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 | |
|---|---|---|---|---|---|---|
4101
Invesco Senior Loan ETF
BKLN
$6.97B
| $1.32M | ﹤0.01% |
63,137
-65,614
| -51% | -$1.36M |
|
4102
PUT
Willis Towers Watson
WTW
$31.6B
| $1.32M | ﹤0.01% |
4,300
+200
| +5% | +$62K |
|
4103
Allegiant Air
ALGT
$2.67B
| $1.32M | ﹤0.01% |
23,944
-34,171
| -59% | -$1.76M |
|
4104
PUT
Stanley Black & Decker
SWK
$14.4B
| $1.31M | ﹤0.01% |
19,400
+7,100
| +58% | +$458K |
|
4105
CALL
Clear Secure
YOU
$5.45B
| $1.31M | ﹤0.01% |
47,300
-37,500
| -44% | -$955K |
|
4106
Vanguard Total International Bond ETF
BNDX
$81.9B
| $1.31M | ﹤0.01% |
26,480
+10,900
| +70% | +$536K |
|
|
STKL
4107
DELISTED
SunOpta
STKL
| $1.31M | ﹤0.01% |
225,193
-103,879
| -32% | -$546K |
|
4108
CALL
Cboe Global Markets
CBOE
$31.8B
| $1.31M | ﹤0.01% |
5,600
-1,500
| -21% | -$334K |
|
|
SHYF
4109
DELISTED
The Shyft Group
SHYF
| $1.3M | ﹤0.01% |
103,967
-53,357
| -34% | -$523K |
|
4110
Medifast
MED
$109M
| $1.3M | ﹤0.01% |
92,741
+74,096
| +397% | +$974K |
|
|
GOOS
4111
Canada Goose Holdings
GOOS
$883M
| $1.3M | ﹤0.01% |
116,314
+30,665
| +36% | +$297K |
|
4112
Cabaletta Bio
CABA
$429M
| $1.3M | ﹤0.01% |
855,330
+686,431
| +406% | +$1.07M |
|
|
LX
4113
LexinFintech Holdings
LX
$239M
| $1.3M | ﹤0.01% |
180,038
-194,001
| -52% | -$1.51M |
|
4114
iShares MSCI China ETF
MCHI
$6.29B
| $1.3M | ﹤0.01% |
23,556
-47,335
| -67% | -$2.51M |
|
|
CRON
4115
Cronos Group
CRON
$1.05B
| $1.3M | ﹤0.01% |
677,195
-926,046
| -58% | -$1.75M |
|
4116
Saic
SAIC
$4.93B
| $1.3M | ﹤0.01% |
11,501
-316,448
| -96% | -$36.1M |
|
|
IRBT
4117
DELISTED
iRobot
IRBT
| $1.29M | ﹤0.01% |
413,256
+367,195
| +797% | +$1.02M |
|
|
HI
4118
DELISTED
Hillenbrand
HI
| $1.29M | ﹤0.01% |
64,351
-56,514
| -47% | -$1.18M |
|
4119
Alerus Financial
ALRS
$838M
| $1.29M | ﹤0.01% |
59,658
-49,393
| -45% | -$988K |
|
4120
PUT
Blue Owl Capital
OBDC
$5.32B
| $1.29M | ﹤0.01% |
90,000
| – | – |
|
|
CGC
4121
Canopy Growth
CGC
$384M
| $1.29M | ﹤0.01% |
1,056,702
-783,006
| -43% | -$1.04M |
|
4122
Champion Homes
SKY
$4.38B
| $1.29M | ﹤0.01% |
20,552
-49,477
| -71% | -$3.85M |
|
4123
Townsquare Media
TSQ
$108M
| $1.29M | ﹤0.01% |
162,638
+74,510
| +85% | +$527K |
|
4124
Twin Disc
TWIN
$328M
| $1.29M | ﹤0.01% |
145,682
+101,090
| +227% | +$747K |
|
4125
CALL
Nice
NICE
$5.81B
| $1.28M | ﹤0.01% |
7,600
-3,500
| -32% | -$564K |
|
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.