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 | |
|---|---|---|---|---|---|---|
|
NNAVW
4651
CALL
DELISTED
NextNav Inc Warrant
NNAVW
| $534K | ﹤0.01% |
121,250
| – | – |
|
4652
Primis Financial Corp
FRST
$399M
| $532K | ﹤0.01% |
54,493
+7,918
| +17% | +$84.5K |
|
4653
Casey's General Stores
CASY
$32.2B
| $532K | ﹤0.01% |
1,226
-9,473
| -89% | -$3.88M |
|
4654
CALL
TotalEnergies
TTE
$195B
| $530K | ﹤0.01% |
8,200
-950,000
| -99% | -$57.3M |
|
|
ASRT
4655
DELISTED
Assertio
ASRT
| $529K | ﹤0.01% |
52,305
-21,114
| -29% | -$252K |
|
4656
CALL
Citizens Financial Group
CFG
$30.3B
| $529K | ﹤0.01% |
+12,900
| New | +$576K |
|
4657
Iovance Biotherapeutics
IOVA
$1.82B
| $527K | ﹤0.01% |
158,323
+82,829
| +110% | +$427K |
|
4658
Amplify Alternative Harvest ETF
MJ
$101M
| $526K | ﹤0.01% |
26,973
+8,585
| +47% | +$204K |
|
4659
PUT
Martin Marietta Materials
MLM
$31.5B
| $526K | ﹤0.01% |
1,100
-4,200
| -79% | -$2.13M |
|
4660
Seanergy Maritime Holdings
SHIP
$379M
| $526K | ﹤0.01% |
82,128
-488,202
| -86% | -$3.41M |
|
4661
CALL
SharkNinja
SN
$22.9B
| $525K | ﹤0.01% |
+6,300
| New | +$641K |
|
|
4662
PUT
SharkNinja
SN
$22.9B
| $525K | ﹤0.01% |
+6,300
| New | +$641K |
|
4663
CALL
Carpenter Technology
CRS
$25.8B
| $525K | ﹤0.01% |
+2,900
| New | +$559K |
|
4664
PUT
MasTec
MTZ
$21.1B
| $525K | ﹤0.01% |
4,500
+300
| +7% | +$40.5K |
|
4665
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $525K | ﹤0.01% |
6,709
-5,446
| -45% | -$423K |
|
4666
Sagimet Biosciences
SGMT
$439M
| $525K | ﹤0.01% |
160,912
-532,335
| -77% | -$2.23M |
|
4667
PUT
Saia
SAIA
$9.27B
| $524K | ﹤0.01% |
1,500
-3,900
| -72% | -$1.7M |
|
4668
iShares MSCI EAFE Growth ETF
EFG
$16.6B
| $522K | ﹤0.01% |
+5,222
| New | +$532K |
|
|
NLOP
4669
Net Lease Office Properties
NLOP
$173M
| $522K | ﹤0.01% |
16,619
-103,589
| -86% | -$3.25M |
|
|
BRW
4670
Saba Capital Income & Opportunities Fund
BRW
$336M
| $520K | ﹤0.01% |
+67,035
| New | +$523K |
|
4671
TriCo Bancshares
TCBK
$1.84B
| $518K | ﹤0.01% |
12,957
-27,502
| -68% | -$1.18M |
|
|
MBAVU
4672
DELISTED
M3-Brigade Acquisition V Corp Units
MBAVU
| $518K | ﹤0.01% |
50,000
| – | – |
|
4673
CALL
Playtika
PLTK
$1.52B
| $517K | ﹤0.01% |
+100,000
| New | +$627K |
|
|
NVMI
4674
CALL
Nova
NVMI
$12.4B
| $516K | ﹤0.01% |
2,800
-14,800
| -84% | -$3.42M |
|
4675
CALL
Ventas
VTR
$48B
| $516K | ﹤0.01% |
7,500
-29,300
| -80% | -$1.87M |
|
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.