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 | |
|---|---|---|---|---|---|---|
5301
Pioneer Bancorp
PBFS
$452M
| $171K | ﹤0.01% |
14,231
-3,602
| -20% | -$41.4K |
|
|
RBOT
5302
DELISTED
Vicarious Surgical
RBOT
| $170K | ﹤0.01% |
22,650
-4,643
| -17% | -$33.7K |
|
5303
Offerpad Solutions
OPAD
$19.3M
| $170K | ﹤0.01% |
+18,652
| New | +$215K |
|
5304
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.51B
| $169K | ﹤0.01% |
10,510
-3,670
| -26% | -$57K |
|
5305
Resources Connection
RGP
$136M
| $169K | ﹤0.01% |
31,415
-67,497
| -68% | -$366K |
|
|
BFZ
5306
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $168K | ﹤0.01% |
15,567
| – | – |
|
5307
Lands' End
LE
$389M
| $167K | ﹤0.01% |
15,575
-8,139
| -34% | -$73.6K |
|
5308
Idaho Strategic Resources
IDR
$456M
| $166K | ﹤0.01% |
12,718
-175,815
| -93% | -$2.59M |
|
5309
TriSalus Life Sciences
TLSI
$266M
| $165K | ﹤0.01% |
30,253
-103,127
| -77% | -$553K |
|
5310
Copel
ELPC
$8.63B
| $163K | ﹤0.01% |
19,118
-2,121
| -10% | -$16.3K |
|
5311
Drilling Tools International
DTI
$79.4M
| $162K | ﹤0.01% |
+56,945
| New | +$142K |
|
5312
Nexa Resources
NEXA
$1.64B
| $162K | ﹤0.01% |
32,655
-5,013
| -13% | -$27K |
|
5313
Ramaco Resources Class B
METCB
$443M
| $161K | ﹤0.01% |
+20,762
| New | +$155K |
|
5314
Target Hospitality
TH
$1.47B
| $161K | ﹤0.01% |
+22,601
| New | +$157K |
|
|
ACOG
5315
Alpha Cognition
ACOG
$183M
| $161K | ﹤0.01% |
+17,224
| New | +$126K |
|
5316
Taboola.com
TBLA
$1.37B
| $160K | ﹤0.01% |
43,839
-529,555
| -92% | -$1.73M |
|
5317
CALL
Solid Power Inc Warrant
SLDPW
$6.59M
| $160K | ﹤0.01% |
484,871
+99,003
| +26% | +$17.8K |
|
|
AVDL
5318
DELISTED
Avadel Pharmaceuticals
AVDL
| $159K | ﹤0.01% |
18,000
-77,378
| -81% | -$680K |
|
5319
Pure Cycle
PCYO
$259M
| $158K | ﹤0.01% |
+14,752
| New | +$153K |
|
|
ABLLW
5320
CALL
DELISTED
Abacus Life Warrant
ABLLW
| $158K | ﹤0.01% |
141,033
-562
| -0.4% | -$823 |
|
|
OACCW
5321
CALL
Oaktree Acquisition Corp III Life Sciences Warrant
OACCW
| $158K | ﹤0.01% |
180,000
+105,000
| +140% | +$81K |
|
|
LOKVW
5322
CALL
DELISTED
Live Oak Acquisition Corp V Warrants
LOKVW
| $158K | ﹤0.01% |
+225,000
| New | +$114K |
|
5323
Mediaco Holding
MDIA
$79.9M
| $157K | ﹤0.01% |
144,256
-11,948
| -8% | -$13K |
|
|
BHR
5324
Braemar Hotels & Resorts
BHR
$160M
| $156K | ﹤0.01% |
63,777
+46,817
| +276% | +$103K |
|
5325
Children's Place
PLCE
$55.8M
| $155K | ﹤0.01% |
34,970
-72,922
| -68% | -$411K |
|
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.