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 | |
|---|---|---|---|---|---|---|
|
RZLV
4926
Rezolve AI
RZLV
$921M
| $405K | ﹤0.01% |
131,691
+69,865
| +113% | +$138K |
|
4927
PUT
Teck Resources
TECK
$28.8B
| $404K | ﹤0.01% |
10,000
-17,900
| -64% | -$647K |
|
|
NYAX
4928
Nayax
NYAX
$2.57B
| $402K | ﹤0.01% |
7,996
-3,392
| -30% | -$142K |
|
4929
Regional Management Corp
RM
$392M
| $402K | ﹤0.01% |
13,752
-4,044
| -23% | -$118K |
|
4930
Installed Building Products
IBP
$6.47B
| $402K | ﹤0.01% |
2,227
-78,106
| -97% | -$13M |
|
4931
PUT
Blue Owl Capital
OWL
$6.63B
| $401K | ﹤0.01% |
20,900
-15,800
| -43% | -$292K |
|
4932
CPI Card Group
PMTS
$243M
| $401K | ﹤0.01% |
16,888
-38,788
| -70% | -$916K |
|
|
ARR
4933
Armour Residential REIT
ARR
$2.32B
| $400K | ﹤0.01% |
23,790
-1,996,098
| -99% | -$32M |
|
4934
CALL
Rigetti Computing Warrants
RGTIW
$123M
| $398K | ﹤0.01% |
94,900
| – | – |
|
4935
CALL
Capricor Therapeutics
CAPR
$380M
| $397K | ﹤0.01% |
+40,000
| New | +$423K |
|
4936
Eagle Bancorp Montana
EBMT
$188M
| $397K | ﹤0.01% |
23,806
-37,972
| -61% | -$637K |
|
4937
CALL
Archer Aviation
ACHR
$3.68B
| $393K | ﹤0.01% |
+36,200
| New | +$339K |
|
4938
CALL
Copart
CPRT
$28.4B
| $393K | ﹤0.01% |
8,000
-29,300
| -79% | -$1.64M |
|
4939
iShares MSCI Italy ETF
EWI
$993M
| $392K | ﹤0.01% |
8,141
-13,571
| -63% | -$613K |
|
4940
Sylvamo
SLVM
$1.55B
| $392K | ﹤0.01% |
7,820
-136,635
| -95% | -$7.69M |
|
4941
CALL
iShares MSCI Taiwan ETF
EWT
$9.59B
| $390K | ﹤0.01% |
6,800
-57,000
| -89% | -$2.91M |
|
4942
ARKO Corp
ARKO
$901M
| $389K | ﹤0.01% |
92,073
+49,621
| +117% | +$217K |
|
4943
Perfect Corp
PERF
$196M
| $389K | ﹤0.01% |
169,255
+131,798
| +352% | +$243K |
|
4944
PUT
HSBC
HSBC
$356B
| $389K | ﹤0.01% |
6,400
-4,200
| -40% | -$239K |
|
4945
Unity Bancorp
UNTY
$593M
| $388K | ﹤0.01% |
8,249
-35,957
| -81% | -$1.55M |
|
4946
Global Water Resources
GWRS
$215M
| $387K | ﹤0.01% |
38,019
+4,863
| +15% | +$50K |
|
4947
PUT
Altimmune
ALT
$581M
| $387K | ﹤0.01% |
100,000
+50,000
| +100% | +$271K |
|
4948
CALL
Carpenter Technology
CRS
$27.8B
| $387K | ﹤0.01% |
1,400
-1,500
| -52% | -$327K |
|
4949
374Water
SCWO
$38.8M
| $386K | ﹤0.01% |
+119,166
| New | +$401K |
|
|
NEXN
4950
Nexxen International
NEXN
$583M
| $386K | ﹤0.01% |
37,064
-53,941
| -59% | -$548K |
|
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.