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 | |
|---|---|---|---|---|---|---|
4176
PUT
Corteva
CTVA
$59.8B
| $1.17M | ﹤0.01% |
15,700
+7,800
| +99% | +$520K |
|
4177
PUT
Tyson Foods
TSN
$21.4B
| $1.17M | ﹤0.01% |
20,900
-34,100
| -62% | -$1.96M |
|
4178
West Bancorporation
WTBA
$473M
| $1.16M | ﹤0.01% |
+59,229
| New | +$1.15M |
|
4179
Sabre
SABR
$739M
| $1.16M | ﹤0.01% |
367,161
+169,137
| +85% | +$434K |
|
4180
Travelers Companies
TRV
$78.4B
| $1.16M | ﹤0.01% |
4,332
-357,579
| -99% | -$94.3M |
|
4181
CALL
MasTec
MTZ
$25.6B
| $1.16M | ﹤0.01% |
6,800
-3,700
| -35% | -$533K |
|
4182
CALL
VeriSign
VRSN
$25.9B
| $1.16M | ﹤0.01% |
4,000
-7,400
| -65% | -$2M |
|
4183
PUT
Dover
DOV
$27.5B
| $1.15M | ﹤0.01% |
6,300
-6,300
| -50% | -$1.1M |
|
4184
Contango Silver & Gold Inc
CTGO
$543M
| $1.15M | ﹤0.01% |
59,247
+1,995
| +3% | +$32.1K |
|
4185
Civista Bancshares
CIVB
$601M
| $1.15M | ﹤0.01% |
49,701
-11,808
| -19% | -$257K |
|
|
SLN
4186
Silence Therapeutics
SLN
$549M
| $1.15M | ﹤0.01% |
198,647
-198,215
| -50% | -$850K |
|
4187
First Mid Bancshares
FMBH
$1.38B
| $1.15M | ﹤0.01% |
30,702
-48,511
| -61% | -$1.7M |
|
|
AHRT
4188
AH Realty Trust
AHRT
$536M
| $1.15M | ﹤0.01% |
167,355
-18,911
| -10% | -$131K |
|
4189
PUT
US Global Jets ETF
JETS
$786M
| $1.15M | ﹤0.01% |
50,000
-50,000
| -50% | -$1.06M |
|
4190
Upexi
UPXI
$59.5M
| $1.15M | ﹤0.01% |
+385,253
| New | +$3.33M |
|
4191
Puma Biotechnology
PBYI
$402M
| $1.15M | ﹤0.01% |
334,609
-1,050,585
| -76% | -$3.35M |
|
4192
Colony Bankcorp
CBAN
$462M
| $1.15M | ﹤0.01% |
69,664
+8,113
| +13% | +$125K |
|
4193
PUT
GlobalFoundries
GFS
$27.4B
| $1.15M | ﹤0.01% |
30,000
+22,700
| +311% | +$823K |
|
4194
Entrada Therapeutics
TRDA
$263M
| $1.14M | ﹤0.01% |
+170,322
| New | +$1.37M |
|
4195
Disc Medicine
IRON
$3.03B
| $1.14M | ﹤0.01% |
21,593
-86,906
| -80% | -$4.08M |
|
4196
CALL
Ambarella
AMBA
$3.25B
| $1.14M | ﹤0.01% |
17,300
-4,000
| -19% | -$212K |
|
4197
Harrow
HROW
$1.45B
| $1.14M | ﹤0.01% |
37,419
-38,826
| -51% | -$1.04M |
|
4198
First United
FUNC
$283M
| $1.14M | ﹤0.01% |
36,731
-103,855
| -74% | -$3.07M |
|
4199
CALL
VF Corp
VFC
$5.88B
| $1.14M | ﹤0.01% |
+96,900
| New | +$1.2M |
|
4200
PUT
Freshpet
FRPT
$2.98B
| $1.13M | ﹤0.01% |
16,700
-1,600
| -9% | -$125K |
|
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.