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 | |
|---|---|---|---|---|---|---|
3751
CALL
Nektar Therapeutics
NKTR
$2.39B
| $2.04M | ﹤0.01% |
+79,000
| New | +$887K |
|
3752
Kearny Financial
KRNY
$604M
| $2.04M | ﹤0.01% |
315,349
+73,400
| +30% | +$452K |
|
|
IPCX
3753
Inflection Point Acquisition Corp III
IPCX
$300M
| $2.04M | ﹤0.01% |
+199,862
| New | +$2.04M |
|
3754
PUT
Signet Jewelers
SIG
$3.61B
| $2.04M | ﹤0.01% |
25,600
-17,300
| -40% | -$1.15M |
|
|
IAUX
3755
i-80 Gold Corp
IAUX
$1.11B
| $2.04M | ﹤0.01% |
+3,402,194
| New | +$2.01M |
|
|
KCHVU
3756
Kochav Defense Acquisition Corp Units
KCHVU
| $2.04M | ﹤0.01% |
+200,000
| New | +$2.02M |
|
|
SOUL.U
3757
Soulpower Acquisition Corp Units
SOUL.U
| $2.03M | ﹤0.01% |
+200,000
| New | +$2.01M |
|
3758
PUT
Xcel Energy
XEL
$48.8B
| $2.03M | ﹤0.01% |
29,800
+19,800
| +198% | +$1.37M |
|
3759
FLEX LNG
FLNG
$1.69B
| $2.03M | ﹤0.01% |
92,207
+33,811
| +58% | +$792K |
|
|
CGCTU
3760
DELISTED
Cartesian Growth Corp III Unit
CGCTU
| $2.03M | ﹤0.01% |
+200,000
| New | +$2.01M |
|
3761
Blink Charging
BLNK
$74.3M
| $2.02M | ﹤0.01% |
2,154,476
+2,051,513
| +1,992% | +$1.64M |
|
3762
CALL
Equity Residential
EQR
$24.9B
| $2.02M | ﹤0.01% |
30,000
+23,100
| +335% | +$1.59M |
|
3763
Globus Medical
GMED
$10.7B
| $2.02M | ﹤0.01% |
34,233
+20,586
| +151% | +$1.33M |
|
3764
CALL
Citizens Financial Group
CFG
$30.3B
| $2.02M | ﹤0.01% |
45,100
+32,200
| +250% | +$1.27M |
|
3765
CALL
Teladoc Health
TDOC
$1.22B
| $2.02M | ﹤0.01% |
231,500
+19,400
| +9% | +$141K |
|
3766
PUT
Archer Daniels Midland
ADM
$38.2B
| $2.02M | ﹤0.01% |
38,200
+17,500
| +85% | +$851K |
|
3767
Sony
SONY
$137B
| $2.01M | ﹤0.01% |
77,356
-1,219,672
| -94% | -$30.5M |
|
|
CLBR
3768
DELISTED
Colombier Acquisition Corp II
CLBR
| $2.01M | ﹤0.01% |
130,000
-46,816
| -26% | -$613K |
|
|
NREF
3769
NexPoint Real Estate Finance
NREF
$320M
| $2.01M | ﹤0.01% |
145,581
-20,468
| -12% | -$293K |
|
3770
Tompkins Financial
TMP
$1.43B
| $2.01M | ﹤0.01% |
31,986
-9,534
| -23% | -$581K |
|
3771
VanEck Vietnam ETF
VNM
$491M
| $2.01M | ﹤0.01% |
+145,878
| New | +$1.85M |
|
3772
MediaAlpha
MAX
$758M
| $2M | ﹤0.01% |
183,063
-431,479
| -70% | -$4.17M |
|
3773
CALL
Antero Resources
AR
$11.1B
| $2M | ﹤0.01% |
49,700
-35,200
| -41% | -$1.33M |
|
3774
CALL
Coupang
CPNG
$29.3B
| $2M | ﹤0.01% |
66,700
+29,400
| +79% | +$753K |
|
3775
Origin Bancorp
OBK
$1.69B
| $2M | ﹤0.01% |
55,897
-45,165
| -45% | -$1.5M |
|
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.