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Millennium Management

Millennium Management Portfolio holdings

AUM $240B
1-Year Est. Return 35.51%
 

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.

This Fund
S&P 500
This Quarter Est. Return
-2.87%
1 Year Est. Return
+35.51%
3 Year Est. Return
+105.02%
5 Year Est. Return
+129.21%
10 Year Est. Return
+672.54%
AUM
$188B
AUM Growth
-$16.8B
Cap. Flow
-$8.86B
Cap. Flow %
-4.72%
Top 10 Hldgs %
15.86%
Holding
6,639
New
739
Increased
2,435
Reduced
2,261
Closed
852

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
IREN icon
5301
Iris Energy
IREN
$13.2B
$111K ﹤0.01%
18,234
-450,178
-96% -$4.38M
IMUX icon
5302
Immunic
IMUX
$190M
$110K ﹤0.01%
10,092
-47,876
-83% -$517K
ONTF
5303
DELISTED
ON24
ONTF
$108K ﹤0.01%
20,848
-121,539
-85% -$754K
FTCI icon
5304
FTC Solar
FTCI
$44M
$106K ﹤0.01%
36,941
-41,323
-53% -$145K
CLPR
5305
Clipper Realty
CLPR
$45.2M
$105K ﹤0.01%
+27,460
New +$115K
CCCC icon
5306
C4 Therapeutics
CCCC
$385M
$105K ﹤0.01%
65,897
-294,228
-82% -$878K
ALVOW icon
5307
CALL
Alvotech Warrant
ALVOW
$45.3M
$105K ﹤0.01%
69,711
CMPOW
5308
CALL
DELISTED
CompoSecure Inc Warrant
CMPOW
$105K ﹤0.01%
27,500
NXDT
5309
NexPoint Diversified Real Estate Trust
NXDT
$234M
$105K ﹤0.01%
+27,350
New +$136K
UONE icon
5310
Urban One Class A
UONE
$22.8M
$104K ﹤0.01%
7,240
-1,968
-21% -$28K
FLDDW
5311
CALL
Fold Holdings Warrant
FLDDW
$1.22M
$104K ﹤0.01%
+138,500
New +$112K
IREN icon
5312
CALL
Iris Energy
IREN
$13.2B
$104K ﹤0.01%
17,000
+3,800
+29% +$37K
IREN icon
5313
PUT
Iris Energy
IREN
$13.2B
$104K ﹤0.01%
17,000
-20,400
-55% -$199K
ZJYL icon
5314
Jin Medical International
ZJYL
$15.5M
$102K ﹤0.01%
+6,829
New +$114K
LAW icon
5315
CS Disco
LAW
$250M
$101K ﹤0.01%
+24,677
New +$120K
OXLC
5316
Oxford Lane Capital
OXLC
$894M
$101K ﹤0.01%
+4,265
New +$106K
ANNAW
5317
CALL
AleAnna Inc Warrant
ANNAW
$8.77M
$100K ﹤0.01%
401,121
TMCWW
5318
CALL
TMC The Metals Company Warrants
TMCWW
$420K
$99.9K ﹤0.01%
450,000
RUMBW
5319
CALL
RUM Group Inc Warrant
RUMBW
$11.8M
$99K ﹤0.01%
43,045
RCEL icon
5320
Avita Medical
RCEL
$135M
$97.6K ﹤0.01%
11,985
-21,314
-64% -$199K
CTOS icon
5321
Custom Truck One Source
CTOS
$2.31B
$95.8K ﹤0.01%
22,694
-50,556
-69% -$244K
CNCKW
5322
CALL
Coincheck Group Warrant expiring 12/10/2029
CNCKW
$1.46M
$95.4K ﹤0.01%
169,823
LUNR icon
5323
PUT
Intuitive Machines
LUNR
$1.98B
$95.4K ﹤0.01%
+12,800
New +$201K
BLNK icon
5324
Blink Charging
BLNK
$74.3M
$94.5K ﹤0.01%
102,963
+72,010
+233% +$83.3K
VFS icon
5325
VinFast Auto
VFS
$7.28B
$94.1K ﹤0.01%
29,597
-10,747
-27% -$40K

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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.