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 | |
|---|---|---|---|---|---|---|
2276
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $8.31M | ﹤0.01% |
+101,700
| New | +$8.12M |
|
2277
Opendoor
OPEN
$3.82B
| $8.3M | ﹤0.01% |
8,405,812
+8,300,472
| +7,880% | +$10.9M |
|
2278
BridgeBio Pharma
BBIO
$15.8B
| $8.29M | ﹤0.01% |
239,920
+128,849
| +116% | +$4.34M |
|
2279
Northwest Bancshares
NWBI
$2.32B
| $8.29M | ﹤0.01% |
689,817
+391,875
| +132% | +$4.96M |
|
2280
CALL
Chewy
CHWY
$9.35B
| $8.24M | ﹤0.01% |
253,600
+186,300
| +277% | +$6.68M |
|
|
FLG
2281
CALL
Flagstar Bank National Association
FLG
$5.98B
| $8.21M | ﹤0.01% |
2,901,800
+2,848,600
| +5,355% | +$32M |
|
2282
Cemex
CX
$17.2B
| $8.2M | ﹤0.01% |
1,461,639
-8,080,068
| -85% | -$48.9M |
|
2283
TPG
TPG
$7.22B
| $8.2M | ﹤0.01% |
172,790
-2,071,025
| -92% | -$121M |
|
2284
PUT
Alcoa
AA
$11.7B
| $8.2M | ﹤0.01% |
268,700
+102,300
| +61% | +$3.58M |
|
2285
Radware
RDWR
$1.13B
| $8.19M | ﹤0.01% |
379,004
-234,791
| -38% | -$5.25M |
|
2286
PUT
Sherwin-Williams
SHW
$85.6B
| $8.17M | ﹤0.01% |
23,400
+5,300
| +29% | +$1.86M |
|
2287
PUT
Agilent Technologies
A
$39.3B
| $8.17M | ﹤0.01% |
69,800
+65,300
| +1,451% | +$8.8M |
|
2288
CALL
Nu Holdings
NU
$69.4B
| $8.16M | ﹤0.01% |
797,200
-1,159,000
| -59% | -$13.7M |
|
2289
CALL
Kimberly-Clark
KMB
$36.9B
| $8.15M | ﹤0.01% |
57,300
+5,900
| +11% | +$795K |
|
2290
Henry Schein
HSIC
$9.95B
| $8.15M | ﹤0.01% |
118,963
-378,591
| -76% | -$28M |
|
2291
Universal Insurance Holdings
UVE
$1.24B
| $8.15M | ﹤0.01% |
343,786
+217,184
| +172% | +$4.48M |
|
2292
CGI
GIB
$15.3B
| $8.14M | ﹤0.01% |
81,470
+72,277
| +786% | +$7.92M |
|
2293
CALL
Allstate
ALL
$68.2B
| $8.14M | ﹤0.01% |
39,300
+36,100
| +1,128% | +$7.03M |
|
2294
Ginkgo Bioworks
DNA
$536M
| $8.14M | ﹤0.01% |
1,427,600
+757,535
| +113% | +$7.72M |
|
2295
Helix Energy Solutions
HLX
$1.37B
| $8.13M | ﹤0.01% |
978,609
-718,518
| -42% | -$6.05M |
|
2296
Goodyear
GT
$2.03B
| $8.12M | ﹤0.01% |
879,187
+89,492
| +11% | +$818K |
|
|
BEAGU
2297
Bold Eagle Acquisition Corp Units
BEAGU
| $8.11M | ﹤0.01% |
785,915
-580,346
| -42% | -$5.93M |
|
2298
PUT
Albertsons Companies
ACI
$5.7B
| $8.1M | ﹤0.01% |
368,400
+329,900
| +857% | +$6.81M |
|
2299
PUT
Ciena
CIEN
$52.5B
| $8.09M | ﹤0.01% |
133,800
+98,700
| +281% | +$7.8M |
|
2300
Atmus Filtration Technologies
ATMU
$4.34B
| $8.07M | ﹤0.01% |
219,639
+32,727
| +18% | +$1.29M |
|
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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.