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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
GHRS icon
5926
GH Research
GHRS
$1.95B
-20,761
Closed -$145K
GIII icon
5927
PUT
G-III Apparel Group
GIII
$1.55B
-50,000
Closed -$1.63M
GILT icon
5928
Gilat Satellite Networks
GILT
$830M
-14,125
Closed -$86.9K
GL icon
5929
PUT
Globe Life
GL
$14.2B
-27,400
Closed -$3.06M
GMAB icon
5930
CALL
Genmab
GMAB
$17.6B
-128,100
Closed -$2.67M
GMED icon
5931
CALL
Globus Medical
GMED
$10.9B
-103,700
Closed -$8.58M
MRDN
5932
Meridian Holdings Inc
MRDN
$141M
-1,015
Closed -$24.1K
GNK icon
5933
Genco Shipping & Trading
GNK
$1.13B
-108,278
Closed -$1.51M
GNRC icon
5934
CALL
Generac Holdings
GNRC
$11.3B
-24,900
Closed -$3.86M
GOGL
5935
DELISTED
Golden Ocean Group
GOGL
-58,303
Closed -$522K
GOLF icon
5936
Acushnet Holdings
GOLF
$5.88B
-106,923
Closed -$7.6M
GORV
5937
DELISTED
Lazydays
GORV
-633
Closed -$18.1K
GPCR icon
5938
CALL
Structure Therapeutics
GPCR
$3.52B
-234,000
Closed -$6.35M
GPK icon
5939
Graphic Packaging
GPK
$3.24B
-105,601
Closed -$2.87M
GPN icon
5940
CALL
Global Payments
GPN
$23.8B
-11,900
Closed -$1.33M
GRABW icon
5941
CALL
Grab Holdings Warrant
GRABW
$569K
-61,784
Closed -$25.2K
VIP
5942
Vulcan Infrastructure and Power Inc. Class A Common Stock
VIP
$38.8M
-14,691
Closed -$22.8K
GROV icon
5943
Grove Collaborative
GROV
$45.4M
-24,333
Closed -$33.8K
GSLC icon
5944
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15B
-2,573
Closed -$296K
GSL icon
5945
PUT
Global Ship Lease
GSL
$1.6B
-11,400
Closed -$249K
GTEC icon
5946
Greenland Technologies Holding
GTEC
$13.9M
-49,673
Closed -$96.4K
GTLS.PRB
5947
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
-4,602
Closed -$326K
GVI icon
5948
iShares Intermediate Government/Credit Bond ETF
GVI
$3.78B
-3,226
Closed -$336K
H icon
5949
PUT
Hyatt Hotels
H
$16.6B
-2,700
Closed -$424K
HAS icon
5950
PUT
Hasbro
HAS
$13.4B
-41,800
Closed -$2.34M

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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.