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 | |
|---|---|---|---|---|---|---|
2926
CRISPR Therapeutics
CRSP
$5.19B
| $5.59M | ﹤0.01% |
86,282
+16,189
| +23% | +$929K |
|
|
MOFG
2927
DELISTED
MidWestOne Financial Group
MOFG
| $5.59M | ﹤0.01% |
197,522
+128,845
| +188% | +$3.76M |
|
2928
The RealReal
REAL
$1.54B
| $5.59M | ﹤0.01% |
525,461
+350,535
| +200% | +$2.59M |
|
2929
G-III Apparel Group
GIII
$1.51B
| $5.58M | ﹤0.01% |
209,713
+197,451
| +1,610% | +$5.01M |
|
2930
GeneDx Holdings
WGS
$2.21B
| $5.57M | ﹤0.01% |
+51,738
| New | +$5.64M |
|
2931
CALL
Toronto Dominion Bank
TD
$200B
| $5.56M | ﹤0.01% |
50,000
| – | – |
|
2932
CALL
nVent Electric
NVT
$26.8B
| $5.56M | ﹤0.01% |
56,400
-10,700
| -16% | -$929K |
|
|
CIM
2933
Chimera Investment
CIM
$1.02B
| $5.56M | ﹤0.01% |
420,670
+246,424
| +141% | +$3.43M |
|
|
USAS
2934
Americas Gold and Silver
USAS
$1.66B
| $5.56M | ﹤0.01% |
1,491,717
+830,645
| +126% | +$2.17M |
|
2935
Prosperity Bancshares
PB
$8.89B
| $5.55M | ﹤0.01% |
83,709
+46,879
| +127% | +$3.22M |
|
2936
iShares Global Clean Energy ETF
ICLN
$2.4B
| $5.55M | ﹤0.01% |
358,688
+286,766
| +399% | +$4.06M |
|
2937
Grupo Aeroportuario del Pacifico
PAC
$13.3B
| $5.55M | ﹤0.01% |
+23,388
| New | +$5.61M |
|
2938
PUT
C3.ai
AI
$1.58B
| $5.54M | ﹤0.01% |
+319,300
| New | +$6.67M |
|
|
LWACU
2939
LightWave Acquisition Corp Units
LWACU
| $5.53M | ﹤0.01% |
550,000
-100,000
| -15% | -$1M |
|
2940
CALL
Truist Financial
TFC
$64.1B
| $5.52M | ﹤0.01% |
120,800
-36,900
| -23% | -$1.66M |
|
2941
CALL
Ulta Beauty
ULTA
$23.8B
| $5.52M | ﹤0.01% |
10,100
-11,800
| -54% | -$6.05M |
|
2942
Cerus
CERS
$474M
| $5.52M | ﹤0.01% |
3,470,062
+519,301
| +18% | +$701K |
|
2943
Quanta Services
PWR
$101B
| $5.51M | ﹤0.01% |
13,304
-49,157
| -79% | -$19.1M |
|
2944
PUT
JetBlue
JBLU
$2.26B
| $5.51M | ﹤0.01% |
1,120,300
-214,500
| -16% | -$1.03M |
|
2945
Steris
STE
$22.9B
| $5.51M | ﹤0.01% |
22,269
-56,672
| -72% | -$13.6M |
|
2946
PUT
International Paper
IP
$21.8B
| $5.5M | ﹤0.01% |
118,600
+66,100
| +126% | +$3.23M |
|
|
DHIL
2947
DELISTED
Diamond Hill
DHIL
| $5.49M | ﹤0.01% |
39,197
+19,234
| +96% | +$2.81M |
|
2948
Build-A-Bear
BBW
$454M
| $5.48M | ﹤0.01% |
84,036
-34,900
| -29% | -$2.06M |
|
2949
Transmedics
TMDX
$2.8B
| $5.48M | ﹤0.01% |
48,814
-66,100
| -58% | -$7.74M |
|
2950
Sarepta Therapeutics
SRPT
$1.75B
| $5.48M | ﹤0.01% |
284,210
-777,995
| -73% | -$13.9M |
|
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.