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 | |
|---|---|---|---|---|---|---|
3526
CALL
Jazz Pharmaceuticals
JAZZ
$15.9B
| $2.65M | ﹤0.01% |
+25,000
| New | +$2.72M |
|
3527
CALL
Ventas
VTR
$48B
| $2.65M | ﹤0.01% |
42,000
+34,500
| +460% | +$2.25M |
|
3528
PUT
Keurig Dr Pepper
KDP
$42.3B
| $2.65M | ﹤0.01% |
80,100
-51,300
| -39% | -$1.73M |
|
|
CADE
3529
DELISTED
Cadence Bank
CADE
| $2.65M | ﹤0.01% |
82,729
-114,174
| -58% | -$3.42M |
|
|
JOYY
3530
JOYY Inc
JOYY
$3.71B
| $2.64M | ﹤0.01% |
51,936
-71,306
| -58% | -$3.16M |
|
|
PSIX
3531
Power Solutions International
PSIX
$636M
| $2.64M | ﹤0.01% |
40,863
-17,337
| -30% | -$642K |
|
3532
CALL
PVH
PVH
$4B
| $2.63M | ﹤0.01% |
+38,300
| New | +$2.78M |
|
3533
Corporacion America
CAAP
$4.21B
| $2.63M | ﹤0.01% |
+129,610
| New | +$2.55M |
|
|
BNT
3534
Brookfield Wealth Solutions
BNT
$11.8B
| $2.62M | ﹤0.01% |
+63,603
| New | +$2.36M |
|
3535
PUT
BILL Holdings
BILL
$4.49B
| $2.62M | ﹤0.01% |
56,600
-38,400
| -40% | -$1.7M |
|
3536
AerSale
ASLE
$293M
| $2.61M | ﹤0.01% |
434,571
+50,072
| +13% | +$321K |
|
|
AMRZ
3537
Amrize Ltd
AMRZ
$27.1B
| $2.61M | ﹤0.01% |
+52,693
| New | +$2.66M |
|
3538
International Seaways
INSW
$4.76B
| $2.6M | ﹤0.01% |
+71,347
| New | +$2.56M |
|
3539
AtaiBeckley Inc
ATAI
$2.66B
| $2.6M | ﹤0.01% |
1,188,165
+52,413
| +5% | +$94K |
|
3540
PUT
Sprouts Farmers Market
SFM
$8.13B
| $2.6M | ﹤0.01% |
15,800
-4,900
| -24% | -$801K |
|
|
ETHW
3541
Bitwise Ethereum ETF
ETHW
$195M
| $2.6M | ﹤0.01% |
143,949
| – | – |
|
3542
Cumberland Pharmaceuticals
CPIX
$100M
| $2.6M | ﹤0.01% |
775,976
-33,921
| -4% | -$161K |
|
3543
PUT
AutoZone
AZO
$49.2B
| $2.6M | ﹤0.01% |
700
-800
| -53% | -$2.95M |
|
3544
Sanmina
SANM
$9.95B
| $2.59M | ﹤0.01% |
26,502
-154,255
| -85% | -$12.7M |
|
3545
Prosperity Bancshares
PB
$8.97B
| $2.59M | ﹤0.01% |
36,830
-175,471
| -83% | -$12.1M |
|
3546
PUT
Xerox
XRX
$387M
| $2.58M | ﹤0.01% |
489,200
-398,600
| -45% | -$1.94M |
|
3547
CALL
FirstEnergy
FE
$28B
| $2.58M | ﹤0.01% |
64,000
+40,900
| +177% | +$1.69M |
|
3548
Agilysys
AGYS
$2.97B
| $2.56M | ﹤0.01% |
22,367
-22,959
| -51% | -$2.07M |
|
3549
ONE Gas
OGS
$4.87B
| $2.56M | ﹤0.01% |
35,572
+23,874
| +204% | +$1.79M |
|
|
CEPO
3550
Cantor Equity Partners I
CEPO
$272M
| $2.55M | ﹤0.01% |
214,672
-184,045
| -46% | -$2.14M |
|
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.