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 |
iShares Core S&P 500 ETF
IVV
|
+$4.75B |
| 2 |
Walmart Inc
WMT
|
+$3.98B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.42B |
| 4 |
Broadcom
AVGO
|
+$943M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$785M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$572M |
| 2 |
NVIDIA
NVDA
|
+$566M |
| 3 |
Apple
AAPL
|
+$554M |
| 4 |
AbbVie
ABBV
|
+$455M |
| 5 |
Bank of America
BAC
|
+$411M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.52% |
| 2 | Healthcare | 7.46% |
| 3 | Financials | 6.74% |
| 4 | Industrials | 6.14% |
| 5 | Consumer Discretionary | 4.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3826
TIM SA
TIMB
$9.16B
| $2.05M | ﹤0.01% |
105,334
+86,545
| +461% | +$1.9M |
|
|
FCRS
3827
FutureCrest Acquisition Corp
FCRS
$368M
| $2.05M | ﹤0.01% |
+202,496
| New | +$2.05M |
|
|
OTGAU
3828
OTG Acquisition Corp I Unit
OTGAU
| $2.04M | ﹤0.01% |
200,662
-299,338
| -60% | -$3.04M |
|
|
SVC
3829
Service Properties Trust
SVC
$1.04B
| $2.04M | ﹤0.01% |
221,925
+111,862
| +102% | +$1.12M |
|
3830
TripAdvisor
TRIP
$1.65B
| $2.04M | ﹤0.01% |
140,102
+54,283
| +63% | +$826K |
|
3831
PUT
Citizens Financial Group
CFG
$30.3B
| $2.04M | ﹤0.01% |
34,900
+5,900
| +20% | +$317K |
|
|
CIO
3832
DELISTED
City Office REIT
CIO
| $2.04M | ﹤0.01% |
291,630
-162,386
| -36% | -$1.12M |
|
3833
TAT Technologies
TATT
$505M
| $2.03M | ﹤0.01% |
+45,536
| New | +$1.86M |
|
|
HVMCU
3834
Highview Merger Corp Units
HVMCU
| $2.03M | ﹤0.01% |
200,000
-1,150,000
| -85% | -$11.7M |
|
3835
Everspin Technologies
MRAM
$341M
| $2.02M | ﹤0.01% |
218,094
-69,288
| -24% | -$659K |
|
3836
CALL
Kinder Morgan
KMI
$71.7B
| $2.02M | ﹤0.01% |
73,600
+7,000
| +11% | +$189K |
|
|
SAIL
3837
CALL
SailPoint Inc
SAIL
$9.51B
| $2.02M | ﹤0.01% |
+100,000
| New | +$2.08M |
|
|
SMLR
3838
DELISTED
Semler Scientific
SMLR
| $2.02M | ﹤0.01% |
132,214
+66,854
| +102% | +$1.52M |
|
|
YCY.U
3839
AA Mission Acquisition Corp II Units
YCY.U
| $2.02M | ﹤0.01% |
+200,000
| New | +$2.01M |
|
3840
CNB Financial Corp
CCNE
$1.04B
| $2.02M | ﹤0.01% |
+77,057
| New | +$1.95M |
|
3841
PUT
Rocket Lab Corp
RKLB
$40.6B
| $2.02M | ﹤0.01% |
+28,900
| New | +$1.66M |
|
3842
CALL
WEC Energy
WEC
$35.7B
| $2.01M | ﹤0.01% |
+19,100
| New | +$2.11M |
|
3843
South Plains Financial
SPFI
$845M
| $2.01M | ﹤0.01% |
51,865
-19,768
| -28% | -$757K |
|
3844
LXP Industrial Trust
LXP
$3.57B
| $2.01M | ﹤0.01% |
40,580
-9,022
| -18% | -$432K |
|
|
TTAM
3845
Titan America SA
TTAM
$2.85B
| $2.01M | ﹤0.01% |
121,967
-240,291
| -66% | -$3.76M |
|
3846
MaxCyte
MXCT
$112M
| $2M | ﹤0.01% |
1,292,773
+1,183,461
| +1,083% | +$1.89M |
|
|
MITT
3847
TPG Mortgage Investment Trust
MITT
$222M
| $2M | ﹤0.01% |
+235,024
| New | +$1.84M |
|
3848
CALL
Celcuity
CELC
$4.21B
| $1.99M | ﹤0.01% |
+20,000
| New | +$1.64M |
|
3849
Cerus
CERS
$433M
| $1.99M | ﹤0.01% |
967,694
-2,502,368
| -72% | -$4.34M |
|
3850
Blackstone Mortgage Trust
BXMT
$2.45B
| $1.99M | ﹤0.01% |
104,199
-117,649
| -53% | -$2.23M |
|
Similar funds
Millennium Management's Q4 2025 Portfolio in Review
As of Q4 2025, Millennium Management held 6,645 positions worth $238B, up 1.5% from $234B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Millennium Management's Q4 2025 filing shows 668 new, 2,203 increased, 2,701 reduced and 696 closed positions. Its largest new stake was iShares Russell 1000 ETF: 455,129 shares worth $170M. The largest sale was Microsoft, an estimated $572M.
By sector, the portfolio is most concentrated in Technology at 9.5% of assets, up from 9.3% a quarter earlier, followed by Healthcare and Financials.
- Millennium Management's largest Q4 2025 buy was iShares Russell 1000 ETF: 455,129 shares worth $170M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q4 2025, an estimated $4.75B increase.
- Millennium Management's biggest Q4 2025 reduction was Microsoft, cutting an estimated $572M.
- Millennium Management fully exited Mr. Cooper in Q4 2025, selling an estimated $277M.
- Millennium Management's ten largest holdings make up 19% of its $238B portfolio in Q4 2025.
- Millennium Management opened 668 new positions and closed 696 in Q4 2025.
- Millennium Management's portfolio value rose 1.5% quarter-over-quarter to $238B.
Based on Millennium Management's 13F filing for Q4 2025, filed 17 Feb 2026.