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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
VERI icon
5451
Veritone
VERI
$98.5M
$37.3K ﹤0.01%
16,051
-110,208
-87% -$320K
XLO icon
5452
Xilio Therapeutics
XLO
$59.2M
$37K ﹤0.01%
+3,651
New +$45.9K
HPE.PRC
5453
Hewlett Packard Enterprise 7.625% Series C Preferred Stock
HPE.PRC
$3.72B
$36.4K ﹤0.01%
+38,050
New +$2.22M
GAME icon
5454
GameSquare
GAME
$36.3M
$36K ﹤0.01%
+60,444
New +$49.2K
STXS icon
5455
Stereotaxis
STXS
$125M
$35.2K ﹤0.01%
+19,975
New +$42.6K
IMRX icon
5456
Immuneering
IMRX
$266M
$35.1K ﹤0.01%
23,065
-79,871
-78% -$145K
ANRO icon
5457
Alto Neuroscience
ANRO
$1.05B
$34.9K ﹤0.01%
+16,179
New +$57.9K
QSIAW
5458
CALL
DELISTED
Quantum-Si Inc Warrant
QSIAW
$34.8K ﹤0.01%
87,054
ZYXI
5459
DELISTED
Zynex
ZYXI
$34.8K ﹤0.01%
15,817
-12,909
-45% -$84.2K
MAPS
5460
DELISTED
WM TECHNOLOGY INC A
MAPS
$34.7K ﹤0.01%
+30,699
New +$40.9K
LPSN icon
5461
LivePerson
LPSN
$22.2M
$33.8K ﹤0.01%
2,819
-51,262
-95% -$912K
EVEX.WS icon
5462
CALL
Eve Holding Inc Warrants
EVEX.WS
$32.2K ﹤0.01%
125,000
GCTS.WS
5463
CALL
GCT Semiconductor Holding Warrants
GCTS.WS
$15.5M
$32K ﹤0.01%
442,500
GCL
5464
GCL Global Holdings
GCL
$57.2M
$31.3K ﹤0.01%
+16,045
New +$43.5K
LOTWW
5465
CALL
Lotus Technology Inc Warrants
LOTWW
$31K ﹤0.01%
253,601
TLRY icon
5466
Tilray
TLRY
$605M
$30.8K ﹤0.01%
4,682
-61,401
-93% -$568K
VIOT
5467
Viomi Technology
VIOT
$51.8M
$30K ﹤0.01%
+19,247
New +$30.6K
BFLY.WS
5468
CALL
DELISTED
Butterfly Network Inc Warrants
BFLY.WS
$29.9K ﹤0.01%
332,755
CNTX icon
5469
Context Therapeutics
CNTX
$53.8M
$29.8K ﹤0.01%
48,671
-130,047
-73% -$113K
HPAIW
5470
CALL
Helport AI Warrants
HPAIW
$562K
$28.9K ﹤0.01%
101,834
XPL icon
5471
Solitario Resources
XPL
$68.8M
$28.8K ﹤0.01%
48,042
-25,473
-35% -$16.7K
ASPS icon
5472
Altisource Portfolio Solutions
ASPS
$63.4M
$28.7K ﹤0.01%
5,267
+259
+5% +$1.59K
AHG
5473
Akso Health Group
AHG
$1.36B
$27.9K ﹤0.01%
22,833
+4,829
+27% +$6.37K
IPHA
5474
Innate Pharma
IPHA
$164M
$27.3K ﹤0.01%
+15,326
New +$29.9K
UHG
5475
DELISTED
United Homes Group
UHG
$27.3K ﹤0.01%
28,536
-9,458
-25% -$36.6K

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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.