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 | |
|---|---|---|---|---|---|---|
3376
PUT
Texas Pacific Land
TPL
$27.8B
| $3.06M | ﹤0.01% |
8,700
-9,000
| -51% | -$3.68M |
|
|
TVACU
3377
Texas Ventures Acquisition III Corp Unit
TVACU
| $3.06M | ﹤0.01% |
+300,000
| New | +$3.03M |
|
3378
CALL
Cleveland-Cliffs
CLF
$6.57B
| $3.06M | ﹤0.01% |
403,000
+172,700
| +75% | +$1.28M |
|
3379
CALL
Global Payments
GPN
$23B
| $3.06M | ﹤0.01% |
+38,200
| New | +$3.02M |
|
|
CYBR
3380
CALL
DELISTED
CyberArk
CYBR
| $3.05M | ﹤0.01% |
7,500
-9,600
| -56% | -$3.5M |
|
3381
New Jersey Resources
NJR
$5.84B
| $3.05M | ﹤0.01% |
68,029
-995,565
| -94% | -$46.7M |
|
3382
Silgan Holdings
SLGN
$4.23B
| $3.05M | ﹤0.01% |
56,244
+28,287
| +101% | +$1.5M |
|
3383
Outset Medical
OM
$84.7M
| $3.05M | ﹤0.01% |
158,535
+43,474
| +38% | +$679K |
|
3384
Itaú Unibanco
ITUB
$93.2B
| $3.04M | ﹤0.01% |
+461,631
| New | +$2.81M |
|
|
DHC
3385
Diversified Healthcare Trust
DHC
$2.15B
| $3.04M | ﹤0.01% |
849,030
+797,676
| +1,553% | +$2.3M |
|
3386
AMERISAFE
AMSF
$543M
| $3.04M | ﹤0.01% |
69,438
+38,251
| +123% | +$1.8M |
|
3387
Canadian Imperial Bank of Commerce
CM
$108B
| $3.03M | ﹤0.01% |
42,765
-38,432
| -47% | -$2.47M |
|
3388
PUT
Baxter International
BAX
$13.5B
| $3.03M | ﹤0.01% |
100,000
-116,300
| -54% | -$3.53M |
|
3389
Pulmonx
LUNG
$68.8M
| $3.02M | ﹤0.01% |
1,166,527
+958,048
| +460% | +$3.78M |
|
|
CHAC
3390
DELISTED
Crane Harbor Acquisition Corp
CHAC
| $3.02M | ﹤0.01% |
+300,000
| New | +$2.99M |
|
3391
Uranium Energy
UEC
$4.75B
| $3.02M | ﹤0.01% |
444,112
+397,409
| +851% | +$2.23M |
|
3392
SITE Centers
SITC
$225M
| $3.01M | ﹤0.01% |
266,340
+236,700
| +799% | +$2.84M |
|
3393
GSK
GSK
$104B
| $3.01M | ﹤0.01% |
78,427
+49,238
| +169% | +$1.88M |
|
|
VTYX
3394
DELISTED
Ventyx Biosciences
VTYX
| $3.01M | ﹤0.01% |
1,405,754
+1,179,444
| +521% | +$1.9M |
|
3395
PUT
Goodyear
GT
$2B
| $3.01M | ﹤0.01% |
290,000
-330,000
| -53% | -$3.49M |
|
3396
RLJ Lodging Trust
RLJ
$1.86B
| $3.01M | ﹤0.01% |
412,919
+281,705
| +215% | +$2.03M |
|
|
FAC
3397
Factorial Energy Inc
FAC
$589M
| $3.01M | ﹤0.01% |
+300,000
| New | +$3M |
|
3398
Ingles Markets
IMKTA
$1.71B
| $3M | ﹤0.01% |
47,390
+11,272
| +31% | +$700K |
|
3399
CALL
Vail Resorts
MTN
$5.32B
| $3M | ﹤0.01% |
19,100
+5,400
| +39% | +$802K |
|
3400
Mercer International
MERC
$42.3M
| $3M | ﹤0.01% |
857,068
-772,688
| -47% | -$3.2M |
|
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.