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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
NEE.PRR
6101
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
-24,108
Closed -$990K
NEO icon
6102
PUT
NeoGenomics
NEO
$2.04B
-12,000
Closed -$198K
NHTC icon
6103
Natural Health Trends
NHTC
$14.4M
-16,108
Closed -$74.4K
NINE
6104
DELISTED
Nine Energy Service
NINE
-95,429
Closed -$107K
NLY icon
6105
PUT
Annaly Capital Management
NLY
$17.3B
-47,600
Closed -$871K
NMG
6106
Nouveau Monde Graphite
NMG
$434M
-47,755
Closed -$75.9K
NMM icon
6107
Navios Maritime Partners
NMM
$2.25B
-17,824
Closed -$772K
NMM icon
6108
PUT
Navios Maritime Partners
NMM
$2.25B
-15,600
Closed -$675K
NMRA icon
6109
PUT
Neumora Therapeutics
NMRA
$306M
-625,000
Closed -$6.63M
NNI icon
6110
Nelnet
NNI
$4.88B
-3,453
Closed -$369K
NOA
6111
North American Construction
NOA
$365M
-60,274
Closed -$1.3M
NOBL icon
6112
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.7B
-5,910
Closed -$294K
NOK icon
6113
CALL
Nokia
NOK
$50.7B
-42,800
Closed -$190K
NRXP icon
6114
NRX Pharmaceuticals
NRXP
$134M
-27,624
Closed -$60.8K
NSIT icon
6115
PUT
Insight Enterprises
NSIT
$3.86B
-4,100
Closed -$624K
NTR icon
6116
CALL
Nutrien
NTR
$33.9B
-62,500
Closed -$3.58M
NTRA icon
6117
PUT
Natera
NTRA
$38.6B
-11,600
Closed -$1.84M
NTRS icon
6118
CALL
Northern Trust
NTRS
$22.4B
-10,500
Closed -$1.08M
NWL icon
6119
Newell Brands
NWL
$2.18B
-2,592,690
Closed -$25.8M
AIIO
6120
Robo.ai Inc
AIIO
$476M
-923
Closed -$13K
NXE icon
6121
CALL
NexGen Energy
NXE
$6.17B
-100,000
Closed -$660K
NXPL icon
6122
NextPlat
NXPL
$16.7M
-1,700
Closed -$18.4K
OBIO icon
6123
Orchestra BioMed
OBIO
$239M
-21,513
Closed -$86.1K
OCUL icon
6124
Ocular Therapeutix
OCUL
$1.85B
-447,237
Closed -$3.82M
OEF icon
6125
iShares S&P 100 ETF
OEF
$19.9B
-1,311
Closed -$379K

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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.