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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
VMCAW
6451
CALL
DELISTED
Valuence Merger Corp. I Warrant
VMCAW
-180,000
Closed -$6.32K
LUNRW
6452
CALL
DELISTED
Intuitive Machines, Inc. Warrants
LUNRW
-601,950
Closed -$4.76M
ALTM
6453
DELISTED
Arcadium Lithium plc
ALTM
-8,845,876
Closed -$45.4M
NKGNW
6454
CALL
DELISTED
NKGen Biotech, Inc. Warrants
NKGNW
-30,698
Closed -$3.07K
INFN
6455
DELISTED
Infinera Corporation Common Stock
INFN
-5,452,715
Closed -$37.9M
INFN
6456
PUT
DELISTED
Infinera Corporation Common Stock
INFN
-98,000
Closed -$644K
CFB
6457
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
-172,165
Closed -$2.61M
PFC
6458
DELISTED
Premier Financial Corp. Common Stock
PFC
-76,384
Closed -$1.95M
MTTR
6459
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
-2,362,219
Closed -$11.2M
MTTR
6460
PUT
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
-500,000
Closed -$2.37M
HCP
6461
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
-1,005,207
Closed -$34.4M
NKLA
6462
DELISTED
Nikola Corporation Common Stock
NKLA
-683,270
Closed -$813K
FTIIW
6463
CALL
DELISTED
FutureTech II Acquisition Corp. Warrant
FTIIW
-30,000
Closed -$462
OMGA
6464
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
-520,898
Closed -$388K
GRND.WS
6465
CALL
DELISTED
Grindr Inc. Warrants, each exercisable for one share of Common Stock at an exercise price of $11.50 per share
GRND.WS
-279,908
Closed -$1.89M
NARI
6466
CALL
DELISTED
Inari Medical, Inc. Common Stock
NARI
-95,000
Closed -$4.85M
NARI
6467
DELISTED
Inari Medical, Inc. Common Stock
NARI
-950,510
Closed -$48.5M
BYNOW
6468
CALL
DELISTED
byNordic Acquisition Corporation Warrant
BYNOW
-67,072
Closed -$2.05K
ZUO
6469
DELISTED
Zuora, Inc.
ZUO
-1,486,621
Closed -$14.7M
SILV
6470
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
-1,999,824
Closed -$18.2M
GSMGW
6471
CALL
DELISTED
Cheer Holding, Inc. Warrant expiring 2/13/2025
GSMGW
-400,000
Closed -$480
RFACR
6472
DELISTED
RF Acquisition Corp. Rights
RFACR
-30,000
Closed -$4.69K
CTV
6473
DELISTED
Innovid Corp.
CTV
-1,058,862
Closed -$3.27M
RFACW
6474
CALL
DELISTED
RF Acquisition Corp. Warrants
RFACW
-30,000
Closed -$945
CTV.WS
6475
CALL
DELISTED
Innovid Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share
CTV.WS
-34,949
Closed -$3.84K

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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.