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 | |
|---|---|---|---|---|---|---|
3476
Caledonia Mining Corp
CMCL
$397M
| $1.81M | ﹤0.01% |
119,303
+85,716
| +255% | +$1.2M |
|
3477
National Bankshares
NKSH
$263M
| $1.81M | ﹤0.01% |
57,551
+19,343
| +51% | +$766K |
|
3478
CALL
Supernus Pharmaceuticals
SUPN
$2.79B
| $1.81M | ﹤0.01% |
+50,000
| New | +$1.92M |
|
3479
PUT
ZIM Integrated Shipping Services
ZIM
$3.25B
| $1.81M | ﹤0.01% |
76,800
+36,900
| +92% | +$775K |
|
3480
iRadimed
IRMD
$1.18B
| $1.8M | ﹤0.01% |
45,834
-13,510
| -23% | -$491K |
|
|
PLL
3481
DELISTED
Piedmont Lithium
PLL
| $1.8M | ﹤0.01% |
29,976
-121,344
| -80% | -$7.36M |
|
3482
EyePoint Inc
EYPT
$1.02B
| $1.8M | ﹤0.01% |
611,178
-64,255
| -10% | -$229K |
|
3483
iShares Core MSCI Total International Stock ETF
IXUS
$59.6B
| $1.79M | ﹤0.01% |
28,869
+9,944
| +53% | +$609K |
|
|
NATI
3484
PUT
DELISTED
National Instruments Corp
NATI
| $1.79M | ﹤0.01% |
+34,100
| New | +$1.71M |
|
3485
NuScale Power
SMR
$3.38B
| $1.78M | ﹤0.01% |
+195,922
| New | +$1.97M |
|
|
TELL
3486
DELISTED
Tellurian Inc.
TELL
| $1.78M | ﹤0.01% |
1,446,780
-3,805,070
| -72% | -$6.06M |
|
3487
Standard BioTools
LAB
$305M
| $1.78M | ﹤0.01% |
912,111
+122,644
| +16% | +$242K |
|
3488
GoPro
GPRO
$124M
| $1.78M | ﹤0.01% |
353,060
+120,544
| +52% | +$651K |
|
3489
Itron
ITRI
$4.61B
| $1.77M | ﹤0.01% |
+31,997
| New | +$1.77M |
|
|
MREO
3490
Mereo BioPharma
MREO
$48.6M
| $1.77M | ﹤0.01% |
2,505,630
+1,194,281
| +91% | +$1.07M |
|
3491
Fulcrum Therapeutics
FULC
$286M
| $1.77M | ﹤0.01% |
+620,559
| New | +$5.56M |
|
|
SPR
3492
PUT
DELISTED
Spirit AeroSystems
SPR
| $1.77M | ﹤0.01% |
51,200
-31,400
| -38% | -$1.05M |
|
3493
PUT
Alcon
ALC
$34.1B
| $1.76M | ﹤0.01% |
+25,000
| New | +$1.78M |
|
3494
PC Connection
CNXN
$2.18B
| $1.76M | ﹤0.01% |
39,221
+13,960
| +55% | +$637K |
|
3495
National Health Investors
NHI
$3.64B
| $1.76M | ﹤0.01% |
34,176
-284,752
| -89% | -$15.5M |
|
3496
Equity Bancshares
EQBK
$1.07B
| $1.76M | ﹤0.01% |
72,257
+15,061
| +26% | +$444K |
|
3497
AMES National
ATLO
$279M
| $1.76M | ﹤0.01% |
84,480
+26,792
| +46% | +$626K |
|
3498
Oportun Financial
OPRT
$325M
| $1.76M | ﹤0.01% |
455,087
-6,435
| -1% | -$36.2K |
|
3499
Royal Bank of Canada
RY
$295B
| $1.75M | ﹤0.01% |
18,346
-375,647
| -95% | -$37.2M |
|
3500
Immatics
IMTX
$1.33B
| $1.75M | ﹤0.01% |
253,779
+98,373
| +63% | +$805K |
|
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.