This article analyzes the relationship between methodological individualism (MI) and reductionism as understood within the contemporary literature in English. Three points are developed. First, the article argues that two different kinds of reductionist interpretation of MI can be distinguished: one in terms of psychological reductionism and the other in terms of semantic reductionism, the latter of which has a nominalist and an anti-nominalist variant. Second, the article explains that these different reductionist interpretations of MI are mistaken. Third, the article analyzes and criticizes the view that MI must be replaced by a new anti-reductionist approach understood as a middle ground between holism and MI.