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 | |
|---|---|---|---|---|---|---|
3051
ChargePoint
CHPT
$141M
| $4.28M | ﹤0.01% |
303,987
+299,358
| +6,467% | +$4.01M |
|
3052
Trustmark
TRMK
$2.76B
| $4.27M | ﹤0.01% |
117,025
-80,627
| -41% | -$2.76M |
|
3053
Dollar General
DG
$28B
| $4.26M | ﹤0.01% |
37,222
+22,711
| +157% | +$2.25M |
|
|
GLDD
3054
DELISTED
Great Lakes Dredge & Dock
GLDD
| $4.25M | ﹤0.01% |
348,724
+82,165
| +31% | +$854K |
|
3055
Standex International
SXI
$3.59B
| $4.25M | ﹤0.01% |
27,166
+23,307
| +604% | +$3.49M |
|
|
TIXT
3056
DELISTED
TELUS International
TIXT
| $4.25M | ﹤0.01% |
1,170,322
+876,975
| +299% | +$2.49M |
|
|
NXDR
3057
Nextdoor Holdings
NXDR
$847M
| $4.25M | ﹤0.01% |
2,559,218
+619,769
| +32% | +$935K |
|
3058
New Mountain Finance
NMFC
$651M
| $4.25M | ﹤0.01% |
402,565
-308,485
| -43% | -$3.18M |
|
3059
Kinder Morgan
KMI
$71.7B
| $4.24M | ﹤0.01% |
144,291
-839,508
| -85% | -$23M |
|
|
GAP
3060
PUT
The Gap Inc
GAP
$7.23B
| $4.24M | ﹤0.01% |
194,500
+19,000
| +11% | +$425K |
|
3061
Backblaze
BLZE
$823M
| $4.24M | ﹤0.01% |
770,875
-54,547
| -7% | -$277K |
|
3062
CALL
Roku
ROKU
$21.5B
| $4.24M | ﹤0.01% |
48,200
-2,500
| -5% | -$175K |
|
3063
Eagle Materials
EXP
$6.29B
| $4.23M | ﹤0.01% |
+20,948
| New | +$4.51M |
|
3064
Ooma
OOMA
$598M
| $4.23M | ﹤0.01% |
328,074
+11,510
| +4% | +$146K |
|
3065
Ambarella
AMBA
$3.77B
| $4.23M | ﹤0.01% |
64,044
-846,127
| -93% | -$44.9M |
|
3066
CNB Financial Corp
CCNE
$1.04B
| $4.22M | ﹤0.01% |
184,406
+126,009
| +216% | +$2.77M |
|
3067
Ondas Inc
ONDS
$4.27B
| $4.21M | ﹤0.01% |
2,191,934
+2,179,011
| +16,861% | +$2.43M |
|
3068
Central Pacific Financial
CPF
$1.02B
| $4.2M | ﹤0.01% |
149,966
-143,369
| -49% | -$3.78M |
|
|
3069
PUT
Kinder Morgan
KMI
$71.7B
| $4.2M | ﹤0.01% |
142,900
-100,200
| -41% | -$2.75M |
|
|
PCAPU
3070
ProCap Acquisition Corp Unit
PCAPU
$213M
| $4.2M | ﹤0.01% |
+391,556
| New | +$4.34M |
|
3071
York Water
YORW
$502M
| $4.2M | ﹤0.01% |
132,755
+43,982
| +50% | +$1.47M |
|
3072
CALL
Lantheus
LNTH
$6.49B
| $4.19M | ﹤0.01% |
51,200
+46,100
| +904% | +$4.05M |
|
3073
Liberty Live Group Series A
LLYVA
$8.71B
| $4.18M | ﹤0.01% |
52,534
+9,214
| +21% | +$669K |
|
3074
Ziff Davis
ZD
$1.96B
| $4.17M | ﹤0.01% |
137,675
+120,082
| +683% | +$3.86M |
|
3075
PUT
YPF
YPF
$20.6B
| $4.17M | ﹤0.01% |
+132,500
| New | +$4.42M |
|
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.