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 | |
|---|---|---|---|---|---|---|
4301
Alpha Teknova
TKNO
$276M
| $916K | ﹤0.01% |
+176,566
| New | +$1.31M |
|
4302
Planet Fitness
PLNT
$4.48B
| $916K | ﹤0.01% |
9,482
-105,379
| -92% | -$10.6M |
|
4303
CALL
Las Vegas Sands
LVS
$30.3B
| $916K | ﹤0.01% |
23,700
-22,300
| -48% | -$985K |
|
|
CTO
4304
CTO Realty Growth
CTO
$827M
| $915K | ﹤0.01% |
47,364
-103,890
| -69% | -$2.02M |
|
4305
Inogen
INGN
$180M
| $911K | ﹤0.01% |
127,710
-15,943
| -11% | -$150K |
|
4306
First Business Financial Services
FBIZ
$599M
| $909K | ﹤0.01% |
19,288
+6,263
| +48% | +$309K |
|
4307
CALL
Tower Semiconductor
TSEM
$25.9B
| $909K | ﹤0.01% |
+25,500
| New | +$1.15M |
|
|
EH
4308
PUT
EHang Holdings
EH
$406M
| $909K | ﹤0.01% |
43,500
-6,500
| -13% | -$132K |
|
4309
PUT
Shell
SHEL
$254B
| $909K | ﹤0.01% |
12,400
-199,200
| -94% | -$13.4M |
|
4310
PUT
Klaviyo
KVYO
$5.49B
| $908K | ﹤0.01% |
+30,000
| New | +$1.21M |
|
4311
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $908K | ﹤0.01% |
24,227
-8,819
| -27% | -$319K |
|
4312
CALL
Crown Castle
CCI
$34.3B
| $907K | ﹤0.01% |
8,700
-45,400
| -84% | -$4.24M |
|
|
ILLR
4313
Triller Group Inc
ILLR
$21.1M
| $906K | ﹤0.01% |
116,157
+108,980
| +1,518% | +$1.64M |
|
4314
CALL
Sony
SONY
$133B
| $904K | ﹤0.01% |
35,600
+25,600
| +256% | +$592K |
|
4315
CALL
Mineralys Therapeutics
MLYS
$2.23B
| $904K | ﹤0.01% |
+56,900
| New | +$654K |
|
|
MFA
4316
MFA Financial
MFA
$933M
| $901K | ﹤0.01% |
87,844
+15,620
| +22% | +$164K |
|
4317
PUT
Galicia Financial Group
GGAL
$8.14B
| $899K | ﹤0.01% |
16,500
-21,400
| -56% | -$1.33M |
|
4318
CALL
Equinix
EQIX
$101B
| $897K | ﹤0.01% |
1,100
-5,500
| -83% | -$4.94M |
|
4319
WPP
WPP
$4.42B
| $895K | ﹤0.01% |
+23,582
| New | +$1.05M |
|
4320
Quad
QUAD
$549M
| $894K | ﹤0.01% |
164,111
+75,759
| +86% | +$481K |
|
4321
Gold Royalty Corp
GROY
$598M
| $892K | ﹤0.01% |
619,273
+157,662
| +34% | +$215K |
|
4322
Kura Sushi USA
KRUS
$573M
| $890K | ﹤0.01% |
17,385
-91,978
| -84% | -$6.49M |
|
4323
Brink's
BCO
$4.78B
| $890K | ﹤0.01% |
10,327
-13,468
| -57% | -$1.22M |
|
|
MREO
4324
Mereo BioPharma
MREO
$53.2M
| $887K | ﹤0.01% |
394,431
-3,571,001
| -90% | -$10.1M |
|
|
SKE
4325
Skeena Resources
SKE
$3.33B
| $887K | ﹤0.01% |
+87,906
| New | +$885K |
|
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.