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 | |
|---|---|---|---|---|---|---|
|
LEGT
3751
DELISTED
Legato Merger Corp III
LEGT
| $1.84M | ﹤0.01% |
175,000
| – | – |
|
3752
PUT
Blackstone Secured Lending
BXSL
$5.53B
| $1.83M | ﹤0.01% |
56,600
+38,800
| +218% | +$1.28M |
|
3753
CALL
AB InBev
BUD
$167B
| $1.82M | ﹤0.01% |
+29,600
| New | +$1.62M |
|
3754
CareDx
CDNA
$2.44B
| $1.82M | ﹤0.01% |
102,609
-518,698
| -83% | -$11.2M |
|
3755
Clean Energy Fuels
CLNE
$412M
| $1.82M | ﹤0.01% |
1,174,206
+24,292
| +2% | +$61.7K |
|
3756
PUT
Macy's
M
$6.89B
| $1.82M | ﹤0.01% |
144,900
-24,000
| -14% | -$348K |
|
3757
NET Power
NPWR
$136M
| $1.82M | ﹤0.01% |
691,180
+296,796
| +75% | +$2.09M |
|
3758
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.4B
| $1.82M | ﹤0.01% |
+20,400
| New | +$2.01M |
|
3759
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$23.7B
| $1.81M | ﹤0.01% |
113,700
+33,700
| +42% | +$852K |
|
3760
XPEL
XPEL
$1.27B
| $1.81M | ﹤0.01% |
61,600
+36,574
| +146% | +$1.37M |
|
3761
Riot Platforms
RIOT
$8.15B
| $1.81M | ﹤0.01% |
+253,990
| New | +$2.63M |
|
3762
Yeti Holdings
YETI
$3.92B
| $1.81M | ﹤0.01% |
54,597
-228,203
| -81% | -$8.27M |
|
3763
CALL
Wingstop
WING
$3.31B
| $1.8M | ﹤0.01% |
+8,000
| New | +$2.08M |
|
3764
Sturm, Ruger & Co
RGR
$625M
| $1.8M | ﹤0.01% |
45,892
-52,210
| -53% | -$1.96M |
|
3765
Palladyne AI
PDYN
$283M
| $1.8M | ﹤0.01% |
306,608
+295,658
| +2,700% | +$2.4M |
|
3766
Unity Bancorp
UNTY
$603M
| $1.8M | ﹤0.01% |
44,206
+27,571
| +166% | +$1.25M |
|
3767
CytomX Therapeutics
CTMX
$723M
| $1.8M | ﹤0.01% |
2,826,276
-394,736
| -12% | -$306K |
|
|
ACR
3768
ACRES Commercial Realty
ACR
$108M
| $1.79M | ﹤0.01% |
+82,778
| New | +$1.62M |
|
3769
Utah Medical Products
UTMD
$230M
| $1.79M | ﹤0.01% |
32,008
-79
| -0.2% | -$4.73K |
|
|
USAS
3770
Americas Gold and Silver
USAS
$1.48B
| $1.79M | ﹤0.01% |
1,353,104
+205,656
| +18% | +$262K |
|
3771
CALL
Unilever
UL
$138B
| $1.79M | ﹤0.01% |
26,756
+17,245
| +181% | +$1.11M |
|
3772
CALL
New Fortress Energy
NFE
$99M
| $1.79M | ﹤0.01% |
215,600
+99,000
| +85% | +$1.22M |
|
3773
SOPHiA GENETICS
SOPH
$574M
| $1.79M | ﹤0.01% |
539,119
-159,515
| -23% | -$561K |
|
3774
CALL
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$91.2M
| $1.79M | ﹤0.01% |
125,000
| – | – |
|
|
OBE
3775
Obsidian Energy
OBE
$637M
| $1.79M | ﹤0.01% |
304,434
+2,068
| +0.7% | +$11.4K |
|
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.