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 |
iShares Core S&P 500 ETF
IVV
|
+$4.75B |
| 2 |
Walmart Inc
WMT
|
+$3.98B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.42B |
| 4 |
Broadcom
AVGO
|
+$943M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$785M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$572M |
| 2 |
NVIDIA
NVDA
|
+$566M |
| 3 |
Apple
AAPL
|
+$554M |
| 4 |
AbbVie
ABBV
|
+$455M |
| 5 |
Bank of America
BAC
|
+$411M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.52% |
| 2 | Healthcare | 7.46% |
| 3 | Financials | 6.74% |
| 4 | Industrials | 6.14% |
| 5 | Consumer Discretionary | 4.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2326
PUT
Futu Holdings
FUTU
$14.7B
| $8.69M | ﹤0.01% |
52,900
-14,100
| -21% | -$2.42M |
|
2327
Ouster
OUST
$2.63B
| $8.68M | ﹤0.01% |
401,185
-104,032
| -21% | -$2.75M |
|
2328
Immix Biopharma
IMMX
$592M
| $8.68M | ﹤0.01% |
+1,659,778
| New | +$6.83M |
|
|
CIM
2329
Chimera Investment
CIM
$1.04B
| $8.67M | ﹤0.01% |
697,620
+276,950
| +66% | +$3.52M |
|
2330
Harmony Biosciences
HRMY
$2.04B
| $8.67M | ﹤0.01% |
231,696
+27,186
| +13% | +$894K |
|
2331
AGCO
AGCO
$7.15B
| $8.66M | ﹤0.01% |
82,974
-47,425
| -36% | -$5.04M |
|
2332
SouthState Bank Corp
SSB
$10.2B
| $8.64M | ﹤0.01% |
91,824
-940,601
| -91% | -$87.1M |
|
2333
Universal Corp
UVV
$1.31B
| $8.64M | ﹤0.01% |
163,780
-115,278
| -41% | -$6.12M |
|
|
LENZ
2334
LENZ Therapeutics
LENZ
$166M
| $8.63M | ﹤0.01% |
+539,348
| New | +$15.7M |
|
2335
National Bank Holdings
NBHC
$1.92B
| $8.62M | ﹤0.01% |
226,900
-24,244
| -10% | -$913K |
|
2336
PUT
Charter Communications
CHTR
$17.3B
| $8.6M | ﹤0.01% |
41,200
-13,900
| -25% | -$3.13M |
|
2337
Ranpak Holdings
PACK
$439M
| $8.59M | ﹤0.01% |
1,588,253
+393,344
| +33% | +$2.07M |
|
|
DJTWW
2338
CALL
Trump Media & Technology Group Warrants
DJTWW
$787M
| $8.59M | ﹤0.01% |
1,224,883
| – | – |
|
|
AERO
2339
Grupo Aeromexico SAB de CV
AERO
$2.25B
| $8.58M | ﹤0.01% |
+390,673
| New | +$7.48M |
|
2340
GeneDx Holdings
WGS
$1.93B
| $8.58M | ﹤0.01% |
65,955
+14,217
| +27% | +$1.95M |
|
2341
PUT
Main Street Capital
MAIN
$5.06B
| $8.57M | ﹤0.01% |
141,900
| – | – |
|
2342
Procore
PCOR
$8.26B
| $8.57M | ﹤0.01% |
+117,786
| New | +$8.71M |
|
2343
Stock Yards Bancorp
SYBT
$2.64B
| $8.56M | ﹤0.01% |
131,842
+89,470
| +211% | +$6.01M |
|
2344
Amprius Technologies
AMPX
$1.36B
| $8.56M | ﹤0.01% |
1,085,270
+497,438
| +85% | +$5.69M |
|
2345
CALL
Riot Platforms
RIOT
$7.63B
| $8.55M | ﹤0.01% |
675,000
-556,300
| -45% | -$9.52M |
|
2346
Avista
AVA
$3.34B
| $8.53M | ﹤0.01% |
221,301
-180,122
| -45% | -$7.03M |
|
2347
TTM Technologies
TTMI
$12B
| $8.51M | ﹤0.01% |
123,352
-97,889
| -44% | -$6.39M |
|
|
VSXY
2348
Victoria's Secret
VSXY
$7.05B
| $8.51M | ﹤0.01% |
157,099
+114,040
| +265% | +$4.53M |
|
|
AXIA
2349
AXIA Energia
AXIA
$23.9B
| $8.5M | ﹤0.01% |
928,264
+560,747
| +153% | +$4.85M |
|
|
STUB
2350
StubHub Holdings
STUB
$3.17B
| $8.5M | ﹤0.01% |
628,440
+50,146
| +9% | +$788K |
|
Similar funds
Millennium Management's Q4 2025 Portfolio in Review
As of Q4 2025, Millennium Management held 6,645 positions worth $238B, up 1.5% from $234B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Millennium Management's Q4 2025 filing shows 668 new, 2,203 increased, 2,701 reduced and 696 closed positions. Its largest new stake was iShares Russell 1000 ETF: 455,129 shares worth $170M. The largest sale was Microsoft, an estimated $572M.
By sector, the portfolio is most concentrated in Technology at 9.5% of assets, up from 9.3% a quarter earlier, followed by Healthcare and Financials.
- Millennium Management's largest Q4 2025 buy was iShares Russell 1000 ETF: 455,129 shares worth $170M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q4 2025, an estimated $4.75B increase.
- Millennium Management's biggest Q4 2025 reduction was Microsoft, cutting an estimated $572M.
- Millennium Management fully exited Mr. Cooper in Q4 2025, selling an estimated $277M.
- Millennium Management's ten largest holdings make up 19% of its $238B portfolio in Q4 2025.
- Millennium Management opened 668 new positions and closed 696 in Q4 2025.
- Millennium Management's portfolio value rose 1.5% quarter-over-quarter to $238B.
Based on Millennium Management's 13F filing for Q4 2025, filed 17 Feb 2026.