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 | |
|---|---|---|---|---|---|---|
4676
Terreno Realty
TRNO
$7.57B
| $794K | ﹤0.01% |
13,992
-40,849
| -74% | -$2.32M |
|
4677
SAP
SAP
$212B
| $791K | ﹤0.01% |
2,960
-3,201
| -52% | -$900K |
|
4678
PUT
Air Products & Chemicals
APD
$65.7B
| $791K | ﹤0.01% |
2,900
-300
| -9% | -$86.8K |
|
|
MGRM
4679
DELISTED
Monogram Orthopaedics
MGRM
| $791K | ﹤0.01% |
+134,725
| New | +$720K |
|
4680
CALL
M&T Bank
MTB
$35.7B
| $790K | ﹤0.01% |
4,000
-4,400
| -52% | -$863K |
|
4681
America Movil
AMX
$76.1B
| $790K | ﹤0.01% |
37,631
-209,256
| -85% | -$3.99M |
|
|
AGIG
4682
Abundia Global Impact Group
AGIG
$42.5M
| $790K | ﹤0.01% |
+126,803
| New | +$1.15M |
|
4683
OneWater Marine
ONEW
$204M
| $788K | ﹤0.01% |
49,751
-55,892
| -53% | -$883K |
|
|
CPRX
4684
CALL
DELISTED
Catalyst Pharmaceutical
CPRX
| $788K | ﹤0.01% |
+40,000
| New | +$823K |
|
4685
Orrstown Financial Services
ORRF
$840M
| $782K | ﹤0.01% |
23,020
-148,035
| -87% | -$5.03M |
|
4686
Green Dot
GDOT
$743M
| $781K | ﹤0.01% |
58,182
+349
| +0.6% | +$4.31K |
|
4687
Virco
VIRC
$95.2M
| $781K | ﹤0.01% |
100,811
-515
| -0.5% | -$4.19K |
|
4688
PUT
Kyndryl
KD
$2.99B
| $781K | ﹤0.01% |
26,000
+3,200
| +14% | +$110K |
|
4689
Ponce Financial Group
PDLB
$488M
| $780K | ﹤0.01% |
53,069
+1,650
| +3% | +$23.9K |
|
4690
PUT
BioMarin Pharmaceuticals
BMRN
$11.6B
| $780K | ﹤0.01% |
14,400
+1,100
| +8% | +$62.9K |
|
4691
Aldeyra Therapeutics
ALDX
$92.9M
| $780K | ﹤0.01% |
149,365
+129,759
| +662% | +$677K |
|
4692
CALL
Booz Allen Hamilton
BAH
$8.39B
| $780K | ﹤0.01% |
7,800
+1,500
| +24% | +$160K |
|
|
RDNW
4693
RideNow Group
RDNW
$238M
| $775K | ﹤0.01% |
176,095
-15,555
| -8% | -$49.6K |
|
4694
Holley
HLLY
$321M
| $774K | ﹤0.01% |
246,456
-591,200
| -71% | -$1.76M |
|
|
DYNC
4695
Dynamix Corp
DYNC
$240M
| $773K | ﹤0.01% |
74,239
-375,761
| -84% | -$4.04M |
|
|
KE
4696
Kimball Electronics
KE
$595M
| $773K | ﹤0.01% |
25,879
-177,826
| -87% | -$4.38M |
|
4697
PUT
Insulet
PODD
$11.5B
| $772K | ﹤0.01% |
+2,500
| New | +$783K |
|
4698
PUT
Beyond Meat
BYND
$292M
| $771K | ﹤0.01% |
+407,700
| New | +$1.2M |
|
4699
CALL
Plains GP Holdings
PAGP
$5.21B
| $768K | ﹤0.01% |
42,100
-47,000
| -53% | -$898K |
|
4700
USCB Financial Holdings
USCB
$406M
| $765K | ﹤0.01% |
43,868
+5,064
| +13% | +$86.9K |
|
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.