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 | |
|---|---|---|---|---|---|---|
3951
FS KKR Capital
FSK
$3.2B
| $1.47M | ﹤0.01% |
70,224
+18,182
| +35% | +$406K |
|
3952
Atlas Energy Solutions
AESI
$1.38B
| $1.47M | ﹤0.01% |
+82,368
| New | +$1.71M |
|
|
RVPH
3953
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $1.46M | ﹤0.01% |
76,716
-13,508
| -15% | -$425K |
|
3954
PUT
Wendy's
WEN
$1.47B
| $1.46M | ﹤0.01% |
100,000
-2,700
| -3% | -$40.6K |
|
3955
Skillsoft
SKIL
$72.7M
| $1.46M | ﹤0.01% |
75,971
+17,930
| +31% | +$467K |
|
|
KEEL
3956
Keel Infrastructure Corp
KEEL
$2.48B
| $1.46M | ﹤0.01% |
1,850,630
+1,314,586
| +245% | +$1.74M |
|
3957
CALL
Edgewise Therapeutics
EWTX
$4.82B
| $1.46M | ﹤0.01% |
66,200
+56,200
| +562% | +$1.47M |
|
|
HOUS
3958
DELISTED
Anywhere Real Estate
HOUS
| $1.45M | ﹤0.01% |
436,438
-929,656
| -68% | -$3.29M |
|
3959
CALL
Rocket Companies
RKT
$39.8B
| $1.45M | ﹤0.01% |
+120,400
| New | +$1.55M |
|
3960
PUT
Gen Digital
GEN
$16.9B
| $1.45M | ﹤0.01% |
+54,700
| New | +$1.5M |
|
3961
PepGen
PEPG
$133M
| $1.45M | ﹤0.01% |
1,033,018
+876,382
| +560% | +$1.8M |
|
3962
PUT
Kinross Gold
KGC
$28B
| $1.45M | ﹤0.01% |
114,900
-284,800
| -71% | -$3.2M |
|
3963
Epsilon Energy
EPSN
$169M
| $1.45M | ﹤0.01% |
+205,101
| New | +$1.34M |
|
3964
Larimar Therapeutics
LRMR
$427M
| $1.45M | ﹤0.01% |
673,012
+418,065
| +164% | +$1.32M |
|
3965
CALL
Ecolab
ECL
$79.8B
| $1.45M | ﹤0.01% |
5,700
-8,600
| -60% | -$2.17M |
|
3966
Inseego
INSG
$125M
| $1.44M | ﹤0.01% |
176,804
+144,593
| +449% | +$1.58M |
|
3967
CALL
Symbotic
SYM
$6.04B
| $1.44M | ﹤0.01% |
71,400
+8,400
| +13% | +$215K |
|
3968
CALL
United Rentals
URI
$71.4B
| $1.44M | ﹤0.01% |
2,300
-15,600
| -87% | -$10.7M |
|
3969
CALL
Incyte
INCY
$24.5B
| $1.44M | ﹤0.01% |
23,800
-22,400
| -48% | -$1.56M |
|
3970
TMC The Metals Company
TMC
$1.7B
| $1.44M | ﹤0.01% |
+834,399
| New | +$1.4M |
|
3971
Nu Skin
NUS
$258M
| $1.43M | ﹤0.01% |
197,052
-471,076
| -71% | -$3.42M |
|
3972
CALL
Burlington
BURL
$23B
| $1.43M | ﹤0.01% |
+6,000
| New | +$1.55M |
|
3973
Savers
SVV
$1.65B
| $1.43M | ﹤0.01% |
207,158
+185,100
| +839% | +$1.71M |
|
3974
Silgan Holdings
SLGN
$4.47B
| $1.43M | ﹤0.01% |
27,957
-984,687
| -97% | -$51.6M |
|
3975
Cullen/Frost Bankers
CFR
$10.5B
| $1.43M | ﹤0.01% |
11,393
-57,425
| -83% | -$7.72M |
|
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.