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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
IMMP
5476
Immutep
IMMP
$56.5M
$27.1K ﹤0.01%
15,405
-962
-6% -$1.85K
GRRRW
5477
CALL
Gorilla Technology Group Warrant
GRRRW
$2.29M
$27.1K ﹤0.01%
24,938
STRK
5478
Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock
STRK
$453M
$26.8K ﹤0.01%
+32,600
New +$2.91M
AFRIW icon
5479
CALL
Forafric Global PLC Warrants
AFRIW
$10.3M
$26.8K ﹤0.01%
38,231
VRPX
5480
DELISTED
Virpax Pharmaceuticals, Inc. Common Stock
VRPX
$26.5K ﹤0.01%
+22,075
New +$135K
GAU
5481
Galiano Gold
GAU
$447M
$26.4K ﹤0.01%
21,479
-5,442
-20% -$6.69K
BTOC
5482
Armlogi Holding Corp
BTOC
$10.9M
$26.3K ﹤0.01%
26,260
+4,935
+23% +$14K
ALDFW
5483
CALL
Aldel Financial II Inc Warrants
ALDFW
$3.8M
$26.3K ﹤0.01%
+87,500
New +$23.7K
PLUG icon
5484
CALL
Plug Power
PLUG
$2.85B
$26.2K ﹤0.01%
+19,400
New +$36.9K
DSX icon
5485
Diana Shipping
DSX
$296M
$25.6K ﹤0.01%
16,414
-122,133
-88% -$222K
ALTO icon
5486
Alto Ingredients
ALTO
$361M
$24.5K ﹤0.01%
21,507
-10,188
-32% -$15.8K
GATEW
5487
CALL
DELISTED
Marblegate Acquisition Corp. Warrant
GATEW
$24.3K ﹤0.01%
151,820
SPWRW
5488
CALL
SunPower Inc Warrants
SPWRW
$746K
$24.2K ﹤0.01%
121,110
VIGL
5489
DELISTED
Vigil Neuroscience
VIGL
$24.2K ﹤0.01%
13,575
-330,239
-96% -$741K
TNYA icon
5490
Tenaya Therapeutics
TNYA
$159M
$24K ﹤0.01%
42,050
-112,178
-73% -$111K
ANL
5491
Adlai Nortye
ANL
$846M
$23.7K ﹤0.01%
11,556
-5,025
-30% -$10.8K
OABI icon
5492
OmniAb
OABI
$283M
$23.6K ﹤0.01%
131,671
-55,074
-29% -$180K
TRAW icon
5493
Traws Pharma
TRAW
$6.92M
$23.2K ﹤0.01%
10,071
+59
+0.6% +$307
HUMAW icon
5494
CALL
Humacyte Inc Warrant
HUMAW
$1.24M
$23.1K ﹤0.01%
62,500
LYEL icon
5495
Lyell Immunopharma
LYEL
$317M
$23.1K ﹤0.01%
2,148
-45,727
-96% -$560K
PGYWW
5496
CALL
Pagaya Technologies Ltd Warrants
PGYWW
$1.38M
$23.1K ﹤0.01%
171,065
VGASW icon
5497
CALL
Verde Clean Fuels Warrant
VGASW
$22.8K ﹤0.01%
112,500
MNYWW
5498
CALL
MoneyHero Ltd Warrants
MNYWW
$855K
$22.5K ﹤0.01%
635,651
FOCL
5499
EDAP TMS S.A.
FOCL
$234M
$22.1K ﹤0.01%
11,285
-37,630
-77% -$89.6K
SABS icon
5500
SAB Biotherapeutics
SABS
$264M
$22.1K ﹤0.01%
16,351
-13,060
-44% -$29.9K

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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.