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 | |
|---|---|---|---|---|---|---|
3501
EnerSys
ENS
$6.94B
| $1.75M | ﹤0.01% |
20,091
-45,591
| -69% | -$3.84M |
|
3502
CALL
Legend Biotech
LEGN
$3.74B
| $1.75M | ﹤0.01% |
+36,200
| New | +$1.77M |
|
3503
Children's Place
PLCE
$57.8M
| $1.75M | ﹤0.01% |
43,391
-325,144
| -88% | -$13.4M |
|
3504
CALL
Willis Towers Watson
WTW
$31.5B
| $1.74M | ﹤0.01% |
7,500
| – | – |
|
3505
Heartland Express
HTLD
$967M
| $1.74M | ﹤0.01% |
109,427
+69,735
| +176% | +$1.13M |
|
|
OSG
3506
Octave Specialty Group
OSG
$256M
| $1.74M | ﹤0.01% |
112,366
-345,720
| -75% | -$5.6M |
|
3507
AZZ Inc
AZZ
$4.63B
| $1.74M | ﹤0.01% |
42,171
-228,669
| -84% | -$9.37M |
|
3508
Epsilon Energy
EPSN
$168M
| $1.74M | ﹤0.01% |
325,371
+177,718
| +120% | +$1.01M |
|
3509
White Mountains Insurance
WTM
$5.31B
| $1.73M | ﹤0.01% |
1,258
-332
| -21% | -$476K |
|
3510
Matsons
MATX
$6.08B
| $1.73M | ﹤0.01% |
29,034
-24,251
| -46% | -$1.56M |
|
3511
Teleflex
TFX
$5.96B
| $1.73M | ﹤0.01% |
6,836
+3,730
| +120% | +$904K |
|
3512
Precision BioSciences
DTIL
$195M
| $1.73M | ﹤0.01% |
76,491
-36,176
| -32% | -$1.19M |
|
|
APMI
3513
DELISTED
AxonPrime Infrastructure Acquisition Corporation Class A Common Stock
APMI
| $1.73M | ﹤0.01% |
171,044
+2,396
| +1% | +$24.1K |
|
3514
Caribou Biosciences
CRBU
$160M
| $1.73M | ﹤0.01% |
325,015
+84,972
| +35% | +$529K |
|
3515
CALL
Shell
SHEL
$245B
| $1.73M | ﹤0.01% |
+30,000
| New | +$1.76M |
|
3516
iShares MSCI ACWI ETF
ACWI
$33.4B
| $1.73M | ﹤0.01% |
+18,926
| New | +$1.69M |
|
3517
James River Group Holdings
JRVR
$217M
| $1.72M | ﹤0.01% |
83,201
+55,013
| +195% | +$1.21M |
|
|
BNNR
3518
DELISTED
Banner Acquisition Corp. Class A Common Stock
BNNR
| $1.72M | ﹤0.01% |
167,600
-95,120
| -36% | -$968K |
|
3519
CALL
Community Health Systems
CYH
$416M
| $1.72M | ﹤0.01% |
350,000
| – | – |
|
3520
PUT
Rio Tinto
RIO
$164B
| $1.72M | ﹤0.01% |
+25,000
| New | +$1.81M |
|
|
ITI
3521
DELISTED
Iteris, Inc.
ITI
| $1.72M | ﹤0.01% |
365,646
+83,304
| +30% | +$349K |
|
3522
Magnolia Oil & Gas
MGY
$5.84B
| $1.71M | ﹤0.01% |
78,299
-42,646
| -35% | -$947K |
|
3523
American Outdoor Brands
AOUT
$159M
| $1.71M | ﹤0.01% |
173,963
+18,252
| +12% | +$183K |
|
3524
Mammoth Energy Services
TUSK
$139M
| $1.71M | ﹤0.01% |
404,967
+61,061
| +18% | +$364K |
|
3525
CALL
BridgeBio Pharma
BBIO
$16.3B
| $1.7M | ﹤0.01% |
+102,800
| New | +$1.2M |
|
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.