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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
DV icon
5851
CALL
DoubleVerify
DV
$1.69B
-170,000
Closed -$3.27M
DYAI icon
5852
Dyadic International
DYAI
$39M
-16,193
Closed -$28.3K
EBAY icon
5853
eBay
EBAY
$50.4B
-553,274
Closed -$36.9M
EBF icon
5854
Ennis
EBF
$548M
-48,554
Closed -$1.02M
EDN
5855
Edenor
EDN
$1.19B
-102,615
Closed -$4.4M
EEMV icon
5856
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.45B
-24,327
Closed -$1.41M
EFC
5857
Ellington Financial
EFC
$1.69B
-12,839
Closed -$156K
EFX icon
5858
CALL
Equifax
EFX
$20.7B
-2,900
Closed -$739K
EGAN icon
5859
eGain
EGAN
$183M
-14,942
Closed -$93.1K
EIS icon
5860
iShares MSCI Israel ETF
EIS
$887M
-5,894
Closed -$454K
ELAN icon
5861
Elanco Animal Health
ELAN
$13.2B
-1,591,248
Closed -$18M
ELEV
5862
DELISTED
Elevation Oncology
ELEV
-815,916
Closed -$459K
ELP
5863
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
-297,678
Closed -$1.77M
EMBC icon
5864
PUT
Embecta
EMBC
$217M
-40,000
Closed -$826K
EMO
5865
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.02B
-15,718
Closed -$732K
ENB icon
5866
CALL
Enbridge
ENB
$121B
-250,000
Closed -$15.3M
ENOV icon
5867
PUT
Enovis
ENOV
$1.69B
-100,000
Closed -$4.39M
ENSG icon
5868
PUT
The Ensign Group
ENSG
$10.4B
-30,000
Closed -$3.99M
ENVX icon
5869
CALL
Enovix
ENVX
$912M
-29,714
Closed -$283K
EPAC icon
5870
Enerpac Tool Group
EPAC
$1.86B
-8,703
Closed -$358K
EPM icon
5871
Evolution Petroleum
EPM
$131M
-18,560
Closed -$97.1K
EP.PRC icon
5872
El Paso Energy Capital Trust I
EP.PRC
$222M
-76,000
Closed -$74.4K
EQIX icon
5873
PUT
Equinix
EQIX
$103B
-3,000
Closed -$2.83M
ERNA icon
5874
Eterna Therapeutics
ERNA
$4.05M
-120
Closed -$13.2K
ESQ icon
5875
Esquire Financial Holdings
ESQ
$1.12B
-2,927
Closed -$233K

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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.