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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
NAMI
6426
Jinxin Technology Holding
NAMI
$8.86M
-742
Closed -$75.7K
IPM
6427
Intelligent Protection Management Corp
IPM
$23.3M
-14,950
Closed -$29.8K
LAR
6428
Lithium Argentina AG
LAR
$922M
-213,709
Closed -$560K
SGI
6429
PUT
Somnigroup International
SGI
$15.2B
-7,000
Closed -$397K
USARW
6430
CALL
DELISTED
USA Rare Earth Inc Warrant
USARW
-125,000
Closed -$61.3K
PITAW
6431
CALL
DELISTED
Heramba Electric plc Warrants
PITAW
-500,000
Closed -$21.4K
OCEA
6432
DELISTED
Ocean Biomedical, Inc. Common Stock
OCEA
-124,895
Closed -$69.1K
PDCO
6433
CALL
DELISTED
Patterson Companies, Inc.
PDCO
-10,000
Closed -$309K
ENZ
6434
DELISTED
Enzo Biochem, Inc.
ENZ
-32,386
Closed -$23.1K
SKGRW
6435
CALL
DELISTED
SK Growth Opportunities Corporation Warrant
SKGRW
-500,000
Closed -$300K
MSSAW
6436
CALL
DELISTED
Metal Sky Star Acquisition Corporation Warrant
MSSAW
-30,000
Closed -$1.05K
MSSAR
6437
DELISTED
Metal Sky Star Acquisition Corporation Right
MSSAR
-30,000
Closed -$1.5K
ALTR
6438
CALL
DELISTED
Altair Engineering Inc
ALTR
-6,700
Closed -$731K
ALTR
6439
DELISTED
Altair Engineering Inc
ALTR
-560,612
Closed -$61.2M
ETWO.WS
6440
CALL
DELISTED
E2open Parent Holdings, Inc. Warrants, each whole warrant exercisable for one Class A Common Stock at an exercise price of $11.50
ETWO.WS
-216,666
Closed -$3.25K
EDR
6441
CALL
DELISTED
Endeavor Group Holdings, Inc.
EDR
-452,000
Closed -$14.1M
EDR
6442
DELISTED
Endeavor Group Holdings, Inc.
EDR
-7,195,394
Closed -$225M
EDR
6443
PUT
DELISTED
Endeavor Group Holdings, Inc.
EDR
-955,700
Closed -$29.9M
RDW.WS
6444
CALL
DELISTED
Redwire Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share
RDW.WS
-301,829
Closed -$1.92M
WINVR
6445
DELISTED
WinVest Acquisition Corp. Right
WINVR
-100,000
Closed -$8.86K
WINVW
6446
CALL
DELISTED
WinVest Acquisition Corp. Warrant
WINVW
-100,000
Closed -$1.36K
BNIXW
6447
CALL
DELISTED
Bannix Acquisition Corp. Warrant
BNIXW
-29,964
Closed -$827
BNIXR
6448
DELISTED
Bannix Acquisition Corp. Right
BNIXR
-29,964
Closed -$2.88K
CUTR
6449
DELISTED
Cutera, Inc.
CUTR
-753,094
Closed -$266K
AZPN
6450
DELISTED
Aspen Technology Inc
AZPN
-55,680
Closed -$13.9M

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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.