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 | |
|---|---|---|---|---|---|---|
3451
SmartRent
SMRT
$251M
| $1.86M | ﹤0.01% |
+730,347
| New | +$1.96M |
|
3452
PUT
Extra Space Storage
EXR
$31.7B
| $1.86M | ﹤0.01% |
+11,400
| New | +$1.79M |
|
3453
Burford Capital
BUR
$935M
| $1.85M | ﹤0.01% |
167,714
+144,864
| +634% | +$1.2M |
|
3454
CALL
Ralph Lauren
RL
$22.7B
| $1.85M | ﹤0.01% |
15,900
-2,000
| -11% | -$236K |
|
3455
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $1.85M | ﹤0.01% |
+75,910
| New | +$1.84M |
|
3456
Banco Macro
BMA
$5.73B
| $1.85M | ﹤0.01% |
+103,946
| New | +$2.06M |
|
|
INTE
3457
DELISTED
Integral Acquisition Corporation 1 Class A Common Stock
INTE
| $1.85M | ﹤0.01% |
180,000
-13,357
| -7% | -$136K |
|
3458
PUT
Estee Lauder
EL
$31.5B
| $1.85M | ﹤0.01% |
7,500
+2,100
| +39% | +$534K |
|
3459
C&F Financial
CFFI
$283M
| $1.85M | ﹤0.01% |
35,726
+9,211
| +35% | +$532K |
|
3460
Corvus Pharmaceuticals
CRVS
$1.17B
| $1.85M | ﹤0.01% |
2,029,423
+129,907
| +7% | +$101K |
|
|
GATO
3461
DELISTED
Gatos Silver, Inc.
GATO
| $1.85M | ﹤0.01% |
282,720
+54,348
| +24% | +$261K |
|
|
UHG
3462
DELISTED
United Homes Group
UHG
| $1.84M | ﹤0.01% |
103,500
-2,819,499
| -96% | -$30.3M |
|
|
ELP
3463
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $1.84M | ﹤0.01% |
343,056
+91,128
| +36% | +$497K |
|
3464
Kura Sushi USA
KRUS
$598M
| $1.84M | ﹤0.01% |
27,997
-33,533
| -54% | -$2.02M |
|
|
BAND
3465
Bandwidth Inc
BAND
$1.47B
| $1.84M | ﹤0.01% |
121,171
-608,551
| -83% | -$12.2M |
|
3466
XPEL
XPEL
$1.39B
| $1.84M | ﹤0.01% |
27,111
+17,160
| +172% | +$1.21M |
|
3467
Chunghwa Telecom
CHT
$32.6B
| $1.84M | ﹤0.01% |
46,997
-111,479
| -70% | -$4.24M |
|
3468
Hercules Capital
HTGC
$3.12B
| $1.83M | ﹤0.01% |
142,337
-985,560
| -87% | -$13.8M |
|
3469
Hess Midstream
HESM
$5.15B
| $1.83M | ﹤0.01% |
63,366
-154,127
| -71% | -$4.49M |
|
3470
Invivyd
IVVD
$178M
| $1.83M | ﹤0.01% |
1,526,159
+315,060
| +26% | +$575K |
|
|
ELME
3471
Elme Communities
ELME
$146M
| $1.83M | ﹤0.01% |
102,363
+59,458
| +139% | +$1.09M |
|
3472
China Automotive Systems
CAAS
$131M
| $1.83M | ﹤0.01% |
349,421
+45,033
| +15% | +$316K |
|
|
EFC
3473
Ellington Financial
EFC
$1.66B
| $1.83M | ﹤0.01% |
149,611
+128,965
| +625% | +$1.66M |
|
3474
CALL
Arthur J. Gallagher & Co
AJG
$64.3B
| $1.82M | ﹤0.01% |
9,500
-26,100
| -73% | -$4.95M |
|
3475
Western New England Bancorp
WNEB
$281M
| $1.82M | ﹤0.01% |
221,173
+86,629
| +64% | +$821K |
|
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.