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 | |
|---|---|---|---|---|---|---|
3976
Lexicon Pharmaceuticals
LXRX
$1.03B
| $1.55M | ﹤0.01% |
+1,643,264
| New | +$1.06M |
|
|
VERV
3977
DELISTED
Verve Therapeutics
VERV
| $1.55M | ﹤0.01% |
138,224
-1,972,550
| -93% | -$11.2M |
|
3978
NBT Bancorp
NBTB
$2.74B
| $1.55M | ﹤0.01% |
37,351
-14,083
| -27% | -$586K |
|
3979
Future Fuel
FF
$217M
| $1.55M | ﹤0.01% |
399,783
+278,098
| +229% | +$1.12M |
|
3980
Excelerate Energy
EE
$1.25B
| $1.55M | ﹤0.01% |
52,865
-362,341
| -87% | -$10.2M |
|
3981
CALL
Qorvo
QRVO
$7.99B
| $1.55M | ﹤0.01% |
18,200
+13,200
| +264% | +$953K |
|
3982
Coca-Cola Femsa
KOF
$22.7B
| $1.54M | ﹤0.01% |
15,970
-76,854
| -83% | -$7.28M |
|
3983
Invesco S&P 500 Low Volatility ETF
SPLV
$7.12B
| $1.54M | ﹤0.01% |
+21,207
| New | +$1.54M |
|
3984
Arbutus Biopharma
ABUS
$857M
| $1.54M | ﹤0.01% |
499,483
+151,263
| +43% | +$502K |
|
|
VOYG
3985
CALL
Voyager Technologies
VOYG
$1.45B
| $1.54M | ﹤0.01% |
+39,300
| New | +$1.87M |
|
|
PLMK
3986
Plum Acquisition Corp IV
PLMK
$256M
| $1.54M | ﹤0.01% |
+150,000
| New | +$1.52M |
|
|
TDAC
3987
Translational Development Acquisition Corp
TDAC
$209M
| $1.54M | ﹤0.01% |
+150,000
| New | +$1.52M |
|
3988
PUT
Asana
ASAN
$1.92B
| $1.54M | ﹤0.01% |
114,100
-13,800
| -11% | -$216K |
|
3989
Matador Resources
MTDR
$6.2B
| $1.54M | ﹤0.01% |
32,261
-575,464
| -95% | -$25.4M |
|
3990
CALL
Welltower
WELL
$169B
| $1.54M | ﹤0.01% |
10,000
| – | – |
|
|
3991
PUT
Welltower
WELL
$169B
| $1.54M | ﹤0.01% |
10,000
| – | – |
|
3992
Farmers National Banc Corp
FMNB
$939M
| $1.53M | ﹤0.01% |
111,149
+62,090
| +127% | +$813K |
|
|
NFBK
3993
DELISTED
Northfield Bancorp
NFBK
| $1.53M | ﹤0.01% |
133,167
-141,875
| -52% | -$1.58M |
|
|
K
3994
PUT
DELISTED
Kellanova
K
| $1.53M | ﹤0.01% |
19,200
+10,800
| +129% | +$883K |
|
3995
Rekor Systems
REKR
$85.8M
| $1.53M | ﹤0.01% |
1,315,303
+1,176,482
| +847% | +$1.24M |
|
3996
Veru
VERU
$36M
| $1.53M | ﹤0.01% |
262,149
+260,652
| +17,412% | +$1.46M |
|
3997
Liberty Latin America Class A
LILA
$1.64B
| $1.52M | ﹤0.01% |
367,828
+279,673
| +317% | +$1.01M |
|
3998
FuelCell Energy
FCEL
$1.73B
| $1.52M | ﹤0.01% |
270,667
+226,967
| +519% | +$1.1M |
|
3999
Advantage Solutions
ADV
$522M
| $1.52M | ﹤0.01% |
45,988
+24,136
| +110% | +$795K |
|
4000
Southside Bancshares
SBSI
$967M
| $1.52M | ﹤0.01% |
51,499
-7,112
| -12% | -$202K |
|
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.