Millburn Ridgefield LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Millburn Ridgefield LLC reported 49 stock positions worth $4.1 billion. Its top holding was iShares Core S&P Midcap ETF (IJH) at 12.6% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 12.6%) and iShares MSCI USA Min Vol Fac (USMV, 8.5%). Compared with Q4 2024, it opened 9 new positions, sold out of 6, added to 25 and reduced 15. The biggest buy was iShares MSCI USA Min Vol Fac (USMV, shares +3%) and the biggest sale Vngrd Mrngstr MD-Cap ETF-Usd (VO, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001294571
- Portfolio Value
- $4.1B (Q1 2025)
- SEC Filing
- 0001376474-25-000344 ↗ filed Apr 15, 2025
Holdings Value
Holdings 49 stocks · $4.1B
| IJH iShares Core S&P Midcap ETF | 12.63% | 8,932,011 | $521.2M | Add +10.5% |
| IWB iShares Russell 1000 ETF | 12.59% | 1,693,608 | $519.5M | Add +5.5% |
| USMV iShares MSCI USA Min Vol Fac | 8.52% | 3,755,502 | $351.7M | Add +2.9% |
| IWM iShares Russell 2000 ETF | 8.47% | 1,751,639 | $349.4M | Add +10.9% |
| VWO Vanguard Ftse Emerging Marke | 8.34% | 7,609,189 | $344.4M | Add +5.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 7.22% | 532,813 | $298.1M | Add +5.4% |
| IJR iShares Core S&P Small-Cap E | 6.38% | 2,519,585 | $263.5M | Add +12.1% |
| VOO Vanguard S&P 500 ETF | 3.28% | 263,721 | $135.5M | Add +5.2% |
| INDA iShares MSCI India ETF | 3.10% | 2,484,481 | $127.9M | Add +11.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 2.83% | 455,103 | $117.0M | Add +5.5% |
| DFAC Dimensional US Core Equity 2 | 2.66% | 3,322,214 | $109.6M | Add +5.8% |
| VNQ Vanguard Real Estate ETF | 2.63% | 1,201,208 | $108.8M | Add +3.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.53% | 404,194 | $104.5M | Reduce -0.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.96% | 365,075 | $81.0M | Add +15.8% |
| EWU iShares MSCI United Kingdom | 1.60% | 1,763,090 | $66.1M | Reduce -0.3% |
| IWR iShares Russell Mid-Cap ETF | 1.60% | 774,720 | $65.9M | Add +6.8% |
| IQLT iShares MSCI International Q | 1.57% | 1,634,145 | $64.9M | Reduce -0.4% |
| EWJ iShares MSCI Japan ETF | 1.44% | 865,772 | $59.4M | Add +0.2% |
| EWT iShares MSCI Taiwan ETF | 1.40% | 1,216,247 | $57.7M | Add +5.4% |
| DFAE Dimensional Emerging Core Eq | 1.23% | 1,964,116 | $50.9M | Add +5.0% |
| DFIC Dimensional International Co. | 1.17% | 1,741,130 | $48.4M | Reduce -0.6% |
| QUAL iShares MSCI USA Quality Fac | 1.01% | 243,808 | $41.7M | Add +5.7% |
| DUHP Dimensional US High Profi Et | 0.91% | 1,132,910 | $37.5M | Add +10.5% |
| EWL iShares MSCI Switzerland ETF | 0.56% | 446,817 | $23.1M | Reduce -5.1% |
| EWZ iShares MSCI Brazil ETF | 0.52% | 832,621 | $21.5M | Reduce -7.2% |
| EPI Wisdomtree India Earnings | 0.52% | 489,104 | $21.4M | Add +10.8% |
