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 | |
|---|---|---|---|---|---|---|
3726
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$16.7B
| $2.1M | ﹤0.01% |
83,700
-30,000
| -26% | -$482K |
|
|
AACBU
3727
Artius II Acquisition Inc Units
AACBU
| $2.1M | ﹤0.01% |
200,000
-500,000
| -71% | -$5.12M |
|
3728
PUT
Cenovus Energy
CVE
$55.7B
| $2.1M | ﹤0.01% |
154,400
+4,400
| +3% | +$57.1K |
|
3729
Blue Owl Capital
OBDC
$5.34B
| $2.1M | ﹤0.01% |
146,126
-955,208
| -87% | -$13.6M |
|
3730
Mettler-Toledo International
MTD
$28.6B
| $2.09M | ﹤0.01% |
1,783
-19,546
| -92% | -$21.8M |
|
|
SLNO
3731
CALL
DELISTED
Soleno Therapeutics
SLNO
| $2.09M | ﹤0.01% |
25,000
-40,000
| -62% | -$2.99M |
|
3732
CALL
Kratos Defense & Security Solutions
KTOS
$8.74B
| $2.09M | ﹤0.01% |
45,000
-900
| -2% | -$32.6K |
|
3733
Appian
APPN
$1.98B
| $2.09M | ﹤0.01% |
69,966
-232,754
| -77% | -$6.99M |
|
3734
PUT
DuPont de Nemours
DD
$18.5B
| $2.09M | ﹤0.01% |
24,219
-42,781
| -64% | -$3.56M |
|
3735
Geospace Technologies
GEOS
$94.6M
| $2.08M | ﹤0.01% |
+146,211
| New | +$1.09M |
|
|
LPBB
3736
Launch Two Acquisition Corp
LPBB
$309M
| $2.08M | ﹤0.01% |
200,000
| – | – |
|
|
EBTC
3737
DELISTED
Enterprise Bancorp
EBTC
| $2.08M | ﹤0.01% |
52,573
+12,070
| +30% | +$461K |
|
3738
PUT
Mobileye
MBLY
$2B
| $2.08M | ﹤0.01% |
115,900
-70,500
| -38% | -$1.08M |
|
3739
PUT
KB Home
KBH
$3.37B
| $2.08M | ﹤0.01% |
+39,300
| New | +$2.09M |
|
3740
PUT
Alaska Air
ALK
$5.29B
| $2.08M | ﹤0.01% |
42,000
+15,600
| +59% | +$758K |
|
3741
PUT
Shift4
FOUR
$4.2B
| $2.07M | ﹤0.01% |
20,900
-15,000
| -42% | -$1.31M |
|
3742
PUT
Wheaton Precious Metals
WPM
$49.5B
| $2.06M | ﹤0.01% |
22,900
-4,300
| -16% | -$362K |
|
3743
Prestige Consumer Healthcare
PBH
$2.38B
| $2.06M | ﹤0.01% |
25,752
+22,671
| +736% | +$1.9M |
|
|
SZZLU
3744
Sizzle Acquisition Corp II Unit
SZZLU
| $2.06M | ﹤0.01% |
+200,000
| New | +$2.02M |
|
|
SCPH
3745
DELISTED
scPharmaceuticals
SCPH
| $2.05M | ﹤0.01% |
538,470
+454,080
| +538% | +$1.41M |
|
|
KBDC
3746
Kayne Anderson BDC
KBDC
$882M
| $2.05M | ﹤0.01% |
134,419
+83,950
| +166% | +$1.33M |
|
3747
Jones Lang LaSalle
JLL
$16.5B
| $2.05M | ﹤0.01% |
8,000
-239,454
| -97% | -$54.9M |
|
3748
Asana
ASAN
$1.92B
| $2.04M | ﹤0.01% |
151,273
-1,765,948
| -92% | -$27.7M |
|
3749
Everspin Technologies
MRAM
$341M
| $2.04M | ﹤0.01% |
+324,556
| New | +$1.83M |
|
3750
PUT
Powell Industries
POWL
$7.6B
| $2.04M | ﹤0.01% |
29,100
-25,200
| -46% | -$1.52M |
|
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.