Millennium Management 13F, Q2 2025
Israel Englander · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1273087
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1,873 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q2 2025
The 25 largest of 3,931 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| ISHARES TR | IVV | $3.90B | 3.5% | -33% shares |
| ISHARES BITCOIN TRUST ETF | IBIT | $1.31B | 1.2% | +22% shares |
| NVIDIA CORPORATION | NVDA | $1.28B | 1.1% | -13% shares |
| MICROSOFT CORP | MSFT | $1.15B | 1.0% | +25% shares |
| AMAZON COM INC | AMZN | $995.16M | 0.9% | unchanged |
| APPLOVIN CORP | APP | $909.48M | 0.8% | +819% shares |
| SPDR S&P 500 ETF TR | SPY | $787.10M | 0.7% | +1913% shares |
| PALANTIR TECHNOLOGIES INC | PLTR | $682.86M | 0.6% | +282% shares |
| FIDELITY WISE ORIGIN BITCOIN | FBTC | $660.96M | 0.6% | unchanged |
| INTUITIVE SURGICAL INC | ISRG | $536.81M | 0.5% | +24% shares |
| EDWARDS LIFESCIENCES CORP | EW | $522.60M | 0.5% | +94% shares |
| THOMSON REUTERS CORP | TRI4EUR | $510.24M | 0.5% | +184% shares |
| MASTERCARD INCORPORATED | MA | $509.53M | 0.5% | +32% shares |
| HESS CORP | $478.19M | 0.4% | +48% shares | |
| MSCI INC | MSCI | $470.49M | 0.4% | +18% shares |
| ABBVIE INC | ABBV | $454.14M | 0.4% | +416% shares |
| ALPHABET INC | GOOG | $447.57M | 0.4% | +32% shares |
| ELI LILLY & CO | LLY | $445.03M | 0.4% | -16% shares |
| BOSTON SCIENTIFIC CORP | BSX | $444.25M | 0.4% | -44% shares |
| META PLATFORMS INC | META | $433.90M | 0.4% | -62% shares |
| ORACLE CORP | ORCL | $432.20M | 0.4% | +119% shares |
| UNION PAC CORP | UNP | $416.15M | 0.4% | +1559% shares |
| APPLE INC | AAPL | $410.74M | 0.4% | +6% shares |
| BOEING CO | BA | $408.06M | 0.4% | +40% shares |
| WALMART INC | WMT | $394.77M | 0.3% | +96% shares |
What changed since Q1 2025
Against the Q1 2025 filing, Millennium Management opened 514 new positions, added to 1,685, trimmed 1,620, left 112 unchanged and exited 495. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- VZ$133.74M
- BABA 0.5 06/01/31$112.03M
- ETHA$110.79M
- MSTR 2.25 06/15/32$96.05M
- CAI$93.87M
- CHUBB LIMITED$93.86M
- TECH$84.41M
- B$84.37M
and 506 more
Exited
- DISCOVER FINL SVCSwas $281.92M
- SHOPwas $242.43M
- BERRY GLOBAL GROUP INCwas $173.06M
- VRTXwas $150.26M
- BEACON ROOFING SUPPLY INCwas $148.11M
- BOOKING HOLDINGS INCwas $147.51M
- INTRA-CELLULAR THERAPIES INCwas $111.35M
- BARRICK GOLD CORPwas $100.69M
and 487 more
Other quarters
Source: SEC Form 13F-HR, accession 0001273087-25-000028, filed by MILLENNIUM MANAGEMENT LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.