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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
SFL icon
6226
SFL Corp
SFL
$1.64B
-200,699
Closed -$2.05M
SG icon
6227
PUT
Sweetgreen
SG
$766M
-10,100
Closed -$324K
SGA icon
6228
Saga Communications
SGA
$57M
-17,524
Closed -$193K
SGML icon
6229
Sigma Lithium
SGML
$1.11B
-14,737
Closed -$165K
SGRY icon
6230
PUT
Surgery Partners
SGRY
$2.01B
-30,000
Closed -$635K
SIDU icon
6231
Sidus Space
SIDU
$171M
-18,253
Closed -$89.4K
SIGA icon
6232
PUT
SIGA Technologies
SIGA
$235M
-23,400
Closed -$141K
SJNK icon
6233
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
-22,176
Closed -$560K
SKYY icon
6234
First Trust Cloud Computing ETF
SKYY
$2.92B
-5,928
Closed -$706K
SLG icon
6235
CALL
SL Green Realty
SLG
$3.76B
-4,500
Closed -$306K
SLG icon
6236
PUT
SL Green Realty
SLG
$3.76B
-6,900
Closed -$469K
SLRC icon
6237
SLR Investment Corp
SLRC
$686M
-26,769
Closed -$433K
SM icon
6238
PUT
SM Energy
SM
$7.8B
-100,300
Closed -$3.89M
SNA icon
6239
CALL
Snap-on
SNA
$21.2B
-3,300
Closed -$1.12M
SNEX icon
6240
StoneX
SNEX
$9.26B
-140,943
Closed -$4.09M
SNN icon
6241
CALL
Smith & Nephew
SNN
$13.3B
-29,100
Closed -$715K
SNV
6242
PUT
DELISTED
Synovus
SNV
-100,800
Closed -$5.16M
SOL
6243
DELISTED
Emeren Group
SOL
-116,442
Closed -$236K
SOXX icon
6244
CALL
iShares Semiconductor ETF
SOXX
$41.7B
-3,100
Closed -$668K
SPDW icon
6245
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.2B
-24,678
Closed -$842K
SPGP icon
6246
Invesco S&P 500 GARP ETF
SPGP
$2.25B
-2,352
Closed -$247K
SPHR icon
6247
PUT
Sphere Entertainment
SPHR
$5.14B
-23,900
Closed -$964K
SPHQ icon
6248
Invesco S&P 500 Quality ETF
SPHQ
$19.4B
-12,050
Closed -$808K
SPLV icon
6249
Invesco S&P 500 Low Volatility ETF
SPLV
$7.12B
-21,599
Closed -$1.51M
SPR
6250
CALL
DELISTED
Spirit AeroSystems
SPR
-40,400
Closed -$1.38M

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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.