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 | |
|---|---|---|---|---|---|---|
1876
PUT
Zoom
ZM
$27.1B
| $13.7M | 0.01% |
175,400
-585,200
| -77% | -$45.2M |
|
1877
Evolus
EOLS
$397M
| $13.7M | 0.01% |
1,483,426
+91,398
| +7% | +$935K |
|
1878
CALL
Carlyle Group
CG
$16.1B
| $13.7M | 0.01% |
265,600
-951,100
| -78% | -$41M |
|
1879
UFP Industries
UFPI
$4.95B
| $13.6M | 0.01% |
137,243
+114,475
| +503% | +$11.6M |
|
1880
Goosehead Insurance
GSHD
$1.68B
| $13.6M | 0.01% |
129,168
+26,761
| +26% | +$2.84M |
|
1881
Nomad Foods
NOMD
$1.77B
| $13.6M | 0.01% |
801,074
+144,388
| +22% | +$2.65M |
|
1882
iShares MSCI EAFE ETF
EFA
$76.4B
| $13.6M | 0.01% |
152,095
+97,100
| +177% | +$8.29M |
|
1883
CALL
Capital One
COF
$128B
| $13.6M | 0.01% |
63,800
-1,400
| -2% | -$261K |
|
1884
PUT
Moderna
MRNA
$21.6B
| $13.6M | 0.01% |
491,900
+183,200
| +59% | +$4.82M |
|
1885
Moog Inc Class A
MOG.A
$12.4B
| $13.6M | 0.01% |
74,919
+62,987
| +528% | +$11M |
|
1886
PUT
Chewy
CHWY
$9.54B
| $13.6M | 0.01% |
318,000
+78,300
| +33% | +$3.12M |
|
|
AL
1887
DELISTED
Air Lease Corp
AL
| $13.5M | 0.01% |
231,418
+27,418
| +13% | +$1.43M |
|
1888
The Ensign Group
ENSG
$10.6B
| $13.5M | 0.01% |
87,694
-149,787
| -63% | -$21M |
|
|
AXIA
1889
AXIA Energia
AXIA
$22.9B
| $13.5M | 0.01% |
2,298,136
+1,355,146
| +144% | +$7.92M |
|
1890
Willdan Group
WLDN
$1.02B
| $13.5M | 0.01% |
216,271
+190,449
| +738% | +$9.08M |
|
1891
NetEase
NTES
$83B
| $13.5M | 0.01% |
100,448
-6,429
| -6% | -$739K |
|
1892
Sunstone Hotel Investors
SHO
$2.19B
| $13.5M | 0.01% |
1,553,446
-839,328
| -35% | -$7.24M |
|
1893
Fluence Energy
FLNC
$1.58B
| $13.5M | 0.01% |
2,005,670
+1,302,429
| +185% | +$6.2M |
|
1894
Gogo Inc
GOGO
$525M
| $13.4M | 0.01% |
915,187
+206,184
| +29% | +$2.1M |
|
1895
ACM Research
ACMR
$4.51B
| $13.4M | 0.01% |
518,349
+478,072
| +1,187% | +$10.8M |
|
1896
Minerals Technologies
MTX
$2.29B
| $13.4M | 0.01% |
243,628
+211,613
| +661% | +$11.9M |
|
1897
CALL
Monster Beverage
MNST
$95.1B
| $13.4M | 0.01% |
213,700
-75,200
| -26% | -$4.6M |
|
|
SMA
1898
SmartStop Self Storage REIT
SMA
$1.93B
| $13.4M | 0.01% |
+369,382
| New | +$13M |
|
1899
Willis Towers Watson
WTW
$29.8B
| $13.4M | 0.01% |
43,613
-166,034
| -79% | -$51.5M |
|
1900
EnerSys
ENS
$6.43B
| $13.3M | 0.01% |
155,604
-461,871
| -75% | -$40.3M |
|
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.