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 |
NVIDIA
NVDA
|
+$1.78B |
| 2 |
Apple
AAPL
|
+$1.13B |
| 3 |
ETHA
iShares Ethereum Trust ETF
ETHA
|
+$834M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$784M |
| 5 |
Norfolk Southern
NSC
|
+$613M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applovin
APP
|
+$1.19B |
| 2 |
Palantir
PLTR
|
+$742M |
| 3 |
HES
Hess
HES
|
+$478M |
| 4 |
Oracle
ORCL
|
+$465M |
| 5 |
Thomson Reuters
TRI
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.28% |
| 2 | Financials | 7.68% |
| 3 | Healthcare | 6.5% |
| 4 | Industrials | 5.87% |
| 5 | Consumer Discretionary | 4.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4176
CALL
Vipshop
VIPS
$7.47B
| $1.52M | ﹤0.01% |
+77,500
| New | +$1.29M |
|
|
KREF
4177
KKR Real Estate Finance Trust
KREF
$465M
| $1.52M | ﹤0.01% |
+169,003
| New | +$1.57M |
|
4178
PUT
Colgate-Palmolive
CL
$71.9B
| $1.52M | ﹤0.01% |
19,000
-68,700
| -78% | -$5.86M |
|
4179
PUT
Tapestry
TPR
$31.4B
| $1.52M | ﹤0.01% |
13,400
-1,800
| -12% | -$188K |
|
4180
PUT
Agilent Technologies
A
$39.5B
| $1.51M | ﹤0.01% |
11,800
-43,500
| -79% | -$5.25M |
|
|
SOCAU
4181
Solarius Capital Acquisition Corp Units
SOCAU
| $1.51M | ﹤0.01% |
+150,000
| New | +$1.51M |
|
4182
PUT
Texas Roadhouse
TXRH
$13.8B
| $1.51M | ﹤0.01% |
9,100
-70,600
| -89% | -$12.4M |
|
4183
United States Antimony
UAMY
$839M
| $1.51M | ﹤0.01% |
242,885
+161,569
| +199% | +$675K |
|
4184
Park National Corp
PRK
$3.75B
| $1.5M | ﹤0.01% |
+9,235
| New | +$1.56M |
|
|
MKLYU
4185
McKinley Acquisition Corp Units
MKLYU
$158M
| $1.5M | ﹤0.01% |
+150,000
| New | +$1.5M |
|
4186
OneMain Financial
OMF
$7.44B
| $1.5M | ﹤0.01% |
26,508
-159,021
| -86% | -$9.39M |
|
|
SVC
4187
Service Properties Trust
SVC
$1.02B
| $1.49M | ﹤0.01% |
110,063
-324,031
| -75% | -$4.39M |
|
|
WYFI
4188
WhiteFiber Inc
WYFI
$1B
| $1.49M | ﹤0.01% |
+54,784
| New | +$1.07M |
|
|
WRD
4189
CALL
WeRide Inc
WRD
$1.94B
| $1.49M | ﹤0.01% |
+150,000
| New | +$1.42M |
|
4190
National Healthcare
NHC
$3.48B
| $1.48M | ﹤0.01% |
12,209
-5,605
| -31% | -$605K |
|
4191
United Natural Foods
UNFI
$2.87B
| $1.48M | ﹤0.01% |
39,405
-65,790
| -63% | -$1.8M |
|
4192
PUT
Trane Technologies
TT
$101B
| $1.48M | ﹤0.01% |
3,500
-4,600
| -57% | -$1.97M |
|
4193
PUT
JB Hunt Transport Services
JBHT
$25.1B
| $1.48M | ﹤0.01% |
11,000
+3,300
| +43% | +$475K |
|
4194
Star Bulk Carriers
SBLK
$3.2B
| $1.47M | ﹤0.01% |
+79,305
| New | +$1.49M |
|
4195
Banco de Chile
BCH
$21B
| $1.47M | ﹤0.01% |
48,651
-61,043
| -56% | -$1.78M |
|
4196
Equity Bancshares
EQBK
$1.05B
| $1.47M | ﹤0.01% |
36,198
+1,533
| +4% | +$62.1K |
|
4197
Watts Water Technologies
WTS
$11.7B
| $1.47M | ﹤0.01% |
5,273
-127,032
| -96% | -$34.1M |
|
|
TEAD
4198
Teads Holding Co
TEAD
$78.8M
| $1.47M | ﹤0.01% |
892,376
+769,884
| +629% | +$1.63M |
|
4199
Critical Metals Corp
CRML
$937M
| $1.47M | ﹤0.01% |
+236,388
| New | +$1.21M |
|
4200
MidCap Financial Investment
MFIC
$801M
| $1.47M | ﹤0.01% |
122,591
-124,332
| -50% | -$1.59M |
|
Similar funds
Millennium Management's Q3 2025 Portfolio in Review
As of Q3 2025, Millennium Management held 6,610 positions worth $234B, up 13% from $207B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management's Q3 2025 filing shows 800 new, 2,296 increased, 2,513 reduced and 633 closed positions. Its largest new stake was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M. The largest sale was Applovin, an estimated $1.19B.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q3 2025 buy was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M.
- Millennium Management added most to NVIDIA in Q3 2025, an estimated $1.78B increase.
- Millennium Management's biggest Q3 2025 reduction was Applovin, cutting an estimated $1.19B.
- Millennium Management fully exited Hess in Q3 2025, selling an estimated $478M.
- Millennium Management's ten largest holdings make up 18% of its $234B portfolio in Q3 2025.
- Millennium Management opened 800 new positions and closed 633 in Q3 2025.
- Millennium Management's portfolio value rose 13% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q3 2025, filed 14 Nov 2025.