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 | |
|---|---|---|---|---|---|---|
5001
Pearson
PSO
$10.2B
| $467K | ﹤0.01% |
32,973
-1,416,562
| -98% | -$20.4M |
|
5002
West Bancorporation
WTBA
$478M
| $463K | ﹤0.01% |
22,771
-36,458
| -62% | -$718K |
|
5003
Sight Sciences
SGHT
$286M
| $460K | ﹤0.01% |
133,846
+79,265
| +145% | +$295K |
|
5004
CF Bankshares
CFBK
$234M
| $460K | ﹤0.01% |
+19,224
| New | +$467K |
|
5005
Caesarstone
CSTE
$72.3M
| $459K | ﹤0.01% |
288,956
-26,207
| -8% | -$42.7K |
|
5006
LifeMD
LFMD
$169M
| $459K | ﹤0.01% |
67,602
-40,096
| -37% | -$331K |
|
5007
Adicet Bio
ACET
$85.2M
| $459K | ﹤0.01% |
35,372
-1,648
| -4% | -$19.4K |
|
5008
Haverty Furniture Companies
HVT
$397M
| $458K | ﹤0.01% |
20,893
-84,164
| -80% | -$1.87M |
|
|
AWP
5009
abrdn Global Premier Properties Fund
AWP
$372M
| $457K | ﹤0.01% |
+38,333
| New | +$452K |
|
5010
PUT
FuboTV Inc
FUBO
$261M
| $457K | ﹤0.01% |
+9,167
| New | +$416K |
|
5011
CALL
Coursera
COUR
$1.52B
| $456K | ﹤0.01% |
+38,900
| New | +$423K |
|
5012
PUT
Emcor
EME
$35.2B
| $455K | ﹤0.01% |
700
-4,700
| -87% | -$2.85M |
|
5013
PUT
HSBC
HSBC
$365B
| $454K | ﹤0.01% |
6,400
| – | – |
|
5014
CALL
Erasca
ERAS
$6.3B
| $453K | ﹤0.01% |
207,800
-24,900
| -11% | -$39.6K |
|
5015
Business First Bancshares
BFST
$1.04B
| $453K | ﹤0.01% |
19,183
-193,559
| -91% | -$4.79M |
|
5016
Helios Technologies
HLIO
$2.57B
| $453K | ﹤0.01% |
8,687
-26,394
| -75% | -$1.23M |
|
5017
Century Casinos
CNTY
$34M
| $451K | ﹤0.01% |
172,872
-20,011
| -10% | -$49.9K |
|
|
5018
FuboTV Inc
FUBO
$261M
| $451K | ﹤0.01% |
9,048
-71,555
| -89% | -$3.25M |
|
5019
BTCS Inc
BTCS
$51.3M
| $449K | ﹤0.01% |
+92,900
| New | +$425K |
|
5020
Methode Electronics
MEI
$496M
| $449K | ﹤0.01% |
59,425
-169,963
| -74% | -$1.26M |
|
5021
CALL
Ally Financial
ALLY
$13.2B
| $447K | ﹤0.01% |
11,400
-1,300
| -10% | -$52.1K |
|
|
RZLV
5022
Rezolve AI
RZLV
$969M
| $447K | ﹤0.01% |
89,726
-41,965
| -32% | -$165K |
|
|
EXE
5023
CALL
Expand Energy Corp
EXE
$21.8B
| $446K | ﹤0.01% |
4,200
-12,000
| -74% | -$1.2M |
|
5024
CALL
Asana
ASAN
$1.92B
| $445K | ﹤0.01% |
33,300
-34,700
| -51% | -$490K |
|
5025
ROBO Global Robotics & Automation Index ETF
ROBO
$1.96B
| $445K | ﹤0.01% |
6,782
-10,929
| -62% | -$691K |
|
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.