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 | |
|---|---|---|---|---|---|---|
4001
Ranger Energy Services
RNGR
$378M
| $1.52M | ﹤0.01% |
126,922
+92,535
| +269% | +$1.11M |
|
4002
Granite Ridge Resources
GRNT
$627M
| $1.51M | ﹤0.01% |
237,271
+93,433
| +65% | +$515K |
|
|
ASIC
4003
Ategrity Specialty Insurance
ASIC
$1.16B
| $1.51M | ﹤0.01% |
+69,960
| New | +$1.6M |
|
|
ALMS
4004
Alumis Inc
ALMS
$3.59B
| $1.5M | ﹤0.01% |
+501,085
| New | +$2.37M |
|
4005
CALL
Matador Resources
MTDR
$6.17B
| $1.5M | ﹤0.01% |
31,500
+8,300
| +36% | +$366K |
|
4006
PUT
Haemonetics
HAE
$3.87B
| $1.49M | ﹤0.01% |
20,000
+15,000
| +300% | +$993K |
|
|
SERV
4007
Serve Robotics
SERV
$408M
| $1.49M | ﹤0.01% |
130,194
+110,811
| +572% | +$974K |
|
4008
American Express Global Business Travel
GBTG
$4.93B
| $1.49M | ﹤0.01% |
236,360
-1,135,878
| -83% | -$7.3M |
|
4009
CALL
Burlington
BURL
$23.3B
| $1.49M | ﹤0.01% |
6,400
+400
| +7% | +$95.1K |
|
|
TECX
4010
Tectonic Therapeutic
TECX
$533M
| $1.49M | ﹤0.01% |
74,889
-163,049
| -69% | -$3.31M |
|
4011
CALL
Rigetti Computing
RGTI
$5.01B
| $1.49M | ﹤0.01% |
125,400
+24,200
| +24% | +$255K |
|
4012
Acadia Pharmaceuticals
ACAD
$4.41B
| $1.49M | ﹤0.01% |
68,920
-29,025
| -30% | -$540K |
|
4013
CALL
Equinor
EQNR
$97.8B
| $1.48M | ﹤0.01% |
59,000
| – | – |
|
4014
PUT
Commault Systems
CVLT
$4.88B
| $1.48M | ﹤0.01% |
8,500
-200
| -2% | -$34.1K |
|
|
ONIT
4015
Onity Group
ONIT
$308M
| $1.48M | ﹤0.01% |
38,786
+25,268
| +187% | +$893K |
|
4016
Anterix
ATEX
$1.83B
| $1.48M | ﹤0.01% |
57,561
-58,912
| -51% | -$1.72M |
|
4017
Corsair Gaming
CRSR
$1.13B
| $1.48M | ﹤0.01% |
156,560
+123,686
| +376% | +$998K |
|
4018
PUT
ARK Web x.0 ETF
ARKW
$1.63B
| $1.48M | ﹤0.01% |
+10,000
| New | +$1.14M |
|
4019
CALL
International Flavors & Fragrances
IFF
$20.2B
| $1.47M | ﹤0.01% |
+20,000
| New | +$1.51M |
|
4020
LifeMD
LFMD
$168M
| $1.47M | ﹤0.01% |
107,698
-368,764
| -77% | -$3.48M |
|
|
PRO
4021
DELISTED
PROS Holdings
PRO
| $1.47M | ﹤0.01% |
93,555
-49,613
| -35% | -$845K |
|
4022
First Business Financial Services
FBIZ
$586M
| $1.46M | ﹤0.01% |
28,913
+9,625
| +50% | +$462K |
|
4023
Abeona Therapeutics
ABEO
$365M
| $1.46M | ﹤0.01% |
257,015
-552,951
| -68% | -$3.15M |
|
4024
Automatic Data Processing
ADP
$106B
| $1.46M | ﹤0.01% |
4,731
-85,896
| -95% | -$26.4M |
|
4025
Zymeworks
ZYME
$1.62B
| $1.46M | ﹤0.01% |
116,102
-179,504
| -61% | -$2.14M |
|
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.