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 | |
|---|---|---|---|---|---|---|
|
BLZRU
3126
Trailblazer Acquisition Corp Unit
BLZRU
$205M
| $4.6M | ﹤0.01% |
+450,000
| New | +$4.55M |
|
3127
Genesco
GCO
$436M
| $4.6M | ﹤0.01% |
158,709
-1,821
| -1% | -$50.1K |
|
3128
CorMedix
CRMD
$581M
| $4.6M | ﹤0.01% |
395,454
+339,168
| +603% | +$4.1M |
|
3129
Claros Mortgage Trust
CMTG
$240M
| $4.59M | ﹤0.01% |
1,383,872
-471,904
| -25% | -$1.59M |
|
3130
Nabors Industries
NBR
$1.16B
| $4.58M | ﹤0.01% |
112,106
+100,262
| +847% | +$3.57M |
|
|
FITB
3131
CALL
Fifth Third Bancorp
FITB
$52.2B
| $4.58M | ﹤0.01% |
102,800
-25,800
| -20% | -$1.13M |
|
|
CGC
3132
Canopy Growth
CGC
$393M
| $4.58M | ﹤0.01% |
3,137,696
+2,080,994
| +197% | +$2.7M |
|
|
RAPP
3133
Rapport Therapeutics
RAPP
$2.03B
| $4.58M | ﹤0.01% |
+154,174
| New | +$2.75M |
|
3134
Bankunited
BKU
$3.43B
| $4.58M | ﹤0.01% |
119,943
-900,983
| -88% | -$34.1M |
|
|
IRS
3135
IRSA Inversiones y Representaciones
IRS
$1.26B
| $4.58M | ﹤0.01% |
386,440
+32,180
| +9% | +$459K |
|
3136
CALL
Ascendis Pharma A/S
ASND
$16B
| $4.57M | ﹤0.01% |
+23,000
| New | +$4.29M |
|
3137
CALL
Nextpower Inc
NXT
$15.1B
| $4.57M | ﹤0.01% |
61,800
-59,400
| -49% | -$3.83M |
|
3138
CALL
Zions Bancorporation
ZION
$10.5B
| $4.57M | ﹤0.01% |
+80,800
| New | +$4.5M |
|
3139
PUT
Corning
GLW
$135B
| $4.57M | ﹤0.01% |
55,700
-20,800
| -27% | -$1.36M |
|
3140
CALL
Maximus
MMS
$3.32B
| $4.57M | ﹤0.01% |
+50,000
| New | +$4.05M |
|
|
VIA
3141
Via Transportation Inc
VIA
$1.74B
| $4.54M | ﹤0.01% |
+94,504
| New | +$4.68M |
|
3142
CALL
Lennar Class A
LEN
$21.2B
| $4.54M | ﹤0.01% |
36,000
-34,800
| -49% | -$4.32M |
|
3143
CALL
SolarEdge
SEDG
$2.06B
| $4.53M | ﹤0.01% |
122,500
+39,600
| +48% | +$1.18M |
|
3144
PUT
Albertsons Companies
ACI
$5.75B
| $4.53M | ﹤0.01% |
258,800
+58,800
| +29% | +$1.15M |
|
3145
Health Catalyst
HCAT
$177M
| $4.53M | ﹤0.01% |
1,589,536
+1,528,710
| +2,513% | +$5.23M |
|
3146
Lineage Cell Therapeutics
LCTX
$284M
| $4.53M | ﹤0.01% |
2,680,003
+79,426
| +3% | +$94K |
|
3147
State Street Materials Select Sector SPDR ETF
XLB
$8.63B
| $4.52M | ﹤0.01% |
100,878
-358,268
| -78% | -$16.2M |
|
3148
Knowles
KN
$3.38B
| $4.51M | ﹤0.01% |
193,319
-193,804
| -50% | -$3.97M |
|
|
ITIC
3149
Investors Title Co
ITIC
$546M
| $4.5M | ﹤0.01% |
16,815
+13,948
| +487% | +$3.24M |
|
3150
PUT
Johnson Controls International
JCI
$93.1B
| $4.5M | ﹤0.01% |
40,900
-25,800
| -39% | -$2.76M |
|
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.