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 |
Applovin
APP
|
+$751M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$692M |
| 3 |
Palantir
PLTR
|
+$434M |
| 4 |
Union Pacific
UNP
|
+$377M |
| 5 |
AbbVie
ABBV
|
+$367M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.74B |
| 2 |
Meta Platforms (Facebook)
META
|
+$602M |
| 3 |
Bank of America
BAC
|
+$600M |
| 4 |
Wells Fargo
WFC
|
+$568M |
| 5 |
Broadcom
AVGO
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.73% |
| 2 | Financials | 7.42% |
| 3 | Healthcare | 6.65% |
| 4 | Industrials | 6.3% |
| 5 | Consumer Discretionary | 5.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2701
CALL
Las Vegas Sands
LVS
$32.3B
| $6.02M | ﹤0.01% |
138,300
+114,600
| +484% | +$4.46M |
|
2702
CALL
Telus
TU
$16.8B
| $6.01M | ﹤0.01% |
275,000
+200,000
| +267% | +$3.1M |
|
2703
Signet Jewelers
SIG
$3.72B
| $6.01M | ﹤0.01% |
75,534
-384,961
| -84% | -$25.6M |
|
2704
Under Armour Class C
UA
$2.85B
| $6M | ﹤0.01% |
924,948
+762,271
| +469% | +$4.5M |
|
2705
CALL
Kimberly-Clark
KMB
$36.6B
| $5.98M | ﹤0.01% |
46,400
-10,900
| -19% | -$1.48M |
|
2706
CALL
Core Scientific
CORZ
$7.01B
| $5.97M | ﹤0.01% |
+350,000
| New | +$3.5M |
|
2707
Employers Holdings
EIG
$941M
| $5.97M | ﹤0.01% |
126,554
+121,902
| +2,620% | +$5.88M |
|
2708
PUT
Main Street Capital
MAIN
$5.06B
| $5.97M | ﹤0.01% |
101,000
+48,700
| +93% | +$2.69M |
|
2709
PUT
Samsara
IOT
$20.9B
| $5.97M | ﹤0.01% |
+150,000
| New | +$6.2M |
|
2710
JELD-WEN Holding
JELD
$117M
| $5.95M | ﹤0.01% |
1,517,243
+614,441
| +68% | +$2.74M |
|
2711
PUT
General Mills
GIS
$19.4B
| $5.94M | ﹤0.01% |
114,700
-17,900
| -13% | -$988K |
|
2712
Stock Yards Bancorp
SYBT
$2.54B
| $5.93M | ﹤0.01% |
75,103
+66,375
| +760% | +$4.85M |
|
2713
Lionsgate Studios
LION
$3.98B
| $5.91M | ﹤0.01% |
1,017,659
-973,856
| -49% | -$6.52M |
|
2714
Park Hotels & Resorts
PK
$3.03B
| $5.9M | ﹤0.01% |
576,996
+53,145
| +10% | +$541K |
|
2715
REX American Resources
REX
$1.44B
| $5.9M | ﹤0.01% |
+242,066
| New | +$5.11M |
|
2716
CALL
Gen Digital
GEN
$16.3B
| $5.88M | ﹤0.01% |
+200,000
| New | +$5.47M |
|
2717
PUT
Ferrari
RACE
$69.9B
| $5.88M | ﹤0.01% |
13,500
-7,400
| -35% | -$3.44M |
|
2718
Washington Trust Bancorp
WASH
$748M
| $5.88M | ﹤0.01% |
207,832
+5,440
| +3% | +$151K |
|
2719
PUT
TransAlta
TAC
$4.06B
| $5.88M | ﹤0.01% |
+400,000
| New | +$3.81M |
|
|
UDMY
2720
DELISTED
Udemy
UDMY
| $5.86M | ﹤0.01% |
833,606
+79,824
| +11% | +$551K |
|
2721
Costamare
CMRE
$1.87B
| $5.86M | ﹤0.01% |
643,022
+25,624
| +4% | +$228K |
|
2722
CALL
Lincoln National
LNC
$8.8B
| $5.85M | ﹤0.01% |
+169,100
| New | +$5.53M |
|
|
HIVE
2723
HIVE Digital Technologies
HIVE
$802M
| $5.85M | ﹤0.01% |
3,248,473
+1,595,519
| +97% | +$2.81M |
|
2724
Bloom Energy
BE
$61B
| $5.84M | ﹤0.01% |
243,991
-746,181
| -75% | -$14.4M |
|
2725
Sotera Health
SHC
$5.09B
| $5.83M | ﹤0.01% |
524,562
+500,034
| +2,039% | +$5.86M |
|
Similar funds
Millennium Management's Q2 2025 Portfolio in Review
As of Q2 2025, Millennium Management held 6,516 positions worth $207B, up 10% from $188B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management's Q2 2025 filing shows 738 new, 2,295 increased, 2,418 reduced and 712 closed positions. Its largest new stake was Bank of America Series L: 164,000 shares worth $197K. The largest sale was iShares Core S&P 500 ETF, an estimated $1.74B.
By sector, the portfolio is most concentrated in Technology at 8.7% of assets, up from 7.8% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q2 2025 buy was Bank of America Series L: 164,000 shares worth $197K.
- Millennium Management added most to Applovin in Q2 2025, an estimated $751M increase.
- Millennium Management's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.74B.
- Millennium Management fully exited Discover Financial Services in Q2 2025, selling an estimated $282M.
- Millennium Management's ten largest holdings make up 16% of its $207B portfolio in Q2 2025.
- Millennium Management opened 738 new positions and closed 712 in Q2 2025.
- Millennium Management's portfolio value rose 10% quarter-over-quarter to $207B.
Based on Millennium Management's 13F filing for Q2 2025, filed 14 Aug 2025.