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 | |
|---|---|---|---|---|---|---|
4751
ACNB Corp
ACNB
$656M
| $458K | ﹤0.01% |
11,134
+3,507
| +46% | +$142K |
|
4752
Sutro Biopharma
STRO
$401M
| $457K | ﹤0.01% |
70,316
+29,754
| +73% | +$469K |
|
4753
CALL
WIX.com
WIX
$2.3B
| $457K | ﹤0.01% |
+2,800
| New | +$582K |
|
4754
CALL
Cameco
CCJ
$37.6B
| $457K | ﹤0.01% |
11,100
-239,100
| -96% | -$11.3M |
|
4755
Rentokil
RTO
$11.8B
| $457K | ﹤0.01% |
19,939
-24,423
| -55% | -$589K |
|
4756
iShares Expanded Tech-Software Sector ETF
IGV
$12.7B
| $453K | ﹤0.01% |
5,089
-35,606
| -87% | -$3.52M |
|
4757
Atlanticus Holdings
ATLC
$1.59B
| $452K | ﹤0.01% |
8,843
-8,848
| -50% | -$483K |
|
|
EM
4758
DELISTED
Smart Share Global Ltd
EM
| $451K | ﹤0.01% |
+402,506
| New | +$444K |
|
4759
CALL
AvalonBay Communities
AVB
$26.5B
| $451K | ﹤0.01% |
2,100
-1,500
| -42% | -$326K |
|
4760
Affinity Bancshares
AFBI
$140M
| $450K | ﹤0.01% |
+25,335
| New | +$466K |
|
4761
PUT
Dentsply Sirona
XRAY
$2.68B
| $448K | ﹤0.01% |
30,000
+10,000
| +50% | +$177K |
|
|
CBNA
4762
Chain Bridge Bancorp
CBNA
$299M
| $448K | ﹤0.01% |
+18,841
| New | +$452K |
|
4763
PUT
Uranium Energy
UEC
$4.75B
| $448K | ﹤0.01% |
+93,700
| New | +$588K |
|
4764
PUT
Brinker International
EAT
$9.17B
| $447K | ﹤0.01% |
+3,000
| New | +$461K |
|
4765
Scorpio Tankers
STNG
$3.9B
| $447K | ﹤0.01% |
11,895
-8,904
| -43% | -$399K |
|
4766
National Presto Industries
NPK
$870M
| $446K | ﹤0.01% |
5,072
-11,287
| -69% | -$1.08M |
|
|
RYZ
4767
Ryerson Holding Corp
RYZ
$1.44B
| $445K | ﹤0.01% |
19,369
-38,231
| -66% | -$856K |
|
4768
PUT
Prospect Capital
PSEC
$1.07B
| $444K | ﹤0.01% |
108,400
-393,400
| -78% | -$1.69M |
|
4769
PUT
Flutter Entertainment
FLUT
$18.1B
| $443K | ﹤0.01% |
+2,000
| New | +$518K |
|
|
RNAM
4770
PUT
DELISTED
Avidity Biosciences
RNAM
| $443K | ﹤0.01% |
+15,000
| New | +$467K |
|
|
HIMX
4771
Himax Technologies
HIMX
$2.19B
| $442K | ﹤0.01% |
60,197
-63,778
| -51% | -$590K |
|
4772
PUT
Academy Sports + Outdoors
ASO
$2.94B
| $442K | ﹤0.01% |
+9,700
| New | +$498K |
|
4773
PUT
Fox Class A
FOXA
$24.5B
| $441K | ﹤0.01% |
+7,800
| New | +$413K |
|
4774
BlackRock Floating Rate Income Trust
BGT
$323M
| $441K | ﹤0.01% |
+35,532
| New | +$449K |
|
|
KLG
4775
DELISTED
WK Kellogg Co
KLG
| $441K | ﹤0.01% |
+22,104
| New | +$403K |
|
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.