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 | |
|---|---|---|---|---|---|---|
|
SRG
4551
Seritage Growth Properties
SRG
$136M
| $637K | ﹤0.01% |
197,172
-12,976
| -6% | -$47.5K |
|
|
ACRE
4552
Ares Commercial Real Estate
ACRE
$236M
| $634K | ﹤0.01% |
136,858
-180,111
| -57% | -$953K |
|
4553
Conduent
CNDT
$244M
| $632K | ﹤0.01% |
234,245
-678,220
| -74% | -$2.48M |
|
4554
Core Laboratories
CLB
$488M
| $632K | ﹤0.01% |
42,163
-23,453
| -36% | -$393K |
|
4555
Xencor
XNCR
$1.5B
| $632K | ﹤0.01% |
+59,383
| New | +$981K |
|
4556
Richtech Robotics
RR
$318M
| $632K | ﹤0.01% |
319,015
+245,818
| +336% | +$605K |
|
4557
Genelux
GNLX
$132M
| $631K | ﹤0.01% |
233,609
+83,099
| +55% | +$312K |
|
4558
PUT
New York Times
NYT
$12.1B
| $630K | ﹤0.01% |
+12,700
| New | +$638K |
|
4559
Tootsie Roll Industries
TR
$2.93B
| $628K | ﹤0.01% |
20,539
-89,103
| -81% | -$2.66M |
|
4560
Century Aluminum
CENX
$4.43B
| $627K | ﹤0.01% |
33,801
-423,927
| -93% | -$8.14M |
|
4561
Korea Electric Power
KEP
$15.3B
| $627K | ﹤0.01% |
84,615
-125,011
| -60% | -$923K |
|
|
CCIXU
4562
DELISTED
Churchill Capital Corp IX Unit
CCIXU
| $627K | ﹤0.01% |
57,693
-904,182
| -94% | -$9.67M |
|
|
LPRO
4563
DELISTED
Open Lending Corp
LPRO
| $626K | ﹤0.01% |
+226,935
| New | +$1.13M |
|
4564
PUT
HDFC Bank
HDB
$123B
| $625K | ﹤0.01% |
18,800
+9,600
| +104% | +$293K |
|
4565
Seneca Foods Class A
SENEA
$1.12B
| $623K | ﹤0.01% |
+6,996
| New | +$559K |
|
4566
Standex International
SXI
$3.59B
| $623K | ﹤0.01% |
3,859
+2,654
| +220% | +$487K |
|
4567
Xperi
XPER
$372M
| $615K | ﹤0.01% |
79,649
-210,507
| -73% | -$1.84M |
|
|
AISPW
4568
CALL
Airship AI Holdings Warrants
AISPW
$12.5M
| $614K | ﹤0.01% |
548,250
| – | – |
|
4569
Manchester United
MANU
$3.97B
| $611K | ﹤0.01% |
46,688
+35,290
| +310% | +$533K |
|
4570
VSE Corp
VSEC
$5.45B
| $611K | ﹤0.01% |
+5,092
| New | +$546K |
|
4571
Thryv Holdings
THRY
$180M
| $610K | ﹤0.01% |
47,620
-274,285
| -85% | -$4.55M |
|
4572
CALL
Signet Jewelers
SIG
$3.61B
| $610K | ﹤0.01% |
+10,500
| New | +$601K |
|
|
SAIL
4573
CALL
SailPoint Inc
SAIL
$9.51B
| $609K | ﹤0.01% |
+32,500
| New | +$708K |
|
4574
PUT
McCormick & Company Non-Voting
MKC
$13.7B
| $609K | ﹤0.01% |
+7,400
| New | +$580K |
|
4575
PUT
HSBC
HSBC
$365B
| $609K | ﹤0.01% |
10,600
-800
| -7% | -$43.7K |
|
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.