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 | |
|---|---|---|---|---|---|---|
|
EH
5076
CALL
EHang Holdings
EH
$389M
| $249K | ﹤0.01% |
11,900
-13,100
| -52% | -$266K |
|
5077
Greif Class B
GEF.B
$4.11B
| $248K | ﹤0.01% |
4,181
+1,204
| +40% | +$74.5K |
|
5078
RE/MAX Holdings
RMAX
$193M
| $247K | ﹤0.01% |
+29,520
| New | +$281K |
|
5079
CarParts.com
PRTS
$43.7M
| $247K | ﹤0.01% |
24,669
-20,476
| -45% | -$224K |
|
|
TBCH
5080
Turtle Beach Corp
TBCH
$243M
| $246K | ﹤0.01% |
17,205
-6,032
| -26% | -$101K |
|
5081
Chesapeake Utilities
CPK
$3.19B
| $242K | ﹤0.01% |
+1,881
| New | +$233K |
|
5082
Lands' End
LE
$370M
| $241K | ﹤0.01% |
23,714
-43,944
| -65% | -$524K |
|
5083
CI&T Inc
CINT
$431M
| $241K | ﹤0.01% |
40,362
+10,137
| +34% | +$68.1K |
|
|
CCIRW
5084
CALL
DELISTED
Cohen Circle Acquisition Corp. I Warrant
CCIRW
| $240K | ﹤0.01% |
+133,332
| New | +$172K |
|
|
LAZR
5085
DELISTED
Luminar Technologies
LAZR
| $240K | ﹤0.01% |
44,499
-68,471
| -61% | -$414K |
|
5086
Gencor Industries
GENC
$209M
| $240K | ﹤0.01% |
+19,724
| New | +$280K |
|
|
WDH
5087
Waterdrop
WDH
$402M
| $240K | ﹤0.01% |
160,943
+91,342
| +131% | +$117K |
|
5088
NCR Voyix
VYX
$1.14B
| $240K | ﹤0.01% |
+24,594
| New | +$289K |
|
|
EMX
5089
DELISTED
EMX Royalty
EMX
| $240K | ﹤0.01% |
117,465
+49,406
| +73% | +$89.4K |
|
5090
PUT
ATI
ATI
$25.6B
| $239K | ﹤0.01% |
+4,600
| New | +$261K |
|
5091
BRC Group Holdings
RILY
$288M
| $239K | ﹤0.01% |
61,815
-135,651
| -69% | -$615K |
|
5092
Capital Bancorp
CBNK
$608M
| $239K | ﹤0.01% |
+8,430
| New | +$249K |
|
5093
West Fraser Timber
WFG
$5.08B
| $238K | ﹤0.01% |
3,094
-117,297
| -97% | -$9.65M |
|
5094
POET Technologies
POET
$1.21B
| $238K | ﹤0.01% |
62,896
+35,146
| +127% | +$160K |
|
5095
PUT
Aldeyra Therapeutics
ALDX
$92.9M
| $237K | ﹤0.01% |
+41,300
| New | +$244K |
|
5096
CALL
Pultegroup
PHM
$24.1B
| $236K | ﹤0.01% |
2,300
-166,900
| -99% | -$18M |
|
5097
Endava
DAVA
$158M
| $236K | ﹤0.01% |
12,110
-12,440
| -51% | -$345K |
|
5098
NETGEAR
NTGR
$648M
| $236K | ﹤0.01% |
9,648
-83,464
| -90% | -$2.19M |
|
5099
PUT
Snap-on
SNA
$21.2B
| $236K | ﹤0.01% |
+700
| New | +$238K |
|
5100
Employers Holdings
EIG
$908M
| $236K | ﹤0.01% |
4,652
-15,795
| -77% | -$784K |
|
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.