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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
IRBT
6001
PUT
DELISTED
iRobot
IRBT
-20,000
Closed -$155K
IRT icon
6002
Independence Realty Trust
IRT
$3.98B
-837,787
Closed -$16.6M
IRWD icon
6003
CALL
Ironwood Pharmaceuticals
IRWD
$586M
-38,800
Closed -$172K
ITUB icon
6004
Itaú Unibanco
ITUB
$89.8B
-1,914,772
Closed -$8.38M
IUSV icon
6005
iShares Core S&P US Value ETF
IUSV
$27.3B
-7,973
Closed -$738K
IVE icon
6006
iShares S&P 500 Value ETF
IVE
$49.1B
-3,334
Closed -$636K
IVVD icon
6007
Invivyd
IVVD
$160M
-37,856
Closed -$16.8K
IWP icon
6008
iShares Russell Mid-Cap Growth ETF
IWP
$19.4B
-2,100
Closed -$266K
IWR icon
6009
iShares Russell Mid-Cap ETF
IWR
$55.9B
-4,693
Closed -$415K
IXJ icon
6010
iShares Global Healthcare ETF
IXJ
$4.16B
-4,024
Closed -$346K
IYF icon
6011
iShares US Financials ETF
IYF
$4.65B
-16,659
Closed -$1.84M
IYT icon
6012
iShares US Transportation ETF
IYT
$2.28B
-6,829
Closed -$471K
IZEA icon
6013
IZEA Worldwide
IZEA
$58.7M
-11,473
Closed -$31.6K
JACK icon
6014
CALL
Jack in the Box
JACK
$314M
-51,900
Closed -$2.16M
JACK icon
6015
Jack in the Box
JACK
$314M
-150,089
Closed -$6.25M
JAZZ icon
6016
CALL
Jazz Pharmaceuticals
JAZZ
$16.1B
-20,200
Closed -$2.49M
JBGS
6017
JBG SMITH
JBGS
$846M
-253,430
Closed -$3.9M
JCSE icon
6018
JE Cleantech Holdings
JCSE
$7.25M
-12,668
Closed -$17.3K
JEF icon
6019
CALL
Jefferies Financial Group
JEF
$12.7B
-3,100
Closed -$243K
JELD icon
6020
CALL
JELD-WEN Holding
JELD
$110M
-34,300
Closed -$281K
JFU
6021
9F Inc
JFU
$23.7M
-10,329
Closed -$16.2K
JILL icon
6022
J. Jill
JILL
$274M
-21,439
Closed -$592K
JMIA
6023
Jumia Technologies
JMIA
$708M
-916,948
Closed -$3.5M
JPC icon
6024
Nuveen Preferred & Income Opportunities Fund
JPC
$2.88B
-14,007
Closed -$110K
JSPR icon
6025
CALL
Jasper Therapeutics
JSPR
$20M
-65,000
Closed -$1.39M

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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.