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 | |
|---|---|---|---|---|---|---|
3401
Ranger Energy Services
RNGR
$371M
| $1.98M | ﹤0.01% |
193,828
+101,645
| +110% | +$1.11M |
|
3402
BWX Technologies
BWXT
$15.4B
| $1.97M | ﹤0.01% |
31,313
-3,566
| -10% | -$215K |
|
3403
CALL
FirstEnergy
FE
$27.7B
| $1.97M | ﹤0.01% |
49,200
| – | – |
|
|
B
3404
DELISTED
Barnes Group Inc.
B
| $1.97M | ﹤0.01% |
+48,921
| New | +$2.06M |
|
3405
CALL
ArcelorMittal
MT
$56.8B
| $1.97M | ﹤0.01% |
+65,400
| New | +$1.95M |
|
3406
PUT
Franklin Resources
BEN
$17.7B
| $1.97M | ﹤0.01% |
+73,000
| New | +$2.13M |
|
3407
Vanguard Total Bond Market
BND
$158B
| $1.96M | ﹤0.01% |
26,556
-68,257
| -72% | -$4.99M |
|
3408
Mizuho Financial
MFG
$130B
| $1.96M | ﹤0.01% |
695,501
-452,351
| -39% | -$1.38M |
|
|
GAP
3409
The Gap Inc
GAP
$7.4B
| $1.95M | ﹤0.01% |
194,578
-2,816,367
| -94% | -$34.3M |
|
3410
iShares MSCI Turkey ETF
TUR
$213M
| $1.95M | ﹤0.01% |
59,844
+53,590
| +857% | +$1.85M |
|
3411
Snap-on
SNA
$21.7B
| $1.95M | ﹤0.01% |
7,898
-5,755
| -42% | -$1.4M |
|
|
KAMN
3412
DELISTED
Kaman Corp
KAMN
| $1.95M | ﹤0.01% |
85,263
+39,742
| +87% | +$946K |
|
3413
Accel Entertainment
ACEL
$1.01B
| $1.95M | ﹤0.01% |
213,562
+164,692
| +337% | +$1.48M |
|
3414
CarMax
KMX
$8.04B
| $1.95M | ﹤0.01% |
30,258
+7,493
| +33% | +$501K |
|
3415
PUT
State Street SPDR S&P Bank ETF
KBE
$1.68B
| $1.94M | ﹤0.01% |
52,400
-40,100
| -43% | -$1.8M |
|
3416
CALL
NIO
NIO
$11.7B
| $1.94M | ﹤0.01% |
184,800
+33,600
| +22% | +$344K |
|
3417
PUT
Blackrock
BLK
$176B
| $1.94M | ﹤0.01% |
2,900
-7,000
| -71% | -$4.93M |
|
|
EXK
3418
CALL
Endeavour Silver
EXK
$2.65B
| $1.94M | ﹤0.01% |
+500,000
| New | +$1.66M |
|
3419
Stanley Black & Decker
SWK
$15.6B
| $1.94M | ﹤0.01% |
24,081
-393,976
| -94% | -$33.2M |
|
3420
Larimar Therapeutics
LRMR
$426M
| $1.94M | ﹤0.01% |
427,608
+221,030
| +107% | +$1.15M |
|
|
WOW
3421
DELISTED
WideOpenWest
WOW
| $1.93M | ﹤0.01% |
181,752
+137,098
| +307% | +$1.48M |
|
|
ALEX
3422
DELISTED
Alexander & Baldwin
ALEX
| $1.93M | ﹤0.01% |
102,111
+32,553
| +47% | +$617K |
|
3423
Ennis
EBF
$562M
| $1.93M | ﹤0.01% |
91,370
-11,016
| -11% | -$235K |
|
3424
Sumitomo Mitsui Financial
SMFG
$161B
| $1.93M | ﹤0.01% |
336,612
+321,864
| +2,182% | +$2.72M |
|
3425
PUT
Viatris
VTRS
$20.6B
| $1.93M | ﹤0.01% |
200,300
-240,600
| -55% | -$2.67M |
|
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 1,209 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 987 new positions and closed 1,209 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.