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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
XHB icon
6351
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.62B
-74,800
Closed -$7.82M
XLRE icon
6352
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.7B
-450,504
Closed -$18.3M
XMHQ icon
6353
Invesco S&P MidCap Quality ETF
XMHQ
$5.44B
-3,929
Closed -$387K
XMMO icon
6354
Invesco S&P MidCap Momentum ETF
XMMO
$6.89B
-9,475
Closed -$1.17M
XNET
6355
Xunlei
XNET
$335M
-13,865
Closed -$27.6K
XRT icon
6356
State Street SPDR S&P Retail ETF
XRT
$458M
-2,920
Closed -$221K
XSMO icon
6357
Invesco S&P SmallCap Momentum ETF
XSMO
$2.93B
-4,799
Closed -$317K
XTNT icon
6358
Xtant Medical Holdings
XTNT
$59.1M
-19,379
Closed -$8.59K
XYLD icon
6359
Global X S&P 500 Covered Call ETF
XYLD
$3.19B
-7,235
Closed -$303K
XYL icon
6360
CALL
Xylem
XYL
$28.7B
-13,500
Closed -$1.57M
YETI icon
6361
CALL
Yeti Holdings
YETI
$3.85B
-25,000
Closed -$963K
YETI icon
6362
PUT
Yeti Holdings
YETI
$3.85B
-35,300
Closed -$1.36M
YPF icon
6363
PUT
YPF
YPF
$19.8B
-6,700
Closed -$285K
YTRA icon
6364
Yatra Online
YTRA
$53.4M
-19,639
Closed -$24.7K
ZG icon
6365
CALL
Zillow
ZG
$7.84B
-4,900
Closed -$347K
DAY
6366
PUT
DELISTED
Dayforce
DAY
-22,100
Closed -$1.61M
ABTC
6367
American Bitcoin Corp
ABTC
$378M
-2,096
Closed -$63K
OSTX
6368
OS Therapies Inc
OSTX
$66.9M
-29,836
Closed -$128K
CERO
6369
DELISTED
CERo Therapeutics
CERO
-32
Closed -$3.78K
TVGN icon
6370
Tevogen Bio Holdings
TVGN
$23.2M
-284
Closed -$14.6K
ASTH icon
6371
Astrana Health
ASTH
$1.83B
-7,433
Closed -$234K
MTUS icon
6372
Metallus
MTUS
$829M
-254,043
Closed -$3.59M
SMXT icon
6373
Solarmax Technology
SMXT
$22.2M
-18,183
Closed -$29.5K
BODI icon
6374
The Beachbody Company
BODI
$77M
-10,654
Closed -$65.5K
LGCL icon
6375
Lucas GC Ltd
LGCL
$57.8M
-858
Closed -$20.6K

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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.