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 | |
|---|---|---|---|---|---|---|
|
ZPTA
2801
DELISTED
Zapata Computing Holdings Inc. Common Stock
ZPTA
| $3.78M | ﹤0.01% |
360,000
-742,993
| -67% | -$7.74M |
|
2802
Adeia
ADEA
$3.44B
| $3.78M | ﹤0.01% |
427,015
+294,299
| +222% | +$2.94M |
|
|
BSAQ
2803
DELISTED
Black Spade Acquisition Co
BSAQ
| $3.78M | ﹤0.01% |
367,700
-533,800
| -59% | -$5.41M |
|
|
BELFB
2804
Bel Fuse Inc Class B
BELFB
$4.28B
| $3.77M | ﹤0.01% |
100,437
-66,606
| -40% | -$2.4M |
|
2805
PUT
Universal Display
OLED
$3.96B
| $3.77M | ﹤0.01% |
24,300
+18,300
| +305% | +$2.46M |
|
2806
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.52B
| $3.77M | ﹤0.01% |
+83,950
| New | +$3.61M |
|
2807
CAE Inc. Common Shares
CAE
$8.62B
| $3.77M | ﹤0.01% |
166,466
-162,113
| -49% | -$3.54M |
|
|
CREC
2808
DELISTED
Crescera Capital Acquisition Corp Class A Ordinary Shares
CREC
| $3.77M | ﹤0.01% |
360,000
-1,006,248
| -74% | -$10.4M |
|
2809
First Hawaiian
FHB
$3.44B
| $3.76M | ﹤0.01% |
182,048
+86,775
| +91% | +$2.19M |
|
2810
Enpro
NPO
$7.07B
| $3.75M | ﹤0.01% |
36,095
+23,273
| +182% | +$2.55M |
|
2811
CALL
CF Industries
CF
$18.1B
| $3.75M | ﹤0.01% |
+51,700
| New | +$4.23M |
|
2812
CPI Card Group
PMTS
$263M
| $3.75M | ﹤0.01% |
83,277
+74,403
| +838% | +$2.76M |
|
2813
Affirm
AFRM
$26.2B
| $3.74M | ﹤0.01% |
331,951
+134,680
| +68% | +$1.7M |
|
2814
CALL
Ferrari
RACE
$70.8B
| $3.74M | ﹤0.01% |
+13,800
| New | +$3.52M |
|
2815
GrafTech
EAF
$200M
| $3.74M | ﹤0.01% |
76,879
-76,723
| -50% | -$4.15M |
|
2816
Commercial Vehicle Group
CVGI
$132M
| $3.73M | ﹤0.01% |
511,662
+353,233
| +223% | +$2.68M |
|
2817
Doximity
DOCS
$3.99B
| $3.73M | ﹤0.01% |
115,254
+100,543
| +683% | +$3.34M |
|
|
ACLX
2818
DELISTED
Arcellx
ACLX
| $3.72M | ﹤0.01% |
120,798
+50,521
| +72% | +$1.53M |
|
2819
Innovative Industrial Properties
IIPR
$1.75B
| $3.72M | ﹤0.01% |
48,933
-58,971
| -55% | -$5.21M |
|
2820
Brady Corp
BRC
$4.6B
| $3.71M | ﹤0.01% |
69,000
+48,418
| +235% | +$2.54M |
|
2821
TETRA Technologies
TTI
$1.28B
| $3.71M | ﹤0.01% |
1,398,792
+1,338,332
| +2,214% | +$4.66M |
|
2822
Liquidia Corp
LQDA
$7.86B
| $3.7M | ﹤0.01% |
+536,083
| New | +$3.66M |
|
2823
Gladstone Capital
GLAD
$437M
| $3.7M | ﹤0.01% |
196,658
+131,838
| +203% | +$2.62M |
|
2824
Alpha Teknova
TKNO
$296M
| $3.7M | ﹤0.01% |
1,249,087
+25,016
| +2% | +$125K |
|
2825
PUT
Kinder Morgan
KMI
$69.9B
| $3.7M | ﹤0.01% |
211,100
-709,100
| -77% | -$12.6M |
|
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.