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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
SES.WS icon
5576
CALL
SES AI Corp Warrants
SES.WS
$3.65M
$7.78K ﹤0.01%
133,333
NVNIW
5577
CALL
Nvni Group Limited Warrants
NVNIW
$7.72K ﹤0.01%
270,000
CRMLW icon
5578
CALL
Critical Metals Corp Warrants
CRMLW
$13.1M
$7.64K ﹤0.01%
45,250
VERU icon
5579
Veru
VERU
$35.6M
$7.34K ﹤0.01%
1,497
-374,964
-100% -$2.32M
TBLAW
5580
CALL
DELISTED
Taboola.com Ltd Warrant
TBLAW
$7.19K ﹤0.01%
44,403
COCHW icon
5581
CALL
Envoy Medical Warrant
COCHW
$510K
$6.86K ﹤0.01%
207,720
VSTEW
5582
CALL
DELISTED
Vast Renewables Limited Warrants
VSTEW
$6.58K ﹤0.01%
194,000
AMBI.WS
5583
CALL
DELISTED
Ambipar Emergency Response Warrants
AMBI.WS
$6.56K ﹤0.01%
26,250
TVGNW icon
5584
CALL
Tevogen Bio Warrant
TVGNW
$8.09M
$6.2K ﹤0.01%
115,000
VNRX icon
5585
VolitionRx Ltd
VNRX
$9.63M
$6.17K ﹤0.01%
541
-2,491
-82% -$29.7K
NXTC icon
5586
NextCure
NXTC
$20.5M
$5.89K ﹤0.01%
1,023
-2,520
-71% -$22.2K
LDTCW
5587
CALL
DELISTED
LeddarTech Holdings Inc. Warrants
LDTCW
$5.86K ﹤0.01%
96,666
BTMWW
5588
CALL
DELISTED
Bitcoin Depot Inc Warrant
BTMWW
$5.78K ﹤0.01%
82,500
VINC
5589
DELISTED
Vincerx Pharma, Inc. Common Stock
VINC
$5.72K ﹤0.01%
+10,798
New +$17.8K
ARKOW
5590
CALL
DELISTED
ARKO Corp Warrant
ARKOW
$5.66K ﹤0.01%
98,527
BSLKW
5591
CALL
DELISTED
Bolt Projects Holdings Warrant
BSLKW
$5.59K ﹤0.01%
186,328
IVCAW
5592
CALL
DELISTED
Investcorp AI Acquisition Corp. Warrant
IVCAW
$5.5K ﹤0.01%
275,000
YOTAW
5593
CALL
DELISTED
Yotta Acquisition Corporation Warrant
YOTAW
$5.47K ﹤0.01%
100,000
CLSKW
5594
CALL
CleanSpark Inc Warrant
CLSKW
$307K
$5.34K ﹤0.01%
30,000
SDSTW
5595
CALL
Stardust Power Inc Warrant
SDSTW
$4.93M
$5.21K ﹤0.01%
72,226
MSPRZ
5596
CALL
DELISTED
MSP Recovery Inc Warrant
MSPRZ
$4.99K ﹤0.01%
125,000
LIDRW icon
5597
CALL
AEye Inc Warrant
LIDRW
$280K
$4.96K ﹤0.01%
83,333
SLND.WS icon
5598
CALL
Southland Holdings Warrants
SLND.WS
$4.81K ﹤0.01%
30,000
ALUR.WS
5599
CALL
DELISTED
Allurion Technologies Warrants
ALUR.WS
$4.65K ﹤0.01%
160,488
-2,266
-1% -$80
SBCWW
5600
CALL
SBC Medical Group Warrants
SBCWW
$4.47K ﹤0.01%
24,000

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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.