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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
QMMM
6401
QMMM Holdings
QMMM
-12,670
Closed -$16.2K
ETHA
6402
iShares Ethereum Trust ETF
ETHA
$5.49B
-4,165,254
Closed -$105M
ZDAI
6403
DirectBooking Technology Co
ZDAI
$13.2M
-1,879
Closed -$42.4K
NIPG
6404
NIP Group Inc
NIPG
$67.4M
-499
Closed -$98.7K
AIFF
6405
Firefly Neuroscience
AIFF
$16.7M
-43,314
Closed -$115K
AZI
6406
Autozi Internet Technology
AZI
$2.85M
-26
Closed -$10.6K
GLXG
6407
Galaxy Payroll Group
GLXG
$6.02M
-1,529
Closed -$15.1K
ZBIO
6408
Zenas BioPharma
ZBIO
$1.96B
-134,896
Closed -$1.1M
LGCY
6409
Legacy Education Inc
LGCY
$155M
-22,807
Closed -$190K
ZENA
6410
ZenaTech Inc
ZENA
$110M
-11,498
Closed -$88.4K
WCT
6411
Wellchange Holdings
WCT
$3.67M
-235
Closed -$11.3K
FLX
6412
BingEx Ltd
FLX
$156M
-41,405
Closed -$335K
OKUR
6413
OnKure Therapeutics
OKUR
$160M
-144,099
Closed -$1.24M
LPBBU
6414
Launch Two Acquisition Corp Unit
LPBBU
$217M
-470,424
Closed -$4.73M
SKYQ
6415
Sky Quarry Inc
SKYQ
$21.6M
-6,452
Closed -$59.4K
CCIRU
6416
DELISTED
Cohen Circle Acquisition Corp. I Unit
CCIRU
-400,000
Closed -$4.05M
SFHG
6417
Samfine Creation Holdings
SFHG
$9.91M
-7,995
Closed -$48.4K
ARES.PRB
6418
Ares Management Corp 6.75% Series B Preferred Stock
ARES.PRB
$1.21B
-4,575
Closed -$255K
ORIS
6419
DELISTED
Oriental Rise Holdings
ORIS
-221
Closed -$27K
ALDFU
6420
Aldel Financial II Inc Units
ALDFU
$223M
-175,000
Closed -$1.76M
AIFU
6421
AIFU Inc
AIFU
$193M
-348
Closed -$153K
IRD
6422
Opus Genetics
IRD
$287M
-11,991
Closed -$14.3K
FLG.PRU
6423
Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
$118M
-83,100
Closed -$37.5K
NEE.PRT
6424
NextEra Energy 7.234% Corporate Units
NEE.PRT
$1.51B
-5,500,000
Closed -$5.03M
PONY
6425
Pony AI Inc
PONY
$3.33B
-41,538
Closed -$596K

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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.