| EWW iShares MSCI Mexico ETF | 0.51% | 412,324 | $21.0M | Reduce -0.6% |
| EWC iShares MSCI Canada ETF | 0.50% | 503,030 | $20.5M | Reduce -0.3% |
| EWA iShares MSCI Australia ETF | 0.48% | 837,154 | $19.6M | Reduce -0.1% |
| EWS iShares MSCI Singapore ETF | 0.31% | 546,384 | $13.0M | Add +11.4% |
| EWH iShares MSCI Hong Kong ETF | 0.31% | 735,500 | $12.9M | Reduce -1.2% |
| EWP iShares MSCI Spain ETF | 0.25% | 268,700 | $10.2M | Reduce -17.8% |
| EWQ iShares MSCI France ETF | 0.24% | 247,269 | $9.8M | Reduce -8.5% |
| VGK Vanguard Ftse Europe ETF | 0.18% | 108,039 | $7.6M | Reduce -8.9% |
| EZA iShares MSCI South Africa Et | 0.17% | 145,275 | $7.0M | Add +15.7% |
| EWM iShares MSCI Malaysia ETF | 0.13% | 240,192 | $5.5M | Add +10.4% |
| TUR iShares MSCI Turkey ETF | 0.09% | 109,247 | $3.6M | Add +6.9% |
| THD iShares MSCI Thailand ETF | 0.09% | 68,899 | $3.6M | Add +5.7% |
| DAC Danaos Corp. | 0.01% | 3,757 | $293K | New |
| NOC Northrop Grumman Corp. | 0.01% | 555 | $284K | New |
| AOS Smith (a.o.) Corp. | 0.01% | 3,842 | $251K | New |
| MAS Masco Corp. | 0.01% | 3,461 | $241K | New |
| CAT Caterpillar Inc. | 0.01% | 713 | $235K | New |
| ITW Illinois Tool Works | 0.01% | 930 | $231K | Reduce -9.3% |
| NFG National Fuel Gas Co. | 0.01% | 2,807 | $222K | Reduce -53.1% |
| RSG Republic Services Inc. | 0.01% | 901 | $218K | New |
| TT Trane Technologies PLC | 0.01% | 642 | $216K | New |
| PH Parker Hannifin Corp. | 0.01% | 350 | $213K | New |
| MDU Mdu Resources Group Inc. | 0.01% | 12,237 | $207K | New |
Portfolio Sells Q4 2024 → Q1 2025
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.2% | 2.53% | −0.14 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Sold out | 0.00% | −0.08 |
| EWA iShares MSCI Australia ETF | Reduce -0.1% | 0.48% | −0.02 |
| EWC iShares MSCI Canada ETF | Reduce -0.3% | 0.50% | −0.01 |
| EWP iShares MSCI Spain ETF | Reduce -17.8% | 0.25% | −0.01 |
| PAGP Plains GP Holdings LP | Sold out | 0.00% | −0.01 |
| VGK Vanguard Ftse Europe ETF | Reduce -8.9% | 0.18% | −0.00 |
| EWQ iShares MSCI France ETF | Reduce -8.5% | 0.24% | −0.00 |
| LAND Gladstone Land Corp. | Sold out | 0.00% | −0.00 |
| NFG National Fuel Gas Co. | Reduce -53.1% | 0.01% | −0.00 |
| AES AES Corp. | Sold out | 0.00% | −0.00 |
| DHT DHT Holdings Inc. | Sold out | 0.00% | −0.00 |
| FPI Farmland Partners Inc. | Sold out | 0.00% | −0.00 |
| ITW Illinois Tool Works | Reduce -9.3% | 0.01% | −0.00 |
| EWH iShares MSCI Hong Kong ETF | Reduce -1.2% | 0.31% | +0.00 |
| EWZ iShares MSCI Brazil ETF | Reduce -7.2% | 0.52% | +0.02 |
| EWL iShares MSCI Switzerland ETF | Reduce -5.1% | 0.56% | +0.02 |
| EWW iShares MSCI Mexico ETF | Reduce -0.6% | 0.51% | +0.02 |
| DFIC Dimensional International Co. | Reduce -0.6% | 1.17% | +0.04 |
