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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
HUBCW icon
5651
CALL
Hub Cyber Security Warrant 2/27/28
HUBCW
$188K
$748 ﹤0.01%
67,425
ISPOW
5652
CALL
DELISTED
Inspirato Inc Warrant
ISPOW
$722 ﹤0.01%
93,750
ONMDW icon
5653
CALL
OneMedNet Corp Warrant
ONMDW
$1.01M
$639 ﹤0.01%
25,000
SONDW
5654
CALL
DELISTED
Sonder Holdings Inc Warrants
SONDW
$621 ﹤0.01%
90,000
GRMLW
5655
CALL
Greenland Mines Ltd Warrant
GRMLW
$620 ﹤0.01%
30,000
BENFW icon
5656
CALL
Beneficient Warrant
BENFW
$180K
$493 ﹤0.01%
67,500
ECDAW
5657
CALL
DELISTED
ECD Automotive Design Warrant
ECDAW
$442 ﹤0.01%
24,000
ABVEW
5658
CALL
DELISTED
Above Food Ingredients Inc Warrants
ABVEW
$439 ﹤0.01%
19,881
TOIIW
5659
CALL
The Oncology Institute Warrant
TOIIW
$4.45M
$339 ﹤0.01%
12,500
CDTTW
5660
CALL
CDT Equity Inc Warrant
CDTTW
$1.92M
$317 ﹤0.01%
34,500
ADVWW
5661
CALL
DELISTED
Advantage Solutions Warrant
ADVWW
$298 ﹤0.01%
25,000
RMCOW icon
5662
CALL
Royalty Management Holding Warrant
RMCOW
$1.39M
$189 ﹤0.01%
12,500
MLECW icon
5663
CALL
Moolec Science SA Warrant
MLECW
$192K
$106 ﹤0.01%
12,500
AAOI icon
5664
CALL
Applied Optoelectronics
AAOI
$7.23B
-50,000
Closed -$1.84M
ABR icon
5665
CALL
Arbor Realty Trust
ABR
$921M
-500,000
Closed -$6.92M
ACDC icon
5666
ProFrac Holding
ACDC
$671M
-96,898
Closed -$752K
ACHC icon
5667
CALL
Acadia Healthcare
ACHC
$2.62B
-110,000
Closed -$4.36M
ACI icon
5668
CALL
Albertsons Companies
ACI
$5.63B
-154,000
Closed -$3.02M
ZNB
5669
Zeta Network Group
ZNB
$656K
-1
Closed -$42.9K
ADVM
5670
DELISTED
Adverum Biotechnologies
ADVM
-42,847
Closed -$200K
ADX icon
5671
Adams Diversified Equity Fund
ADX
$3.09B
-16,264
Closed -$329K
AEHR icon
5672
Aehr Test Systems
AEHR
$2.51B
-39,608
Closed -$659K
AEHR icon
5673
PUT
Aehr Test Systems
AEHR
$2.51B
-14,200
Closed -$236K
AEI icon
5674
Alset
AEI
$41.2M
-22,093
Closed -$22.5K
AEM icon
5675
Agnico Eagle Mines
AEM
$76.3B
-642,595
Closed -$61.4M

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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.