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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
ROP icon
6201
CALL
Roper Technologies
ROP
$40.4B
-14,800
Closed -$7.69M
ROP icon
6202
PUT
Roper Technologies
ROP
$40.4B
-9,500
Closed -$4.94M
RPID icon
6203
Rapid Micro Biosystems
RPID
$102M
-61,375
Closed -$55.2K
RRC icon
6204
CALL
Range Resources
RRC
$9.33B
-42,100
Closed -$1.51M
RSG icon
6205
PUT
Republic Services
RSG
$67.4B
-1,500
Closed -$302K
RSP icon
6206
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$97.3B
-1,015,200
Closed -$178M
RSSS icon
6207
Research Solutions
RSSS
$74.9M
-15,557
Closed -$64.6K
RVMD icon
6208
CALL
Revolution Medicines
RVMD
$38.5B
-20,000
Closed -$875K
RVLV icon
6209
PUT
Revolve Group
RVLV
$1.85B
-16,200
Closed -$543K
RVSN icon
6210
Rail Vision
RVSN
$8.48M
-736
Closed -$46.6K
RXST icon
6211
PUT
RxSight
RXST
$254M
-35,000
Closed -$1.2M
SABR icon
6212
PUT
Sabre
SABR
$716M
-2,000,000
Closed -$7.3M
SAFE
6213
Safehold
SAFE
$1.17B
-27,078
Closed -$500K
SATL icon
6214
Satellogic
SATL
$491M
-12,570
Closed -$35.8K
SATLW icon
6215
CALL
Satellogic Inc Warrant
SATLW
$36.1M
-36,833
Closed -$13.5K
FLNA
6216
Filana Therapeutics
FLNA
$42M
-29,456
Closed -$69.5K
FLNA
6217
PUT
Filana Therapeutics
FLNA
$42M
-90,900
Closed -$215K
SBLK icon
6218
Star Bulk Carriers
SBLK
$3.05B
-436,244
Closed -$6.52M
SCCO icon
6219
CALL
Southern Copper
SCCO
$138B
-13,405
Closed -$1.16M
SCHD icon
6220
Schwab US Dividend Equity ETF
SCHD
$104B
-20,807
Closed -$568K
SCHF icon
6221
Schwab International Equity ETF
SCHF
$64.9B
-34,785
Closed -$644K
SCHG icon
6222
Schwab US Large-Cap Growth ETF
SCHG
$58.2B
-8,027
Closed -$224K
SCYX icon
6223
SCYNEXIS
SCYX
$37.4M
-3,236
Closed -$31.3K
SEAT icon
6224
Vivid Seats
SEAT
$81.6M
-2,492
Closed -$231K
SEE
6225
CALL
DELISTED
Sealed Air
SEE
-100,000
Closed -$3.38M

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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.