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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
KDKRW
5401
CALL
Kodiak AI Warrants
KDKRW
$58K ﹤0.01%
200,000
OCGN icon
5402
Ocugen
OCGN
$423M
$57.4K ﹤0.01%
81,308
-90,064
-53% -$62.3K
SDA icon
5403
SunCar Technology Group
SDA
$80.7M
$56.7K ﹤0.01%
+13,765
New +$90.7K
FBYDW icon
5404
CALL
Falcon's Beyond Global Warrants
FBYDW
$10.3M
$56.3K ﹤0.01%
56,250
OACCW
5405
CALL
Oaktree Acquisition Corp III Life Sciences Warrant
OACCW
$3.68M
$56.3K ﹤0.01%
+75,000
New +$57K
CHPT icon
5406
ChargePoint
CHPT
$141M
$56K ﹤0.01%
4,629
-138,238
-97% -$2.3M
RSVRW
5407
CALL
DELISTED
Reservoir Media Inc Warrant
RSVRW
$55K ﹤0.01%
44,000
SVIIR
5408
DELISTED
Spring Valley Acquisition Corp II Rights
SVIIR
$54.5K ﹤0.01%
562,000
ADSEW icon
5409
CALL
ADS-TEC Energy Warrant
ADSEW
$7.52M
$54.4K ﹤0.01%
15,625
ILPT
5410
Industrial Logistics Properties Trust
ILPT
$569M
$53.4K ﹤0.01%
+15,525
New +$58K
APLT
5411
DELISTED
Applied Therapeutics
APLT
$53.3K ﹤0.01%
109,098
-1,220,051
-92% -$718K
HITI
5412
High Tide
HITI
$186M
$51.7K ﹤0.01%
27,340
-95,662
-78% -$252K
GPMT
5413
Granite Point Mortgage Trust
GPMT
$70M
$51.2K ﹤0.01%
19,704
-8,518
-30% -$24.3K
NBP
5414
NovaBridge Biosciences American Depositary Shares
NBP
$185M
$50.7K ﹤0.01%
61,478
-36,271
-37% -$34.5K
GIFT
5415
Giftify Inc
GIFT
$29.5M
$48.7K ﹤0.01%
24,329
-40,891
-63% -$59.1K
SPWH icon
5416
Sportsman's Warehouse
SPWH
$44.9M
$48.2K ﹤0.01%
48,440
-384,777
-89% -$648K
PASG icon
5417
Passage Bio
PASG
$14.6M
$48.1K ﹤0.01%
6,811
-619
-8% -$6.69K
MNTK icon
5418
Montauk Renewables
MNTK
$245M
$47.8K ﹤0.01%
22,893
-10,365
-31% -$37.8K
VCICW
5419
CALL
DELISTED
Vine Hill Capital Investment Corp Warrant
VCICW
$47.4K ﹤0.01%
225,000
CXAIW icon
5420
CALL
CXApp Inc Warrant
CXAIW
$957K
$46.4K ﹤0.01%
350,000
DXLG icon
5421
Destination XL Group
DXLG
$30.5M
$46.3K ﹤0.01%
31,701
-6,600
-17% -$15.4K
LXRX icon
5422
CALL
Lexicon Pharmaceuticals
LXRX
$1.03B
$46.1K ﹤0.01%
+100,000
New +$63.1K
OABIW icon
5423
CALL
OmniAb Inc Warrant
OABIW
$46K ﹤0.01%
123,181
PL.WS
5424
CALL
DELISTED
Planet Labs PBC Warrants
PL.WS
$45.9K ﹤0.01%
70,619
HURA
5425
TuHURA Biosciences
HURA
$138M
$45.9K ﹤0.01%
14,195
-19,613
-58% -$72.4K

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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.