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 | |
|---|---|---|---|---|---|---|
3976
CALL
Evolent Health
EVH
$353M
| $1.42M | ﹤0.01% |
+150,000
| New | +$1.52M |
|
3977
PUT
Mettler-Toledo International
MTD
$29B
| $1.42M | ﹤0.01% |
+1,200
| New | +$1.53M |
|
3978
CALL
HEICO Corp
HEI
$50.4B
| $1.42M | ﹤0.01% |
5,300
| – | – |
|
3979
CALL
SolarEdge
SEDG
$2.74B
| $1.42M | ﹤0.01% |
+87,500
| New | +$1.36M |
|
3980
PDF Solutions
PDFS
$2.01B
| $1.41M | ﹤0.01% |
73,922
+57,507
| +350% | +$1.41M |
|
3981
Xometry
XMTR
$4.81B
| $1.41M | ﹤0.01% |
56,626
+35,995
| +174% | +$1.13M |
|
|
DADA
3982
DELISTED
Dada Nexus
DADA
| $1.4M | ﹤0.01% |
759,352
+670,689
| +756% | +$1.15M |
|
3983
Pulmonx
LUNG
$89.5M
| $1.4M | ﹤0.01% |
208,479
+25,410
| +14% | +$180K |
|
3984
Global X MSCI Argentina ETF
ARGT
$845M
| $1.4M | ﹤0.01% |
+17,358
| New | +$1.47M |
|
3985
PUT
Lightspeed Commerce
LSPD
$1.33B
| $1.4M | ﹤0.01% |
160,000
| – | – |
|
|
AHRT
3986
AH Realty Trust
AHRT
$527M
| $1.4M | ﹤0.01% |
186,266
-335,627
| -64% | -$3.05M |
|
3987
PUT
QuidelOrtho
QDEL
$1.21B
| $1.4M | ﹤0.01% |
+40,000
| New | +$1.63M |
|
3988
GeneDx Holdings
WGS
$2.01B
| $1.4M | ﹤0.01% |
15,780
-43,023
| -73% | -$3.73M |
|
3989
Pulse Biosciences
PLSE
$2.61B
| $1.39M | ﹤0.01% |
+86,574
| New | +$1.61M |
|
3990
CALL
BJs Wholesale Club
BJ
$12.4B
| $1.39M | ﹤0.01% |
12,200
+9,100
| +294% | +$937K |
|
|
VLRS
3991
Controladora Vuela Compania de Aviacion
VLRS
$929M
| $1.39M | ﹤0.01% |
265,914
-737,118
| -73% | -$5.3M |
|
|
TGB
3992
Trekor Metals
TGB
$2.55B
| $1.39M | ﹤0.01% |
619,118
-555,335
| -47% | -$1.18M |
|
3993
PUT
Willis Towers Watson
WTW
$31.7B
| $1.39M | ﹤0.01% |
+4,100
| New | +$1.34M |
|
3994
Cricut
CRCT
$1.01B
| $1.38M | ﹤0.01% |
268,880
+21,573
| +9% | +$120K |
|
|
ESPR
3995
DELISTED
Esperion Therapeutics
ESPR
| $1.38M | ﹤0.01% |
961,035
+131,150
| +16% | +$242K |
|
3996
Manitowoc
MTW
$514M
| $1.38M | ﹤0.01% |
160,917
+81,996
| +104% | +$799K |
|
|
MPT
3997
Medical Properties Trust
MPT
$2.75B
| $1.38M | ﹤0.01% |
229,024
+77,261
| +51% | +$391K |
|
3998
CALL
Dropbox
DBX
$7.71B
| $1.38M | ﹤0.01% |
51,700
-75,100
| -59% | -$2.18M |
|
|
BRSP
3999
BrightSpire Capital
BRSP
$649M
| $1.37M | ﹤0.01% |
247,146
+115,403
| +88% | +$674K |
|
4000
LENSAR
LNSR
$66.1M
| $1.37M | ﹤0.01% |
+97,277
| New | +$1.12M |
|
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.