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 | |
|---|---|---|---|---|---|---|
4701
Consensus Cloud Solutions
CCSI
$670M
| $493K | ﹤0.01% |
21,377
-148,327
| -87% | -$3.82M |
|
|
AARD
4702
Aardvark Therapeutics
AARD
$144M
| $493K | ﹤0.01% |
+65,640
| New | +$737K |
|
|
NEWP
4703
New Pacific Metals
NEWP
$859M
| $492K | ﹤0.01% |
447,350
+20,844
| +5% | +$24.8K |
|
4704
TriplePoint Venture Growth BDC
TPVG
$184M
| $492K | ﹤0.01% |
70,468
-50,134
| -42% | -$383K |
|
4705
Petco
WOOF
$797M
| $492K | ﹤0.01% |
161,254
-5,867,290
| -97% | -$18.4M |
|
4706
Post Holdings
POST
$4.14B
| $491K | ﹤0.01% |
4,223
-26,770
| -86% | -$2.97M |
|
4707
AudioCodes
AUDC
$244M
| $490K | ﹤0.01% |
52,064
+39,482
| +314% | +$421K |
|
4708
Prospect Capital
PSEC
$1.07B
| $490K | ﹤0.01% |
119,402
-151,131
| -56% | -$650K |
|
4709
Global X Copper Miners ETF NEW
COPX
$7.29B
| $488K | ﹤0.01% |
12,502
-128,020
| -91% | -$5.12M |
|
4710
PUT
JB Hunt Transport Services
JBHT
$25.5B
| $488K | ﹤0.01% |
3,300
-800
| -20% | -$132K |
|
4711
Ranger Energy Services
RNGR
$376M
| $488K | ﹤0.01% |
34,387
+3,556
| +12% | +$57.6K |
|
4712
CALL
Builders FirstSource
BLDR
$7.15B
| $487K | ﹤0.01% |
3,900
-4,600
| -54% | -$669K |
|
|
AIOT
4713
PowerFleet Inc
AIOT
$526M
| $486K | ﹤0.01% |
88,558
-164,506
| -65% | -$1.05M |
|
4714
HF Foods Group
HFFG
$80.2M
| $486K | ﹤0.01% |
+99,206
| New | +$271K |
|
|
ATSG
4715
PUT
DELISTED
Air Transport Services Group
ATSG
| $485K | ﹤0.01% |
+21,600
| New | +$480K |
|
4716
PUT
Gentex
GNTX
$4.97B
| $485K | ﹤0.01% |
+20,800
| New | +$532K |
|
4717
Schwab US Mid-Cap ETF
SCHM
$14.5B
| $480K | ﹤0.01% |
18,337
-34,704
| -65% | -$966K |
|
4718
CALL
Yum China
YUMC
$16.5B
| $479K | ﹤0.01% |
+9,200
| New | +$441K |
|
4719
iShares MSCI South Africa ETF
EZA
$547M
| $479K | ﹤0.01% |
9,942
-21,372
| -68% | -$965K |
|
4720
PUT
Fidelity National Information Services
FIS
$23.1B
| $478K | ﹤0.01% |
6,400
-66,400
| -91% | -$4.99M |
|
4721
Mid Penn Bancorp
MPB
$971M
| $478K | ﹤0.01% |
+18,435
| New | +$519K |
|
4722
Vanguard ESG US Stock ETF
ESGV
$13.1B
| $477K | ﹤0.01% |
+4,870
| New | +$509K |
|
|
RSVR
4723
DELISTED
Reservoir Media
RSVR
| $476K | ﹤0.01% |
62,426
+10,232
| +20% | +$80.2K |
|
|
VOXX
4724
DELISTED
VOXX International Corporation Class A
VOXX
| $476K | ﹤0.01% |
63,452
-30,141
| -32% | -$224K |
|
4725
CALL
Valaris
VAL
$5.48B
| $475K | ﹤0.01% |
+12,100
| New | +$519K |
|
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.