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 |
NVIDIA
NVDA
|
+$1.78B |
| 2 |
Apple
AAPL
|
+$1.13B |
| 3 |
ETHA
iShares Ethereum Trust ETF
ETHA
|
+$834M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$784M |
| 5 |
Norfolk Southern
NSC
|
+$613M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applovin
APP
|
+$1.19B |
| 2 |
Palantir
PLTR
|
+$742M |
| 3 |
HES
Hess
HES
|
+$478M |
| 4 |
Oracle
ORCL
|
+$465M |
| 5 |
Thomson Reuters
TRI
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.28% |
| 2 | Financials | 7.68% |
| 3 | Healthcare | 6.5% |
| 4 | Industrials | 5.87% |
| 5 | Consumer Discretionary | 4.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Sabre
SABR
$818M
| $7.77M | ﹤0.01% |
4,248,540
+3,881,379
| +1,057% | +$9.15M |
|
2552
Dr. Reddy's Laboratories
RDY
$10.2B
| $7.77M | ﹤0.01% |
555,859
-973,136
| -64% | -$14M |
|
2553
Atlanta Braves Holdings Series A
BATRA
$3.43B
| $7.77M | ﹤0.01% |
170,861
-14,170
| -8% | -$670K |
|
2554
DoubleVerify
DV
$2.03B
| $7.77M | ﹤0.01% |
648,358
-1,212,819
| -65% | -$18M |
|
2555
Corpay
CPAY
$25.7B
| $7.75M | ﹤0.01% |
26,914
+19,291
| +253% | +$6.15M |
|
|
VMEO
2556
DELISTED
Vimeo
VMEO
| $7.75M | ﹤0.01% |
999,949
-835,980
| -46% | -$4.11M |
|
2557
Winmark
WINA
$1.32B
| $7.74M | ﹤0.01% |
15,549
+9,545
| +159% | +$4.1M |
|
2558
PUT
Peabody Energy
BTU
$2.9B
| $7.74M | ﹤0.01% |
291,700
+224,300
| +333% | +$4M |
|
|
WW
2559
WW International
WW
$181M
| $7.73M | ﹤0.01% |
+282,435
| New | +$9.71M |
|
2560
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $7.72M | ﹤0.01% |
317,932
+267,484
| +530% | +$8.21M |
|
2561
Royal Caribbean
RCL
$85.6B
| $7.72M | ﹤0.01% |
+23,850
| New | +$7.97M |
|
2562
SiriusXM
SIRI
$10.1B
| $7.72M | ﹤0.01% |
331,551
-1,786,520
| -84% | -$41.3M |
|
2563
CALL
Altria Group
MO
$114B
| $7.72M | ﹤0.01% |
116,800
-509,600
| -81% | -$32.3M |
|
2564
PUT
Carrier Global
CARR
$52.8B
| $7.71M | ﹤0.01% |
129,100
+55,500
| +75% | +$3.77M |
|
|
BLUW
2565
Blue Water Acquisition Corp III
BLUW
$335M
| $7.7M | ﹤0.01% |
+772,800
| New | +$7.71M |
|
2566
CALL
Illumina
ILMN
$28.4B
| $7.7M | ﹤0.01% |
81,100
+69,800
| +618% | +$6.92M |
|
2567
CALL
Sable Offshore Corp
SOC
$911M
| $7.69M | ﹤0.01% |
440,400
+235,100
| +115% | +$6.03M |
|
|
VRE
2568
DELISTED
Veris Residential
VRE
| $7.69M | ﹤0.01% |
505,734
+180,464
| +55% | +$2.68M |
|
2569
Rollins
ROL
$18.2B
| $7.68M | ﹤0.01% |
130,796
+80,376
| +159% | +$4.57M |
|
2570
Eastman Chemical
EMN
$8.42B
| $7.67M | ﹤0.01% |
121,717
-404,906
| -77% | -$28.3M |
|
2571
CALL
Realty Income
O
$59.1B
| $7.67M | ﹤0.01% |
126,200
-8,800
| -7% | -$513K |
|
2572
PUT
Fastenal
FAST
$59.5B
| $7.66M | ﹤0.01% |
156,300
-41,000
| -21% | -$1.94M |
|
2573
Compass Diversified
CODI
$828M
| $7.66M | ﹤0.01% |
1,157,141
+509,040
| +79% | +$3.51M |
|
|
CBLL
2574
CeriBell Inc
CBLL
$714M
| $7.66M | ﹤0.01% |
666,448
+196,299
| +42% | +$2.65M |
|
2575
CALL
Ford
F
$55.7B
| $7.65M | ﹤0.01% |
640,000
-115,200
| -15% | -$1.33M |
|
Similar funds
Millennium Management's Q3 2025 Portfolio in Review
As of Q3 2025, Millennium Management held 6,610 positions worth $234B, up 13% from $207B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management's Q3 2025 filing shows 800 new, 2,296 increased, 2,513 reduced and 633 closed positions. Its largest new stake was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M. The largest sale was Applovin, an estimated $1.19B.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q3 2025 buy was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M.
- Millennium Management added most to NVIDIA in Q3 2025, an estimated $1.78B increase.
- Millennium Management's biggest Q3 2025 reduction was Applovin, cutting an estimated $1.19B.
- Millennium Management fully exited Hess in Q3 2025, selling an estimated $478M.
- Millennium Management's ten largest holdings make up 18% of its $234B portfolio in Q3 2025.
- Millennium Management opened 800 new positions and closed 633 in Q3 2025.
- Millennium Management's portfolio value rose 13% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q3 2025, filed 14 Nov 2025.