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 | |
|---|---|---|---|---|---|---|
2251
HCI Group
HCI
$2.34B
| $9.33M | ﹤0.01% |
61,292
-41,085
| -40% | -$6.31M |
|
2252
BHP
BHP
$211B
| $9.32M | ﹤0.01% |
193,723
-32,996
| -15% | -$1.59M |
|
|
GTEN
2253
Gores Holdings X
GTEN
$471M
| $9.31M | ﹤0.01% |
+908,405
| New | +$9.3M |
|
2254
PUT
Nextpower Inc
NXT
$14.1B
| $9.29M | ﹤0.01% |
170,800
+600
| +0.4% | +$30.1K |
|
2255
CALL
CBRE Group
CBRE
$43.3B
| $9.28M | ﹤0.01% |
66,200
+37,300
| +129% | +$4.72M |
|
2256
Orion
OEC
$403M
| $9.27M | ﹤0.01% |
883,835
+573,444
| +185% | +$6.48M |
|
2257
Sprout Social
SPT
$530M
| $9.24M | ﹤0.01% |
441,978
+406,937
| +1,161% | +$8.62M |
|
2258
American Superconductor
AMSC
$1.29B
| $9.24M | ﹤0.01% |
251,807
+26,125
| +12% | +$642K |
|
2259
Century Aluminum
CENX
$4.22B
| $9.24M | ﹤0.01% |
512,517
+478,716
| +1,416% | +$8.13M |
|
2260
CALL
Five Below
FIVE
$11.6B
| $9.24M | ﹤0.01% |
70,400
+11,000
| +19% | +$1.07M |
|
|
EFXT
2261
Enerflex
EFXT
$2.58B
| $9.23M | ﹤0.01% |
1,169,774
+38,630
| +3% | +$276K |
|
2262
Array Technologies
ARRY
$740M
| $9.22M | ﹤0.01% |
+1,563,252
| New | +$9.49M |
|
2263
Hackett Group
HCKT
$281M
| $9.21M | ﹤0.01% |
362,190
+321,245
| +785% | +$8.18M |
|
2264
PUT
A.O. Smith
AOS
$8.55B
| $9.19M | ﹤0.01% |
140,100
-8,000
| -5% | -$523K |
|
|
SAGE
2265
DELISTED
Sage Therapeutics
SAGE
| $9.14M | ﹤0.01% |
1,002,709
+693,169
| +224% | +$5.1M |
|
2266
Alamo Group
ALG
$1.91B
| $9.14M | ﹤0.01% |
41,852
-21,736
| -34% | -$4.15M |
|
2267
Expro Ltd
XPRO
$1.64B
| $9.13M | ﹤0.01% |
1,063,171
+79,999
| +8% | +$679K |
|
2268
CRA International
CRAI
$1.23B
| $9.12M | ﹤0.01% |
48,665
+31,143
| +178% | +$5.56M |
|
2269
IonQ
IONQ
$11.9B
| $9.12M | ﹤0.01% |
212,190
+140,429
| +196% | +$4.71M |
|
2270
Atlanta Braves Holdings Series A
BATRA
$3.51B
| $9.11M | ﹤0.01% |
185,031
+169,443
| +1,087% | +$7.49M |
|
2271
CALL
Sherwin-Williams
SHW
$83.5B
| $9.1M | ﹤0.01% |
26,500
-26,800
| -50% | -$9.28M |
|
2272
PUT
Marriott International
MAR
$100B
| $9.1M | ﹤0.01% |
33,300
-25,300
| -43% | -$6.35M |
|
2273
PUT
iShares MSCI Germany ETF
EWG
$1.56B
| $9.1M | ﹤0.01% |
215,000
+15,000
| +8% | +$599K |
|
2274
Canadian Pacific Kansas City
CP
$81B
| $9.09M | ﹤0.01% |
114,522
-250,259
| -69% | -$19.2M |
|
2275
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$97.3B
| $9.09M | ﹤0.01% |
50,000
-100,000
| -67% | -$17.3M |
|
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.