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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
NUAIW
5626
CALL
New Era Energy & Digital Inc Warrants
NUAIW
$13M
$2.1K ﹤0.01%
15,000
SMXWW
5627
CALL
SMX (Security Matters) Public Ltd Warrant
SMXWW
$810K
$2.08K ﹤0.01%
+67,250
New +$2.06K
PBMWW
5628
CALL
Psyence Biomedical Warrant
PBMWW
$451K
$1.82K ﹤0.01%
108,000
VSEEW
5629
CALL
VSee Health Warrant
VSEEW
$260K
$1.77K ﹤0.01%
30,000
WBX.WS
5630
CALL
DELISTED
Wallbox N.V. Warrants, each warrant to purchase one Class A Ordinary Share
WBX.WS
$1.75K ﹤0.01%
50,000
CEROW
5631
CALL
DELISTED
CERo Therapeutics Warrants
CEROW
$1.58K ﹤0.01%
108,750
AMBP.WS
5632
CALL
DELISTED
Ardagh Metal Packaging Warrants
AMBP.WS
$1.57K ﹤0.01%
85,981
GCLWW
5633
CALL
GCL Global Holdings Warrants
GCLWW
$1.51K ﹤0.01%
+30,000
New +$2.33K
SCLXW icon
5634
CALL
Scilex Holding Co Warrant
SCLXW
$1.86M
$1.5K ﹤0.01%
15,000
RDZNW icon
5635
CALL
Roadzen Inc Warrants
RDZNW
$9.36M
$1.46K ﹤0.01%
26,100
KITTW icon
5636
CALL
Nauticus Robotics Warrant
KITTW
$209K
$1.42K ﹤0.01%
18,750
GBBKW
5637
CALL
DELISTED
Global Blockchain Acquisition Corp. Warrant
GBBKW
$1.35K ﹤0.01%
45,000
OCEAW
5638
CALL
DELISTED
Ocean Biomediacal, Inc. Warrants
OCEAW
$1.33K ﹤0.01%
50,000
LVROW
5639
CALL
DELISTED
Lavoro Ltd Warrant
LVROW
$1.3K ﹤0.01%
16,841
KPLTW
5640
CALL
DELISTED
Katapult Holdings Warrant
KPLTW
$1.25K ﹤0.01%
140,000
BNZIW icon
5641
CALL
Banzai International Warrant
BNZIW
$144K
$1.21K ﹤0.01%
51,400
CYCUW
5642
CALL
Cycurion Inc Warrant
CYCUW
$474K
$1.2K ﹤0.01%
30,000
ALCYW
5643
CALL
DELISTED
Alchemy Investments Acquisition Corp 1 Warrants
ALCYW
$1.1K ﹤0.01%
10,000
SLXNW
5644
CALL
Silexion Therapeutics Warrant
SLXNW
$119K
$956 ﹤0.01%
12,500
OPTXW icon
5645
CALL
Syntec Optics Holdings Warrant
OPTXW
$14.8M
$951 ﹤0.01%
18,750
ZCARW
5646
CALL
DELISTED
Zoomcar Holdings, Inc. Warrants
ZCARW
$932 ﹤0.01%
67,500
MSAIW icon
5647
CALL
MultiSensor AI Holdings Warrant
MSAIW
$821K
$904 ﹤0.01%
22,500
ZAPPW
5648
CALL
DELISTED
Zapp Electric Vehicles Group Limited Warrant
ZAPPW
$852 ﹤0.01%
96,797
ICUCW
5649
CALL
SeaStar Medical Holding Corp Warrant
ICUCW
$324K
$790 ﹤0.01%
22,500
DHAIW
5650
CALL
DELISTED
DIH Holding US Inc Warrants
DHAIW
$768 ﹤0.01%
60,000

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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.