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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
ROIC
6476
DELISTED
Retail Opportunity Investments Corp.
ROIC
-1,364,688
Closed -$23.7M
EVGRW
6477
CALL
DELISTED
Evergreen Corporation Warrant
EVGRW
-30,000
Closed -$832
SUM
6478
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
-1,333,349
Closed -$67.5M
RVNC
6479
DELISTED
Revance Therapeutics, Inc.
RVNC
-1,551,372
Closed -$4.72M
CDMO
6480
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
-375,049
Closed -$4.63M
AE
6481
DELISTED
Adams Resources & Energy Inc
AE
-5,310
Closed -$200K
BCOV
6482
DELISTED
Brightcove, Inc.
BCOV
-267,834
Closed -$1.17M
ENLC
6483
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
-1,003,396
Closed -$14.2M
HTLF
6484
DELISTED
Heartland Financial USA, Inc.
HTLF
-280,976
Closed -$17.2M
HYZNW
6485
CALL
DELISTED
Hyzon Motors Inc. Warrants
HYZNW
-300,000
Closed -$1.5K
B
6486
DELISTED
Barnes Group Inc.
B
-241,525
Closed -$11.4M
SMAR
6487
CALL
DELISTED
Smartsheet Inc.
SMAR
-4,000
Closed -$224K
SMAR
6488
DELISTED
Smartsheet Inc.
SMAR
-1,654,225
Closed -$92.7M
USAP
6489
DELISTED
Universal Stainless & Alloy
USAP
-184,519
Closed -$8.12M
PPYAW
6490
CALL
DELISTED
Papaya Growth Opportunity Corp. I Warrant
PPYAW
-187,500
Closed -$3.77K
BRACR
6491
DELISTED
Broad Capital Acquisition Corp Rights
BRACR
-30,000
Closed -$4.31K
GATO
6492
DELISTED
Gatos Silver, Inc.
GATO
-845,861
Closed -$11.8M
PSTX
6493
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
-136,116
Closed -$1.31M
ASAI
6494
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
-29,660
Closed -$133K
OBDE
6495
DELISTED
Blue Owl Capital Corporation III
OBDE
-514,481
Closed -$7.42M
PFIE
6496
DELISTED
Profire Energy, Inc
PFIE
-373,389
Closed -$948K
EVTL.WS
6497
CALL
DELISTED
Vertical Aerospace Ltd. Warrants, each whole warrant exercisable for 1/10th of an ordinary share at an exercise price of $115.00 per share
EVTL.WS
-553,489
Closed -$15.6K
PLAOW
6498
CALL
DELISTED
Patria Latin American Opportunity Acquisition Corp. Warrant
PLAOW
-250,000
Closed -$9.43K
ME
6499
DELISTED
23andMe Holding Co
ME
-221,480
Closed -$720K
HYZN
6500
DELISTED
Hyzon Motors Inc. Class A Common Stock
HYZN
-15,964
Closed -$16.8K

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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.