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 | |
|---|---|---|---|---|---|---|
|
RYZ
4951
Ryerson Holding Corp
RYZ
$1.61B
| $385K | ﹤0.01% |
17,863
-1,506
| -8% | -$32.5K |
|
4952
Arbe Robotics
ARBE
$79.4M
| $385K | ﹤0.01% |
216,177
+202,964
| +1,536% | +$290K |
|
4953
LCNB Corp
LCNB
$299M
| $383K | ﹤0.01% |
26,351
-555
| -2% | -$8.05K |
|
4954
RCI Hospitality Holdings
RICK
$203M
| $379K | ﹤0.01% |
+9,952
| New | +$402K |
|
|
PLG
4955
Platinum Group Metals
PLG
$159M
| $379K | ﹤0.01% |
+247,554
| New | +$332K |
|
4956
Hagerty
HGTY
$1.24B
| $378K | ﹤0.01% |
37,424
+15,222
| +69% | +$142K |
|
|
TIGR
4957
UP Fintech Holding
TIGR
$858M
| $378K | ﹤0.01% |
39,195
-2,359,549
| -98% | -$19.7M |
|
4958
CALL
Enanta Pharmaceuticals
ENTA
$367M
| $378K | ﹤0.01% |
+50,000
| New | +$301K |
|
4959
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.94B
| $376K | ﹤0.01% |
+4,718
| New | +$358K |
|
4960
First Bancorp
FNLC
$400M
| $376K | ﹤0.01% |
+14,789
| New | +$358K |
|
|
SAFE
4961
Safehold
SAFE
$1.19B
| $375K | ﹤0.01% |
+24,129
| New | +$375K |
|
4962
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
| $373K | ﹤0.01% |
3,628
+964
| +36% | +$98.9K |
|
4963
HF Foods Group
HFFG
$84M
| $371K | ﹤0.01% |
116,808
+17,602
| +18% | +$67.1K |
|
|
TRON
4964
Tron Inc
TRON
$745M
| $371K | ﹤0.01% |
+47,807
| New | +$85.8K |
|
|
ATHR
4965
Aether Holdings
ATHR
$44M
| $369K | ﹤0.01% |
+27,055
| New | +$308K |
|
4966
Ducommun
DCO
$2.68B
| $369K | ﹤0.01% |
4,465
-14,556
| -77% | -$967K |
|
4967
SIGA Technologies
SIGA
$240M
| $368K | ﹤0.01% |
56,485
+22,055
| +64% | +$132K |
|
4968
Silvercrest Asset Management
SAMG
$80.6M
| $368K | ﹤0.01% |
+23,175
| New | +$350K |
|
4969
TaskUs
TASK
$568M
| $367K | ﹤0.01% |
21,920
-174,740
| -89% | -$2.66M |
|
|
AGEN
4970
PUT
Agenus
AGEN
$275M
| $366K | ﹤0.01% |
+80,000
| New | +$277K |
|
4971
CALL
Hercules Capital
HTGC
$3.04B
| $366K | ﹤0.01% |
20,000
| – | – |
|
4972
Prime Medicine
PRME
$558M
| $366K | ﹤0.01% |
147,996
-1,631,949
| -92% | -$2.52M |
|
4973
Chemung Financial Corp
CHMG
$395M
| $365K | ﹤0.01% |
7,540
-10,331
| -58% | -$474K |
|
4974
PUT
Lumen
LUMN
$6.38B
| $365K | ﹤0.01% |
83,300
-141,400
| -63% | -$548K |
|
4975
CALL
American Eagle Outfitters
AEO
$3.04B
| $365K | ﹤0.01% |
+37,900
| New | +$407K |
|
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.