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 | |
|---|---|---|---|---|---|---|
|
HES
4876
PUT
DELISTED
Hess
HES
| $367K | ﹤0.01% |
2,300
-489,000
| -100% | -$71.9M |
|
4877
CALL
Archer Aviation Redeemable Warrants
ACHR.WS
$18.3M
| $364K | ﹤0.01% |
202,466
| – | – |
|
4878
PUT
Kyndryl
KD
$2.99B
| $364K | ﹤0.01% |
+11,600
| New | +$435K |
|
4879
Medallion Financial
MFIN
$229M
| $363K | ﹤0.01% |
41,669
+9,099
| +28% | +$80.4K |
|
4880
Quanterix
QTRX
$164M
| $363K | ﹤0.01% |
55,713
-2,129,388
| -97% | -$17.8M |
|
4881
CALL
Qorvo
QRVO
$7.99B
| $362K | ﹤0.01% |
5,000
-5,000
| -50% | -$381K |
|
|
SMLR
4882
DELISTED
Semler Scientific
SMLR
| $362K | ﹤0.01% |
+10,001
| New | +$469K |
|
4883
Ring Energy
REI
$315M
| $362K | ﹤0.01% |
314,424
-768,208
| -71% | -$1M |
|
4884
CALL
Modine Manufacturing
MOD
$10.7B
| $361K | ﹤0.01% |
+4,700
| New | +$463K |
|
4885
Nature's Sunshine
NATR
$354M
| $361K | ﹤0.01% |
28,740
-48,703
| -63% | -$684K |
|
|
ACB
4886
Aurora Cannabis
ACB
$173M
| $360K | ﹤0.01% |
82,212
+66,381
| +419% | +$314K |
|
|
DRD
4887
DRDGold
DRD
$1.77B
| $359K | ﹤0.01% |
23,186
-30,483
| -57% | -$350K |
|
4888
Global X Silver Miners ETF NEW
SIL
$3.98B
| $356K | ﹤0.01% |
9,022
-71,210
| -89% | -$2.56M |
|
4889
PUT
Masco
MAS
$14.1B
| $355K | ﹤0.01% |
+5,100
| New | +$382K |
|
4890
PUT
Barclays
BCS
$92.7B
| $353K | ﹤0.01% |
+23,000
| New | +$344K |
|
4891
CALL
Evergy
EVRG
$19.1B
| $352K | ﹤0.01% |
5,100
-12,900
| -72% | -$844K |
|
4892
Greenfire Resources
GFR
$795M
| $352K | ﹤0.01% |
+59,893
| New | +$370K |
|
|
OCFT
4893
DELISTED
OneConnect Financial Technology
OCFT
| $351K | ﹤0.01% |
+52,449
| New | +$232K |
|
4894
PUT
Aptiv
APTV
$12B
| $351K | ﹤0.01% |
5,900
-16,100
| -73% | -$1.02M |
|
|
WW
4895
DELISTED
WW International
WW
| $349K | ﹤0.01% |
668,029
+580,088
| +660% | +$504K |
|
4896
Cadeler
CDLR
$2.19B
| $349K | ﹤0.01% |
17,739
-889
| -5% | -$17.9K |
|
4897
Garrett Motion
GTX
$5.81B
| $349K | ﹤0.01% |
41,663
-764,614
| -95% | -$7.09M |
|
4898
Center Bancorp
CNOB
$1.66B
| $349K | ﹤0.01% |
14,344
-7,596
| -35% | -$185K |
|
|
GOCO
4899
DELISTED
GoHealth
GOCO
| $348K | ﹤0.01% |
28,370
+17,597
| +163% | +$269K |
|
4900
Oak Valley Bancorp
OVLY
$285M
| $348K | ﹤0.01% |
+13,945
| New | +$364K |
|
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.