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 | |
|---|---|---|---|---|---|---|
|
PKST
4451
DELISTED
Peakstone Realty Trust
PKST
| $746K | ﹤0.01% |
59,192
-38,624
| -39% | -$438K |
|
4452
CALL
HubSpot
HUBS
$12.2B
| $743K | ﹤0.01% |
1,300
-4,300
| -77% | -$3.02M |
|
4453
Bluerock Homes Trust
BHM
$35.3M
| $740K | ﹤0.01% |
65,087
-5,663
| -8% | -$67.7K |
|
4454
PUT
Blackstone Mortgage Trust
BXMT
$2.45B
| $740K | ﹤0.01% |
+37,000
| New | +$715K |
|
4455
N-able
NABL
$882M
| $740K | ﹤0.01% |
104,362
-687,509
| -87% | -$6.12M |
|
4456
China Yuchai International
CYD
$1.77B
| $738K | ﹤0.01% |
43,448
-3,815
| -8% | -$58.5K |
|
4457
TriSalus Life Sciences
TLSI
$279M
| $736K | ﹤0.01% |
133,380
+52,842
| +66% | +$281K |
|
4458
Kimco Realty
KIM
$17.2B
| $736K | ﹤0.01% |
34,645
-955,056
| -96% | -$20.8M |
|
4459
PUT
Blue Owl Capital
OWL
$6.96B
| $735K | ﹤0.01% |
36,700
-42,000
| -53% | -$944K |
|
|
NXXT
4460
NextNRG Inc
NXXT
$45.6M
| $735K | ﹤0.01% |
+232,608
| New | +$742K |
|
4461
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $735K | ﹤0.01% |
28,554
+12,320
| +76% | +$336K |
|
4462
Enel Chile
ENIC
$6.14B
| $734K | ﹤0.01% |
224,467
-445,296
| -66% | -$1.43M |
|
4463
QuidelOrtho
QDEL
$1.14B
| $734K | ﹤0.01% |
20,978
-1,068,850
| -98% | -$43.6M |
|
|
IVAC
4464
DELISTED
Intevac Inc
IVAC
| $732K | ﹤0.01% |
183,223
+23,130
| +14% | +$87.1K |
|
|
DOCU
4465
DocuSign
DOCU
$10.5B
| $732K | ﹤0.01% |
8,988
-89,250
| -91% | -$7.82M |
|
|
TDAY
4466
USA Today Co
TDAY
$1.27B
| $730K | ﹤0.01% |
252,641
-145,783
| -37% | -$610K |
|
4467
Sundial Growers
SNDL
$320M
| $727K | ﹤0.01% |
515,823
+324,908
| +170% | +$552K |
|
4468
Genie Energy
GNE
$367M
| $727K | ﹤0.01% |
48,322
-6,087
| -11% | -$88.8K |
|
4469
Safe Bulkers
SB
$795M
| $719K | ﹤0.01% |
194,753
-93,788
| -33% | -$342K |
|
4470
Neumora Therapeutics
NMRA
$298M
| $718K | ﹤0.01% |
718,326
+460,896
| +179% | +$789K |
|
4471
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $718K | ﹤0.01% |
12,226
-20,761
| -63% | -$1.21M |
|
4472
Townsquare Media
TSQ
$106M
| $717K | ﹤0.01% |
88,128
-4,429
| -5% | -$38.5K |
|
4473
Portillo's
PTLO
$331M
| $716K | ﹤0.01% |
+60,230
| New | +$783K |
|
4474
Credit Acceptance
CACC
$5.95B
| $716K | ﹤0.01% |
1,386
-42,040
| -97% | -$20.8M |
|
4475
Wolverine World Wide
WWW
$1.61B
| $715K | ﹤0.01% |
+51,405
| New | +$938K |
|
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.