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 | |
|---|---|---|---|---|---|---|
1426
CALL
Blackstone
BX
$102B
| $20.5M | 0.01% |
146,600
-123,900
| -46% | -$20.1M |
|
1427
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$269M
| $20.4M | 0.01% |
+353,201
| New | +$22.4M |
|
1428
CryoPort
CYRX
$761M
| $20.4M | 0.01% |
3,361,813
-778,056
| -19% | -$5.38M |
|
1429
Blue Bird Corp
BLBD
$2.35B
| $20.4M | 0.01% |
631,375
-142,800
| -18% | -$5.22M |
|
1430
CALL
CSX Corp
CSX
$93.4B
| $20.4M | 0.01% |
694,400
+417,500
| +151% | +$13.3M |
|
|
CFLT
1431
CALL
DELISTED
Confluent
CFLT
| $20.4M | 0.01% |
871,500
+793,600
| +1,019% | +$23M |
|
1432
Cognex
CGNX
$10.9B
| $20.4M | 0.01% |
684,609
-97,967
| -13% | -$3.45M |
|
1433
Otis Worldwide
OTIS
$27.4B
| $20.4M | 0.01% |
197,585
-67,726
| -26% | -$6.62M |
|
1434
PUT
TC Energy
TRP
$70.2B
| $20.4M | 0.01% |
300,000
| – | – |
|
1435
Enovis
ENOV
$1.68B
| $20.4M | 0.01% |
533,167
-39,417
| -7% | -$1.67M |
|
1436
CALL
Arm
ARM
$256B
| $20.4M | 0.01% |
190,700
-31,100
| -14% | -$4.34M |
|
1437
PUT
Devon Energy
DVN
$52.1B
| $20.3M | 0.01% |
543,900
+108,500
| +25% | +$3.85M |
|
1438
Grand Canyon Education
LOPE
$3.79B
| $20.3M | 0.01% |
117,569
+16,704
| +17% | +$2.9M |
|
1439
CALL
Dell
DELL
$262B
| $20.3M | 0.01% |
223,100
+90,300
| +68% | +$9.55M |
|
1440
IHS Holding
IHS
$2.76B
| $20.3M | 0.01% |
3,890,492
+1,485,882
| +62% | +$5.69M |
|
1441
Denali Therapeutics
DNLI
$3.65B
| $20.3M | 0.01% |
1,493,068
+1,088,844
| +269% | +$20.9M |
|
1442
Federated Hermes
FHI
$4.55B
| $20.3M | 0.01% |
497,404
-27,979
| -5% | -$1.09M |
|
1443
Check Point Software Technologies
CHKP
$13B
| $20.3M | 0.01% |
88,962
+87,187
| +4,912% | +$18.5M |
|
1444
VanEck Oil Services ETF
OIH
$2.06B
| $20.3M | 0.01% |
77,340
+36,062
| +87% | +$9.83M |
|
1445
PUT
Lennar Class A
LEN
$19.8B
| $20.3M | 0.01% |
176,600
+163,894
| +1,290% | +$20.5M |
|
1446
CALL
Zoetis
ZTS
$32.4B
| $20.2M | 0.01% |
122,700
+52,300
| +74% | +$8.7M |
|
1447
Icon
ICLR
$12.6B
| $20.2M | 0.01% |
115,439
-110,193
| -49% | -$21.4M |
|
1448
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
| $20.2M | 0.01% |
+208,400
| New | +$21.6M |
|
1449
CALL
Arista Networks
ANET
$227B
| $20.2M | 0.01% |
260,300
+10,500
| +4% | +$1.06M |
|
1450
Performance Food Group
PFGC
$18B
| $20.1M | 0.01% |
256,158
-2,132,808
| -89% | -$178M |
|
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.