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 | |
|---|---|---|---|---|---|---|
3101
PUT
OneMain Financial
OMF
$7.23B
| $4.06M | ﹤0.01% |
71,200
+500
| +0.7% | +$24.9K |
|
|
CFLT
3102
PUT
DELISTED
Confluent
CFLT
| $4.06M | ﹤0.01% |
162,700
+26,100
| +19% | +$588K |
|
3103
PUT
APA Corp
APA
$13.2B
| $4.05M | ﹤0.01% |
221,500
+174,800
| +374% | +$3.03M |
|
|
BLDP
3104
Ballard Power Systems
BLDP
$805M
| $4.05M | ﹤0.01% |
2,537,049
+756,451
| +42% | +$1.01M |
|
3105
PUT
Canadian Pacific Kansas City
CP
$78.1B
| $4.03M | ﹤0.01% |
50,900
-122,700
| -71% | -$9.44M |
|
3106
Zentalis Pharmaceuticals
ZNTL
$337M
| $4.03M | ﹤0.01% |
3,476,808
+407,294
| +13% | +$537K |
|
3107
CALL
Hershey
HSY
$35.5B
| $4.03M | ﹤0.01% |
24,300
-13,800
| -36% | -$2.27M |
|
3108
PUT
AvePoint
AVPT
$2.76B
| $4.03M | ﹤0.01% |
+208,800
| New | +$3.62M |
|
3109
Cathay General Bancorp
CATY
$4.22B
| $4.03M | ﹤0.01% |
88,512
-45,916
| -34% | -$1.95M |
|
3110
PUT
Corning
GLW
$119B
| $4.02M | ﹤0.01% |
76,500
-58,000
| -43% | -$2.72M |
|
3111
CALL
PENN Entertainment
PENN
$2.75B
| $4.02M | ﹤0.01% |
225,100
-415,300
| -65% | -$6.52M |
|
3112
Univest Financial
UVSP
$1.22B
| $4.02M | ﹤0.01% |
+133,663
| New | +$3.89M |
|
3113
Bioventus
BVS
$892M
| $4.01M | ﹤0.01% |
606,044
+316,886
| +110% | +$2.25M |
|
|
KDK
3114
Kodiak AI
KDK
$840M
| $4.01M | ﹤0.01% |
353,929
-46,071
| -12% | -$520K |
|
3115
Cushman & Wakefield Ltd
CWK
$3.14B
| $4M | ﹤0.01% |
361,573
+63,417
| +21% | +$622K |
|
3116
Banco Santander Chile
BSAC
$16.3B
| $4M | ﹤0.01% |
158,464
+106,202
| +203% | +$2.56M |
|
3117
PUT
UiPath
PATH
$6.61B
| $4M | ﹤0.01% |
312,200
-118,300
| -27% | -$1.42M |
|
|
NUTX
3118
Nutex Health
NUTX
$1.01B
| $3.99M | ﹤0.01% |
32,088
-28,608
| -47% | -$3.7M |
|
|
TWFG
3119
TWFG Inc
TWFG
$348M
| $3.99M | ﹤0.01% |
114,074
+58,248
| +104% | +$1.94M |
|
3120
PUT
Parker-Hannifin
PH
$123B
| $3.98M | ﹤0.01% |
5,700
-100
| -2% | -$63.2K |
|
3121
VanEck Rare Earth/Strategic Metals ETF
REMX
$1.95B
| $3.98M | ﹤0.01% |
98,075
+44,570
| +83% | +$1.7M |
|
3122
Asbury Automotive
ABG
$4.31B
| $3.98M | ﹤0.01% |
16,664
+9,687
| +139% | +$2.21M |
|
3123
Marqeta
MQ
$1.83B
| $3.96M | ﹤0.01% |
169,893
-456,824
| -73% | -$8.67M |
|
3124
PUT
Best Buy
BBY
$18.2B
| $3.96M | ﹤0.01% |
59,000
-5,600
| -9% | -$380K |
|
3125
Resideo Technologies
REZI
$5.19B
| $3.96M | ﹤0.01% |
179,417
-84,404
| -32% | -$1.61M |
|
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.