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 | |
|---|---|---|---|---|---|---|
|
SLSR
4226
Solaris Resources
SLSR
$1.29B
| $1.09M | ﹤0.01% |
+238,705
| New | +$969K |
|
|
AISPW
4227
CALL
Airship AI Holdings Warrants
AISPW
$12.2M
| $1.09M | ﹤0.01% |
548,250
| – | – |
|
4228
PUT
Equifax
EFX
$20.7B
| $1.09M | ﹤0.01% |
+4,200
| New | +$1.07M |
|
4229
Paysafe
PSFE
$434M
| $1.09M | ﹤0.01% |
+86,299
| New | +$1.18M |
|
4230
Telesat
TSAT
$570M
| $1.08M | ﹤0.01% |
44,390
+26,901
| +154% | +$472K |
|
4231
CALL
DaVita
DVA
$15.3B
| $1.08M | ﹤0.01% |
7,600
-200
| -3% | -$28.3K |
|
4232
PUT
Eldorado Gold
EGO
$8.53B
| $1.08M | ﹤0.01% |
53,200
+1,600
| +3% | +$31.1K |
|
4233
Ring Energy
REI
$315M
| $1.08M | ﹤0.01% |
1,362,351
+1,047,927
| +333% | +$887K |
|
4234
FreightCar America
RAIL
$261M
| $1.08M | ﹤0.01% |
125,289
-483,491
| -79% | -$3.37M |
|
4235
CALL
Illumina
ILMN
$31B
| $1.08M | ﹤0.01% |
11,300
-27,000
| -70% | -$2.19M |
|
4236
Pacific Biosciences
PACB
$460M
| $1.08M | ﹤0.01% |
868,240
-1,335,804
| -61% | -$1.54M |
|
4237
StealthGas
GASS
$329M
| $1.07M | ﹤0.01% |
167,278
-116,963
| -41% | -$670K |
|
4238
CALL
Tencent Music
TME
$15.5B
| $1.07M | ﹤0.01% |
55,000
| – | – |
|
4239
NWPX Infrastructure Inc
NWPX
$1.22B
| $1.07M | ﹤0.01% |
26,112
-87,975
| -77% | -$3.54M |
|
4240
CALL
SharkNinja
SN
$23.1B
| $1.07M | ﹤0.01% |
10,800
+4,500
| +71% | +$389K |
|
|
MTA
4241
Metalla Royalty & Streaming
MTA
$712M
| $1.07M | ﹤0.01% |
278,201
+231,657
| +498% | +$739K |
|
4242
First Advantage
FA
$3.44B
| $1.07M | ﹤0.01% |
64,198
+22,927
| +56% | +$370K |
|
4243
First Community Bankshares
FCBC
$899M
| $1.06M | ﹤0.01% |
27,174
+11,934
| +78% | +$456K |
|
4244
Greenlight Captial
GLRE
$552M
| $1.06M | ﹤0.01% |
73,960
+12,594
| +21% | +$173K |
|
|
GOLD
4245
Gold.com Inc
GOLD
$1.22B
| $1.06M | ﹤0.01% |
47,763
-60,146
| -56% | -$1.33M |
|
4246
PUT
Fastly Inc
FSLY
$3.37B
| $1.06M | ﹤0.01% |
150,000
| – | – |
|
4247
ROBO Global Robotics & Automation Index ETF
ROBO
$1.94B
| $1.06M | ﹤0.01% |
17,711
+4,957
| +39% | +$265K |
|
|
TDAY
4248
USA Today Co
TDAY
$1.28B
| $1.06M | ﹤0.01% |
295,585
+42,944
| +17% | +$144K |
|
4249
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.8B
| $1.06M | ﹤0.01% |
41,691
+19,116
| +85% | +$467K |
|
4250
Immunome
IMNM
$2.61B
| $1.06M | ﹤0.01% |
113,552
-347,507
| -75% | -$2.85M |
|
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.