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 | |
|---|---|---|---|---|---|---|
5251
Inspired Entertainment
INSE
$188M
| $198K | ﹤0.01% |
+24,265
| New | +$188K |
|
|
SGMO
5252
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $197K | ﹤0.01% |
364,147
-807,945
| -69% | -$480K |
|
|
SOHU
5253
Sohu.com
SOHU
$346M
| $197K | ﹤0.01% |
14,797
+2,291
| +18% | +$24.3K |
|
|
5254
Bank of America Series L
BAC.PRL
$3.98B
| $197K | ﹤0.01% |
+164,000
| New | +$193M |
|
|
BGM
5255
BGM Group Ltd
BGM
$114M
| $196K | ﹤0.01% |
18,513
+2,239
| +14% | +$27.1K |
|
|
TTAM
5256
Titan America SA
TTAM
$3.25B
| $195K | ﹤0.01% |
15,607
-663,960
| -98% | -$8.8M |
|
5257
Carter Bankshares
CARE
$768M
| $194K | ﹤0.01% |
11,213
-82,606
| -88% | -$1.31M |
|
5258
Q32 Bio
QTTB
$467M
| $194K | ﹤0.01% |
+130,379
| New | +$222K |
|
|
PMTRW
5259
CALL
Perimeter Acquisition Corp I Warrant
PMTRW
$11.1M
| $194K | ﹤0.01% |
+303,458
| New | +$203K |
|
5260
Xtant Medical Holdings
XTNT
$59.7M
| $194K | ﹤0.01% |
+262,499
| New | +$149K |
|
5261
SoundThinking
SSTI
$110M
| $194K | ﹤0.01% |
14,823
-17,206
| -54% | -$268K |
|
5262
CI&T Inc
CINT
$422M
| $193K | ﹤0.01% |
32,320
-8,042
| -20% | -$46.3K |
|
5263
CAMP4 Therapeutics
CAMP
$178M
| $193K | ﹤0.01% |
+133,036
| New | +$265K |
|
|
EM
5264
DELISTED
Smart Share Global Ltd
EM
| $192K | ﹤0.01% |
168,766
-233,740
| -58% | -$255K |
|
5265
BW LPG
BWLP
$3.26B
| $191K | ﹤0.01% |
+16,180
| New | +$172K |
|
5266
Arbor Realty Trust
ABR
$979M
| $189K | ﹤0.01% |
17,668
-244,974
| -93% | -$2.58M |
|
5267
flyExclusive
FLYX
$58M
| $189K | ﹤0.01% |
96,829
+3,839
| +4% | +$11.1K |
|
|
GCMGW
5268
CALL
DELISTED
GCM Grosvenor Inc Warrant
GCMGW
| $189K | ﹤0.01% |
294,718
+201,700
| +217% | +$233K |
|
|
CRF
5269
Cornerstone Total Return Fund
CRF
$1.14B
| $188K | ﹤0.01% |
+24,293
| New | +$172K |
|
5270
CALL
SoundHound AI
SOUN
$2.72B
| $188K | ﹤0.01% |
17,500
-32,500
| -65% | -$306K |
|
5271
Senseonics Holdings Inc
SENS
$256M
| $188K | ﹤0.01% |
19,707
+15,199
| +337% | +$177K |
|
5272
CALL
Kodiak Sciences
KOD
$2.52B
| $187K | ﹤0.01% |
+50,000
| New | +$177K |
|
|
LIEN
5273
Chicago Atlantic BDC
LIEN
$215M
| $185K | ﹤0.01% |
+17,829
| New | +$184K |
|
5274
iShares MSCI Indonesia ETF
EIDO
$467M
| $183K | ﹤0.01% |
+10,379
| New | +$181K |
|
5275
Keros Therapeutics
KROS
$199M
| $183K | ﹤0.01% |
13,705
-219,498
| -94% | -$2.96M |
|
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.