Millennium Management Portfolio holdings
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.22B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 3 |
Danaher
DHR
|
+$293M |
| 4 |
Linde
LIN
|
+$281M |
| 5 |
Carlyle Group
CG
|
+$268M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$926M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$770M |
| 3 |
iShares Bitcoin Trust
IBIT
|
+$649M |
| 4 |
Meta Platforms (Facebook)
META
|
+$641M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$462M |
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 | |
|---|---|---|---|---|---|---|
|
MRUS
1276
DELISTED
Merus
MRUS
| $24.7M | 0.01% |
586,434
-297,131
| -34% | -$13M |
|
1277
GitLab
GTLB
$5.83B
| $24.6M | 0.01% |
523,735
+67,802
| +15% | +$4.15M |
|
1278
Cousins Properties
CUZ
$5.19B
| $24.6M | 0.01% |
833,559
-399,491
| -32% | -$12M |
|
1279
CALL
Prudential Financial
PRU
$42.4B
| $24.5M | 0.01% |
219,700
+59,500
| +37% | +$6.78M |
|
1280
Badger Meter
BMI
$3.89B
| $24.5M | 0.01% |
128,961
+119,333
| +1,239% | +$24.9M |
|
|
SLNO
1281
PUT
DELISTED
Soleno Therapeutics
SLNO
| $24.4M | 0.01% |
341,800
+336,800
| +6,736% | +$16.4M |
|
|
STEL
1282
DELISTED
Stellar Bancorp
STEL
| $24.4M | 0.01% |
882,431
+98,224
| +13% | +$2.77M |
|
1283
DigitalBridge
DBRG
$2.93B
| $24.4M | 0.01% |
2,767,257
+1,247,262
| +82% | +$13.1M |
|
1284
PUT
Take-Two Interactive
TTWO
$45.4B
| $24.4M | 0.01% |
117,700
+25,600
| +28% | +$5.12M |
|
1285
PUT
NIO
NIO
$12.2B
| $24.3M | 0.01% |
6,388,900
-50,200
| -0.8% | -$221K |
|
|
SEI
1286
Solaris Energy Infrastructure
SEI
$3.15B
| $24.3M | 0.01% |
1,118,325
+846,734
| +312% | +$23.5M |
|
|
PTVE
1287
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $24.3M | 0.01% |
1,350,925
+835,096
| +162% | +$14.8M |
|
1288
CALL
Becton Dickinson
BDX
$45.6B
| $24.3M | 0.01% |
106,200
-6,700
| -6% | -$1.55M |
|
1289
TotalEnergies
TTE
$195B
| $24.3M | 0.01% |
375,128
-243,211
| -39% | -$14.7M |
|
1290
PUT
Electronic Arts
EA
$53B
| $24.3M | 0.01% |
167,800
+113,200
| +207% | +$15.3M |
|
1291
Penske Automotive Group
PAG
$14.3B
| $24.2M | 0.01% |
167,905
+39,622
| +31% | +$6.35M |
|
1292
CALL
General Mills
GIS
$19.1B
| $24.1M | 0.01% |
403,100
+290,300
| +257% | +$17.4M |
|
1293
Citizens Financial Group
CFG
$30.3B
| $24.1M | 0.01% |
587,979
-133,004
| -18% | -$5.93M |
|
1294
Millicom
TIGO
$16B
| $24.1M | 0.01% |
795,361
+729,986
| +1,117% | +$20.1M |
|
1295
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $24M | 0.01% |
45,000
+25,000
| +125% | +$14.2M |
|
1296
Zscaler
ZS
$24.5B
| $23.9M | 0.01% |
120,646
-174,334
| -59% | -$34.7M |
|
1297
AES
AES
$10.5B
| $23.9M | 0.01% |
1,927,167
-4,698,427
| -71% | -$54.4M |
|
1298
PUT
American Airlines Group
AAL
$10.1B
| $23.9M | 0.01% |
2,268,000
+661,500
| +41% | +$9.96M |
|
1299
Chevron
CVX
$392B
| $23.9M | 0.01% |
142,961
-125,164
| -47% | -$19.6M |
|
1300
AvalonBay Communities
AVB
$26.5B
| $23.8M | 0.01% |
111,108
-123,213
| -53% | -$26.7M |
|
Similar funds
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.