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 | |
|---|---|---|---|---|---|---|
|
CBLL
2401
CeriBell Inc
CBLL
$687M
| $7.24M | ﹤0.01% |
376,899
-126,796
| -25% | -$2.82M |
|
2402
iShare MSCI Eurozone ETF
EZU
$9.73B
| $7.23M | ﹤0.01% |
+135,764
| New | +$7.05M |
|
2403
Navigator Holdings
NVGS
$1.36B
| $7.22M | ﹤0.01% |
542,756
+76,287
| +16% | +$1.19M |
|
2404
Ituran Location and Control
ITRN
$1.1B
| $7.2M | ﹤0.01% |
199,182
-29,355
| -13% | -$1.06M |
|
2405
PC Connection
CNXN
$2.17B
| $7.19M | ﹤0.01% |
115,237
+57,257
| +99% | +$3.8M |
|
2406
CALL
Simon Property Group
SPG
$74.4B
| $7.19M | ﹤0.01% |
43,300
+2,600
| +6% | +$454K |
|
2407
Cognyte Software
CGNT
$674M
| $7.19M | ﹤0.01% |
921,853
+465,307
| +102% | +$4.24M |
|
2408
PUT
Veralto
VLTO
$23.1B
| $7.17M | ﹤0.01% |
+73,600
| New | +$7.35M |
|
2409
PUT
Nextpower Inc
NXT
$13.8B
| $7.17M | ﹤0.01% |
+170,200
| New | +$7.57M |
|
|
PRA
2410
DELISTED
ProAssurance
PRA
| $7.16M | ﹤0.01% |
306,540
+197,663
| +182% | +$3.2M |
|
2411
CALL
3M
MMM
$91.3B
| $7.15M | ﹤0.01% |
48,700
-59,300
| -55% | -$8.71M |
|
2412
PUT
Advance Auto Parts
AAP
$3.36B
| $7.15M | ﹤0.01% |
182,400
+95,800
| +111% | +$4.11M |
|
2413
PUT
CDW
CDW
$19B
| $7.15M | ﹤0.01% |
44,600
+28,000
| +169% | +$5.09M |
|
2414
Remitly
RELY
$5.07B
| $7.14M | ﹤0.01% |
343,352
+124,798
| +57% | +$2.86M |
|
2415
CALL
Nutanix
NTNX
$16.5B
| $7.14M | ﹤0.01% |
102,300
+98,700
| +2,742% | +$6.83M |
|
2416
Amkor Technology
AMKR
$12.6B
| $7.12M | ﹤0.01% |
393,995
+332,805
| +544% | +$7.52M |
|
2417
CALL
Coherent
COHR
$56.8B
| $7.11M | ﹤0.01% |
109,500
+400
| +0.4% | +$33.1K |
|
|
BEAG
2418
Bold Eagle Acquisition Corp
BEAG
$334M
| $7.1M | ﹤0.01% |
+699,502
| New | +$6.98M |
|
2419
CALL
Jabil
JBL
$33.5B
| $7.09M | ﹤0.01% |
52,100
+7,000
| +16% | +$1.08M |
|
|
SHOE
2420
Shoe Station Group
SHOE
$414M
| $7.08M | ﹤0.01% |
321,764
+219,918
| +216% | +$5.56M |
|
2421
CALL
BioMarin Pharmaceuticals
BMRN
$11.6B
| $7.07M | ﹤0.01% |
100,000
+59,500
| +147% | +$4M |
|
|
AACBU
2422
Artius II Acquisition Inc Units
AACBU
| $7.05M | ﹤0.01% |
+700,000
| New | +$7.03M |
|
2423
CALL
Air Products & Chemicals
APD
$65B
| $7.05M | ﹤0.01% |
23,900
-4,400
| -16% | -$1.36M |
|
|
WNS
2424
DELISTED
WNS Holdings
WNS
| $7.03M | ﹤0.01% |
114,386
+105,316
| +1,161% | +$6.01M |
|
2425
QCR Holdings
QCRH
$1.71B
| $7.03M | ﹤0.01% |
98,583
+54,678
| +125% | +$4.17M |
|
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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.