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 | |
|---|---|---|---|---|---|---|
4576
Ring Energy
REI
$315M
| $904K | ﹤0.01% |
829,481
-532,870
| -39% | -$482K |
|
4577
FS Bancorp
FSBW
$319M
| $904K | ﹤0.01% |
22,644
-607
| -3% | -$24.9K |
|
4578
CALL
Franklin Resources
BEN
$17.6B
| $902K | ﹤0.01% |
39,000
+11,000
| +39% | +$272K |
|
4579
PUT
Samsara
IOT
$21.7B
| $901K | ﹤0.01% |
24,200
-125,800
| -84% | -$4.67M |
|
4580
CALL
Teradata
TDC
$2.92B
| $899K | ﹤0.01% |
+41,800
| New | +$900K |
|
4581
Oxford Industries
OXM
$566M
| $898K | ﹤0.01% |
22,153
-431,460
| -95% | -$18.7M |
|
4582
CALL
UroGen Pharma
URGN
$1.86B
| $898K | ﹤0.01% |
45,000
+100
| +0.2% | +$1.8K |
|
|
CCRN
4583
DELISTED
Cross Country Healthcare
CCRN
| $897K | ﹤0.01% |
63,187
+14,277
| +29% | +$189K |
|
|
NVMI
4584
CALL
Nova
NVMI
$12.4B
| $895K | ﹤0.01% |
2,800
+1,200
| +75% | +$331K |
|
4585
iShares MSCI Brazil ETF
EWZ
$9.28B
| $894K | ﹤0.01% |
28,840
-661,452
| -96% | -$18.9M |
|
4586
Talos Energy
TALO
$2.53B
| $894K | ﹤0.01% |
93,180
-517,789
| -85% | -$4.65M |
|
4587
OneSpaWorld
OSW
$2.61B
| $894K | ﹤0.01% |
42,269
+16,472
| +64% | +$360K |
|
4588
Aveanna Healthcare
AVAH
$2.04B
| $893K | ﹤0.01% |
100,687
-23,255
| -19% | -$147K |
|
4589
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $890K | ﹤0.01% |
18,461
+2,655
| +17% | +$128K |
|
4590
CALL
Credit Acceptance
CACC
$5.95B
| $887K | ﹤0.01% |
+1,900
| New | +$948K |
|
4591
Global X Copper Miners ETF NEW
COPX
$7.29B
| $884K | ﹤0.01% |
14,782
-7,489
| -34% | -$362K |
|
4592
PUT
Riot Platforms
RIOT
$7.63B
| $881K | ﹤0.01% |
+46,300
| New | +$641K |
|
4593
Veru
VERU
$36M
| $880K | ﹤0.01% |
231,602
-30,547
| -12% | -$132K |
|
4594
CALL
ProShares UltraPro QQQ
TQQQ
$32.1B
| $879K | ﹤0.01% |
17,000
| – | – |
|
|
TRUE
4595
DELISTED
TrueCar
TRUE
| $878K | ﹤0.01% |
477,100
+449,970
| +1,659% | +$905K |
|
4596
Leslie's
LESL
$8.9M
| $876K | ﹤0.01% |
159,307
-37,386
| -19% | -$275K |
|
4597
Foghorn Therapeutics
FHTX
$266M
| $874K | ﹤0.01% |
178,791
+160,197
| +862% | +$849K |
|
|
OCFT
4598
DELISTED
OneConnect Financial Technology
OCFT
| $874K | ﹤0.01% |
115,300
+15,357
| +15% | +$113K |
|
4599
CALL
Antero Resources
AR
$11.1B
| $873K | ﹤0.01% |
26,000
-23,700
| -48% | -$790K |
|
4600
Matthews International
MATW
$866M
| $871K | ﹤0.01% |
+35,887
| New | +$881K |
|
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.