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 | |
|---|---|---|---|---|---|---|
|
UROY
5176
Uranium Royalty Corp
UROY
$1.3B
| $204K | ﹤0.01% |
116,049
-402,735
| -78% | -$863K |
|
|
GREK
5177
Global X MSCI Greece ETF
GREK
$300M
| $204K | ﹤0.01% |
+4,349
| New | +$188K |
|
5178
Digi International
DGII
$2.63B
| $204K | ﹤0.01% |
+7,339
| New | +$226K |
|
5179
PUT
Trimble
TRMB
$13.2B
| $204K | ﹤0.01% |
+3,100
| New | +$223K |
|
5180
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| $202K | ﹤0.01% |
4,921
-67,864
| -93% | -$2.82M |
|
|
LSEA
5181
DELISTED
Landsea Homes
LSEA
| $202K | ﹤0.01% |
31,496
+10,369
| +49% | +$80.4K |
|
5182
Hagerty
HGTY
$1.17B
| $201K | ﹤0.01% |
22,202
-20,647
| -48% | -$200K |
|
5183
FuelCell Energy
FCEL
$1.73B
| $201K | ﹤0.01% |
43,700
+30,324
| +227% | +$226K |
|
5184
Arena Group
AREN
$55.7M
| $199K | ﹤0.01% |
114,916
-78,304
| -41% | -$115K |
|
5185
Crawford & Co Class B
CRD.B
$491M
| $199K | ﹤0.01% |
+17,398
| New | +$200K |
|
5186
Ardagh Metal Packaging
AMBP
$2.83B
| $198K | ﹤0.01% |
65,551
-561,978
| -90% | -$1.58M |
|
5187
Smart Sand
SND
$185M
| $198K | ﹤0.01% |
76,412
+24,416
| +47% | +$57.4K |
|
5188
SEACOR Marine Holdings
SMHI
$256M
| $197K | ﹤0.01% |
38,991
-18,583
| -32% | -$115K |
|
5189
BlackRock Health Sciences Trust II
BMEZ
$968M
| $197K | ﹤0.01% |
+13,234
| New | +$207K |
|
5190
LSB Industries
LXU
$783M
| $196K | ﹤0.01% |
29,741
-218,912
| -88% | -$1.71M |
|
5191
Southern California Bancorp
BCAL
$684M
| $196K | ﹤0.01% |
+13,671
| New | +$212K |
|
5192
AdvisorShares Pure US Cannabis ETF
MSOS
$858M
| $196K | ﹤0.01% |
75,000
-5,666
| -7% | -$18.3K |
|
|
HMR
5193
Heidmar Maritime Holdings
HMR
$66.1M
| $193K | ﹤0.01% |
+62,433
| New | +$184K |
|
5194
Digital Turbine
APPS
$975M
| $192K | ﹤0.01% |
70,896
+27,725
| +64% | +$90K |
|
5195
PUT
Canadian Solar
CSIQ
$1.02B
| $192K | ﹤0.01% |
22,200
-600
| -3% | -$6.32K |
|
|
ASG
5196
Liberty All-Star Growth Fund
ASG
$325M
| $191K | ﹤0.01% |
+39,120
| New | +$212K |
|
|
AUROW
5197
CALL
Aurora Innovation Warrant
AUROW
$352M
| $191K | ﹤0.01% |
135,118
-5,500
| -4% | -$8.08K |
|
5198
DHI Group
DHX
$182M
| $190K | ﹤0.01% |
137,023
-118,491
| -46% | -$269K |
|
|
FFC
5199
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$777M
| $190K | ﹤0.01% |
11,912
-27,284
| -70% | -$435K |
|
5200
Broadway Financial
BYFC
$93.8M
| $190K | ﹤0.01% |
26,450
-4,177
| -14% | -$31.7K |
|
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.