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 | |
|---|---|---|---|---|---|---|
|
SWKH
4876
DELISTED
SWK Holdings
SWKH
| $431K | ﹤0.01% |
29,272
+10,202
| +53% | +$145K |
|
|
LAND
4877
Gladstone Land Corp
LAND
$366M
| $430K | ﹤0.01% |
42,307
+18,228
| +76% | +$179K |
|
4878
PUT
Arbor Realty Trust
ABR
$977M
| $430K | ﹤0.01% |
40,200
-7,500
| -16% | -$79K |
|
4879
CALL
PBF Energy
PBF
$7.54B
| $429K | ﹤0.01% |
19,800
+300
| +2% | +$5.7K |
|
4880
Security National Financial
SNFCA
$250M
| $428K | ﹤0.01% |
47,932
-244,769
| -84% | -$2.19M |
|
4881
La-Z-Boy
LZB
$1.62B
| $428K | ﹤0.01% |
11,507
+1,718
| +18% | +$68.7K |
|
|
RNAM
4882
PUT
DELISTED
Avidity Biosciences
RNAM
| $426K | ﹤0.01% |
15,000
| – | – |
|
4883
Arcos Dorados Holdings
ARCO
$1.77B
| $426K | ﹤0.01% |
53,986
-486,694
| -90% | -$3.68M |
|
4884
BCB Bancorp
BCBP
$183M
| $426K | ﹤0.01% |
+50,572
| New | +$429K |
|
4885
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.6B
| $425K | ﹤0.01% |
+5,078
| New | +$403K |
|
4886
Runway Growth Finance
RWAY
$236M
| $425K | ﹤0.01% |
39,596
-114,672
| -74% | -$1.11M |
|
|
DGNX
4887
Diginex Ltd
DGNX
$46.9M
| $425K | ﹤0.01% |
8,257
-18,206
| -69% | -$1.37M |
|
4888
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $424K | ﹤0.01% |
3,900
-5,500
| -59% | -$575K |
|
|
4889
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $424K | ﹤0.01% |
3,900
-5,500
| -59% | -$575K |
|
4890
PUT
Geron
GERN
$911M
| $423K | ﹤0.01% |
+300,000
| New | +$425K |
|
|
DDL
4891
Dingdong
DDL
$529M
| $423K | ﹤0.01% |
209,359
-290,269
| -58% | -$656K |
|
4892
Sprott Junior Uranium Miners ETF
URNJ
$307M
| $423K | ﹤0.01% |
20,000
| – | – |
|
4893
Seacoast Banking Corp of Florida
SBCF
$3.28B
| $422K | ﹤0.01% |
15,291
-13,263
| -46% | -$328K |
|
4894
Titan International
TWI
$505M
| $421K | ﹤0.01% |
41,028
-50,146
| -55% | -$387K |
|
|
GNTY
4895
DELISTED
Guaranty Bancshares
GNTY
| $421K | ﹤0.01% |
9,918
-20,808
| -68% | -$842K |
|
4896
CALL
Caesars Entertainment
CZR
$6.06B
| $420K | ﹤0.01% |
14,800
-800
| -5% | -$21.7K |
|
4897
CALL
Albemarle
ALB
$13.4B
| $420K | ﹤0.01% |
6,700
+2,700
| +68% | +$160K |
|
4898
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $419K | ﹤0.01% |
+8,326
| New | +$412K |
|
|
PRTC
4899
DELISTED
PureTech Health
PRTC
| $419K | ﹤0.01% |
23,857
-21,054
| -47% | -$371K |
|
4900
Jack in the Box
JACK
$316M
| $418K | ﹤0.01% |
+23,956
| New | +$539K |
|
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.