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 | |
|---|---|---|---|---|---|---|
4401
PUT
Rhythm Pharmaceuticals
RYTM
$6.81B
| $795K | ﹤0.01% |
+15,000
| New | +$832K |
|
4402
PUT
Virtu Financial
VIRT
$5.11B
| $793K | ﹤0.01% |
20,800
-129,200
| -86% | -$4.81M |
|
4403
CALL
Huntsman Corp
HUN
$1.71B
| $793K | ﹤0.01% |
+50,200
| New | +$853K |
|
4404
CALL
Tencent Music
TME
$15.5B
| $793K | ﹤0.01% |
55,000
-25,000
| -31% | -$312K |
|
4405
Pegasystems
PEGA
$5.02B
| $792K | ﹤0.01% |
22,796
-479,132
| -95% | -$21.2M |
|
4406
PUT
Box
BOX
$4.37B
| $790K | ﹤0.01% |
25,600
+16,800
| +191% | +$544K |
|
|
TIXT
4407
DELISTED
TELUS International
TIXT
| $788K | ﹤0.01% |
293,347
+249,854
| +574% | +$834K |
|
4408
Encore Capital Group
ECPG
$2.02B
| $788K | ﹤0.01% |
22,975
-14,700
| -39% | -$641K |
|
|
ITRG
4409
Integra Resources
ITRG
$424M
| $787K | ﹤0.01% |
632,589
+587,730
| +1,310% | +$639K |
|
4410
OptimizeRx
OPRX
$114M
| $785K | ﹤0.01% |
+90,606
| New | +$554K |
|
4411
PUT
Flex
FLEX
$41.7B
| $784K | ﹤0.01% |
+23,700
| New | +$929K |
|
4412
iShares US Regional Banks ETF
IAT
$674M
| $783K | ﹤0.01% |
16,786
+329
| +2% | +$16.5K |
|
4413
CALL
Healthpeak Properties
DOC
$15.1B
| $783K | ﹤0.01% |
+38,700
| New | +$783K |
|
|
NOTV
4414
DELISTED
Inotiv
NOTV
| $781K | ﹤0.01% |
353,178
+65,279
| +23% | +$239K |
|
4415
PCB Bancorp
PCB
$392M
| $780K | ﹤0.01% |
41,715
+17,812
| +75% | +$344K |
|
4416
CALL
Ascendis Pharma A/S
ASND
$16B
| $779K | ﹤0.01% |
+5,000
| New | +$714K |
|
4417
Perimeter Solutions
PRM
$4.99B
| $779K | ﹤0.01% |
77,310
-68,537
| -47% | -$769K |
|
|
NNDM
4418
Nano Dimension
NNDM
$316M
| $778K | ﹤0.01% |
+489,405
| New | +$1.11M |
|
4419
Aldeyra Therapeutics
ALDX
$92.9M
| $777K | ﹤0.01% |
135,155
-26,771
| -17% | -$158K |
|
4420
Bank7 Corp
BSVN
$479M
| $775K | ﹤0.01% |
20,013
+11,650
| +139% | +$486K |
|
4421
PUT
Amcor
AMCR
$20.8B
| $774K | ﹤0.01% |
+15,960
| New | +$786K |
|
4422
Invesco S&P 500 Momentum ETF
SPMO
$21.1B
| $774K | ﹤0.01% |
+8,361
| New | +$818K |
|
4423
CBIZ
CBZ
$2.99B
| $773K | ﹤0.01% |
+10,194
| New | +$820K |
|
4424
Sprout Social
SPT
$516M
| $771K | ﹤0.01% |
35,041
-86,236
| -71% | -$2.51M |
|
4425
Citizens & Northern Corp
CZNC
$456M
| $770K | ﹤0.01% |
38,274
-2,430
| -6% | -$49.5K |
|
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.