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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
SPR
6251
PUT
DELISTED
Spirit AeroSystems
SPR
-86,900
Closed -$2.96M
SPRU icon
6252
Spruce Power Holding Corp
SPRU
$36.6M
-11,352
Closed -$33.7K
SQM icon
6253
Sociedad Química y Minera de Chile
SQM
$19.3B
-77,024
Closed -$2.8M
SRG
6254
CALL
Seritage Growth Properties
SRG
$138M
-870,000
Closed -$3.58M
SRPT icon
6255
CALL
Sarepta Therapeutics
SRPT
$1.64B
-7,000
Closed -$851K
SRPT icon
6256
PUT
Sarepta Therapeutics
SRPT
$1.64B
-21,200
Closed -$2.58M
SRTS icon
6257
Sensus Healthcare
SRTS
$46.9M
-85,329
Closed -$590K
SST icon
6258
System1
SST
$14.3M
-11,285
Closed -$101K
STNG icon
6259
CALL
Scorpio Tankers
STNG
$3.91B
-14,500
Closed -$721K
STNG icon
6260
PUT
Scorpio Tankers
STNG
$3.91B
-6,900
Closed -$343K
STRW icon
6261
Strawberry Fields REIT
STRW
$195M
-41,971
Closed -$442K
STWD icon
6262
Starwood Property Trust
STWD
$6.12B
-123,757
Closed -$2.43M
SUP
6263
DELISTED
Superior Industries International
SUP
-12,898
Closed -$26.3K
SWTX
6264
CALL
DELISTED
SpringWorks Therapeutics
SWTX
-25,100
Closed -$907K
SYRE icon
6265
Spyre Therapeutics
SYRE
$8.5B
-167,804
Closed -$3.91M
TCX icon
6266
Tucows
TCX
$104M
-21,056
Closed -$361K
TECH icon
6267
Bio-Techne
TECH
$11.2B
-655,791
Closed -$47.2M
TEL icon
6268
CALL
TE Connectivity
TEL
$60B
-13,500
Closed -$1.93M
TELA icon
6269
TELA Bio
TELA
$30.3M
-60,476
Closed -$183K
TFI icon
6270
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
-8,075
Closed -$368K
TFLO icon
6271
iShares Treasury Floating Rate Bond ETF
TFLO
$6.54B
-81,697
Closed -$4.12M
THS
6272
DELISTED
Treehouse Foods
THS
-14,730
Closed -$517K
TITN icon
6273
Titan Machinery
TITN
$420M
-38,689
Closed -$547K
TMDX icon
6274
Transmedics
TMDX
$2.7B
-164,925
Closed -$11.3M
TME icon
6275
PUT
Tencent Music
TME
$15.9B
-50,000
Closed -$568K

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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.