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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
GBBKR
5601
DELISTED
Global Blockchain Acquisition Corp. Right
GBBKR
$4.46K ﹤0.01%
45,000
LANV.WS
5602
CALL
DELISTED
Lanvin Group Holdings Warrants
LANV.WS
$4.42K ﹤0.01%
223,500
XAGEW
5603
CALL
DELISTED
Longevity Health Holdings, Inc. Warrant
XAGEW
$4.26K ﹤0.01%
188,544
XOSWW
5604
CALL
Xos Inc Warrants
XOSWW
$17K
$4.24K ﹤0.01%
455,387
HYAC.WS
5605
CALL
DELISTED
Haymaker Acquisition Corp 4 Warrants
HYAC.WS
$4.19K ﹤0.01%
20,000
BNKK
5606
Bonk Inc
BNKK
$7.28M
$4.12K ﹤0.01%
323
BNAIW
5607
CALL
Brand Engagement Network Warrant
BNAIW
$1.97M
$4.09K ﹤0.01%
220,867
XAGE
5608
DELISTED
Longevity Health Holdings, Inc. Common Stock
XAGE
$3.88K ﹤0.01%
+1,033
New +$10K
FLYX.WS icon
5609
CALL
flyExclusive Inc Warrants
FLYX.WS
$3.75K ﹤0.01%
37,500
FAASW
5610
CALL
DELISTED
DigiAsia Corp Warrant
FAASW
$3.75K ﹤0.01%
125,000
ABPWW
5611
CALL
DELISTED
Abpro Holdings Warrant
ABPWW
$3.55K ﹤0.01%
139,150
RZLVW
5612
CALL
Rezolve AI Warrants
RZLVW
$5.81M
$3.48K ﹤0.01%
17,128
RVMDW icon
5613
CALL
Revolution Medicines Inc Warrant
RVMDW
$106M
$3.3K ﹤0.01%
86,828
SWVLW icon
5614
CALL
Swvl Holdings Corp Warrant
SWVLW
$148K
$2.98K ﹤0.01%
193,666
PRENW
5615
CALL
Prenetics Global Ltd Warrant
PRENW
$141K
$2.96K ﹤0.01%
279,110
CBIO
5616
Crescent Biopharma
CBIO
$534M
$2.91K ﹤0.01%
139
-5
-3% -$134
PIIIW icon
5617
CALL
P3 Health Partners Inc Warrant
PIIIW
$130K
$2.82K ﹤0.01%
235,299
-6,948
-3% -$115
UWMC.WS
5618
CALL
DELISTED
UWM Holdings Warrants
UWMC.WS
$2.54K ﹤0.01%
14,444
AENTW icon
5619
CALL
Alliance Entertainment Holding Corp Warrants
AENTW
$3.57M
$2.5K ﹤0.01%
12,500
ZOOZW
5620
CALL
ZOOZ Strategy Ltd Warrant
ZOOZW
$131K
$2.5K ﹤0.01%
50,000
XBPEW
5621
CALL
XBP Europe Holdings Warrant
XBPEW
$2.4K ﹤0.01%
51,250
SRZNW icon
5622
CALL
Surrozen Inc Warrant
SRZNW
$69.7K
$2.22K ﹤0.01%
73,900
ORGNW
5623
CALL
DELISTED
Origin Materials Inc Warrants
ORGNW
$2.18K ﹤0.01%
43,333
SABSW icon
5624
CALL
SAB Biotherapeutics Warrant
SABSW
$186K
$2.18K ﹤0.01%
62,500
DFLIW icon
5625
CALL
Dragonfly Energy Holdings Warrant
DFLIW
$42.5K
$2.1K ﹤0.01%
82,500

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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.