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 | |
|---|---|---|---|---|---|---|
4076
CALL
JetBlue
JBLU
$2.35B
| $1.24M | ﹤0.01% |
257,200
+188,500
| +274% | +$1.24M |
|
4077
Hancock Whitney
HWC
$6.26B
| $1.24M | ﹤0.01% |
23,635
-402,723
| -94% | -$22.7M |
|
4078
CALL
Alexandria Real Estate Equities
ARE
$9.24B
| $1.24M | ﹤0.01% |
13,400
+10,800
| +415% | +$1.06M |
|
4079
PUT
Burlington
BURL
$23.2B
| $1.24M | ﹤0.01% |
5,200
+2,800
| +117% | +$726K |
|
4080
CALL
Genuine Parts
GPC
$17.7B
| $1.24M | ﹤0.01% |
10,400
-1,900
| -15% | -$229K |
|
|
GNTY
4081
DELISTED
Guaranty Bancshares
GNTY
| $1.23M | ﹤0.01% |
30,726
+10,028
| +48% | +$395K |
|
4082
CALL
C.H. Robinson
CHRW
$17.3B
| $1.23M | ﹤0.01% |
12,000
-7,300
| -38% | -$738K |
|
4083
PUT
Five Below
FIVE
$12B
| $1.23M | ﹤0.01% |
16,400
+7,600
| +86% | +$668K |
|
|
TBI
4084
Trueblue
TBI
$229M
| $1.23M | ﹤0.01% |
231,030
-210,632
| -48% | -$1.44M |
|
4085
CALL
Urban Outfitters
URBN
$6.65B
| $1.23M | ﹤0.01% |
+23,400
| New | +$1.28M |
|
4086
Knowles
KN
$3.2B
| $1.23M | ﹤0.01% |
80,656
+13,962
| +21% | +$250K |
|
4087
Simulations Plus
SLP
$370M
| $1.23M | ﹤0.01% |
49,979
+5,138
| +11% | +$156K |
|
4088
CALL
MasTec
MTZ
$21B
| $1.23M | ﹤0.01% |
+10,500
| New | +$1.42M |
|
|
AOMR
4089
Angel Oak Mortgage REIT
AOMR
$219M
| $1.22M | ﹤0.01% |
128,082
+25,861
| +25% | +$257K |
|
|
BAND
4090
Bandwidth Inc
BAND
$1.4B
| $1.22M | ﹤0.01% |
93,177
-43,265
| -32% | -$708K |
|
4091
CALL
Rubrik
RBRK
$15.4B
| $1.22M | ﹤0.01% |
+20,000
| New | +$1.37M |
|
4092
Arbutus Biopharma
ABUS
$861M
| $1.22M | ﹤0.01% |
348,220
+5,192
| +2% | +$17.3K |
|
|
AKRO
4093
PUT
DELISTED
Akero Therapeutics
AKRO
| $1.21M | ﹤0.01% |
+30,000
| New | +$1.27M |
|
4094
Diamondrock Hospitality Co
DRH
$2.74B
| $1.21M | ﹤0.01% |
156,482
-996,858
| -86% | -$8.42M |
|
4095
American Vanguard Corp
AVD
$70.4M
| $1.21M | ﹤0.01% |
274,397
-301,484
| -52% | -$1.54M |
|
4096
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $1.21M | ﹤0.01% |
45,400
-954,600
| -95% | -$25.3M |
|
|
4097
PUT
Urban Outfitters
URBN
$6.65B
| $1.21M | ﹤0.01% |
23,000
+3,200
| +16% | +$175K |
|
4098
Civista Bancshares
CIVB
$607M
| $1.2M | ﹤0.01% |
61,509
+11,197
| +22% | +$229K |
|
4099
PUT
Whirlpool
WHR
$2.54B
| $1.2M | ﹤0.01% |
+13,300
| New | +$1.41M |
|
4100
PUT
Elanco Animal Health
ELAN
$12.8B
| $1.2M | ﹤0.01% |
114,000
+84,000
| +280% | +$950K |
|
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.