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 | |
|---|---|---|---|---|---|---|
|
DAY
3626
CALL
DELISTED
Dayforce
DAY
| $2.78M | ﹤0.01% |
+40,400
| New | +$2.51M |
|
3627
CALL
FirstEnergy
FE
$27.9B
| $2.78M | ﹤0.01% |
60,600
-3,400
| -5% | -$145K |
|
|
FIGXU
3628
FIGX Capital Acquisition Corp Units
FIGXU
| $2.77M | ﹤0.01% |
275,000
| – | – |
|
3629
Gold Fields
GFI
$30.5B
| $2.77M | ﹤0.01% |
66,040
-723,428
| -92% | -$22.4M |
|
3630
PUT
Grab
GRAB
$15.2B
| $2.77M | ﹤0.01% |
460,000
-24,900
| -5% | -$132K |
|
3631
South Plains Financial
SPFI
$857M
| $2.77M | ﹤0.01% |
71,633
-21,253
| -23% | -$830K |
|
3632
PUT
Yum! Brands
YUM
$40.3B
| $2.77M | ﹤0.01% |
18,200
-163,400
| -90% | -$24.1M |
|
3633
CALL
Ecolab
ECL
$79.7B
| $2.77M | ﹤0.01% |
10,100
-23,000
| -69% | -$6.25M |
|
3634
PUT
Nice
NICE
$6.05B
| $2.77M | ﹤0.01% |
19,100
-2,900
| -13% | -$435K |
|
3635
Sun Life Financial
SLF
$45.6B
| $2.76M | ﹤0.01% |
45,961
+37,901
| +470% | +$2.28M |
|
3636
CALL
AdvisorShares Pure US Cannabis ETF
MSOS
$874M
| $2.75M | ﹤0.01% |
+575,000
| New | +$2.26M |
|
3637
Krispy Kreme
DNUT
$531M
| $2.75M | ﹤0.01% |
710,991
-4,743,913
| -87% | -$16.4M |
|
3638
Pediatrix Medical
MD
$2.03B
| $2.75M | ﹤0.01% |
164,098
-165,695
| -50% | -$2.48M |
|
3639
CALL
Match Group
MTCH
$9.62B
| $2.75M | ﹤0.01% |
77,800
+59,100
| +316% | +$2.11M |
|
3640
AAR Corp
AIR
$5.96B
| $2.74M | ﹤0.01% |
30,578
-173,549
| -85% | -$13.2M |
|
3641
Aaon
AAON
$7.83B
| $2.74M | ﹤0.01% |
29,338
-62,471
| -68% | -$5.12M |
|
|
GTM
3642
CALL
ZoomInfo Technologies
GTM
$1.07B
| $2.74M | ﹤0.01% |
+251,200
| New | +$2.69M |
|
3643
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $2.73M | ﹤0.01% |
23,100
| – | – |
|
3644
Eagle Materials
EXP
$6.63B
| $2.73M | ﹤0.01% |
11,716
-9,232
| -44% | -$2.09M |
|
3645
CALL
Cogent Biosciences
COGT
$7.32B
| $2.73M | ﹤0.01% |
190,100
+113,200
| +147% | +$1.34M |
|
3646
TriNet
TNET
$3.18B
| $2.73M | ﹤0.01% |
40,788
+14,737
| +57% | +$1M |
|
3647
LiveRamp
RAMP
$2.3B
| $2.73M | ﹤0.01% |
100,428
-350,824
| -78% | -$10.4M |
|
3648
CALL
Sysco
SYY
$39.6B
| $2.73M | ﹤0.01% |
33,100
-26,100
| -44% | -$2.09M |
|
3649
Community Trust Bancorp
CTBI
$1.44B
| $2.72M | ﹤0.01% |
48,682
-72,976
| -60% | -$4.1M |
|
3650
Exagen
XGN
$156M
| $2.72M | ﹤0.01% |
+247,173
| New | +$2.19M |
|
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.