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 | |
|---|---|---|---|---|---|---|
2876
Monro
MNRO
$394M
| $5.85M | ﹤0.01% |
325,813
-131,530
| -29% | -$2.16M |
|
2877
Innovative Industrial Properties
IIPR
$1.71B
| $5.85M | ﹤0.01% |
109,227
-131,585
| -55% | -$7.15M |
|
|
OSG
2878
Octave Specialty Group
OSG
$225M
| $5.85M | ﹤0.01% |
700,895
-295,146
| -30% | -$2.49M |
|
|
FIG
2879
PUT
Figma
FIG
$12.5B
| $5.84M | ﹤0.01% |
+112,500
| New | +$7.72M |
|
|
OKLO
2880
Oklo
OKLO
$8.43B
| $5.83M | ﹤0.01% |
52,230
+40,074
| +330% | +$3.14M |
|
2881
CALL
General Mills
GIS
$19.5B
| $5.81M | ﹤0.01% |
115,300
+14,600
| +14% | +$732K |
|
2882
AtaiBeckley Inc
ATAI
$2.68B
| $5.81M | ﹤0.01% |
1,097,768
-90,397
| -8% | -$367K |
|
2883
PUT
Global Payments
GPN
$22.4B
| $5.8M | ﹤0.01% |
69,800
+57,900
| +487% | +$4.88M |
|
2884
Seneca Foods Class A
SENEA
$1.16B
| $5.79M | ﹤0.01% |
53,608
+17,271
| +48% | +$1.83M |
|
2885
Virtus Investment Partners
VRTS
$1.11B
| $5.77M | ﹤0.01% |
30,377
+20,470
| +207% | +$4.03M |
|
|
EXAS
2886
CALL
DELISTED
Exact Sciences
EXAS
| $5.77M | ﹤0.01% |
+105,400
| New | +$5.27M |
|
2887
Northwest Bancshares
NWBI
$2.28B
| $5.76M | ﹤0.01% |
464,815
-354,471
| -43% | -$4.46M |
|
2888
Century Communities
CCS
$2.03B
| $5.76M | ﹤0.01% |
90,854
+65,656
| +261% | +$4.14M |
|
2889
National Presto Industries
NPK
$978M
| $5.76M | ﹤0.01% |
+51,336
| New | +$5.45M |
|
|
CAEP
2890
DELISTED
Cantor Equity Partners III
CAEP
| $5.76M | ﹤0.01% |
557,744
+287,744
| +107% | +$3.01M |
|
2891
Dianthus Therapeutics
DNTH
$6.05B
| $5.75M | ﹤0.01% |
146,166
-49,191
| -25% | -$1.26M |
|
2892
Sana Biotechnology
SANA
$974M
| $5.75M | ﹤0.01% |
1,620,000
+822,423
| +103% | +$2.97M |
|
2893
PUT
Braze
BRZE
$2.99B
| $5.74M | ﹤0.01% |
202,000
+102,000
| +102% | +$2.89M |
|
2894
Companhia Siderúrgica Nacional
SID
$1.22B
| $5.73M | ﹤0.01% |
3,820,391
+1,319,746
| +53% | +$1.9M |
|
|
AGNT
2895
AGNT Inc
AGNT
$722M
| $5.73M | ﹤0.01% |
537,225
+147,551
| +38% | +$1.56M |
|
2896
CALL
Coherent
COHR
$73.8B
| $5.72M | ﹤0.01% |
53,100
+3,100
| +6% | +$309K |
|
2897
PUT
Realty Income
O
$59.2B
| $5.71M | ﹤0.01% |
93,900
-3,900
| -4% | -$227K |
|
2898
CALL
T. Rowe Price
TROW
$24.3B
| $5.71M | ﹤0.01% |
55,600
-8,700
| -14% | -$914K |
|
2899
ACV Auctions
ACVA
$1.3B
| $5.69M | ﹤0.01% |
574,446
+232,887
| +68% | +$2.98M |
|
2900
XP
XP
$8.35B
| $5.69M | ﹤0.01% |
302,579
-1,288,658
| -81% | -$23.1M |
|
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.