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 | |
|---|---|---|---|---|---|---|
2951
CALL
British American Tobacco
BTI
$132B
| $4.76M | ﹤0.01% |
100,500
+93,200
| +1,277% | +$4.13M |
|
|
SEM
2952
DELISTED
Select Medical
SEM
| $4.75M | ﹤0.01% |
313,106
-1,399,885
| -82% | -$21.8M |
|
2953
PUT
Rockwell Automation
ROK
$53.2B
| $4.75M | ﹤0.01% |
14,300
+6,500
| +83% | +$1.85M |
|
2954
CALL
Penumbra
PEN
$12.6B
| $4.75M | ﹤0.01% |
18,500
-41,500
| -69% | -$11.3M |
|
2955
Sable Offshore Corp
SOC
$972M
| $4.74M | ﹤0.01% |
215,820
+197,619
| +1,086% | +$4.6M |
|
2956
AGNC Investment
AGNC
$12.4B
| $4.74M | ﹤0.01% |
515,249
+178,756
| +53% | +$1.6M |
|
2957
Pediatrix Medical
MD
$2.16B
| $4.73M | ﹤0.01% |
329,793
+248,049
| +303% | +$3.4M |
|
2958
Root
ROOT
$869M
| $4.73M | ﹤0.01% |
36,977
+24,075
| +187% | +$3.26M |
|
2959
Freshpet
FRPT
$2.96B
| $4.73M | ﹤0.01% |
69,619
-99,816
| -59% | -$7.8M |
|
2960
John B. Sanfilippo & Son
JBSS
$963M
| $4.7M | ﹤0.01% |
74,278
+42,980
| +137% | +$2.76M |
|
2961
PUT
CDW
CDW
$18.7B
| $4.7M | ﹤0.01% |
26,300
-18,300
| -41% | -$3.11M |
|
2962
Western Alliance Bancorporation
WAL
$8.82B
| $4.69M | ﹤0.01% |
60,171
+57,177
| +1,910% | +$4.11M |
|
2963
Materion
MTRN
$4.44B
| $4.69M | ﹤0.01% |
59,103
-30,109
| -34% | -$2.37M |
|
2964
CALL
Riot Platforms
RIOT
$7.77B
| $4.69M | ﹤0.01% |
415,000
+170,500
| +70% | +$1.45M |
|
2965
Domo
DOMO
$174M
| $4.68M | ﹤0.01% |
335,141
+252,274
| +304% | +$2.54M |
|
2966
CALL
W.W. Grainger
GWW
$65.4B
| $4.68M | ﹤0.01% |
4,500
-500
| -10% | -$520K |
|
|
VCIC
2967
DELISTED
Vine Hill Capital Investment Corp
VCIC
| $4.68M | ﹤0.01% |
450,000
| – | – |
|
2968
PUT
GXO Logistics
GXO
$5.81B
| $4.68M | ﹤0.01% |
96,000
-16,000
| -14% | -$638K |
|
2969
Inter&Co
INTR
$2.46B
| $4.67M | ﹤0.01% |
629,080
-1,483,981
| -70% | -$9.86M |
|
2970
Fastly Inc
FSLY
$3.5B
| $4.66M | ﹤0.01% |
660,496
+574,744
| +670% | +$3.85M |
|
2971
Prospect Capital
PSEC
$1.07B
| $4.66M | ﹤0.01% |
1,465,675
+1,346,273
| +1,128% | +$4.68M |
|
2972
HealthStream
HSTM
$813M
| $4.63M | ﹤0.01% |
167,482
+92,848
| +124% | +$2.74M |
|
2973
Plains GP Holdings
PAGP
$5.18B
| $4.63M | ﹤0.01% |
238,359
+97,758
| +70% | +$1.82M |
|
|
SRDX
2974
DELISTED
Surmodics
SRDX
| $4.62M | ﹤0.01% |
155,618
-50,869
| -25% | -$1.47M |
|
2975
PUT
Bitdeer Technologies
BTDR
$2.59B
| $4.62M | ﹤0.01% |
402,600
-102,000
| -20% | -$1.18M |
|
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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.