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 | |
|---|---|---|---|---|---|---|
3101
Portillo's
PTLO
$335M
| $2.66M | ﹤0.01% |
124,300
-26,235
| -17% | -$551K |
|
3102
CALL
Lufax Holding
LU
$1.32B
| $2.65M | ﹤0.01% |
325,000
-337,500
| -51% | -$3.24M |
|
|
AVDL
3103
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.65M | ﹤0.01% |
288,910
-320,426
| -53% | -$2.63M |
|
3104
CALL
TSMC
TSM
$2.17T
| $2.64M | ﹤0.01% |
28,400
-54,900
| -66% | -$4.93M |
|
|
HSAI
3105
Hesai Group
HSAI
$2.84B
| $2.64M | ﹤0.01% |
+170,656
| New | +$3.07M |
|
3106
Alamo Group
ALG
$2.03B
| $2.64M | ﹤0.01% |
14,325
+10,879
| +316% | +$1.79M |
|
3107
CALL
Equifax
EFX
$20.6B
| $2.64M | ﹤0.01% |
13,000
-1,400
| -10% | -$291K |
|
3108
PUT
National Beverage
FIZZ
$2.99B
| $2.64M | ﹤0.01% |
+50,000
| New | +$2.33M |
|
|
PLAO
3109
DELISTED
Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares
PLAO
| $2.63M | ﹤0.01% |
250,000
-291,794
| -54% | -$3.05M |
|
|
DBD
3110
DELISTED
Diebold Nixdorf Incorporated
DBD
| $2.63M | ﹤0.01% |
2,194,387
-1,765,299
| -45% | -$3.93M |
|
3111
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.9B
| $2.63M | ﹤0.01% |
7,905
-1,690
| -18% | -$562K |
|
|
ATRI
3112
DELISTED
Atrion Corp
ATRI
| $2.63M | ﹤0.01% |
4,185
+679
| +19% | +$433K |
|
3113
Business First Bancshares
BFST
$1.04B
| $2.63M | ﹤0.01% |
153,369
+55,524
| +57% | +$1.1M |
|
3114
Acumen Pharmaceuticals
ABOS
$164M
| $2.62M | ﹤0.01% |
645,883
-19,833
| -3% | -$104K |
|
3115
Cartesian Therapeutics
RNAC
$244M
| $2.62M | ﹤0.01% |
62,862
+7,765
| +14% | +$365K |
|
3116
CALL
Essex Property Trust
ESS
$18.5B
| $2.61M | ﹤0.01% |
+12,500
| New | +$2.76M |
|
3117
CALL
Copart
CPRT
$26.6B
| $2.61M | ﹤0.01% |
69,400
+5,800
| +9% | +$197K |
|
|
OSG
3118
DELISTED
Overseas Shipholding Group Inc.
OSG
| $2.61M | ﹤0.01% |
668,915
+561,769
| +524% | +$2.02M |
|
|
BPMC
3119
DELISTED
Blueprint Medicines
BPMC
| $2.61M | ﹤0.01% |
57,972
-270,321
| -82% | -$12.2M |
|
3120
Myers Industries
MYE
$1.34B
| $2.61M | ﹤0.01% |
121,695
+42,534
| +54% | +$967K |
|
3121
Columbia Sportswear
COLM
$2.96B
| $2.6M | ﹤0.01% |
28,848
-25,950
| -47% | -$2.33M |
|
3122
Bright Horizons
BFAM
$3.96B
| $2.6M | ﹤0.01% |
33,798
-199
| -0.6% | -$15.3K |
|
3123
CALL
ServiceNow
NOW
$120B
| $2.6M | ﹤0.01% |
28,000
-78,500
| -74% | -$6.84M |
|
3124
FormFactor
FORM
$9.11B
| $2.6M | ﹤0.01% |
81,595
-55,434
| -40% | -$1.59M |
|
3125
Navient
NAVI
$855M
| $2.59M | ﹤0.01% |
162,013
-1,047,890
| -87% | -$18.3M |
|
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.