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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
OGI
6126
Organigram Holdings
OGI
$131M
-645,780
Closed -$1.04M
OMCL icon
6127
CALL
Omnicell
OMCL
$1.88B
-110,000
Closed -$4.9M
ACH
6128
CALL
Accendra Health
ACH
$254M
-30,000
Closed -$392K
ONCO icon
6129
Onconetix
ONCO
$2.77M
-9
Closed -$24.9K
OPAL icon
6130
OPAL Fuels
OPAL
$62.5M
-25,879
Closed -$87.7K
OPCH icon
6131
CALL
Option Care Health
OPCH
$3.76B
-125,000
Closed -$2.9M
OPTN
6132
DELISTED
OptiNose
OPTN
-12,854
Closed -$85.9K
ORLY icon
6133
CALL
O'Reilly Automotive
ORLY
$75.1B
-52,500
Closed -$4.15M
ORLY icon
6134
PUT
O'Reilly Automotive
ORLY
$75.1B
-39,000
Closed -$3.08M
ORMP icon
6135
Oramed Pharmaceuticals
ORMP
$162M
-24,381
Closed -$59K
OSS icon
6136
One Stop Systems
OSS
$269M
-42,277
Closed -$142K
OSIS icon
6137
OSI Systems
OSIS
$3.53B
-5,711
Closed -$956K
OTEX icon
6138
Open Text
OTEX
$6.28B
-9,508
Closed -$269K
OTIS icon
6139
PUT
Otis Worldwide
OTIS
$27.9B
-22,100
Closed -$2.05M
OUT icon
6140
Outfront Media
OUT
$5.75B
-98,653
Closed -$1.79M
OXY.WS icon
6141
CALL
Occidental Petroleum Corp Warrants
OXY.WS
$32.1B
-16,775
Closed -$462K
PAA icon
6142
CALL
Plains All American Pipeline
PAA
$17.6B
-11,100
Closed -$190K
PAA icon
6143
PUT
Plains All American Pipeline
PAA
$17.6B
-11,700
Closed -$200K
PACK icon
6144
Ranpak Holdings
PACK
$500M
-185,203
Closed -$1.27M
PAR icon
6145
CALL
PAR Technology
PAR
$716M
-7,400
Closed -$538K
PAVE icon
6146
Global X US Infrastructure Development ETF
PAVE
$13.5B
-35,072
Closed -$1.42M
PAXS
6147
PIMCO Access Income Fund
PAXS
$658M
-26,087
Closed -$398K
PCRX icon
6148
CALL
Pacira BioSciences
PCRX
$1.04B
-544,700
Closed -$10.3M
PCYO icon
6149
Pure Cycle
PCYO
$255M
-13,064
Closed -$166K
PDM
6150
Piedmont Realty Trust
PDM
$1.24B
-235,907
Closed -$2.16M

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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.