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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
ESS icon
5876
CALL
Essex Property Trust
ESS
$18.1B
-7,000
Closed -$2M
ESTA icon
5877
Establishment Labs
ESTA
$2.75B
-711,691
Closed -$32.8M
ETX
5878
Eaton Vance Municipal Income 2028 Term Trust
ETX
$198M
-15,845
Closed -$279K
EVAX
5879
Evaxion A/S
EVAX
$23.6M
-4,508
Closed -$18.8K
EVEX icon
5880
Eve Holding
EVEX
$812M
-264,784
Closed -$1.44M
EVLV icon
5881
Evolv Technologies
EVLV
$986M
-51,307
Closed -$203K
EVV
5882
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
-18,475
Closed -$181K
EWC icon
5883
iShares MSCI Canada ETF
EWC
$6.17B
-669,991
Closed -$27.5M
EWD icon
5884
iShares MSCI Sweden ETF
EWD
$547M
-9,511
Closed -$355K
EWP icon
5885
iShares MSCI Spain ETF
EWP
$2.11B
-22,139
Closed -$687K
EXEL icon
5886
PUT
Exelixis
EXEL
$14.1B
-104,100
Closed -$3.47M
EXP icon
5887
Eagle Materials
EXP
$6.35B
-5,163
Closed -$1.27M
EXR icon
5888
CALL
Extra Space Storage
EXR
$31.3B
-5,100
Closed -$763K
FARM
5889
DELISTED
Farmer Brothers
FARM
-38,489
Closed -$69.3K
FFIV icon
5890
PUT
F5
FFIV
$22.1B
-11,900
Closed -$2.99M
FGBI icon
5891
First Guaranty Bancshares
FGBI
$158M
-15,159
Closed -$172K
FHB icon
5892
First Hawaiian
FHB
$3.4B
-52,748
Closed -$1.37M
FIS icon
5893
CALL
Fidelity National Information Services
FIS
$23.8B
-94,000
Closed -$7.59M
FIVN icon
5894
CALL
FIVE9
FIVN
$2.12B
-40,000
Closed -$1.63M
FIX icon
5895
PUT
Comfort Systems
FIX
$59.8B
-900
Closed -$382K
FIXD icon
5896
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.23B
-6,641
Closed -$285K
FIZZ icon
5897
PUT
National Beverage
FIZZ
$3B
-125,100
Closed -$5.34M
FL
5898
PUT
DELISTED
Foot Locker
FL
-34,200
Closed -$744K
FLL icon
5899
Full House Resorts
FLL
$79.4M
-11,641
Closed -$47.5K
FLUX icon
5900
Flux Power
FLUX
$11.5M
-17,075
Closed -$27K

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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.