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 | |
|---|---|---|---|---|---|---|
|
EFSI
3876
Eagle Financial Services Inc
EFSI
$220M
| $1.58M | ﹤0.01% |
+48,260
| New | +$1.58M |
|
3877
Heritage Financial
HFWA
$1.25B
| $1.58M | ﹤0.01% |
64,902
+30,283
| +87% | +$739K |
|
|
EBTC
3878
DELISTED
Enterprise Bancorp
EBTC
| $1.58M | ﹤0.01% |
40,503
+18,477
| +84% | +$757K |
|
3879
Oppenheimer Holdings
OPY
$1.27B
| $1.58M | ﹤0.01% |
26,423
-10,207
| -28% | -$660K |
|
|
MITT
3880
TPG Mortgage Investment Trust
MITT
$227M
| $1.57M | ﹤0.01% |
215,463
+108,667
| +102% | +$772K |
|
|
WRD
3881
WeRide Inc
WRD
$1.95B
| $1.57M | ﹤0.01% |
115,816
-87,042
| -43% | -$1.49M |
|
|
DOO
3882
Bombardier Recreational Products
DOO
$4.66B
| $1.57M | ﹤0.01% |
46,483
+30,144
| +184% | +$1.33M |
|
|
AAMI
3883
Acadian Asset Management
AAMI
$3.26B
| $1.57M | ﹤0.01% |
60,761
-57,376
| -49% | -$1.44M |
|
3884
Criteo S.A. Ordinary Shares
CRTO
$1.12B
| $1.57M | ﹤0.01% |
44,295
-52,063
| -54% | -$2.02M |
|
3885
American Well
AMWL
$172M
| $1.57M | ﹤0.01% |
199,014
+30,690
| +18% | +$292K |
|
3886
Zumiez
ZUMZ
$342M
| $1.57M | ﹤0.01% |
105,282
-123,891
| -54% | -$1.91M |
|
3887
Franklin Covey
FC
$246M
| $1.57M | ﹤0.01% |
56,682
-5,283
| -9% | -$175K |
|
3888
CB Financial Services
CBFV
$189M
| $1.57M | ﹤0.01% |
55,024
+44,492
| +422% | +$1.28M |
|
|
CCRD
3889
DELISTED
CoreCard
CCRD
| $1.56M | ﹤0.01% |
83,444
+22,342
| +37% | +$486K |
|
3890
CALL
Equinor
EQNR
$93.2B
| $1.56M | ﹤0.01% |
59,000
+29,200
| +98% | +$708K |
|
3891
PUT
Ascendis Pharma A/S
ASND
$16B
| $1.56M | ﹤0.01% |
+10,000
| New | +$1.43M |
|
3892
Nektar Therapeutics
NKTR
$2.47B
| $1.56M | ﹤0.01% |
152,587
-149,076
| -49% | -$1.95M |
|
3893
PUT
Tapestry
TPR
$31.6B
| $1.56M | ﹤0.01% |
22,100
-388,000
| -95% | -$29.4M |
|
3894
CVR Energy
CVI
$3.32B
| $1.56M | ﹤0.01% |
80,187
-205,913
| -72% | -$4.02M |
|
3895
Agios Pharmaceuticals
AGIO
$1.88B
| $1.56M | ﹤0.01% |
53,073
+30,877
| +139% | +$1.02M |
|
3896
CALL
Telus
TU
$14.6B
| $1.55M | ﹤0.01% |
75,000
-403,600
| -84% | -$5.92M |
|
3897
JetBlue
JBLU
$2.44B
| $1.55M | ﹤0.01% |
320,951
-94,100
| -23% | -$618K |
|
3898
International Paper
IP
$22.4B
| $1.55M | ﹤0.01% |
28,986
-4,997,038
| -99% | -$273M |
|
3899
AtaiBeckley Inc
ATAI
$2.65B
| $1.54M | ﹤0.01% |
1,135,752
+154,195
| +16% | +$259K |
|
3900
Asbury Automotive
ABG
$4.04B
| $1.54M | ﹤0.01% |
6,977
-13,110
| -65% | -$3.42M |
|
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.