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 | |
|---|---|---|---|---|---|---|
3926
Alico
ALCO
$280M
| $1.65M | ﹤0.01% |
+50,515
| New | +$1.53M |
|
|
CEPT
3927
DELISTED
Cantor Equity Partners II
CEPT
| $1.65M | ﹤0.01% |
+149,594
| New | +$1.69M |
|
3928
PUT
Sable Offshore Corp
SOC
$1.01B
| $1.65M | ﹤0.01% |
+75,000
| New | +$1.74M |
|
3929
Kulicke & Soffa
KLIC
$4.67B
| $1.65M | ﹤0.01% |
47,632
-102,771
| -68% | -$3.34M |
|
3930
CALL
Zeta Global
ZETA
$5.38B
| $1.65M | ﹤0.01% |
+106,200
| New | +$1.41M |
|
3931
L3Harris
LHX
$51.6B
| $1.64M | ﹤0.01% |
6,557
-100,531
| -94% | -$23.1M |
|
3932
CALL
Paycom
PAYC
$7.64B
| $1.64M | ﹤0.01% |
7,100
+3,100
| +78% | +$735K |
|
3933
CALL
Invitation Homes
INVH
$17.7B
| $1.64M | ﹤0.01% |
+50,000
| New | +$1.68M |
|
3934
VEON
VEON
$3.62B
| $1.64M | ﹤0.01% |
+35,565
| New | +$1.64M |
|
3935
XBiotech
XBIT
$68M
| $1.64M | ﹤0.01% |
551,347
+468,991
| +569% | +$1.36M |
|
3936
Great Southern Bancorp
GSBC
$874M
| $1.64M | ﹤0.01% |
27,849
-16,503
| -37% | -$921K |
|
3937
Valaris
VAL
$5.48B
| $1.63M | ﹤0.01% |
+38,783
| New | +$1.46M |
|
3938
Fomento Económico Mexicano
FMX
$43.6B
| $1.63M | ﹤0.01% |
15,851
-174,407
| -92% | -$18M |
|
3939
CALL
M&T Bank
MTB
$35.7B
| $1.63M | ﹤0.01% |
8,400
+6,600
| +367% | +$1.16M |
|
3940
PUT
Fortis
FTS
$29B
| $1.63M | ﹤0.01% |
25,000
| – | – |
|
3941
Tactile Systems Technology
TCMD
$635M
| $1.62M | ﹤0.01% |
160,053
-18,382
| -10% | -$210K |
|
3942
PUT
Tractor Supply
TSCO
$16.1B
| $1.62M | ﹤0.01% |
30,700
-86,500
| -74% | -$4.42M |
|
3943
Flowers Foods
FLO
$1.49B
| $1.62M | ﹤0.01% |
101,336
-848,352
| -89% | -$14.6M |
|
3944
PUT
TotalEnergies
TTE
$195B
| $1.61M | ﹤0.01% |
26,300
+2,600
| +11% | +$154K |
|
|
MREO
3945
Mereo BioPharma
MREO
$54.7M
| $1.61M | ﹤0.01% |
595,673
+201,242
| +51% | +$486K |
|
3946
PUT
HubSpot
HUBS
$12.2B
| $1.61M | ﹤0.01% |
2,900
| – | – |
|
|
OBE
3947
Obsidian Energy
OBE
$716M
| $1.61M | ﹤0.01% |
289,924
-14,510
| -5% | -$71.9K |
|
3948
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $1.61M | ﹤0.01% |
27,349
+15,123
| +124% | +$886K |
|
|
TBIL
3949
F/m US Treasury 3 Month Bill Fund
TBIL
$7.19B
| $1.61M | ﹤0.01% |
+32,122
| New | +$1.6M |
|
3950
Atomera
ATOM
$200M
| $1.61M | ﹤0.01% |
318,614
-83,065
| -21% | -$443K |
|
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.