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 | |
|---|---|---|---|---|---|---|
3576
Americold
COLD
$4.02B
| $2.49M | ﹤0.01% |
149,429
+33,435
| +29% | +$606K |
|
3577
McGrath RentCorp
MGRC
$2.81B
| $2.48M | ﹤0.01% |
21,423
-104,430
| -83% | -$11.6M |
|
3578
GH Research
GHRS
$1.93B
| $2.48M | ﹤0.01% |
+203,645
| New | +$2.23M |
|
3579
Yext
YEXT
$547M
| $2.48M | ﹤0.01% |
292,043
-351,457
| -55% | -$2.46M |
|
3580
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $2.48M | ﹤0.01% |
31,145
-37,444
| -55% | -$2.95M |
|
3581
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $2.48M | ﹤0.01% |
39,918
-1,623
| -4% | -$95.3K |
|
|
SDHIU
3582
Siddhi Acquisition Corp Unit
SDHIU
| $2.47M | ﹤0.01% |
+240,000
| New | +$2.44M |
|
3583
Adecoagro
AGRO
$1.44B
| $2.47M | ﹤0.01% |
270,227
+185,084
| +217% | +$1.8M |
|
3584
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47.1B
| $2.47M | ﹤0.01% |
26,920
-652,114
| -96% | -$59.7M |
|
3585
SELLAS Life Sciences
SLS
$1.97B
| $2.47M | ﹤0.01% |
+1,127,225
| New | +$1.73M |
|
3586
Kymera Therapeutics
KYMR
$8.51B
| $2.47M | ﹤0.01% |
56,536
-453,944
| -89% | -$15.6M |
|
|
NVO
3587
Novo Nordisk
NVO
$208B
| $2.46M | ﹤0.01% |
35,661
-852,026
| -96% | -$58M |
|
3588
PUT
International Paper
IP
$21.6B
| $2.46M | ﹤0.01% |
52,500
-25,400
| -33% | -$1.2M |
|
3589
PUT
State Street
STT
$50.6B
| $2.46M | ﹤0.01% |
23,100
-10,800
| -32% | -$999K |
|
|
DBVT
3590
DBV Technologies
DBVT
$799M
| $2.45M | ﹤0.01% |
+268,014
| New | +$2.37M |
|
3591
United Natural Foods
UNFI
$3.08B
| $2.45M | ﹤0.01% |
105,195
-227,778
| -68% | -$5.94M |
|
3592
CALL
Williams-Sonoma
WSM
$26.9B
| $2.45M | ﹤0.01% |
15,000
-1,500
| -9% | -$236K |
|
|
ALX
3593
Alexander's
ALX
$1.3B
| $2.45M | ﹤0.01% |
+10,875
| New | +$2.34M |
|
3594
PUT
Cboe Global Markets
CBOE
$32.5B
| $2.45M | ﹤0.01% |
10,500
-2,800
| -21% | -$623K |
|
3595
PUT
GDS Holdings
GDS
$6.56B
| $2.45M | ﹤0.01% |
+80,000
| New | +$2.03M |
|
3596
Kingstone Companies
KINS
$289M
| $2.44M | ﹤0.01% |
158,473
-127,361
| -45% | -$2.11M |
|
3597
Four Corners Property Trust
FCPT
$2.81B
| $2.44M | ﹤0.01% |
90,694
+77,380
| +581% | +$2.13M |
|
3598
NovaGold Resources
NG
$2.56B
| $2.44M | ﹤0.01% |
596,349
+583,353
| +4,489% | +$2.18M |
|
3599
MacroGenics
MGNX
$235M
| $2.44M | ﹤0.01% |
2,015,864
+291,614
| +17% | +$423K |
|
3600
Blackstone Mortgage Trust
BXMT
$2.45B
| $2.44M | ﹤0.01% |
126,704
-145,559
| -53% | -$2.76M |
|
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.