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 | |
|---|---|---|---|---|---|---|
3926
Mayville Engineering Co
MEC
$677M
| $1.51M | ﹤0.01% |
112,350
+82,006
| +270% | +$1.23M |
|
|
AVDX
3927
DELISTED
AvidXchange
AVDX
| $1.51M | ﹤0.01% |
177,560
-235,688
| -57% | -$2.18M |
|
3928
CALL
Bunge Global
BG
$20.2B
| $1.51M | ﹤0.01% |
+19,700
| New | +$1.47M |
|
3929
German American Bancorp
GABC
$1.92B
| $1.5M | ﹤0.01% |
40,126
+24,610
| +159% | +$969K |
|
3930
MetroCity Bankshares
MCBS
$1.02B
| $1.5M | ﹤0.01% |
54,530
+8,786
| +19% | +$263K |
|
3931
PUT
Williams-Sonoma
WSM
$28.2B
| $1.5M | ﹤0.01% |
9,500
-7,900
| -45% | -$1.53M |
|
3932
PUT
Ameriprise Financial
AMP
$48.8B
| $1.5M | ﹤0.01% |
3,100
-2,300
| -43% | -$1.21M |
|
3933
PUT
Toast
TOST
$19B
| $1.5M | ﹤0.01% |
45,100
-308,800
| -87% | -$11.6M |
|
|
3934
CALL
Toast
TOST
$19B
| $1.49M | ﹤0.01% |
45,000
-17,400
| -28% | -$652K |
|
|
DYNC
3935
Dynamix Corp
DYNC
$240M
| $1.49M | ﹤0.01% |
+150,000
| New | +$1.48M |
|
3936
CALL
RadNet
RDNT
$5.25B
| $1.49M | ﹤0.01% |
+30,000
| New | +$1.77M |
|
3937
Kewaunee Scientific
KEQU
$107M
| $1.49M | ﹤0.01% |
+37,858
| New | +$2.12M |
|
3938
Aegon
AEG
$14B
| $1.49M | ﹤0.01% |
226,161
-299,548
| -57% | -$1.92M |
|
3939
CALL
Organon & Co
OGN
$3.56B
| $1.49M | ﹤0.01% |
100,000
-350,000
| -78% | -$5.38M |
|
3940
Atmos Energy
ATO
$28.9B
| $1.49M | ﹤0.01% |
9,624
-32,417
| -77% | -$4.73M |
|
3941
CALL
Seagate
STX
$189B
| $1.49M | ﹤0.01% |
17,500
-20,000
| -53% | -$1.89M |
|
3942
CALL
First Citizens BancShares
FCNCA
$25.3B
| $1.48M | ﹤0.01% |
+800
| New | +$1.63M |
|
3943
Graham Holdings Company
GHC
$5.14B
| $1.48M | ﹤0.01% |
1,540
-4,351
| -74% | -$4.05M |
|
3944
Angi Inc
ANGI
$240M
| $1.48M | ﹤0.01% |
96,016
+41,356
| +76% | +$704K |
|
|
CCRN
3945
DELISTED
Cross Country Healthcare
CCRN
| $1.48M | ﹤0.01% |
99,354
-306,246
| -76% | -$5.26M |
|
3946
Planet Labs
PL
$7.67B
| $1.48M | ﹤0.01% |
437,537
+329,110
| +304% | +$1.54M |
|
3947
LiveRamp
RAMP
$2.3B
| $1.48M | ﹤0.01% |
56,574
-129,673
| -70% | -$3.97M |
|
|
RPT
3948
Rithm Property Trust
RPT
$95.1M
| $1.48M | ﹤0.01% |
85,846
+77,167
| +889% | +$1.4M |
|
|
GMS
3949
DELISTED
GMS Inc
GMS
| $1.47M | ﹤0.01% |
20,140
-47,121
| -70% | -$3.75M |
|
|
PSIX
3950
Power Solutions International
PSIX
$663M
| $1.47M | ﹤0.01% |
+58,200
| New | +$2.01M |
|
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.