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 | |
|---|---|---|---|---|---|---|
|
CCRD
5126
DELISTED
CoreCard
CCRD
| $265K | ﹤0.01% |
9,145
-74,299
| -89% | -$1.74M |
|
5127
Invesco Taxable Municipal Bond ETF
BAB
$1.03B
| $264K | ﹤0.01% |
+9,945
| New | +$261K |
|
5128
CALL
Sprouts Farmers Market
SFM
$7.31B
| $263K | ﹤0.01% |
1,600
-5,000
| -76% | -$817K |
|
5129
WaFd
WAFD
$2.71B
| $263K | ﹤0.01% |
8,973
-4,583
| -34% | -$130K |
|
5130
Nuveen Credit Strategies Income Fund
JQC
$702M
| $262K | ﹤0.01% |
+48,686
| New | +$255K |
|
5131
M-tron Industries
MPTI
$355M
| $262K | ﹤0.01% |
6,235
-12,688
| -67% | -$611K |
|
5132
Limoneira
LMNR
$245M
| $262K | ﹤0.01% |
+16,722
| New | +$264K |
|
|
PARAA
5133
CALL
DELISTED
Paramount Global Class A
PARAA
| $259K | ﹤0.01% |
+11,300
| New | +$255K |
|
5134
PUT
Starwood Property Trust
STWD
$6.18B
| $259K | ﹤0.01% |
12,900
-20,000
| -61% | -$389K |
|
5135
John Marshall Bancorp
JMSB
$333M
| $259K | ﹤0.01% |
+13,951
| New | +$235K |
|
5136
PUT
Vista Energy
VIST
$7.16B
| $258K | ﹤0.01% |
5,400
-231,900
| -98% | -$11M |
|
|
DEFT
5137
Defi Technologies
DEFT
$166M
| $258K | ﹤0.01% |
+88,959
| New | +$298K |
|
5138
Waterstone Financial
WSBF
$372M
| $257K | ﹤0.01% |
18,613
-10,224
| -35% | -$131K |
|
5139
Liquidia Corp
LQDA
$7.72B
| $256K | ﹤0.01% |
20,579
-104,542
| -84% | -$1.55M |
|
5140
iShares MSCI Malaysia ETF
EWM
$309M
| $256K | ﹤0.01% |
+10,519
| New | +$250K |
|
5141
Kenon Holdings
KEN
$3.51B
| $256K | ﹤0.01% |
+6,156
| New | +$206K |
|
5142
Gencor Industries
GENC
$221M
| $255K | ﹤0.01% |
18,184
-1,540
| -8% | -$20.2K |
|
5143
CALL
Signet Jewelers
SIG
$3.81B
| $255K | ﹤0.01% |
3,200
-7,300
| -70% | -$485K |
|
|
NXDT
5144
NexPoint Diversified Real Estate Trust
NXDT
$276M
| $254K | ﹤0.01% |
60,614
+33,264
| +122% | +$125K |
|
|
ATYR
5145
PUT
aTyr Pharma
ATYR
$48.4M
| $254K | ﹤0.01% |
+50,000
| New | +$197K |
|
5146
Cibus
CBUS
$148M
| $253K | ﹤0.01% |
+183,524
| New | +$374K |
|
|
BTM
5147
DELISTED
Bitcoin Depot
BTM
| $253K | ﹤0.01% |
+7,127
| New | +$151K |
|
5148
Quest Resource Holding
QRHC
$28.2M
| $252K | ﹤0.01% |
+124,869
| New | +$287K |
|
5149
CSP Inc
CSPI
$81.9M
| $252K | ﹤0.01% |
19,447
-88,470
| -82% | -$1.27M |
|
|
ACB
5150
Aurora Cannabis
ACB
$168M
| $250K | ﹤0.01% |
59,032
-23,180
| -28% | -$112K |
|
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.