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 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.37% |
| 2 | Healthcare | 7.97% |
| 3 | Financials | 6.13% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
OptimizeRx
OPRX
$123M
| $4.83M | ﹤0.01% |
330,363
+275,530
| +502% | +$4.61M |
|
2577
Dropbox
DBX
$7.71B
| $4.83M | ﹤0.01% |
223,240
-751,024
| -77% | -$16.5M |
|
2578
CALL
Smith & Nephew
SNN
$13.5B
| $4.83M | ﹤0.01% |
172,900
+142,900
| +476% | +$4.06M |
|
2579
CALL
Strategy Inc
MSTR
$34.7B
| $4.82M | ﹤0.01% |
+165,000
| New | +$4.03M |
|
2580
Oil States International
OIS
$497M
| $4.82M | ﹤0.01% |
578,928
-842,893
| -59% | -$7.15M |
|
2581
Horace Mann Educators
HMN
$2.09B
| $4.81M | ﹤0.01% |
143,601
+31,662
| +28% | +$1.13M |
|
|
REVG
2582
DELISTED
REV Group
REVG
| $4.81M | ﹤0.01% |
400,877
-119,059
| -23% | -$1.48M |
|
|
HMA
2583
DELISTED
Heartland Media Acquisition Corp.
HMA
| $4.8M | ﹤0.01% |
461,200
-5,875
| -1% | -$60.7K |
|
2584
Futu Holdings
FUTU
$15B
| $4.77M | ﹤0.01% |
92,075
-245,264
| -73% | -$11.9M |
|
|
JBGS
2585
JBG SMITH
JBGS
$829M
| $4.77M | ﹤0.01% |
316,774
+274,093
| +642% | +$4.86M |
|
2586
CALL
HP
HPQ
$24.8B
| $4.77M | ﹤0.01% |
+162,400
| New | +$4.66M |
|
2587
CALL
Cincinnati Financial
CINF
$27.3B
| $4.76M | ﹤0.01% |
42,500
-99,600
| -70% | -$11.3M |
|
2588
WisdomTree Floating Rate Treasury Fund
USFR
$18.4B
| $4.76M | ﹤0.01% |
94,690
-18,476
| -16% | -$930K |
|
2589
AudioCodes
AUDC
$249M
| $4.76M | ﹤0.01% |
315,607
-131,922
| -29% | -$2.25M |
|
2590
Stagwell
STGW
$2.13B
| $4.76M | ﹤0.01% |
641,096
+608,478
| +1,865% | +$4.25M |
|
2591
CALL
Pultegroup
PHM
$24.6B
| $4.74M | ﹤0.01% |
81,400
+56,400
| +226% | +$3.05M |
|
2592
SES AI
SES
$218M
| $4.74M | ﹤0.01% |
1,607,361
+1,578,998
| +5,567% | +$4.98M |
|
2593
Gevo
GEVO
$355M
| $4.74M | ﹤0.01% |
3,078,552
-326,569
| -10% | -$618K |
|
2594
Cabaletta Bio
CABA
$439M
| $4.73M | ﹤0.01% |
572,119
+220,994
| +63% | +$2.07M |
|
|
RENE
2595
DELISTED
Cartesian Growth Corp II
RENE
| $4.72M | ﹤0.01% |
450,000
| – | – |
|
2596
CALL
Albertsons Companies
ACI
$5.58B
| $4.71M | ﹤0.01% |
+226,800
| New | +$4.69M |
|
2597
LSI Industries
LYTS
$886M
| $4.71M | ﹤0.01% |
338,101
+229,675
| +212% | +$3.18M |
|
2598
NVE Corp
NVEC
$595M
| $4.71M | ﹤0.01% |
56,714
+12,336
| +28% | +$921K |
|
2599
PUT
International Paper
IP
$21.9B
| $4.7M | ﹤0.01% |
130,200
+59,000
| +83% | +$2.19M |
|
|
K
2600
CALL
DELISTED
Kellanova
K
| $4.69M | ﹤0.01% |
74,657
-107,991
| -59% | -$6.82M |
|
Similar funds
Millennium Management's Q1 2023 Portfolio in Review
As of Q1 2023, Millennium Management held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Millennium Management withdrew a net $18.1B in Q1 2023, closing 1,210 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in Warner Bros worth $96.9M.
- Millennium Management's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Millennium Management added most to Linde in Q1 2023, an estimated $374M increase.
- Millennium Management's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Millennium Management fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Millennium Management's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Millennium Management opened 988 new positions and closed 1,210 in Q1 2023.
- Millennium Management's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.