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 | |
|---|---|---|---|---|---|---|
1726
O-I Glass
OI
$1.1B
| $14.9M | 0.01% |
1,299,409
-158,693
| -11% | -$1.81M |
|
1727
Lionsgate Studios
LION
$3.95B
| $14.9M | 0.01% |
1,991,515
+837,774
| +73% | +$6.55M |
|
|
PPBI
1728
DELISTED
Pacific Premier Bancorp
PPBI
| $14.9M | 0.01% |
696,922
+9,742
| +1% | +$232K |
|
1729
Apogee Enterprises
APOG
$826M
| $14.8M | 0.01% |
320,220
+292,952
| +1,074% | +$15M |
|
1730
Stride
LRN
$3.41B
| $14.8M | 0.01% |
117,153
-145,638
| -55% | -$18.4M |
|
1731
PUT
Booz Allen Hamilton
BAH
$8.39B
| $14.8M | 0.01% |
141,500
+122,900
| +661% | +$14.8M |
|
1732
PUT
American Tower
AMT
$80.8B
| $14.8M | 0.01% |
68,000
+20,900
| +44% | +$4.1M |
|
1733
CALL
International Paper
IP
$21.6B
| $14.8M | 0.01% |
277,200
+264,600
| +2,100% | +$14.5M |
|
1734
SS&C Technologies
SSNC
$18.1B
| $14.8M | 0.01% |
176,630
+137,301
| +349% | +$11.4M |
|
1735
First Financial Bancorp
FFBC
$3.55B
| $14.7M | 0.01% |
589,799
+22,227
| +4% | +$594K |
|
1736
PUT
Travelers Companies
TRV
$78.1B
| $14.7M | 0.01% |
55,500
+44,400
| +400% | +$11.1M |
|
1737
TJX Companies
TJX
$174B
| $14.7M | 0.01% |
120,488
-1,087,838
| -90% | -$132M |
|
|
OPTU
1738
Optimum Communications Inc
OPTU
$298M
| $14.7M | 0.01% |
5,516,311
+524,169
| +10% | +$1.42M |
|
1739
ZTO Express
ZTO
$18.3B
| $14.7M | 0.01% |
739,251
+472,684
| +177% | +$9.23M |
|
1740
CALL
Reddit
RDDT
$27.1B
| $14.7M | 0.01% |
139,800
+137,000
| +4,893% | +$22.6M |
|
1741
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.65B
| $14.6M | 0.01% |
110,986
-639
| -0.6% | -$85.7K |
|
1742
Marriott International
MAR
$98.3B
| $14.6M | 0.01% |
61,352
-11,449
| -16% | -$3.11M |
|
1743
CALL
Williams Companies
WMB
$87.5B
| $14.6M | 0.01% |
244,300
-157,200
| -39% | -$9M |
|
1744
CG Oncology
CGON
$6.28B
| $14.6M | 0.01% |
596,056
+347,055
| +139% | +$9.76M |
|
1745
CALL
Dollar General
DG
$28B
| $14.6M | 0.01% |
166,000
-32,000
| -16% | -$2.42M |
|
1746
Methanex
MEOH
$4.3B
| $14.6M | 0.01% |
415,609
-739,043
| -64% | -$33.2M |
|
|
FNA
1747
DELISTED
Paragon 28, Inc.
FNA
| $14.6M | 0.01% |
1,115,290
+766,984
| +220% | +$9.55M |
|
1748
Organon & Co
OGN
$3.56B
| $14.6M | 0.01% |
977,743
+958,827
| +5,069% | +$14.7M |
|
1749
Integer Holdings
ITGR
$4.12B
| $14.5M | 0.01% |
123,132
+118,224
| +2,409% | +$15.5M |
|
1750
Sibanye-Stillwater
SBSW
$6.26B
| $14.5M | 0.01% |
3,171,659
+2,487,648
| +364% | +$9.43M |
|
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.