MILLENNIUM MANAGEMENT LLC

Filed: 11/14/2025ACC: 0001273087-25-000034

📋 What this filing means

MILLENNIUM MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 4244 equity positions with a total reported market value of $234.29B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

4244

Positions

$234.29B

Total AUM (reported)

7.27B

Total Shares

Allocation by class

COM$124.45B53.1%

RUSSELL 2000 ETF$11.11B4.7%

CL A$9.66B4.1%

UNIT SER 1$8.64B3.7%

SHS$6.49B2.8%

CORE S&P500 ETF$5.02B2.1%

COM NEW$3.82B1.6%

Portfolio Concentration

Top 3$30.53B13.0%

4–10$30.16B12.9%

11–25$22.93B9.8%

Rest$150.67B64.3%

Top 3 weight

13.0%

Top 10 weight

25.9%

Voting Authority Distribution

Total shares with voting rights: 3.70B

Sole

Full voting authority

2.81B

% of voting shares76.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

885.70M

% of voting shares24.0%

Investment Discretion (by position count)

Sole4244

Shared0

Other0

Dominant voting typeSole · 76.0% of voting shares

Institutional Holdings4244

Rows:

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares45.93M

TypeSH

Market value$11.11B

4.74%

Sole

873.09K

Shared

0.00

None

45.05M

NVIDIA CORPORATION

SOLE

COM

Shares57.77M

TypeSH

Market value$10.78B

4.60%

Sole

18.27M

Shared

0.00

None

39.49M

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares14.39M

TypeSH

Market value$8.64B

3.69%

Sole

362.26K

Shared

0.00

None

14.03M

MICROSOFT CORP

SOLE

COM

Shares12.46M

TypeSH

Market value$6.45B

2.75%

Sole

3.43M

Shared

0.00

None

9.03M

APPLE INC

SOLE

COM

Shares21.24M

TypeSH

Market value$5.41B

2.31%

Sole

7.02M

Shared

0.00

None

14.22M

ISHARES TR

SOLE

CORE S&P500 ETF

Shares7.50M

TypeSH

Market value$5.02B

2.14%

Sole

7.50M

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares18.83M

TypeSH

Market value$4.13B

1.76%

Sole

3.75M

Shared

0.00

None

15.08M

META PLATFORMS INC

SOLE

CL A

Shares5.18M

TypeSH

Market value$3.80B

1.62%

Sole

1.38M

Shared

0.00

None

3.80M

TESLA INC

SOLE

COM

Shares6.40M

TypeSH

Market value$2.85B

1.22%

Sole

414.35K

Shared

0.00

None

5.99M

ALPHABET INC

SOLE

CAP STK CL A

Shares10.27M

TypeSH

Market value$2.50B

1.07%

Sole

3.59M

Shared

0.00

None

6.68M

BROADCOM INC

SOLE

COM

Shares6.83M

TypeSH

Market value$2.25B

0.96%

Sole

1.81M

Shared

0.00

None

5.02M

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares3.25M

TypeSH

Market value$2.17B

0.93%

Sole

1.55M

Shared

0.00

None

1.70M

SELECT SECTOR SPDR TR

SOLE

FINANCIAL

Shares39.65M

TypeSH

Market value$2.14B

0.91%

Sole

2.02M

Shared

0.00

None

37.63M

ISHARES TR

SOLE

MSCI EMG MKT ETF

Shares39.22M

TypeSH

Market value$2.09B

0.89%

Sole

29.58K

Shared

0.00

None

39.19M

ISHARES TR

SOLE

IBOXX HI YD ETF

Shares23.25M

TypeSH

Market value$1.89B

0.81%

Sole

612.03K

Shared

0.00

None

22.63M

ALPHABET INC

SOLE

CAP STK CL C

Shares6.71M

TypeSH

