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 | |
|---|---|---|---|---|---|---|
3676
CALL
Viatris
VTRS
$20.4B
| $2.23M | ﹤0.01% |
250,000
-50,000
| -17% | -$423K |
|
3677
PUT
CAVA Group
CAVA
$7.6B
| $2.23M | ﹤0.01% |
26,500
-3,600
| -12% | -$307K |
|
3678
Alkermes
ALKS
$8.22B
| $2.23M | ﹤0.01% |
77,939
-99,166
| -56% | -$2.95M |
|
3679
COPT Defense Properties
CDP
$4.3B
| $2.23M | ﹤0.01% |
80,699
-49,664
| -38% | -$1.35M |
|
3680
Velocity Financial
VEL
$689M
| $2.22M | ﹤0.01% |
119,991
+16,563
| +16% | +$290K |
|
|
BULLW
3681
CALL
Webull Corp Warrants
BULLW
$87.3M
| $2.22M | ﹤0.01% |
+550,000
| New | +$1.63M |
|
|
BULLZ
3682
CALL
DELISTED
Webull Corporation Incentive Warrant
BULLZ
| $2.22M | ﹤0.01% |
+550,000
| New | +$1.31M |
|
|
VIGL
3683
DELISTED
Vigil Neuroscience
VIGL
| $2.22M | ﹤0.01% |
279,253
+265,678
| +1,957% | +$1.19M |
|
|
IMSR
3684
Terrestrial Energy
IMSR
$520M
| $2.22M | ﹤0.01% |
200,000
| – | – |
|
3685
Camden National
CAC
$978M
| $2.22M | ﹤0.01% |
54,633
+5,433
| +11% | +$213K |
|
3686
CALL
Bausch + Lomb
BLCO
$6.04B
| $2.22M | ﹤0.01% |
+170,300
| New | +$2.05M |
|
3687
Compass Therapeutics
CMPX
$344M
| $2.21M | ﹤0.01% |
851,205
+306,117
| +56% | +$631K |
|
3688
PUT
XPO
XPO
$23.5B
| $2.21M | ﹤0.01% |
17,500
-6,800
| -28% | -$763K |
|
|
REFI
3689
Chicago Atlantic Real Estate Finance
REFI
$248M
| $2.2M | ﹤0.01% |
+157,946
| New | +$2.27M |
|
3690
Weave Communications
WEAV
$520M
| $2.2M | ﹤0.01% |
264,966
-84,297
| -24% | -$816K |
|
3691
CALL
Enbridge
ENB
$119B
| $2.2M | ﹤0.01% |
+48,600
| New | +$2.2M |
|
|
CCIR
3692
DELISTED
Cohen Circle Acquisition Corp. I Class A Ordinary Shares
CCIR
| $2.19M | ﹤0.01% |
200,000
-28,348
| -12% | -$329K |
|
3693
CALL
Warby Parker
WRBY
$3.28B
| $2.19M | ﹤0.01% |
100,000
+90,000
| +900% | +$1.66M |
|
3694
Northrim BanCorp
NRIM
$590M
| $2.19M | ﹤0.01% |
94,040
+32,676
| +53% | +$679K |
|
|
SBXD
3695
SilverBox Corp IV
SBXD
$277M
| $2.19M | ﹤0.01% |
200,035
-299,965
| -60% | -$3.14M |
|
|
JBS
3696
CALL
JBS N.V.
JBS
$46.1B
| $2.19M | ﹤0.01% |
+150,000
| New | +$2.11M |
|
3697
Compass Minerals
CMP
$1.23B
| $2.19M | ﹤0.01% |
108,903
-70,345
| -39% | -$1.14M |
|
3698
Methode Electronics
MEI
$496M
| $2.18M | ﹤0.01% |
229,388
-112,747
| -33% | -$828K |
|
3699
CALL
NETGEAR
NTGR
$648M
| $2.18M | ﹤0.01% |
+75,000
| New | +$2.01M |
|
3700
Sana Biotechnology
SANA
$871M
| $2.18M | ﹤0.01% |
797,577
+560,448
| +236% | +$1.16M |
|
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.