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 | |
|---|---|---|---|---|---|---|
|
CMPS
2926
Compass Pathways
CMPS
$1.54B
| $4.88M | ﹤0.01% |
1,741,782
-1,031,739
| -37% | -$3.88M |
|
2927
Douglas Emmett
DEI
$1.99B
| $4.87M | ﹤0.01% |
323,728
+45,659
| +16% | +$660K |
|
|
TGB
2928
Trekor Metals
TGB
$2.47B
| $4.86M | ﹤0.01% |
1,543,528
+924,410
| +149% | +$2.16M |
|
2929
3D Systems Corp
DDD
$425M
| $4.86M | ﹤0.01% |
3,154,563
+1,535,036
| +95% | +$2.78M |
|
|
BPMC
2930
PUT
DELISTED
Blueprint Medicines
BPMC
| $4.86M | ﹤0.01% |
+37,900
| New | +$3.94M |
|
2931
PUT
NRG Energy
NRG
$28.1B
| $4.85M | ﹤0.01% |
30,200
+7,200
| +31% | +$949K |
|
2932
Allegion
ALLE
$13.3B
| $4.85M | ﹤0.01% |
33,630
-161,103
| -83% | -$22M |
|
2933
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.5B
| $4.84M | ﹤0.01% |
8,551
-93,560
| -92% | -$50.2M |
|
|
VRE
2934
DELISTED
Veris Residential
VRE
| $4.84M | ﹤0.01% |
325,270
-1,173,636
| -78% | -$18.1M |
|
2935
Symbotic
SYM
$5.34B
| $4.83M | ﹤0.01% |
124,426
-311,141
| -71% | -$8.15M |
|
2936
Nomura Holdings
NMR
$28.1B
| $4.83M | ﹤0.01% |
733,981
+96,192
| +15% | +$563K |
|
2937
Iris Energy
IREN
$13B
| $4.83M | ﹤0.01% |
331,433
+313,199
| +1,718% | +$2.54M |
|
2938
Erasca
ERAS
$6.31B
| $4.82M | ﹤0.01% |
3,797,987
+573,469
| +18% | +$768K |
|
2939
Emergent Biosolutions
EBS
$366M
| $4.82M | ﹤0.01% |
755,432
-1,747,056
| -70% | -$10M |
|
2940
CALL
CAVA Group
CAVA
$7.67B
| $4.82M | ﹤0.01% |
57,200
-10,700
| -16% | -$913K |
|
|
2941
CAVA Group
CAVA
$7.67B
| $4.81M | ﹤0.01% |
57,059
-337,688
| -86% | -$28.8M |
|
2942
Brighthouse Financial
BHF
$3.6B
| $4.79M | ﹤0.01% |
89,024
-173,866
| -66% | -$9.77M |
|
2943
1-800-Flowers.com
FLWS
$244M
| $4.78M | ﹤0.01% |
972,367
+937,041
| +2,653% | +$4.85M |
|
2944
Banc of California
BANC
$2.98B
| $4.77M | ﹤0.01% |
339,656
-3,294,935
| -91% | -$44.9M |
|
|
BRFS
2945
DELISTED
BRF SA
BRFS
| $4.77M | ﹤0.01% |
1,307,192
-4,327,356
| -77% | -$15.7M |
|
2946
CALL
Camping World
CWH
$387M
| $4.77M | ﹤0.01% |
+277,300
| New | +$4.32M |
|
2947
CALL
LGI Homes
LGIH
$1.28B
| $4.77M | ﹤0.01% |
+92,500
| New | +$5.06M |
|
2948
Hillman Solutions
HLMN
$1.55B
| $4.76M | ﹤0.01% |
666,458
+136,854
| +26% | +$1.02M |
|
2949
CALL
Cognex
CGNX
$10.8B
| $4.76M | ﹤0.01% |
+150,000
| New | +$4.3M |
|
|
ITOS
2950
DELISTED
iTeos Therapeutics
ITOS
| $4.76M | ﹤0.01% |
477,189
+128,830
| +37% | +$1.04M |
|
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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.