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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
TMQ
6276
Trilogy Metals
TMQ
$504M
-126,529
Closed -$147K
TNDM icon
6277
CALL
Tandem Diabetes Care
TNDM
$1.27B
-10,000
Closed -$360K
TPST icon
6278
Tempest Therapeutics
TPST
$14.3M
-14,577
Closed -$158K
TQQQ icon
6279
PUT
ProShares UltraPro QQQ
TQQQ
$28.6B
-208,200
Closed -$8.24M
TRDA icon
6280
Entrada Therapeutics
TRDA
$254M
-12,527
Closed -$217K
TRMD icon
6281
TORM
TRMD
$3.05B
-430,399
Closed -$8.37M
TRNS icon
6282
Transcat
TRNS
$760M
-4,545
Closed -$481K
TRUP icon
6283
PUT
Trupanion
TRUP
$1.13B
-20,900
Closed -$1.01M
TTGT icon
6284
TechTarget
TTGT
$327M
-10,044
Closed -$199K
TXG icon
6285
CALL
10x Genomics
TXG
$5.88B
-15,000
Closed -$215K
UAA icon
6286
PUT
Under Armour
UAA
$3.01B
-47,300
Closed -$392K
UHS icon
6287
CALL
Universal Health Services
UHS
$10.2B
-3,000
Closed -$538K
UHS icon
6288
PUT
Universal Health Services
UHS
$10.2B
-5,000
Closed -$897K
UHT
6289
Universal Health Realty Income Trust
UHT
$621M
-68,986
Closed -$2.57M
UK icon
6290
Ucommune International Ltd Class A Ordinary Shares
UK
$1.34M
-1,600
Closed -$18.8K
ULY
6291
DELISTED
Urgent.ly
ULY
-3,905
Closed -$23.9K
UNIT
6292
PUT
Uniti Group
UNIT
$2.52B
-96,700
Closed -$532K
URA icon
6293
PUT
Global X Uranium ETF
URA
$5.21B
-17,500
Closed -$469K
USFD icon
6294
PUT
US Foods
USFD
$22.5B
-25,800
Closed -$1.74M
USMV icon
6295
iShares MSCI USA Min Vol Factor ETF
USMV
$23.6B
-12,150
Closed -$1.08M
USPH icon
6296
PUT
US Physical Therapy
USPH
$1.22B
-56,900
Closed -$5.05M
USRT icon
6297
iShares Core US REIT ETF
USRT
$4.71B
-3,972
Closed -$228K
UTHR icon
6298
PUT
United Therapeutics
UTHR
$26.1B
-3,300
Closed -$1.16M
UTI icon
6299
Universal Technical Institute
UTI
$2.26B
-105,055
Closed -$2.7M
UTZ icon
6300
CALL
Utz Brands
UTZ
$1.24B
-902,600
Closed -$14.1M

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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.