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 | |
|---|---|---|---|---|---|---|
1276
Exponent
EXPO
$3.15B
| $26.3M | 0.01% |
352,282
+47,052
| +15% | +$3.65M |
|
1277
CALL
AT&T
T
$169B
| $26.3M | 0.01% |
909,100
+19,500
| +2% | +$537K |
|
1278
Broadstone Net Lease
BNL
$4.3B
| $26.3M | 0.01% |
1,638,465
+491,093
| +43% | +$7.87M |
|
1279
Legend Biotech
LEGN
$3.68B
| $26.3M | 0.01% |
740,847
-117,642
| -14% | -$3.81M |
|
|
VOYG
1280
Voyager Technologies
VOYG
$1.52B
| $26.3M | 0.01% |
+669,120
| New | +$31.9M |
|
1281
Twist Bioscience
TWST
$5.51B
| $26.2M | 0.01% |
713,128
+404,906
| +131% | +$14M |
|
1282
Progress Software
PRGS
$1.66B
| $26.2M | 0.01% |
410,643
+238,779
| +139% | +$14.5M |
|
1283
Lifestance Health
LFST
$4.29B
| $26.2M | 0.01% |
5,070,557
-763,791
| -13% | -$4.58M |
|
1284
Everest Group
EG
$15.8B
| $26.2M | 0.01% |
76,973
+37,501
| +95% | +$12.9M |
|
1285
Myriad Genetics
MYGN
$502M
| $26.2M | 0.01% |
4,924,714
+855,188
| +21% | +$5.05M |
|
1286
Whirlpool
WHR
$2.49B
| $26.1M | 0.01% |
257,277
+121,323
| +89% | +$10.1M |
|
1287
PUT
Eaton
ETN
$150B
| $26M | 0.01% |
72,900
-25,600
| -26% | -$7.88M |
|
1288
DXC Technology
DXC
$1.76B
| $26M | 0.01% |
1,699,968
+47,637
| +3% | +$733K |
|
1289
CALL
Goldman Sachs
GS
$305B
| $25.9M | 0.01% |
36,600
-22,000
| -38% | -$12.7M |
|
1290
Virtu Financial
VIRT
$5.11B
| $25.9M | 0.01% |
578,218
-327,595
| -36% | -$13.2M |
|
1291
CALL
Solventum
SOLV
$14.9B
| $25.9M | 0.01% |
+341,000
| New | +$24.1M |
|
1292
Ouster
OUST
$2.28B
| $25.8M | 0.01% |
1,065,812
+93,048
| +10% | +$1.13M |
|
|
STEL
1293
DELISTED
Stellar Bancorp
STEL
| $25.7M | 0.01% |
919,819
+37,388
| +4% | +$994K |
|
1294
PUT
NextEra Energy
NEE
$186B
| $25.7M | 0.01% |
370,400
-362,200
| -49% | -$25.2M |
|
1295
Exelixis
EXEL
$14.2B
| $25.7M | 0.01% |
583,373
+108,326
| +23% | +$4.33M |
|
1296
DuPont de Nemours
DD
$19B
| $25.7M | 0.01% |
298,388
-834,905
| -74% | -$69.4M |
|
1297
International Bancshares
IBOC
$4.83B
| $25.7M | 0.01% |
385,535
+73,195
| +23% | +$4.57M |
|
1298
PUT
Marathon Petroleum
MPC
$89.3B
| $25.6M | 0.01% |
154,400
+8,200
| +6% | +$1.23M |
|
1299
CALL
MongoDB
MDB
$25B
| $25.6M | 0.01% |
122,100
-66,700
| -35% | -$12.3M |
|
|
SWTX
1300
DELISTED
SpringWorks Therapeutics
SWTX
| $25.6M | 0.01% |
544,856
+40,988
| +8% | +$1.82M |
|
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.