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 | |
|---|---|---|---|---|---|---|
4351
CALL
SentinelOne
S
$6.75B
| $860K | ﹤0.01% |
47,300
+18,500
| +64% | +$401K |
|
|
PRTC
4352
DELISTED
PureTech Health
PRTC
| $860K | ﹤0.01% |
44,911
-353
| -0.8% | -$6.45K |
|
4353
Ascent Industries
ACNT
$140M
| $859K | ﹤0.01% |
67,870
+49,306
| +266% | +$571K |
|
4354
PUT
Old National Bancorp
ONB
$10.3B
| $856K | ﹤0.01% |
+40,400
| New | +$909K |
|
|
WCC
4355
CALL
WESCO International
WCC
$17.3B
| $854K | ﹤0.01% |
5,500
-8,200
| -60% | -$1.47M |
|
4356
PUT
LyondellBasell Industries
LYB
$19.8B
| $852K | ﹤0.01% |
12,100
-226,400
| -95% | -$17M |
|
4357
Perella Weinberg Partners
PWP
$1.23B
| $850K | ﹤0.01% |
46,207
-133,824
| -74% | -$3.04M |
|
4358
Chemung Financial Corp
CHMG
$397M
| $850K | ﹤0.01% |
17,871
+9,580
| +116% | +$470K |
|
4359
Andersons Inc
ANDE
$2.38B
| $849K | ﹤0.01% |
19,781
-184,751
| -90% | -$7.85M |
|
|
NYXH
4360
Nyxoah
NYXH
$144M
| $848K | ﹤0.01% |
121,499
-49,312
| -29% | -$502K |
|
4361
Choiceone Financial
COFS
$514M
| $848K | ﹤0.01% |
+29,459
| New | +$943K |
|
|
CIO
4362
DELISTED
City Office REIT
CIO
| $847K | ﹤0.01% |
163,227
-69,280
| -30% | -$356K |
|
4363
CALL
Mobileye
MBLY
$2.01B
| $846K | ﹤0.01% |
58,800
-25,800
| -30% | -$421K |
|
4364
PUT
Floor & Decor
FND
$6.07B
| $845K | ﹤0.01% |
10,500
+1,900
| +22% | +$179K |
|
4365
M-tron Industries
MPTI
$359M
| $843K | ﹤0.01% |
18,923
+11,962
| +172% | +$568K |
|
4366
SandRidge Energy
SD
$508M
| $841K | ﹤0.01% |
73,662
-97,780
| -57% | -$1.16M |
|
4367
i3 Verticals
IIIV
$422M
| $840K | ﹤0.01% |
34,041
-22,432
| -40% | -$568K |
|
4368
CALL
Guardant Health
GH
$21.8B
| $839K | ﹤0.01% |
+19,700
| New | +$850K |
|
4369
PUT
Public Storage
PSA
$61.6B
| $838K | ﹤0.01% |
2,800
-7,100
| -72% | -$2.12M |
|
4370
Carpenter Technology
CRS
$26.4B
| $836K | ﹤0.01% |
4,616
-331,086
| -99% | -$63.8M |
|
4371
Greenlight Captial
GLRE
$556M
| $832K | ﹤0.01% |
61,366
-34,435
| -36% | -$469K |
|
4372
Madrigal Pharmaceuticals
MDGL
$11B
| $830K | ﹤0.01% |
2,507
+1,193
| +91% | +$392K |
|
4373
PUT
Unilever
UL
$138B
| $828K | ﹤0.01% |
+12,356
| New | +$797K |
|
4374
PUT
Pan American Silver
PAAS
$18.1B
| $827K | ﹤0.01% |
32,000
-149,800
| -82% | -$3.58M |
|
|
HTT
4375
High Templar Tech Ltd
HTT
$391M
| $827K | ﹤0.01% |
+307,256
| New | +$869K |
|
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.