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 | |
|---|---|---|---|---|---|---|
4251
Cricut
CRCT
$976M
| $1.06M | ﹤0.01% |
155,896
-112,984
| -42% | -$645K |
|
4252
PUT
O'Reilly Automotive
ORLY
$71.3B
| $1.05M | ﹤0.01% |
+11,700
| New | +$1.07M |
|
4253
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.3B
| $1.05M | ﹤0.01% |
28,039
-658
| -2% | -$24.1K |
|
4254
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.61B
| $1.05M | ﹤0.01% |
24,345
+2,650
| +12% | +$112K |
|
4255
Centuri Holdings
CTRI
$2.71B
| $1.05M | ﹤0.01% |
+46,637
| New | +$912K |
|
4256
PUT
CRH
CRH
$63.9B
| $1.05M | ﹤0.01% |
+11,400
| New | +$1.04M |
|
4257
Alta Equipment Group
ALTG
$197M
| $1.05M | ﹤0.01% |
165,527
+16,997
| +11% | +$86K |
|
4258
Vail Resorts
MTN
$5.45B
| $1.05M | ﹤0.01% |
6,656
-207,000
| -97% | -$30.8M |
|
4259
Kinsale Capital Group
KNSL
$8.11B
| $1.04M | ﹤0.01% |
+2,159
| New | +$1.01M |
|
|
ZK
4260
DELISTED
Zeekr
ZK
| $1.04M | ﹤0.01% |
40,937
-225,811
| -85% | -$5.56M |
|
|
QIPT
4261
DELISTED
Quipt Home Medical
QIPT
| $1.04M | ﹤0.01% |
+579,498
| New | +$1.14M |
|
4262
CALL
DigitalBridge
DBRG
$2.93B
| $1.04M | ﹤0.01% |
100,200
| – | – |
|
|
BRY
4263
DELISTED
Berry Corp
BRY
| $1.04M | ﹤0.01% |
374,358
-132,607
| -26% | -$354K |
|
4264
KNOT Offshore Partners
KNOP
$358M
| $1.04M | ﹤0.01% |
165,495
-18,693
| -10% | -$122K |
|
4265
Prothena Corp
PRTA
$440M
| $1.04M | ﹤0.01% |
170,579
+118,112
| +225% | +$886K |
|
|
4266
PUT
DigitalBridge
DBRG
$2.93B
| $1.03M | ﹤0.01% |
100,000
| – | – |
|
4267
Dakota Gold
DC
$624M
| $1.03M | ﹤0.01% |
280,434
+179,597
| +178% | +$561K |
|
|
SVCCU
4268
Stellar V Capital Corp Unit
SVCCU
| $1.03M | ﹤0.01% |
100,000
-550,000
| -85% | -$5.64M |
|
4269
Star Holdings Shares of Beneficial Interest
STHO
$113M
| $1.03M | ﹤0.01% |
132,071
+111,370
| +538% | +$770K |
|
4270
Crexendo
CXDO
$221M
| $1.03M | ﹤0.01% |
169,686
-169,668
| -50% | -$886K |
|
4271
Oxford Square Capital
OXSQ
$151M
| $1.03M | ﹤0.01% |
461,541
+347,236
| +304% | +$833K |
|
4272
ADC Therapeutics
ADCT
$141M
| $1.03M | ﹤0.01% |
383,674
+218,857
| +133% | +$460K |
|
4273
Weibo
WB
$1.99B
| $1.03M | ﹤0.01% |
107,790
-214,580
| -67% | -$1.89M |
|
4274
CALL
BridgeBio Pharma
BBIO
$16.1B
| $1.02M | ﹤0.01% |
23,700
+10,000
| +73% | +$364K |
|
4275
Adeia
ADEA
$2.8B
| $1.02M | ﹤0.01% |
72,181
+39,592
| +121% | +$512K |
|
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.