Millennium Management LLC
Millennium Management LLC is a leading global hedge fund headquartered in New York, NY, United States. Founded in 1989, the firm manages multiple investment strategies across asset classes, focusing primarily on alternative investments for institutional investors and high-net-worth clients. With more than 6,000 employees globally, Millennium operates a multi-manager platform designed to foster strong risk control and consistent risk-adjusted returns. The firm serves institutional investors, public and corporate pension funds, sovereign wealth funds, endowments, and foundations.
Investment Strategy
Millennium Management LLC utilizes a diversified, multi-strategy investment approach by allocating capital to a large number of trading teams and portfolio managers employing distinct strategies across asset classes and geographies. The firm emphasizes a risk-controlled, systematic process, and combines both quantitative and fundamental research to seek alpha generation. Millennium's focus on risk management, technology, and operational efficiency aims to achieve consistent, non-correlated returns for its investors, primarily through alternative strategies such as equity long/short, fixed income, arbitrage, commodities, and systematic macro trading.
Top Holdings
Equity Positions (3,678)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IVV | ISHARES TR | 1.88% | $3.90B | 6,281,763 | $530.64 | $620.90 | -$1.33B |
I IBIT | ISHARES BITCOIN TRUST ETF | 0.63% | $1.31B | 21,434,338 | $44.67 | $61.21 | +$488.7M |
N NVDA | NVIDIA CORPORATION | 0.62% | $1.28B | 8,075,059 | $35.07 | $157.99 | +$275.0M |
M MSFT | MICROSOFT CORP | 0.56% | $1.15B | 2,310,420 | $388.50 | $497.41 | +$456.0M |
A AMZN | AMAZON COM INC | 0.48% | $995.2M | 4,536,051 | $195.10 | $219.39 | +$128.2M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
I IWM | ISHARES TR | Sold | Put | $5.04B | 233,468 | $215.79 | $180.17 | -22,365 | -$65.6M |
N NVDA | NVIDIA CORPORATION | Bought | Put | $4.59B | 290,536 | $157.99 | $50.06 | +35,571 | +$1.83B |
Q QQQ | INVESCO QQQ TR | Bought | Call | $4.28B | 77,640 | $551.64 | $456.84 | +37,842 | +$2.42B |
Q QQQ | INVESCO QQQ TR | Sold | Put | $3.56B | 64,563 | $551.64 | $356.38 | -20,009 | -$404.2M |
M MSFT | MICROSOFT CORP | Bought | Put | $3.02B | 60,720 | $497.41 | $305.28 | +5,753 | +$956.9M |