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 | |
|---|---|---|---|---|---|---|
5351
Freightos
CRGO
$59.4M
| $77.5K | ﹤0.01% |
32,429
+20,493
| +172% | +$65.3K |
|
|
SACH
5352
Sachem Capital Corp
SACH
$39.1M
| $77.5K | ﹤0.01% |
66,814
-78,161
| -54% | -$90.2K |
|
|
CLYM
5353
Climb Bio
CLYM
$681M
| $77.3K | ﹤0.01% |
+63,379
| New | +$103K |
|
|
HIX
5354
Western Asset High Income Fund II
HIX
$349M
| $77.3K | ﹤0.01% |
+18,486
| New | +$79.5K |
|
5355
Nautilus Biotechnolgy
NAUT
$124M
| $77.2K | ﹤0.01% |
89,615
+51,911
| +138% | +$77.2K |
|
5356
Gaia
GAIA
$46.8M
| $77.2K | ﹤0.01% |
+20,040
| New | +$93.9K |
|
5357
Enovix
ENVX
$892M
| $76.8K | ﹤0.01% |
11,963
-158,519
| -93% | -$1.41M |
|
|
JBIO
5358
Jade Biosciences
JBIO
$1.2B
| $76.4K | ﹤0.01% |
869
-1,008
| -54% | -$88.5K |
|
5359
ZipRecruiter
ZIP
$321M
| $76.3K | ﹤0.01% |
12,953
-55,100
| -81% | -$367K |
|
5360
Duluth Holdings
DLTH
$155M
| $75.6K | ﹤0.01% |
43,444
-30,523
| -41% | -$82.5K |
|
5361
Foghorn Therapeutics
FHTX
$266M
| $75.4K | ﹤0.01% |
20,656
-71,984
| -78% | -$328K |
|
|
RZLV
5362
Rezolve AI
RZLV
$969M
| $74.8K | ﹤0.01% |
+61,826
| New | +$146K |
|
|
HERE
5363
Here Group Ltd
HERE
$104M
| $74.8K | ﹤0.01% |
18,597
-18,088
| -49% | -$44.5K |
|
|
PROF
5364
Profound Medical
PROF
$268M
| $74.2K | ﹤0.01% |
+12,758
| New | +$88.1K |
|
|
CLBR.WS
5365
CALL
DELISTED
Colombier Acquisition Corp. II Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share
CLBR.WS
| $73K | ﹤0.01% |
91,259
+47,926
| +111% | +$43.3K |
|
5366
China Automotive Systems
CAAS
$136M
| $70.6K | ﹤0.01% |
15,983
+1,356
| +9% | +$5.84K |
|
5367
PetMed Express
PETS
$41.7M
| $70.6K | ﹤0.01% |
16,852
-127,294
| -88% | -$578K |
|
5368
Alliance Entertainment
AENT
$276M
| $70.3K | ﹤0.01% |
+20,974
| New | +$107K |
|
5369
Perfect Corp
PERF
$196M
| $70K | ﹤0.01% |
37,457
+21,167
| +130% | +$46.1K |
|
5370
CALL
BigBear.ai Holdings Warrant
BBAI.WS
$38.4M
| $69.4K | ﹤0.01% |
84,666
-40,000
| -32% | -$58K |
|
|
IMSRW
5371
CALL
Terrestrial Energy Warrant
IMSRW
$25.8M
| $69K | ﹤0.01% |
100,000
-125,000
| -56% | -$29.4K |
|
5372
ESS Tech
GWH
$22M
| $68.9K | ﹤0.01% |
21,147
-15,605
| -42% | -$71K |
|
5373
AN2 Therapeutics
ANTX
$193M
| $68.1K | ﹤0.01% |
50,038
-159,328
| -76% | -$201K |
|
|
SNBR
5374
DELISTED
Sleep Number
SNBR
| $67.5K | ﹤0.01% |
+10,649
| New | +$142K |
|
5375
PUT
Gray Television
GTN
$415M
| $67K | ﹤0.01% |
+15,500
| New | +$61K |
|
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.