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 |
iShares Core S&P 500 ETF
IVV
|
+$4.75B |
| 2 |
Walmart Inc
WMT
|
+$3.98B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.42B |
| 4 |
Broadcom
AVGO
|
+$943M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$785M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$572M |
| 2 |
NVIDIA
NVDA
|
+$566M |
| 3 |
Apple
AAPL
|
+$554M |
| 4 |
AbbVie
ABBV
|
+$455M |
| 5 |
Bank of America
BAC
|
+$411M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.52% |
| 2 | Healthcare | 7.46% |
| 3 | Financials | 6.74% |
| 4 | Industrials | 6.14% |
| 5 | Consumer Discretionary | 4.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
5276
Codere Online
CDRO
$422M
| $234K | ﹤0.01% |
29,138
-28,617
| -50% | -$195K |
|
5277
Vinci Compass Investments Ltd
VINP
$649M
| $234K | ﹤0.01% |
17,935
-377
| -2% | -$4.5K |
|
5278
Consensus Cloud Solutions
CCSI
$657M
| $234K | ﹤0.01% |
10,714
-21,305
| -67% | -$525K |
|
|
AIRJW
5279
CALL
AirJoule Technologies Warrant
AIRJW
$63.1M
| $234K | ﹤0.01% |
275,000
| – | – |
|
5280
Western New England Bancorp
WNEB
$262M
| $233K | ﹤0.01% |
18,469
-2,543
| -12% | -$30.5K |
|
5281
CALL
Global E Online
GLBE
$6.7B
| $232K | ﹤0.01% |
5,900
| – | – |
|
5282
Pioneer Bancorp
PBFS
$442M
| $232K | ﹤0.01% |
17,205
-9,401
| -35% | -$126K |
|
5283
CALL
Archer Aviation Redeemable Warrants
ACHR.WS
$19.6M
| $232K | ﹤0.01% |
202,466
| – | – |
|
5284
CALL
Crown Castle
CCI
$33.4B
| $231K | ﹤0.01% |
2,600
-7,500
| -74% | -$690K |
|
|
AACBR
5285
Artius II Acquisition Inc Rights
AACBR
| $231K | ﹤0.01% |
700,000
| – | – |
|
5286
Core Laboratories
CLB
$477M
| $231K | ﹤0.01% |
14,405
-178,992
| -93% | -$2.66M |
|
5287
PUT
SentinelOne
S
$6.31B
| $230K | ﹤0.01% |
15,300
-23,700
| -61% | -$388K |
|
|
SEG
5288
Seaport Entertainment Group
SEG
$337M
| $229K | ﹤0.01% |
+11,563
| New | +$259K |
|
5289
Aldeyra Therapeutics
ALDX
$96.5M
| $228K | ﹤0.01% |
44,059
-105,306
| -71% | -$541K |
|
|
PCN
5290
PIMCO Corporate & Income Strategy Fund
PCN
$873M
| $228K | ﹤0.01% |
+17,878
| New | +$230K |
|
|
NXXT
5291
NextNRG Inc
NXXT
$42.2M
| $228K | ﹤0.01% |
157,243
+121,269
| +337% | +$209K |
|
5292
CALL
Planet Fitness
PLNT
$4.43B
| $228K | ﹤0.01% |
+2,100
| New | +$216K |
|
|
PMT
5293
PennyMac Mortgage Investment
PMT
$812M
| $227K | ﹤0.01% |
18,121
-1,321,037
| -99% | -$16.5M |
|
5294
PUT
DaVita
DVA
$15.3B
| $227K | ﹤0.01% |
2,000
-1,900
| -49% | -$231K |
|
5295
Bank of Marin Bancorp
BMRC
$465M
| $227K | ﹤0.01% |
8,732
-8,286
| -49% | -$213K |
|
5296
Cato Corp
CATO
$66.5M
| $225K | ﹤0.01% |
72,861
-10,217
| -12% | -$37.6K |
|
5297
PUT
CBRE Group
CBRE
$43.8B
| $225K | ﹤0.01% |
1,400
-900
| -39% | -$142K |
|
5298
CALL
Dave Inc Warrants
DAVEW
$26.4M
| $224K | ﹤0.01% |
229,025
| – | – |
|
5299
FinWise Bancorp
FINW
$188M
| $224K | ﹤0.01% |
+12,496
| New | +$228K |
|
5300
X4 Pharmaceuticals
XFOR
$377M
| $224K | ﹤0.01% |
55,978
-8,817
| -14% | -$32K |
|
Similar funds
Millennium Management's Q4 2025 Portfolio in Review
As of Q4 2025, Millennium Management held 6,645 positions worth $238B, up 1.5% from $234B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Millennium Management's Q4 2025 filing shows 668 new, 2,203 increased, 2,701 reduced and 696 closed positions. Its largest new stake was iShares Russell 1000 ETF: 455,129 shares worth $170M. The largest sale was Microsoft, an estimated $572M.
By sector, the portfolio is most concentrated in Technology at 9.5% of assets, up from 9.3% a quarter earlier, followed by Healthcare and Financials.
- Millennium Management's largest Q4 2025 buy was iShares Russell 1000 ETF: 455,129 shares worth $170M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q4 2025, an estimated $4.75B increase.
- Millennium Management's biggest Q4 2025 reduction was Microsoft, cutting an estimated $572M.
- Millennium Management fully exited Mr. Cooper in Q4 2025, selling an estimated $277M.
- Millennium Management's ten largest holdings make up 19% of its $238B portfolio in Q4 2025.
- Millennium Management opened 668 new positions and closed 696 in Q4 2025.
- Millennium Management's portfolio value rose 1.5% quarter-over-quarter to $238B.
Based on Millennium Management's 13F filing for Q4 2025, filed 17 Feb 2026.