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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
UVV icon
6301
Universal Corp
UVV
$1.36B
-3,932
Closed -$216K
UVSP icon
6302
Univest Financial
UVSP
$1.23B
-19,297
Closed -$569K
VATE icon
6303
INNOVATE Corp
VATE
$106M
-61,338
Closed -$303K
VCEL icon
6304
Vericel Corp
VCEL
$2.38B
-81,366
Closed -$4.47M
VCEL icon
6305
PUT
Vericel Corp
VCEL
$2.38B
-76,800
Closed -$4.22M
VCIG icon
6306
VCI Global
VCIG
$3.62M
0
-$24.9K
VCYT icon
6307
CALL
Veracyte
VCYT
$4.44B
-100,000
Closed -$3.96M
VERU icon
6308
CALL
Veru
VERU
$35.5M
-29,840
Closed -$194K
VFC icon
6309
CALL
VF Corp
VFC
$5.91B
-227,400
Closed -$4.88M
VFH icon
6310
Vanguard Financials ETF
VFH
$13.4B
-9,037
Closed -$1.07M
VICI icon
6311
PUT
VICI Properties
VICI
$29.9B
-14,300
Closed -$418K
VINP icon
6312
Vinci Compass Investments Ltd
VINP
$637M
-12,455
Closed -$125K
VIPS icon
6313
PUT
Vipshop
VIPS
$7.26B
-119,800
Closed -$1.61M
VIS icon
6314
Vanguard Industrials ETF
VIS
$7.94B
-2,322
Closed -$591K
VKTX icon
6315
PUT
Viking Therapeutics
VKTX
$3.89B
-9,500
Closed -$382K
VLUE icon
6316
iShares MSCI USA Value Factor ETF
VLUE
$9.03B
-3,541
Closed -$374K
VOE icon
6317
Vanguard Mid-Cap Value ETF
VOE
$23.9B
-3,329
Closed -$539K
VONG icon
6318
Vanguard Russell 1000 Growth ETF
VONG
$41.3B
-3,551
Closed -$367K
VOT icon
6319
Vanguard Mid-Cap Growth ETF
VOT
$18.9B
-1,282
Closed -$325K
VPG icon
6320
Vishay Precision Group
VPG
$1.08B
-22,930
Closed -$538K
VRNA
6321
CALL
DELISTED
Verona Pharma
VRNA
-20,000
Closed -$929K
VSXY
6322
PUT
Victoria's Secret
VSXY
$7.09B
-9,600
Closed -$398K
VSS icon
6323
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.1B
-1,788
Closed -$205K
VTI icon
6324
Vanguard Total Stock Market ETF
VTI
$646B
-3,510
Closed -$1.02M
VTGN icon
6325
VistaGen Therapeutics
VTGN
$10M
-38,732
Closed -$114K

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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.