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 | |
|---|---|---|---|---|---|---|
5101
CALL
Floor & Decor
FND
$6.14B
| $289K | ﹤0.01% |
3,800
-200
| -5% | -$14.9K |
|
5102
CALL
Quest Diagnostics
DGX
$26B
| $287K | ﹤0.01% |
1,600
-9,800
| -86% | -$1.7M |
|
5103
PUT
Duolingo
DUOL
$6.56B
| $287K | ﹤0.01% |
700
-600
| -46% | -$263K |
|
5104
Smartbird Inc
BIRD
$21M
| $287K | ﹤0.01% |
26,985
-13,729
| -34% | -$96.1K |
|
|
HIMX
5105
Himax Technologies
HIMX
$2.09B
| $287K | ﹤0.01% |
32,106
-28,091
| -47% | -$221K |
|
5106
Marten Transport
MRTN
$1.25B
| $286K | ﹤0.01% |
22,021
-24,636
| -53% | -$324K |
|
5107
Codexis
CDXS
$136M
| $285K | ﹤0.01% |
+117,002
| New | +$274K |
|
|
PEO
5108
Adams Natural Resources Fund
PEO
$726M
| $284K | ﹤0.01% |
13,310
| – | – |
|
5109
Harvard Bioscience
HBIO
$26.7M
| $284K | ﹤0.01% |
+63,987
| New | +$267K |
|
5110
Dream Finders Homes
DFH
$1.49B
| $283K | ﹤0.01% |
11,273
-47,557
| -81% | -$1.07M |
|
5111
Codere Online
CDRO
$424M
| $283K | ﹤0.01% |
+33,317
| New | +$248K |
|
5112
PUT
Box
BOX
$4.36B
| $280K | ﹤0.01% |
8,200
-17,400
| -68% | -$570K |
|
5113
Safe Bulkers
SB
$761M
| $277K | ﹤0.01% |
76,856
-117,897
| -61% | -$422K |
|
|
GHLD
5114
DELISTED
Guild Holdings
GHLD
| $277K | ﹤0.01% |
14,015
+2,056
| +17% | +$29.5K |
|
|
MOMO
5115
Hello Group
MOMO
$869M
| $276K | ﹤0.01% |
32,708
-438,667
| -93% | -$2.87M |
|
5116
PUT
HF Sinclair
DINO
$16.1B
| $275K | ﹤0.01% |
+6,700
| New | +$231K |
|
|
BBBY
5117
CALL
Bed Bath & Beyond
BBBY
$503M
| $275K | ﹤0.01% |
+44,000
| New | +$213K |
|
5118
G-III Apparel Group
GIII
$1.55B
| $275K | ﹤0.01% |
12,262
-940,923
| -99% | -$23.7M |
|
|
REE
5119
DELISTED
REE Automotive
REE
| $274K | ﹤0.01% |
459,956
+128,344
| +39% | +$226K |
|
|
LAR
5120
Lithium Argentina AG
LAR
$919M
| $272K | ﹤0.01% |
+129,428
| New | +$258K |
|
|
CLBR.WS
5121
CALL
DELISTED
Colombier Acquisition Corp. II Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share
CLBR.WS
| $271K | ﹤0.01% |
72,238
-19,021
| -21% | -$42.7K |
|
5122
Nuveen Multi-Asset Income Fund
NMAI
$462M
| $270K | ﹤0.01% |
21,409
| – | – |
|
5123
Wabash National
WNC
$541M
| $270K | ﹤0.01% |
25,410
-434,137
| -94% | -$4.17M |
|
5124
Riverview Bancorp
RVSB
$109M
| $266K | ﹤0.01% |
+48,431
| New | +$280K |
|
5125
ProShares Short S&P500
SH
$914M
| $265K | ﹤0.01% |
+6,680
| New | +$289K |
|
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.