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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
NSPR icon
5426
InspireMD
NSPR
$30.6M
$45.8K ﹤0.01%
17,018
-313,981
-95% -$889K
NOTE.WS
5427
CALL
DELISTED
FiscalNote Holdings Warrants
NOTE.WS
$45.3K ﹤0.01%
262,500
FUBO icon
5428
PUT
FuboTV Inc
FUBO
$256M
$45K ﹤0.01%
+1,283
New +$55.8K
WGSWW
5429
CALL
DELISTED
GeneDx Holdings Warrant
WGSWW
$45K ﹤0.01%
214,106
BRAG
5430
Bragg Gaming Group
BRAG
$50.9M
$44.1K ﹤0.01%
10,730
-5,041
-32% -$23K
CSTE icon
5431
Caesarstone
CSTE
$71.6M
$44.1K ﹤0.01%
18,134
-20,161
-53% -$75.5K
MRNOW
5432
CALL
Murano Global Investments PLC Warrants
MRNOW
$201K
$43.6K ﹤0.01%
188,750
SOUNW icon
5433
CALL
SoundHound AI Warrant
SOUNW
$574M
$42.9K ﹤0.01%
12,250
DAVEW icon
5434
CALL
Dave Inc Warrants
DAVEW
$26.9M
$42.8K ﹤0.01%
229,025
BHR
5435
Braemar Hotels & Resorts
BHR
$156M
$42.2K ﹤0.01%
16,960
-32,118
-65% -$87.7K
ALLK
5436
DELISTED
Allakos
ALLK
$41.8K ﹤0.01%
183,562
-360,222
-66% -$163K
PGEN icon
5437
Precigen
PGEN
$2.17B
$41.8K ﹤0.01%
+28,036
New +$44.1K
VRA icon
5438
Vera Bradley
VRA
$99M
$41.7K ﹤0.01%
+18,528
New +$59.9K
ENGNW icon
5439
CALL
enGene Therapeutics Warrants
ENGNW
$3.64M
$41.4K ﹤0.01%
69,000
IMDX
5440
Insight Molecular Diagnostics
IMDX
$148M
$41K ﹤0.01%
+13,404
New +$36.2K
FOSL icon
5441
Fossil Group
FOSL
$290M
$40.9K ﹤0.01%
35,564
-233,749
-87% -$367K
BCAB icon
5442
BioAtla
BCAB
$5.49M
$40.5K ﹤0.01%
2,333
-19,579
-89% -$419K
NETDW
5443
CALL
DELISTED
Nabors Energy Transition Corp II Warrant
NETDW
$39.7K ﹤0.01%
100,000
LWLG icon
5444
Lightwave Logic
LWLG
$988M
$39.7K ﹤0.01%
38,733
-134,819
-78% -$210K
SVIIW
5445
CALL
DELISTED
Spring Valley Acquisition Corp II Warrant
SVIIW
$39.3K ﹤0.01%
281,000
FTW.WS
5446
CALL
Presidio Production Co Warrants
FTW.WS
$38.5K ﹤0.01%
116,666
BRLT icon
5447
Brilliant Earth
BRLT
$17.6M
$38.2K ﹤0.01%
24,176
-6,906
-22% -$11.3K
NG icon
5448
NovaGold Resources
NG
$2.58B
$38K ﹤0.01%
12,996
-3,834
-23% -$12.3K
STEX
5449
Streamex Corp
STEX
$71.9M
$37.9K ﹤0.01%
63,146
-90,061
-59% -$84.5K
SLND icon
5450
Southland Holdings
SLND
$29.1M
$37.5K ﹤0.01%
+12,543
New +$40.7K

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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.