| IQLT iShares MSCI International Q | Reduce -0.4% | 1.57% | +0.05 |
| EWU iShares MSCI United Kingdom | Reduce -0.3% | 1.60% | +0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| USMV iShares MSCI USA Min Vol Fac | Add +2.9% | 8.52% | +0.41 |
| VWO Vanguard Ftse Emerging Marke | Add +5.5% | 8.34% | +0.39 |
| INDA iShares MSCI India ETF | Add +11.6% | 3.10% | +0.17 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +15.8% | 1.96% | +0.07 |
| EWS iShares MSCI Singapore ETF | Add +11.4% | 0.31% | +0.05 |
| DFAE Dimensional Emerging Core Eq | Add +5.0% | 1.23% | +0.05 |
| DUHP Dimensional US High Profi Et | Add +10.5% | 0.91% | +0.04 |
| EZA iShares MSCI South Africa Et | Add +15.7% | 0.17% | +0.04 |
| VNQ Vanguard Real Estate ETF | Add +3.0% | 2.63% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +10.5% | 12.63% | +0.02 |
| EPI Wisdomtree India Earnings | Add +10.8% | 0.52% | +0.02 |
| DAC Danaos Corp. | New | 0.01% | +0.01 |
| NOC Northrop Grumman Corp. | New | 0.01% | +0.01 |
| AOS Smith (a.o.) Corp. | New | 0.01% | +0.01 |
| MAS Masco Corp. | New | 0.01% | +0.01 |
| CAT Caterpillar Inc. | New | 0.01% | +0.01 |
| RSG Republic Services Inc. | New | 0.01% | +0.01 |
| PH Parker Hannifin Corp. | New | 0.01% | +0.01 |
| TT Trane Technologies PLC | New | 0.01% | +0.01 |
| MDU Mdu Resources Group Inc. | New | 0.01% | +0.01 |
| EWM iShares MSCI Malaysia ETF | Add +10.4% | 0.13% | +0.00 |
| TUR iShares MSCI Turkey ETF | Add +6.9% | 0.09% | −0.00 |
| IWR iShares Russell Mid-Cap ETF | Add +6.8% | 1.60% | −0.01 |
| THD iShares MSCI Thailand ETF | Add +5.7% | 0.09% | −0.01 |
| EWJ iShares MSCI Japan ETF | Add +0.2% | 1.44% | −0.01 |
| QUAL iShares MSCI USA Quality Fac | Add +5.7% | 1.01% | −0.02 |
| DFAC Dimensional US Core Equity 2 | Add +5.8% | 2.66% | −0.06 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +5.5% | 2.83% | −0.08 |
| IJR iShares Core S&P Small-Cap E | Add +12.1% | 6.38% | −0.09 |
| EWT iShares MSCI Taiwan ETF | Add +5.4% | 1.40% | −0.10 |
| VOO Vanguard S&P 500 ETF | Add +5.2% | 3.28% | −0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.4% | 7.22% | −0.19 |
| IWM iShares Russell 2000 ETF | Add +10.9% | 8.47% | −0.26 |
| IWB iShares Russell 1000 ETF | Add +5.5% | 12.59% | −0.35 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $5.3B | IJH, IWB, IWM, USMV, VWO |
| Q1 2026 | 39 | $4.6B | IWB, IJH, IWM, USMV, VWO |
| Q4 2025 | 39 | $4.2B | IWB, IJH, USMV, IWM, VWO |
| Q3 2025 | 38 | $4.2B | IWB, IJH, IWM, USMV, VWO |
| Q2 2025 | 38 | $4.2B | IWB, IJH, IWM, VWO, USMV |
| Q1 2025 | 49 | $4.1B | IJH, IWB, USMV, IWM, VWO |
| Q4 2024 | 46 | $4.0B | IWB, IJH, IWM, USMV, VWO |
| Q3 2024 | 247 | $3.8B | IWB, IJH, IWM, USMV, VWO |
| Q2 2024 | 184 | $3.7B | IWB, IJH, IWM, USMV, VWO |
| Q1 2024 | 182 | $3.6B | IWB, IJH, IWM, USMV, VWO |