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 | |
|---|---|---|---|---|---|---|
1801
Byline Bancorp
BY
$1.78B
| $14.8M | 0.01% |
554,247
+433,248
| +358% | +$11.1M |
|
1802
Mercado Libre
MELI
$94.4B
| $14.8M | 0.01% |
5,659
-43,529
| -88% | -$102M |
|
1803
PUT
Telus
TU
$17.1B
| $14.8M | 0.01% |
675,000
| – | – |
|
1804
Hasbro
HAS
$13.6B
| $14.8M | 0.01% |
199,909
-405,409
| -67% | -$25.6M |
|
1805
Sumitomo Mitsui Financial
SMFG
$160B
| $14.8M | 0.01% |
976,618
+940,790
| +2,626% | +$13.5M |
|
1806
Central Garden & Pet Co
CENT
$2.74B
| $14.8M | 0.01% |
419,404
+160,260
| +62% | +$5.66M |
|
|
NXRT
1807
NexPoint Residential Trust
NXRT
$691M
| $14.8M | 0.01% |
442,773
+114,090
| +35% | +$4.04M |
|
1808
Clear Secure
YOU
$5.81B
| $14.7M | 0.01% |
530,911
-172,962
| -25% | -$4.41M |
|
1809
Vanda Pharmaceuticals
VNDA
$299M
| $14.7M | 0.01% |
3,120,339
+980,748
| +46% | +$4.29M |
|
|
FETH
1810
Fidelity Ethereum Fund
FETH
$1.02B
| $14.7M | 0.01% |
584,864
+354,690
| +154% | +$7.78M |
|
1811
Rayonier
RYN
$6.62B
| $14.7M | 0.01% |
696,025
-884,030
| -56% | -$20.2M |
|
1812
CALL
Alnylam Pharmaceuticals
ALNY
$38.1B
| $14.7M | 0.01% |
45,100
-15,300
| -25% | -$4.23M |
|
1813
CALL
TransAlta
TAC
$3.94B
| $14.7M | 0.01% |
+1,000,000
| New | +$9.52M |
|
1814
PUT
Wingstop
WING
$3.84B
| $14.7M | 0.01% |
43,600
-15,900
| -27% | -$4.71M |
|
1815
BlackLine
BL
$1.92B
| $14.7M | 0.01% |
259,150
+175,933
| +211% | +$9.09M |
|
1816
Mirum Pharmaceuticals
MIRM
$6.69B
| $14.7M | 0.01% |
288,159
-191,140
| -40% | -$8.51M |
|
|
VSXY
1817
Victoria's Secret
VSXY
$7.1B
| $14.7M | 0.01% |
791,306
-627,774
| -44% | -$12.3M |
|
1818
Banco Bradesco
BBD
$37.5B
| $14.6M | 0.01% |
4,741,053
-2,093,139
| -31% | -$5.51M |
|
1819
CALL
Chubb
CB
$141B
| $14.6M | 0.01% |
50,500
-900
| -2% | -$259K |
|
1820
CALL
Sanofi
SNY
$108B
| $14.6M | 0.01% |
302,600
+74,000
| +32% | +$3.78M |
|
1821
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $14.6M | 0.01% |
152,400
+52,400
| +52% | +$4.95M |
|
1822
OppFi
OPFI
$814M
| $14.6M | 0.01% |
1,041,163
+232,596
| +29% | +$2.61M |
|
1823
Gaming and Leisure Properties
GLPI
$13B
| $14.6M | 0.01% |
311,870
-655,055
| -68% | -$31M |
|
1824
CALL
Elevance Health
ELV
$81.9B
| $14.5M | 0.01% |
37,400
-81,500
| -69% | -$32.8M |
|
|
CNH
1825
CNH Industrial
CNH
$13.5B
| $14.5M | 0.01% |
+1,118,528
| New | +$13.8M |
|
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.