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 | |
|---|---|---|---|---|---|---|
|
QVCGA
5251
DELISTED
QVC Group Inc Series A
QVCGA
| $144K | ﹤0.01% |
14,341
-5,278
| -27% | -$83.9K |
|
5252
Copel
ELPC
$8.71B
| $143K | ﹤0.01% |
21,239
-2,365
| -10% | -$14.2K |
|
5253
CALL
United Microelectronic
UMC
$47.7B
| $143K | ﹤0.01% |
+20,000
| New | +$127K |
|
|
FFWM
5254
DELISTED
First Foundation Inc
FFWM
| $142K | ﹤0.01% |
+27,338
| New | +$147K |
|
|
BRKL
5255
DELISTED
Brookline Bancorp
BRKL
| $140K | ﹤0.01% |
12,885
-589,543
| -98% | -$6.87M |
|
5256
Ramaco Resources Class A
METC
$599M
| $140K | ﹤0.01% |
17,207
+3,784
| +28% | +$35.2K |
|
5257
Crawford & Co Class A
CRD.A
$532M
| $139K | ﹤0.01% |
12,129
-3,852
| -24% | -$45K |
|
|
BEAGR
5258
Bold Eagle Acquisition Corp Right
BEAGR
| $138K | ﹤0.01% |
+600,000
| New | +$151K |
|
5259
PUT
dLocal
DLO
$4.44B
| $138K | ﹤0.01% |
+16,500
| New | +$186K |
|
5260
Mitsubishi UFJ Financial
MUFG
$253B
| $137K | ﹤0.01% |
10,080
-711,725
| -99% | -$9.17M |
|
|
KYNB
5261
Kyntra Bio
KYNB
$27.2M
| $137K | ﹤0.01% |
17,675
-15,549
| -47% | -$186K |
|
|
LNKB
5262
DELISTED
LINKBANCORP
LNKB
| $136K | ﹤0.01% |
19,991
+7,551
| +61% | +$54.3K |
|
|
HQL
5263
abrdn Life Sciences Investors
HQL
$581M
| $135K | ﹤0.01% |
+10,658
| New | +$144K |
|
5264
Mastech Digital
MHH
$93.1M
| $135K | ﹤0.01% |
13,185
-1,773
| -12% | -$21.6K |
|
5265
TTEC Holdings
TTEC
$121M
| $134K | ﹤0.01% |
40,753
-33,187
| -45% | -$122K |
|
5266
Vor Biopharma
VOR
$1.15B
| $134K | ﹤0.01% |
9,342
-3,750
| -29% | -$90K |
|
|
MTA
5267
Metalla Royalty & Streaming
MTA
$688M
| $133K | ﹤0.01% |
46,544
+5,855
| +14% | +$16.9K |
|
|
KLRS
5268
Kalaris Therapeutics
KLRS
$83.5M
| $133K | ﹤0.01% |
16,582
-115,322
| -87% | -$1.13M |
|
5269
Genasys
GNSS
$76.1M
| $131K | ﹤0.01% |
57,584
-76,279
| -57% | -$211K |
|
5270
HighPeak Energy
HPK
$903M
| $131K | ﹤0.01% |
+10,312
| New | +$139K |
|
5271
Stoke Therapeutics
STOK
$1.8B
| $130K | ﹤0.01% |
19,620
-57,209
| -74% | -$533K |
|
5272
ECARX Holdings
ECX
$417M
| $129K | ﹤0.01% |
102,310
+4,030
| +4% | +$8.61K |
|
|
CLLS
5273
Cellectis
CLLS
$277M
| $129K | ﹤0.01% |
103,854
-430,697
| -81% | -$638K |
|
|
GIFI
5274
DELISTED
Gulf Island Fabrication
GIFI
| $129K | ﹤0.01% |
19,922
+1,867
| +10% | +$12.6K |
|
|
CIM
5275
PUT
Chimera Investment
CIM
$1.04B
| $128K | ﹤0.01% |
+10,000
| New | +$140K |
|
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.