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 | |
|---|---|---|---|---|---|---|
|
NBXG
5226
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.15B
| $294K | ﹤0.01% |
19,145
-14,315
| -43% | -$212K |
|
5227
PUT
McCormick & Company Non-Voting
MKC
$13.7B
| $294K | ﹤0.01% |
4,400
-54,500
| -93% | -$3.82M |
|
|
TRON
5228
Tron Inc
TRON
$664M
| $294K | ﹤0.01% |
152,324
+104,517
| +219% | +$619K |
|
5229
CALL
PBF Energy
PBF
$8.57B
| $293K | ﹤0.01% |
9,700
-10,100
| -51% | -$264K |
|
5230
Priority Technology Holdings
PRTH
$535M
| $292K | ﹤0.01% |
42,531
-431,207
| -91% | -$3.26M |
|
5231
Digi International
DGII
$2.63B
| $292K | ﹤0.01% |
+7,996
| New | +$275K |
|
5232
Diodes
DIOD
$3.78B
| $291K | ﹤0.01% |
5,476
-12,299
| -69% | -$659K |
|
5233
Crexendo
CXDO
$223M
| $290K | ﹤0.01% |
44,653
-125,033
| -74% | -$775K |
|
5234
Unitil
UTL
$970M
| $290K | ﹤0.01% |
+6,050
| New | +$295K |
|
5235
Hooker Furnishings Corp
HOFT
$150M
| $289K | ﹤0.01% |
28,445
-48,430
| -63% | -$506K |
|
|
LNAI
5236
Lunai Bioworks
LNAI
$8.8M
| $288K | ﹤0.01% |
25,329
-1,541
| -6% | -$29.7K |
|
5237
CALL
United States Oil Fund
USO
$2.15B
| $288K | ﹤0.01% |
+3,900
| New | +$293K |
|
|
PEO
5238
Adams Natural Resources Fund
PEO
$739M
| $286K | ﹤0.01% |
13,310
| – | – |
|
5239
Civista Bancshares
CIVB
$604M
| $286K | ﹤0.01% |
14,093
-35,608
| -72% | -$749K |
|
5240
CAMP4 Therapeutics
CAMP
$179M
| $285K | ﹤0.01% |
95,071
-37,965
| -29% | -$70.3K |
|
5241
First United
FUNC
$285M
| $284K | ﹤0.01% |
7,727
-29,004
| -79% | -$1.02M |
|
5242
CareCloud
CCLD
$104M
| $284K | ﹤0.01% |
+88,465
| New | +$256K |
|
5243
Princeton Bancorp
BPRN
$281M
| $284K | ﹤0.01% |
8,911
-2,039
| -19% | -$65.8K |
|
5244
Bioventus
BVS
$892M
| $280K | ﹤0.01% |
41,889
-564,155
| -93% | -$3.92M |
|
5245
PUT
Texas Pacific Land
TPL
$27.8B
| $280K | ﹤0.01% |
900
-7,800
| -90% | -$2.46M |
|
5246
PUT
Centrus Energy
LEU
$3.48B
| $279K | ﹤0.01% |
900
-700
| -44% | -$155K |
|
|
GRRR
5247
Gorilla Technology Group
GRRR
$308M
| $278K | ﹤0.01% |
+15,081
| New | +$277K |
|
5248
Enterprise Financial Services Corp
EFSC
$2.4B
| $278K | ﹤0.01% |
4,796
-34,409
| -88% | -$2M |
|
|
CARL
5249
Carlsmed
CARL
$342M
| $278K | ﹤0.01% |
+20,762
| New | +$284K |
|
|
NYAX
5250
Nayax
NYAX
$2.55B
| $278K | ﹤0.01% |
5,838
-2,158
| -27% | -$100K |
|
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.