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 | |
|---|---|---|---|---|---|---|
4601
Stratasys
SSYS
$679M
| $578K | ﹤0.01% |
59,086
-31,629
| -35% | -$325K |
|
4602
Champions Oncology
CSBR
$74.5M
| $578K | ﹤0.01% |
66,613
+55,672
| +509% | +$564K |
|
4603
Compugen
CGEN
$222M
| $576K | ﹤0.01% |
394,445
+35,048
| +10% | +$68.4K |
|
4604
First Community Bankshares
FCBC
$900M
| $574K | ﹤0.01% |
+15,240
| New | +$621K |
|
|
TOYO
4605
TOYO Co
TOYO
$220M
| $574K | ﹤0.01% |
191,956
-9,314
| -5% | -$29.2K |
|
4606
USCB Financial Holdings
USCB
$406M
| $574K | ﹤0.01% |
30,914
-31,219
| -50% | -$582K |
|
4607
PUT
Invesco
IVZ
$13.1B
| $573K | ﹤0.01% |
37,800
-982,800
| -96% | -$16.8M |
|
|
MGIC
4608
DELISTED
Magic Software Enterprises
MGIC
| $573K | ﹤0.01% |
44,098
+15,499
| +54% | +$198K |
|
4609
iShares Select Dividend ETF
DVY
$23.5B
| $571K | ﹤0.01% |
+4,253
| New | +$570K |
|
4610
Schwab US Large- Cap ETF
SCHX
$71.8B
| $570K | ﹤0.01% |
25,821
+11,208
| +77% | +$261K |
|
|
ORGN
4611
DELISTED
Origin Materials
ORGN
| $569K | ﹤0.01% |
28,573
-38,798
| -58% | -$1.07M |
|
4612
Enbridge
ENB
$119B
| $568K | ﹤0.01% |
+12,827
| New | +$558K |
|
4613
Holley
HLLY
$321M
| $568K | ﹤0.01% |
221,063
+22,471
| +11% | +$63K |
|
4614
CALL
Geron
GERN
$828M
| $566K | ﹤0.01% |
+355,700
| New | +$866K |
|
|
MCHPP
4615
Microchip Technology Inc 7.50% Series A Preferred Stock
MCHPP
| $565K | ﹤0.01% |
+11,503
| New | +$583K |
|
|
FISV
4616
Fiserv Inc
FISV
$28.8B
| $562K | ﹤0.01% |
2,546
-147,442
| -98% | -$32.3M |
|
4617
PUT
Arbor Realty Trust
ABR
$964M
| $560K | ﹤0.01% |
47,700
-1,099,800
| -96% | -$14.2M |
|
4618
Elbit Systems
ESLT
$37.9B
| $560K | ﹤0.01% |
1,460
+382
| +35% | +$124K |
|
4619
PUT
Hormel Foods
HRL
$13.8B
| $560K | ﹤0.01% |
+18,100
| New | +$538K |
|
4620
Bakkt Inc
BKKT
$321M
| $560K | ﹤0.01% |
64,585
+54,109
| +517% | +$924K |
|
4621
FormFactor
FORM
$8.28B
| $558K | ﹤0.01% |
+19,737
| New | +$726K |
|
4622
Paramount Gold Nevada
PZG
$96.1M
| $558K | ﹤0.01% |
1,508,006
-84,533
| -5% | -$31.2K |
|
4623
Sabre
SABR
$731M
| $556K | ﹤0.01% |
198,024
+154,159
| +351% | +$546K |
|
|
ORKA
4624
Oruka Therapeutics
ORKA
$5.82B
| $555K | ﹤0.01% |
54,126
+23,821
| +79% | +$297K |
|
|
ACH
4625
Accendra Health
ACH
$237M
| $555K | ﹤0.01% |
61,482
+1,960
| +3% | +$20.7K |
|
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.