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 | |
|---|---|---|---|---|---|---|
|
CSGS
3651
DELISTED
CSG Systems International
CSGS
| $2.28M | ﹤0.01% |
34,900
-23,646
| -40% | -$1.48M |
|
3652
ATN International
ATNI
$366M
| $2.28M | ﹤0.01% |
140,192
+6,482
| +5% | +$106K |
|
3653
PUT
Sunrun
RUN
$2.34B
| $2.28M | ﹤0.01% |
278,400
+158,100
| +131% | +$1.24M |
|
3654
PUT
Carlyle Group
CG
$16.6B
| $2.28M | ﹤0.01% |
44,300
-9,400
| -18% | -$405K |
|
3655
CALL
Crown Castle
CCI
$33.3B
| $2.27M | ﹤0.01% |
22,100
+13,400
| +154% | +$1.36M |
|
3656
Covenant Logistics
CVLG
$894M
| $2.27M | ﹤0.01% |
94,102
+51,677
| +122% | +$1.12M |
|
3657
Winmark
WINA
$1.2B
| $2.27M | ﹤0.01% |
6,004
-2,264
| -27% | -$875K |
|
3658
InfuSystem Holdings
INFU
$184M
| $2.27M | ﹤0.01% |
363,253
+286,468
| +373% | +$1.58M |
|
3659
CALL
Gray Television
GTN
$415M
| $2.27M | ﹤0.01% |
+500,000
| New | +$1.94M |
|
3660
PUT
Cameco
CCJ
$37.6B
| $2.26M | ﹤0.01% |
30,500
-61,900
| -67% | -$3.3M |
|
3661
CALL
Cincinnati Financial
CINF
$27.3B
| $2.26M | ﹤0.01% |
15,200
+2,000
| +15% | +$286K |
|
3662
CEMIG Preferred Shares
CIG
$6.26B
| $2.26M | ﹤0.01% |
1,154,618
-581,982
| -34% | -$1.06M |
|
3663
Acumen Pharmaceuticals
ABOS
$155M
| $2.26M | ﹤0.01% |
1,950,120
+814,898
| +72% | +$876K |
|
3664
CALL
Expedia Group
EXPE
$35.4B
| $2.26M | ﹤0.01% |
13,400
-50,400
| -79% | -$8.18M |
|
3665
PACS Group
PACS
$7.28B
| $2.26M | ﹤0.01% |
174,919
-684,376
| -80% | -$7.12M |
|
3666
Ultrapar
UGP
$6.95B
| $2.26M | ﹤0.01% |
688,119
-216,436
| -24% | -$656K |
|
3667
RingCentral
RNG
$4.66B
| $2.26M | ﹤0.01% |
79,593
-325,906
| -80% | -$8.41M |
|
3668
CALL
The GEO Group
GEO
$4.13B
| $2.26M | ﹤0.01% |
94,200
-132,600
| -58% | -$3.62M |
|
|
BRRWU
3669
DELISTED
Columbus Circle Capital Corp I Units
BRRWU
| $2.25M | ﹤0.01% |
+196,745
| New | +$2.25M |
|
3670
CALL
Lumentum
LITE
$55.5B
| $2.25M | ﹤0.01% |
23,700
+4,500
| +23% | +$319K |
|
3671
Instil Bio
TIL
$48.3M
| $2.25M | ﹤0.01% |
108,097
-104,147
| -49% | -$2.18M |
|
|
CMA
3672
PUT
DELISTED
Comerica
CMA
| $2.25M | ﹤0.01% |
37,700
+800
| +2% | +$44.6K |
|
|
INR
3673
Infinity Natural Resources
INR
$247M
| $2.25M | ﹤0.01% |
+122,815
| New | +$2.09M |
|
|
HONE
3674
DELISTED
HarborOne Bancorp
HONE
| $2.24M | ﹤0.01% |
192,089
-271,508
| -59% | -$2.97M |
|
3675
CALL
On Holding
ONON
$12.1B
| $2.24M | ﹤0.01% |
43,100
+3,400
| +9% | +$173K |
|
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.