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 | |
|---|---|---|---|---|---|---|
|
BANX
4976
ArrowMark Financial
BANX
$198M
| $305K | ﹤0.01% |
14,442
+3,900
| +37% | +$82.1K |
|
4977
Lucid Diagnostics
LUCD
$166M
| $304K | ﹤0.01% |
+204,047
| New | +$245K |
|
4978
ArcBest
ARCB
$3.23B
| $304K | ﹤0.01% |
4,307
-33,210
| -89% | -$2.88M |
|
|
PEO
4979
Adams Natural Resources Fund
PEO
$739M
| $304K | ﹤0.01% |
13,310
| – | – |
|
4980
CALL
APA Corp
APA
$13.2B
| $303K | ﹤0.01% |
14,400
-145,000
| -91% | -$3.19M |
|
4981
CALL
British American Tobacco
BTI
$131B
| $302K | ﹤0.01% |
+7,300
| New | +$287K |
|
4982
Oric Pharmaceuticals
ORIC
$1.15B
| $301K | ﹤0.01% |
53,983
+26,349
| +95% | +$230K |
|
4983
Grupo Aval
AVAL
$6.27B
| $301K | ﹤0.01% |
110,167
+41,470
| +60% | +$112K |
|
4984
CALL
Cogent Biosciences
COGT
$6.65B
| $300K | ﹤0.01% |
50,000
-50,000
| -50% | -$392K |
|
4985
Oxford Square Capital
OXSQ
$163M
| $298K | ﹤0.01% |
114,305
-28,030
| -20% | -$75.5K |
|
4986
CALL
Procore
PCOR
$8.26B
| $297K | ﹤0.01% |
+4,500
| New | +$340K |
|
4987
Enviri
NVRI
$623M
| $296K | ﹤0.01% |
44,481
+31,560
| +244% | +$248K |
|
4988
Mohawk Industries
MHK
$7.5B
| $295K | ﹤0.01% |
2,583
-895,739
| -100% | -$107M |
|
|
OPFI.WS
4989
CALL
DELISTED
OppFi Inc Warrants
OPFI.WS
| $295K | ﹤0.01% |
135,150
| – | – |
|
4990
First Trust Nasdaq Semiconductor ETF
FTXL
$2.09B
| $294K | ﹤0.01% |
3,889
-132,534
| -97% | -$11.4M |
|
4991
CALL
Tyson Foods
TSN
$20.4B
| $294K | ﹤0.01% |
+4,600
| New | +$270K |
|
4992
Vertical Aerospace
EVTL
$158M
| $293K | ﹤0.01% |
87,224
+54,200
| +164% | +$304K |
|
4993
NewAmsterdam Pharma
NAMS
$3.25B
| $293K | ﹤0.01% |
14,300
-479,930
| -97% | -$10.7M |
|
4994
Corsair Gaming
CRSR
$1.13B
| $291K | ﹤0.01% |
+32,874
| New | +$324K |
|
4995
CALL
Nextpower Inc
NXT
$13.6B
| $291K | ﹤0.01% |
+6,900
| New | +$307K |
|
4996
PUT
DaVita
DVA
$15.4B
| $291K | ﹤0.01% |
+1,900
| New | +$299K |
|
4997
CALL
Abercrombie & Fitch
ANF
$4.42B
| $290K | ﹤0.01% |
3,800
-700
| -16% | -$75.4K |
|
4998
TAT Technologies
TATT
$505M
| $290K | ﹤0.01% |
+10,551
| New | +$289K |
|
4999
flyExclusive
FLYX
$60.1M
| $289K | ﹤0.01% |
92,990
-26,020
| -22% | -$85K |
|
5000
PUT
Healthpeak Properties
DOC
$15.1B
| $289K | ﹤0.01% |
14,300
-7,700
| -35% | -$156K |
|
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.