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 | |
|---|---|---|---|---|---|---|
4951
TScan Therapeutics
TCRX
$48.6M
| $319K | ﹤0.01% |
+231,175
| New | +$500K |
|
4952
PUT
Haemonetics
HAE
$3.89B
| $318K | ﹤0.01% |
+5,000
| New | +$340K |
|
4953
Global X Uranium ETF
URA
$5.42B
| $316K | ﹤0.01% |
13,790
-93,557
| -87% | -$2.49M |
|
4954
PUT
WEC Energy
WEC
$35.7B
| $316K | ﹤0.01% |
+2,900
| New | +$296K |
|
4955
Walker & Dunlop
WD
$1.71B
| $315K | ﹤0.01% |
3,694
-10,572
| -74% | -$946K |
|
4956
Avient
AVNT
$3.33B
| $315K | ﹤0.01% |
8,484
-24,716
| -74% | -$1.02M |
|
4957
PUT
Western Alliance Bancorporation
WAL
$8.79B
| $315K | ﹤0.01% |
4,100
-34,000
| -89% | -$2.86M |
|
4958
CALL
Entegris
ENTG
$18.1B
| $315K | ﹤0.01% |
3,600
-14,400
| -80% | -$1.45M |
|
4959
Core Molding Technologies
CMT
$202M
| $315K | ﹤0.01% |
+20,710
| New | +$297K |
|
|
PVBC
4960
DELISTED
Provident Bancorp
PVBC
| $315K | ﹤0.01% |
+27,397
| New | +$320K |
|
|
SLI
4961
Standard Lithium
SLI
$502M
| $314K | ﹤0.01% |
247,116
+237,014
| +2,346% | +$344K |
|
4962
Precision BioSciences
DTIL
$180M
| $313K | ﹤0.01% |
+65,586
| New | +$334K |
|
|
ONL
4963
Orion Office REIT
ONL
$150M
| $313K | ﹤0.01% |
146,184
+75,421
| +107% | +$263K |
|
|
ANNA
4964
AleAnna Inc
ANNA
$115M
| $313K | ﹤0.01% |
+41,522
| New | +$346K |
|
|
BGB
4965
Blackstone Strategic Credit 2027 Term Fund
BGB
$499M
| $312K | ﹤0.01% |
25,861
+5,631
| +28% | +$69.2K |
|
4966
Ormat Technologies
ORA
$6B
| $312K | ﹤0.01% |
+4,408
| New | +$299K |
|
4967
Hurco Companies Inc
HURC
$135M
| $312K | ﹤0.01% |
+20,104
| New | +$382K |
|
4968
Vanguard Morningstar Large-Cap ETF
VV
$52.4B
| $310K | ﹤0.01% |
1,207
+403
| +50% | +$109K |
|
4969
Plumas Bancorp
PLBC
$427M
| $309K | ﹤0.01% |
7,140
+1,322
| +23% | +$59.3K |
|
4970
CALL
Shake Shack
SHAK
$2.53B
| $309K | ﹤0.01% |
3,500
-131,100
| -97% | -$14.2M |
|
4971
PUT
CNX Resources
CNX
$5.3B
| $309K | ﹤0.01% |
+9,800
| New | +$295K |
|
|
CNR
4972
PUT
Core Natural Resources Inc
CNR
$4.02B
| $308K | ﹤0.01% |
+4,000
| New | +$338K |
|
|
LUCK
4973
Lucky Strike Entertainment
LUCK
$914M
| $308K | ﹤0.01% |
31,576
-277,221
| -90% | -$2.9M |
|
4974
PUT
AutoNation
AN
$7.11B
| $308K | ﹤0.01% |
+1,900
| New | +$339K |
|
|
DFS
4975
PUT
DELISTED
Discover Financial Services
DFS
| $307K | ﹤0.01% |
1,800
-146,200
| -99% | -$26.7M |
|
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.