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 | |
|---|---|---|---|---|---|---|
3876
PUT
Planet Fitness
PLNT
$4.42B
| $1.77M | ﹤0.01% |
16,200
+5,800
| +56% | +$581K |
|
|
ONL
3877
Orion Office REIT
ONL
$150M
| $1.76M | ﹤0.01% |
828,103
+681,919
| +466% | +$1.3M |
|
3878
Westrock Coffee
WEST
$792M
| $1.76M | ﹤0.01% |
307,554
-61,058
| -17% | -$394K |
|
3879
CALL
Arvinas
ARVN
$518M
| $1.76M | ﹤0.01% |
+239,000
| New | +$1.76M |
|
|
TEF
3880
DELISTED
Telefonica
TEF
| $1.76M | ﹤0.01% |
336,269
-167,672
| -33% | -$843K |
|
3881
JetBlue
JBLU
$2.28B
| $1.76M | ﹤0.01% |
415,572
+94,621
| +29% | +$424K |
|
3882
Hawkins
HWKN
$2.67B
| $1.76M | ﹤0.01% |
12,365
-16,245
| -57% | -$2.04M |
|
3883
Citi Trends
CTRN
$555M
| $1.75M | ﹤0.01% |
52,539
+27,620
| +111% | +$703K |
|
|
NAGE
3884
Niagen Bioscience
NAGE
$271M
| $1.75M | ﹤0.01% |
121,553
-479,347
| -80% | -$4.73M |
|
|
DYNCU
3885
Dynamix Corp Unit
DYNCU
| $1.75M | ﹤0.01% |
169,557
-305,612
| -64% | -$3.12M |
|
3886
CALL
BJs Wholesale Club
BJ
$12.5B
| $1.75M | ﹤0.01% |
16,200
+4,000
| +33% | +$456K |
|
3887
Graham Holdings Company
GHC
$5.18B
| $1.75M | ﹤0.01% |
1,845
+305
| +20% | +$287K |
|
|
VRNT
3888
DELISTED
Verint Systems
VRNT
| $1.75M | ﹤0.01% |
88,737
-426,717
| -83% | -$7.45M |
|
3889
Energy Vault
NRGV
$517M
| $1.74M | ﹤0.01% |
2,428,640
+2,157,300
| +795% | +$1.74M |
|
3890
Viant Technology
DSP
$236M
| $1.74M | ﹤0.01% |
131,551
-11,497
| -8% | -$157K |
|
3891
CALL
J.M. Smucker
SJM
$12.7B
| $1.74M | ﹤0.01% |
17,700
-8,000
| -31% | -$880K |
|
3892
First Community Corp
FCCO
$321M
| $1.74M | ﹤0.01% |
71,200
-124,327
| -64% | -$2.86M |
|
3893
CALL
Plains GP Holdings
PAGP
$5.21B
| $1.73M | ﹤0.01% |
89,100
-15,500
| -15% | -$289K |
|
3894
Stryker
SYK
$125B
| $1.73M | ﹤0.01% |
4,370
-23,704
| -84% | -$8.87M |
|
3895
Helmerich & Payne
HP
$3.45B
| $1.73M | ﹤0.01% |
114,021
-88,511
| -44% | -$1.62M |
|
3896
Krystal Biotech
KRYS
$10.1B
| $1.73M | ﹤0.01% |
12,562
-47,826
| -79% | -$7.02M |
|
3897
Capricor Therapeutics
CAPR
$223M
| $1.73M | ﹤0.01% |
173,848
-48,222
| -22% | -$509K |
|
3898
CALL
Teva Pharmaceuticals
TEVA
$40.8B
| $1.73M | ﹤0.01% |
103,000
+47,000
| +84% | +$758K |
|
3899
GoPro
GPRO
$130M
| $1.73M | ﹤0.01% |
2,278,391
+2,159,191
| +1,811% | +$1.4M |
|
3900
Jack Henry & Associates
JKHY
$10.9B
| $1.72M | ﹤0.01% |
9,552
-151,628
| -94% | -$26.9M |
|
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.