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 | |
|---|---|---|---|---|---|---|
2676
CALL
CleanSpark
CLSK
$3.16B
| $6.92M | ﹤0.01% |
477,300
-194,100
| -29% | -$2.19M |
|
2677
Vishay Intertechnology
VSH
$5.43B
| $6.9M | ﹤0.01% |
450,985
-270,700
| -38% | -$4.29M |
|
2678
Astec Industries
ASTE
$1.02B
| $6.9M | ﹤0.01% |
143,320
-20,995
| -13% | -$918K |
|
2679
PUT
CME Group
CME
$94.8B
| $6.89M | ﹤0.01% |
25,500
+7,300
| +40% | +$1.99M |
|
2680
Verra Mobility
VRRM
$744M
| $6.88M | ﹤0.01% |
278,595
+38,124
| +16% | +$943K |
|
2681
EyePoint Inc
EYPT
$1.2B
| $6.88M | ﹤0.01% |
483,054
+444,905
| +1,166% | +$5.12M |
|
2682
Lightwave Logic
LWLG
$1.25B
| $6.88M | ﹤0.01% |
1,853,865
-1,050,603
| -36% | -$2.71M |
|
|
ARIS
2683
Aris Mining
ARIS
$3.59B
| $6.87M | ﹤0.01% |
701,400
-542,664
| -44% | -$4.33M |
|
|
TGB
2684
Trekor Metals
TGB
$3.05B
| $6.86M | ﹤0.01% |
1,621,674
+78,146
| +5% | +$266K |
|
2685
Bio-Rad Laboratories Class A
BIO
$9.42B
| $6.86M | ﹤0.01% |
24,455
-227,393
| -90% | -$61.9M |
|
2686
L3Harris
LHX
$53.4B
| $6.85M | ﹤0.01% |
22,427
+15,870
| +242% | +$4.34M |
|
2687
Janus International
JBI
$757M
| $6.85M | ﹤0.01% |
693,962
+653,290
| +1,606% | +$6.3M |
|
2688
Playtika
PLTK
$1.12B
| $6.85M | ﹤0.01% |
1,760,186
-438,616
| -20% | -$1.79M |
|
2689
PUT
APA Corp
APA
$13.3B
| $6.84M | ﹤0.01% |
281,900
+60,400
| +27% | +$1.28M |
|
2690
Spyre Therapeutics
SYRE
$9.25B
| $6.84M | ﹤0.01% |
+408,199
| New | +$6.66M |
|
2691
CALL
Spotify
SPOT
$100B
| $6.84M | ﹤0.01% |
9,800
+2,300
| +31% | +$1.61M |
|
|
RC
2692
Ready Capital
RC
$308M
| $6.84M | ﹤0.01% |
1,766,865
+527,639
| +43% | +$2.23M |
|
|
XIFR
2693
XPLR Infrastructure LP
XIFR
$1.08B
| $6.83M | ﹤0.01% |
672,014
-299,503
| -31% | -$2.9M |
|
2694
PUT
Bilibili
BILI
$7.84B
| $6.83M | ﹤0.01% |
243,300
-209,000
| -46% | -$5.01M |
|
2695
Box
BOX
$4.6B
| $6.83M | ﹤0.01% |
211,774
+45,845
| +28% | +$1.48M |
|
2696
Kforce
KFRC
$1.06B
| $6.83M | ﹤0.01% |
227,848
-23,605
| -9% | -$836K |
|
2697
CALL
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $6.82M | ﹤0.01% |
+26,600
| New | +$6.51M |
|
2698
Central Garden & Pet Co
CENT
$2.8B
| $6.82M | ﹤0.01% |
208,879
-210,525
| -50% | -$7.76M |
|
2699
United States Lime & Minerals
USLM
$3.44B
| $6.81M | ﹤0.01% |
51,792
-105,058
| -67% | -$12.1M |
|
|
TSSI
2700
TSS Inc
TSSI
$316M
| $6.81M | ﹤0.01% |
375,853
-14,544
| -4% | -$291K |
|
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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.