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 | |
|---|---|---|---|---|---|---|
2901
eHealth
EHTH
$45.1M
| $3.36M | ﹤0.01% |
359,306
-1,124,243
| -76% | -$8.84M |
|
2902
CALL
Ventas
VTR
$46.6B
| $3.36M | ﹤0.01% |
77,500
+14,500
| +23% | +$699K |
|
2903
Genie Energy
GNE
$368M
| $3.35M | ﹤0.01% |
242,512
+129,642
| +115% | +$1.48M |
|
2904
Intercorp Financial Services
IFS
$6.55B
| $3.35M | ﹤0.01% |
146,893
-17,829
| -11% | -$419K |
|
2905
First Busey Corp
BUSE
$2.63B
| $3.35M | ﹤0.01% |
164,527
-349,312
| -68% | -$8.15M |
|
2906
Masco
MAS
$15.2B
| $3.34M | ﹤0.01% |
67,196
-126,604
| -65% | -$6.53M |
|
2907
CALL
M&T Bank
MTB
$36.7B
| $3.34M | ﹤0.01% |
27,900
+3,500
| +14% | +$508K |
|
2908
CALL
Zoetis
ZTS
$31.9B
| $3.33M | ﹤0.01% |
20,000
+11,600
| +138% | +$1.9M |
|
|
WCN
2909
Waste Connections
WCN
$41.7B
| $3.33M | ﹤0.01% |
23,921
-17,579
| -42% | -$2.34M |
|
|
TA
2910
DELISTED
TravelCenters of America LLC
TA
| $3.33M | ﹤0.01% |
38,465
-195,188
| -84% | -$12.8M |
|
|
EOSEW
2911
CALL
DELISTED
Eos Energy Enterprises Warrant
EOSEW
| $3.32M | ﹤0.01% |
4,614,340
-14,499
| -0.3% | -$5.69K |
|
2912
Veracyte
VCYT
$3.73B
| $3.32M | ﹤0.01% |
148,713
+43,253
| +41% | +$1.05M |
|
2913
PUT
Molson Coors Class B
TAP
$7.93B
| $3.31M | ﹤0.01% |
64,100
+45,300
| +241% | +$2.35M |
|
2914
Nutanix
NTNX
$16.6B
| $3.31M | ﹤0.01% |
127,334
+28,157
| +28% | +$762K |
|
2915
CALL
Zoom
ZM
$29.9B
| $3.31M | ﹤0.01% |
+44,800
| New | +$3.23M |
|
|
PENG
2916
Penguin Solutions Inc
PENG
$2.96B
| $3.31M | ﹤0.01% |
191,683
+130,138
| +211% | +$2.17M |
|
2917
MGP Ingredients
MGPI
$366M
| $3.3M | ﹤0.01% |
34,127
+22,189
| +186% | +$2.17M |
|
2918
Commault Systems
CVLT
$5.47B
| $3.29M | ﹤0.01% |
58,069
+41,782
| +257% | +$2.49M |
|
2919
CALL
Ovintiv
OVV
$16.8B
| $3.29M | ﹤0.01% |
+91,300
| New | +$4.03M |
|
2920
Alignment Healthcare
ALHC
$2.8B
| $3.29M | ﹤0.01% |
517,200
+386,411
| +295% | +$3.68M |
|
2921
CALL
Manchester United
MANU
$3.88B
| $3.29M | ﹤0.01% |
+148,400
| New | +$3.37M |
|
2922
UroGen Pharma
URGN
$1.94B
| $3.28M | ﹤0.01% |
354,776
+77,528
| +28% | +$713K |
|
|
GHL
2923
DELISTED
Greenhill & Co., Inc.
GHL
| $3.28M | ﹤0.01% |
369,293
+190,757
| +107% | +$2.17M |
|
2924
Marten Transport
MRTN
$1.22B
| $3.27M | ﹤0.01% |
156,321
-91,905
| -37% | -$1.95M |
|
|
FSP
2925
Franklin Street Properties
FSP
$48.4M
| $3.27M | ﹤0.01% |
2,081,258
+1,777,299
| +585% | +$4.46M |
|
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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.