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 | |
|---|---|---|---|---|---|---|
4801
InfuSystem Holdings
INFU
$184M
| $413K | ﹤0.01% |
76,785
+366
| +0.5% | +$2.68K |
|
4802
ProShares UltraShort QQQ
QID
$282M
| $411K | ﹤0.01% |
+10,785
| New | +$358K |
|
|
PRSU
4803
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $410K | ﹤0.01% |
11,584
-8,858
| -43% | -$346K |
|
|
NBXG
4804
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.16B
| $410K | ﹤0.01% |
33,460
-5,905
| -15% | -$77.1K |
|
4805
Sierra Bancorp
BSRR
$528M
| $409K | ﹤0.01% |
14,659
-23,199
| -61% | -$686K |
|
|
SBT
4806
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $408K | ﹤0.01% |
+84,366
| New | +$399K |
|
4807
CALL
SoundHound AI
SOUN
$2.67B
| $406K | ﹤0.01% |
50,000
+15,000
| +43% | +$187K |
|
4808
American Coastal Insurance
ACIC
$515M
| $405K | ﹤0.01% |
34,982
-252,026
| -88% | -$3.07M |
|
|
PPL
4809
CALL
PPL Corp
PPL
$26.5B
| $404K | ﹤0.01% |
11,200
+4,300
| +62% | +$146K |
|
4810
Impinj
PI
$4.62B
| $404K | ﹤0.01% |
4,453
-65,905
| -94% | -$7.39M |
|
4811
PUT
Duolingo
DUOL
$6.28B
| $404K | ﹤0.01% |
+1,300
| New | +$445K |
|
4812
PUT
Cinemark Holdings
CNK
$4.24B
| $403K | ﹤0.01% |
16,200
| – | – |
|
4813
PUT
Southwest Airlines
LUV
$22B
| $403K | ﹤0.01% |
12,000
-144,400
| -92% | -$4.57M |
|
4814
Lifeway Foods
LWAY
$455M
| $402K | ﹤0.01% |
16,427
-4,803
| -23% | -$108K |
|
|
FAX
4815
DELISTED
abrdn Asia-Pacific Income Fund
FAX
| $402K | ﹤0.01% |
+25,580
| New | +$398K |
|
4816
PUT
Beyond Meat
BYND
$292M
| $401K | ﹤0.01% |
+131,600
| New | +$484K |
|
4817
PUT
Hecla Mining
HL
$9.47B
| $401K | ﹤0.01% |
72,100
-152,400
| -68% | -$846K |
|
4818
Parke Bancorp
PKBK
$401M
| $401K | ﹤0.01% |
21,258
+1,125
| +6% | +$21.9K |
|
4819
PUT
ICICI Bank
IBN
$108B
| $400K | ﹤0.01% |
12,700
-37,300
| -75% | -$1.08M |
|
|
RHLD
4820
Resolute Holdings Management
RHLD
$1.02B
| $399K | ﹤0.01% |
+12,723
| New | +$451K |
|
4821
Sana Biotechnology
SANA
$871M
| $398K | ﹤0.01% |
237,129
-491,772
| -67% | -$1.37M |
|
4822
LCNB Corp
LCNB
$282M
| $398K | ﹤0.01% |
+26,906
| New | +$404K |
|
4823
AC Immune
ACIU
$223M
| $398K | ﹤0.01% |
212,750
+93,710
| +79% | +$236K |
|
4824
United Parks & Resorts
PRKS
$2.1B
| $398K | ﹤0.01% |
8,749
-27,560
| -76% | -$1.42M |
|
4825
Simpson Manufacturing
SSD
$7.72B
| $398K | ﹤0.01% |
2,532
-19,757
| -89% | -$3.24M |
|
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.