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 | |
|---|---|---|---|---|---|---|
3351
Cytek Biosciences
CTKB
$545M
| $3.14M | ﹤0.01% |
924,772
+429,335
| +87% | +$1.43M |
|
3352
PrimeEnergy Resources
PNRG
$298M
| $3.14M | ﹤0.01% |
+21,462
| New | +$3.72M |
|
3353
Lazard
LAZ
$4.13B
| $3.14M | ﹤0.01% |
+65,376
| New | +$2.73M |
|
|
XRN
3354
Chiron Real Estate Inc
XRN
$514M
| $3.13M | ﹤0.01% |
90,393
+25,170
| +39% | +$877K |
|
3355
CALL
Baidu
BIDU
$37.7B
| $3.13M | ﹤0.01% |
36,500
-645,600
| -95% | -$55.7M |
|
|
GENVR
3356
Gen Digital Inc Contingent Value Rights
GENVR
| $3.13M | ﹤0.01% |
+383,592
| New | +$2.7M |
|
3357
Astrana Health
ASTH
$1.76B
| $3.12M | ﹤0.01% |
+125,349
| New | +$3.53M |
|
3358
MidCap Financial Investment
MFIC
$787M
| $3.12M | ﹤0.01% |
246,923
+226,362
| +1,101% | +$2.78M |
|
3359
CALL
Biogen
BIIB
$30B
| $3.11M | ﹤0.01% |
24,800
-31,200
| -56% | -$3.89M |
|
3360
FIGS
FIGS
$1.79B
| $3.11M | ﹤0.01% |
+552,238
| New | +$2.55M |
|
3361
CALL
CSX Corp
CSX
$93.4B
| $3.11M | ﹤0.01% |
95,400
-599,000
| -86% | -$18M |
|
3362
Tecnoglass Holdings Inc.
TGLS
$1.93B
| $3.11M | ﹤0.01% |
40,203
+12,533
| +45% | +$972K |
|
3363
CALL
Shake Shack
SHAK
$2.53B
| $3.11M | ﹤0.01% |
22,100
+18,600
| +531% | +$2.03M |
|
3364
CALL
FTAI Aviation
FTAI
$21.1B
| $3.11M | ﹤0.01% |
27,000
-26,700
| -50% | -$2.99M |
|
3365
Travere Therapeutics
TVTX
$5.2B
| $3.09M | ﹤0.01% |
208,991
+149,159
| +249% | +$2.47M |
|
3366
Northeast Community Bancorp
NECB
$368M
| $3.09M | ﹤0.01% |
132,918
-29,998
| -18% | -$679K |
|
3367
Hope Bancorp
HOPE
$1.79B
| $3.08M | ﹤0.01% |
287,201
-204,952
| -42% | -$2.07M |
|
3368
Vertical Aerospace
EVTL
$158M
| $3.08M | ﹤0.01% |
454,478
+367,254
| +421% | +$1.72M |
|
3369
Genius Sports
GENI
$1.85B
| $3.08M | ﹤0.01% |
295,839
-2,470,367
| -89% | -$24.7M |
|
3370
Genco Shipping & Trading
GNK
$1.11B
| $3.08M | ﹤0.01% |
+235,299
| New | +$3.11M |
|
3371
Terreno Realty
TRNO
$7.57B
| $3.07M | ﹤0.01% |
+54,841
| New | +$3.14M |
|
3372
Vir Biotechnology
VIR
$1.46B
| $3.07M | ﹤0.01% |
609,292
+175,914
| +41% | +$943K |
|
3373
CALL
Raymond James Financial
RJF
$33.8B
| $3.07M | ﹤0.01% |
20,000
-8,300
| -29% | -$1.19M |
|
3374
Nordic American Tanker
NAT
$1.38B
| $3.07M | ﹤0.01% |
1,166,195
-325,905
| -22% | -$850K |
|
3375
Neuronetics
STIM
$138M
| $3.06M | ﹤0.01% |
878,119
+220,394
| +34% | +$870K |
|
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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.