Market value$1.63B

0.70%

Sole

3.37M

Shared

0.00

None

3.34M

SELECT SECTOR SPDR TR

SOLE

ENERGY

Shares18.29M

TypeSH

Market value$1.63B

0.70%

Sole

201.54K

Shared

0.00

None

18.09M

ISHARES BITCOIN TRUST ETF

SOLE

SHS BEN INT

Shares22.47M

TypeSH

Market value$1.46B

0.62%

Sole

20.52M

Shared

0.00

None

1.95M

NETFLIX INC

SOLE

COM

Shares1.08M

TypeSH

Market value$1.30B

0.56%

Sole

168.56K

Shared

0.00

None

916.20K

ADVANCED MICRO DEVICES INC

SOLE

COM

Shares7.64M

TypeSH

Market value$1.24B

0.53%

Sole

925.95K

Shared

0.00

None

6.71M

SPDR DOW JONES INDL AVERAGE

SOLE

UT SER 1

Shares2.37M

TypeSH

Market value$1.10B

0.47%

Sole

47.17K

Shared

0.00

None

2.33M

ISHARES ETHEREUM TR

SOLE

SHS

Shares34.56M

TypeSH

Market value$1.09B

0.46%

Sole

33.92M

Shared

0.00

None

639.20K

MORGAN STANLEY

SOLE

COM NEW

Shares6.26M

TypeSH

Market value$994.30M

0.42%

Sole

3.52M

Shared

0.00

None

2.73M

BANK AMERICA CORP

SOLE

COM

Shares19.01M

TypeSH

Market value$980.75M

0.42%

Sole

10.20M

Shared

0.00

None

8.81M

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares1.91M

TypeSH

Market value$960.40M

0.41%

Sole

700.33K

Shared

0.00

None

1.21M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	RUSSELL 2000 ETF	45.93M	SH	$11.11B 4.74%	873.09K	45.05M
NVIDIA CORPORATIONSOLE	COM	57.77M	SH	$10.78B 4.60%	18.27M	39.49M
INVESCO QQQ TRSOLE	UNIT SER 1	14.39M	SH	$8.64B 3.69%	362.26K	14.03M
MICROSOFT CORPSOLE	COM	12.46M	SH	$6.45B 2.75%	3.43M	9.03M
APPLE INCSOLE	COM	21.24M	SH	$5.41B 2.31%	7.02M	14.22M
ISHARES TRSOLE	CORE S&P500 ETF	7.50M	SH	$5.02B 2.14%	7.50M	0.00
AMAZON COM INCSOLE	COM	18.83M	SH	$4.13B 1.76%	3.75M	15.08M
META PLATFORMS INCSOLE	CL A	5.18M	SH	$3.80B 1.62%	1.38M	3.80M
TESLA INCSOLE	COM	6.40M	SH	$2.85B 1.22%	414.35K	5.99M
ALPHABET INCSOLE	CAP STK CL A	10.27M	SH	$2.50B 1.07%	3.59M	6.68M
BROADCOM INCSOLE	COM	6.83M	SH	$2.25B 0.96%	1.81M	5.02M
SPDR S&P 500 ETF TRSOLE	TR UNIT	3.25M	SH	$2.17B 0.93%	1.55M	1.70M
SELECT SECTOR SPDR TRSOLE	FINANCIAL	39.65M	SH	$2.14B 0.91%	2.02M	37.63M
ISHARES TRSOLE	MSCI EMG MKT ETF	39.22M	SH	$2.09B 0.89%	29.58K	39.19M
ISHARES TRSOLE	IBOXX HI YD ETF	23.25M	SH	$1.89B 0.81%	612.03K	22.63M
ALPHABET INCSOLE	CAP STK CL C	6.71M	SH	$1.63B 0.70%	3.37M	3.34M
SELECT SECTOR SPDR TRSOLE	ENERGY	18.29M	SH	$1.63B 0.70%	201.54K	18.09M
ISHARES BITCOIN TRUST ETFSOLE	SHS BEN INT	22.47M	SH	$1.46B 0.62%	20.52M	1.95M
NETFLIX INCSOLE	COM	1.08M	SH	$1.30B 0.56%	168.56K	916.20K
ADVANCED MICRO DEVICES INCSOLE	COM	7.64M	SH	$1.24B 0.53%	925.95K	6.71M
SPDR DOW JONES INDL AVERAGESOLE	UT SER 1	2.37M	SH	$1.10B 0.47%	47.17K	2.33M
ISHARES ETHEREUM TRSOLE	SHS	34.56M	SH	$1.09B 0.46%	33.92M	639.20K
MORGAN STANLEYSOLE	COM NEW	6.26M	SH	$994.30M 0.42%	3.52M	2.73M
BANK AMERICA CORPSOLE	COM	19.01M	SH	$980.75M 0.42%	10.20M	8.81M
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	1.91M	SH	$960.40M 0.41%	700.33K	1.21M

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