club
BJ
$12.3B
| $1.84M | ﹤0.01% |
16,100
-6,000
| -27% | -$618K |
|
3750
CALL
Bloom Energy
BE
$67.2B
| $1.84M | ﹤0.01% |
93,400
+73,700
| +374% | +$1.76M |
|
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.