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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
CAMT icon
5776
CALL
Camtek
CAMT
$6.4B
-27,800
Closed -$2.25M
CAMT icon
5777
PUT
Camtek
CAMT
$6.4B
-13,900
Closed -$1.12M
CAPTW
5778
CALL
DELISTED
Captivision Inc Warrant
CAPTW
-150,000
Closed -$1.88K
CARG icon
5779
PUT
CarGurus
CARG
$3.25B
-13,400
Closed -$490K
CARM
5780
DELISTED
Carisma Therapeutics
CARM
-120,157
Closed -$50.3K
CB icon
5781
Chubb
CB
$135B
-41,892
Closed -$11.6M
CBRL icon
5782
PUT
Cracker Barrel
CBRL
$1.28B
-3,900
Closed -$206K
CBUS icon
5783
Cibus
CBUS
$147M
-127,440
Closed -$354K
CCEP icon
5784
CALL
Coca-Cola Europacific Partners
CCEP
$49.3B
-357,200
Closed -$27.4M
CDE icon
5785
PUT
Coeur Mining
CDE
$15.9B
-31,100
Closed -$178K
CDIO icon
5786
Cardio Diagnostics
CDIO
$4.65M
-8,565
Closed -$236K
CDRO icon
5787
Codere Online
CDRO
$422M
-27,181
Closed -$175K
CDXS icon
5788
Codexis
CDXS
$159M
-35,931
Closed -$171K
CENN icon
5789
Cenntro
CENN
$8.06M
-739
Closed -$47.5K
CERT icon
5790
CALL
Certara
CERT
$1.21B
-122,300
Closed -$1.3M
CGC
5791
PUT
Canopy Growth
CGC
$388M
-312,800
Closed -$857K
CHE icon
5792
CALL
Chemed
CHE
$7.1B
-14,300
Closed -$7.58M
CHEF icon
5793
Chefs' Warehouse
CHEF
$4.58B
-63,875
Closed -$3.15M
CIGI icon
5794
Colliers International
CIGI
$5.08B
-26,393
Closed -$3.59M
CLDI icon
5795
Calidi Biotherapeutics
CLDI
$1.8M
-11,345
Closed -$157K
CLFD icon
5796
Clearfield
CLFD
$420M
-24,674
Closed -$765K
CLH icon
5797
PUT
Clean Harbors
CLH
$16.8B
-1,000
Closed -$230K
CLM icon
5798
Cornerstone Strategic Value Fund
CLM
$2.18B
-11,394
Closed -$96.3K
CLMB icon
5799
Climb Global Solutions
CLMB
$497M
-14,696
Closed -$466K
CMA
5800
CALL
DELISTED
Comerica
CMA
-70,700
Closed -$4.37M

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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.