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 | |
|---|---|---|---|---|---|---|
3426
Flexsteel Industries
FLXS
$316M
| $3.39M | ﹤0.01% |
73,110
-16,939
| -19% | -$702K |
|
3427
CALL
Ross Stores
ROST
$80.5B
| $3.38M | ﹤0.01% |
22,200
-27,100
| -55% | -$3.87M |
|
|
DBVT
3428
DBV Technologies
DBVT
$811M
| $3.38M | ﹤0.01% |
337,863
+69,849
| +26% | +$680K |
|
3429
PUT
Yeti Holdings
YETI
$3.92B
| $3.36M | ﹤0.01% |
101,400
-148,600
| -59% | -$5.19M |
|
3430
CALL
Caesars Entertainment
CZR
$6.14B
| $3.36M | ﹤0.01% |
124,400
+109,600
| +741% | +$2.97M |
|
|
RHLD
3431
Resolute Holdings Management
RHLD
$1.12B
| $3.36M | ﹤0.01% |
+46,580
| New | +$2.52M |
|
3432
Corporacion America
CAAP
$4.32B
| $3.35M | ﹤0.01% |
185,082
+55,472
| +43% | +$1.12M |
|
3433
Atkore
ATKR
$3.16B
| $3.35M | ﹤0.01% |
53,419
+25,166
| +89% | +$1.64M |
|
3434
PUT
PVH
PVH
$4.09B
| $3.35M | ﹤0.01% |
40,000
-38,100
| -49% | -$2.99M |
|
|
CHAC
3435
DELISTED
Crane Harbor Acquisition Corp
CHAC
| $3.35M | ﹤0.01% |
330,000
+30,000
| +10% | +$301K |
|
3436
Builders FirstSource
BLDR
$8.11B
| $3.34M | ﹤0.01% |
27,539
-130,911
| -83% | -$17.4M |
|
3437
Hingham Institution for Saving
HIFS
$668M
| $3.34M | ﹤0.01% |
12,645
+8,823
| +231% | +$2.35M |
|
|
CD
3438
Chaince Digital Holdings
CD
$246M
| $3.34M | ﹤0.01% |
+135,691
| New | +$857K |
|
3439
The Oncology Institute
TOI
$513M
| $3.32M | ﹤0.01% |
951,001
+545,992
| +135% | +$1.87M |
|
3440
J&J Snack Foods
JJSF
$1.47B
| $3.31M | ﹤0.01% |
34,474
-120,005
| -78% | -$13.3M |
|
|
ACLX
3441
DELISTED
Arcellx
ACLX
| $3.31M | ﹤0.01% |
40,341
-54,221
| -57% | -$3.9M |
|
|
PSTL
3442
Postal Realty Trust
PSTL
$696M
| $3.31M | ﹤0.01% |
211,026
-236,252
| -53% | -$3.58M |
|
3443
Kyverna Therapeutics
KYTX
$473M
| $3.31M | ﹤0.01% |
551,635
+99,075
| +22% | +$396K |
|
3444
PUT
Keurig Dr Pepper
KDP
$42.3B
| $3.31M | ﹤0.01% |
129,700
+49,600
| +62% | +$1.55M |
|
|
AUGO
3445
Aura Minerals Inc
AUGO
$4.83B
| $3.31M | ﹤0.01% |
+97,589
| New | +$2.8M |
|
3446
Rithm Capital
RITM
$5.72B
| $3.3M | ﹤0.01% |
289,988
-1,671,243
| -85% | -$20.2M |
|
3447
Myers Industries
MYE
$1.38B
| $3.3M | ﹤0.01% |
194,843
-178,255
| -48% | -$2.83M |
|
3448
Selective Insurance
SIGI
$5.76B
| $3.3M | ﹤0.01% |
40,713
-207,912
| -84% | -$16.8M |
|
3449
Dream Finders Homes
DFH
$1.3B
| $3.3M | ﹤0.01% |
127,331
+116,058
| +1,030% | +$3.19M |
|
3450
Monte Rosa Therapeutics
GLUE
$1.36B
| $3.3M | ﹤0.01% |
444,939
+380,308
| +588% | +$2.01M |
|
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.