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 |
iShares Core S&P 500 ETF
IVV
|
+$4.75B |
| 2 |
Walmart Inc
WMT
|
+$3.98B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.42B |
| 4 |
Broadcom
AVGO
|
+$943M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$785M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$572M |
| 2 |
NVIDIA
NVDA
|
+$566M |
| 3 |
Apple
AAPL
|
+$554M |
| 4 |
AbbVie
ABBV
|
+$455M |
| 5 |
Bank of America
BAC
|
+$411M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.52% |
| 2 | Healthcare | 7.46% |
| 3 | Financials | 6.74% |
| 4 | Industrials | 6.14% |
| 5 | Consumer Discretionary | 4.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4726
PUT
Century Aluminum
CENX
$4.43B
| $588K | ﹤0.01% |
+15,000
| New | +$469K |
|
|
VBNK
4727
VersaBank
VBNK
$623M
| $587K | ﹤0.01% |
+39,180
| New | +$494K |
|
4728
CALL
GameStop
GME
$9.75B
| $586K | ﹤0.01% |
29,200
-227,800
| -89% | -$5.11M |
|
4729
SOPHiA GENETICS
SOPH
$476M
| $586K | ﹤0.01% |
125,458
-100,445
| -44% | -$455K |
|
4730
CALL
Quantum Computing Inc
QUBT
$1.83B
| $585K | ﹤0.01% |
57,000
+18,500
| +48% | +$263K |
|
4731
Littelfuse
LFUS
$11.2B
| $584K | ﹤0.01% |
2,311
-11,815
| -84% | -$3.01M |
|
4732
Fidelity D&D Bancorp
FDBC
$306M
| $584K | ﹤0.01% |
13,427
-713
| -5% | -$31.6K |
|
|
GPMT
4733
Granite Point Mortgage Trust
GPMT
$69M
| $583K | ﹤0.01% |
242,712
-181,918
| -43% | -$488K |
|
4734
NACCO Industries
NC
$357M
| $581K | ﹤0.01% |
11,851
+5,457
| +85% | +$251K |
|
4735
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $581K | ﹤0.01% |
2,202
-21,186
| -91% | -$4.92M |
|
|
TMCWW
4736
CALL
TMC The Metals Company Warrants
TMCWW
$420K
| $581K | ﹤0.01% |
450,000
| – | – |
|
|
CAN
4737
Canaan Creative
CAN
$127M
| $578K | ﹤0.01% |
837,032
-459,051
| -35% | -$526K |
|
4738
Green Dot
GDOT
$743M
| $577K | ﹤0.01% |
45,028
-13,154
| -23% | -$163K |
|
4739
iShares MSCI Brazil ETF
EWZ
$9.28B
| $577K | ﹤0.01% |
18,150
-10,690
| -37% | -$338K |
|
4740
PUT
Unilever
UL
$137B
| $576K | ﹤0.01% |
8,800
-26,489
| -75% | -$1.78M |
|
|
ACLX
4741
DELISTED
Arcellx
ACLX
| $575K | ﹤0.01% |
8,821
-31,520
| -78% | -$2.51M |
|
4742
Paysafe
PSFE
$414M
| $574K | ﹤0.01% |
70,921
-71,142
| -50% | -$690K |
|
4743
Village Super Market
VLGEA
$651M
| $573K | ﹤0.01% |
16,194
-29,533
| -65% | -$1.01M |
|
|
BNC
4744
CEA Industries
BNC
$110M
| $573K | ﹤0.01% |
89,279
+75,459
| +546% | +$530K |
|
4745
CALL
Eos Energy Enterprises
EOSE
$1.22B
| $573K | ﹤0.01% |
50,000
-140,000
| -74% | -$2.01M |
|
|
NUAI
4746
New Era Energy & Digital Inc
NUAI
$472M
| $570K | ﹤0.01% |
+194,520
| New | +$789K |
|
4747
CALL
Cracker Barrel
CBRL
$1.26B
| $569K | ﹤0.01% |
22,400
-3,700
| -14% | -$118K |
|
|
PCAPU
4748
ProCap Acquisition Corp Unit
PCAPU
$213M
| $569K | ﹤0.01% |
55,556
-153,300
| -73% | -$1.6M |
|
4749
Arcos Dorados Holdings
ARCO
$1.72B
| $569K | ﹤0.01% |
77,462
-569,008
| -88% | -$4.1M |
|
4750
PUT
Insulet
PODD
$11.5B
| $568K | ﹤0.01% |
2,000
-500
| -20% | -$156K |
|
Similar funds
Millennium Management's Q4 2025 Portfolio in Review
As of Q4 2025, Millennium Management held 6,645 positions worth $238B, up 1.5% from $234B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Millennium Management's Q4 2025 filing shows 668 new, 2,203 increased, 2,701 reduced and 696 closed positions. Its largest new stake was iShares Russell 1000 ETF: 455,129 shares worth $170M. The largest sale was Microsoft, an estimated $572M.
By sector, the portfolio is most concentrated in Technology at 9.5% of assets, up from 9.3% a quarter earlier, followed by Healthcare and Financials.
- Millennium Management's largest Q4 2025 buy was iShares Russell 1000 ETF: 455,129 shares worth $170M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q4 2025, an estimated $4.75B increase.
- Millennium Management's biggest Q4 2025 reduction was Microsoft, cutting an estimated $572M.
- Millennium Management fully exited Mr. Cooper in Q4 2025, selling an estimated $277M.
- Millennium Management's ten largest holdings make up 19% of its $238B portfolio in Q4 2025.
- Millennium Management opened 668 new positions and closed 696 in Q4 2025.
- Millennium Management's portfolio value rose 1.5% quarter-over-quarter to $238B.
Based on Millennium Management's 13F filing for Q4 2025, filed 17 Feb 2026.