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 | |
|---|---|---|---|---|---|---|
2751
CALL
Guardant Health
GH
$20.2B
| $5.71M | ﹤0.01% |
109,700
+90,000
| +457% | +$4.02M |
|
2752
PUT
Ross Stores
ROST
$81B
| $5.7M | ﹤0.01% |
44,700
-59,200
| -57% | -$8.22M |
|
2753
CALL
Ferrari
RACE
$69.9B
| $5.68M | ﹤0.01% |
13,100
-4,700
| -26% | -$2.18M |
|
2754
CALL
Entergy
ETR
$50.4B
| $5.68M | ﹤0.01% |
68,300
-76,600
| -53% | -$6.33M |
|
2755
Transocean
RIG
$5.62B
| $5.67M | ﹤0.01% |
2,190,482
+1,426,683
| +187% | +$3.68M |
|
2756
Box
BOX
$4.31B
| $5.67M | ﹤0.01% |
165,929
+156,782
| +1,714% | +$5.14M |
|
2757
BCE
BCE
$20.2B
| $5.67M | ﹤0.01% |
+255,639
| New | +$5.59M |
|
2758
Universal Display
OLED
$3.76B
| $5.66M | ﹤0.01% |
36,637
+6,906
| +23% | +$967K |
|
2759
PUT
Li Auto
LI
$14B
| $5.66M | ﹤0.01% |
208,600
-317,400
| -60% | -$8.38M |
|
|
ABX
2760
Abacus Global Management
ABX
$1B
| $5.65M | ﹤0.01% |
1,098,943
+942,201
| +601% | +$6.96M |
|
2761
PUT
JetBlue
JBLU
$2.29B
| $5.65M | ﹤0.01% |
1,334,800
-46,000
| -3% | -$206K |
|
|
TACHU
2762
Titan Acquisition Corp Units
TACHU
| $5.64M | ﹤0.01% |
+540,000
| New | +$5.45M |
|
|
MRC
2763
DELISTED
MRC Global
MRC
| $5.64M | ﹤0.01% |
411,572
+334,635
| +435% | +$4.04M |
|
2764
PUT
Credo Technology Group
CRDO
$37.5B
| $5.64M | ﹤0.01% |
60,900
-27,400
| -31% | -$1.6M |
|
2765
PUT
Realty Income
O
$60.1B
| $5.63M | ﹤0.01% |
97,800
+65,300
| +201% | +$3.69M |
|
|
PPBI
2766
DELISTED
Pacific Premier Bancorp
PPBI
| $5.62M | ﹤0.01% |
266,603
-430,319
| -62% | -$8.95M |
|
|
SVCC
2767
Stellar V Capital Corp
SVCC
$230M
| $5.62M | ﹤0.01% |
+550,000
| New | +$5.55M |
|
2768
CarGurus
CARG
$3.25B
| $5.61M | ﹤0.01% |
167,695
+103,494
| +161% | +$3.12M |
|
2769
Zevra Therapeutics
ZVRA
$570M
| $5.59M | ﹤0.01% |
634,820
+526,119
| +484% | +$4.27M |
|
2770
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $5.58M | ﹤0.01% |
+181,810
| New | +$5.47M |
|
2771
Huntsman Corp
HUN
$2.12B
| $5.58M | ﹤0.01% |
535,033
-180,290
| -25% | -$2.2M |
|
2772
CALL
Celanese
CE
$4.91B
| $5.57M | ﹤0.01% |
100,700
-102,300
| -50% | -$5.1M |
|
2773
Ituran Location and Control
ITRN
$1.1B
| $5.57M | ﹤0.01% |
143,837
-55,345
| -28% | -$1.99M |
|
2774
D-Wave Quantum Inc. Common Stock
QBTS
$6.66B
| $5.57M | ﹤0.01% |
380,477
+344,168
| +948% | +$4.05M |
|
2775
Martin Marietta Materials
MLM
$32.4B
| $5.57M | ﹤0.01% |
10,143
+633
| +7% | +$335K |
|
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.