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 | |
|---|---|---|---|---|---|---|
|
ALE
3701
DELISTED
Allete
ALE
| $1.4M | ﹤0.01% |
21,710
-36,212
| -63% | -$2.26M |
|
3702
Stoke Therapeutics
STOK
$2.07B
| $1.4M | ﹤0.01% |
167,529
-251,650
| -60% | -$2.27M |
|
|
TBNK
3703
DELISTED
Territorial Bancorp Inc.
TBNK
| $1.4M | ﹤0.01% |
72,298
+50,618
| +233% | +$1.16M |
|
3704
PUT
Peabody Energy
BTU
$2.89B
| $1.4M | ﹤0.01% |
+54,500
| New | +$1.45M |
|
3705
Grand Canyon Education
LOPE
$3.96B
| $1.4M | ﹤0.01% |
12,244
+9,242
| +308% | +$1.04M |
|
3706
Trinity Capital Inc.
TRIN
$1.71B
| $1.4M | ﹤0.01% |
109,576
-251,028
| -70% | -$3.29M |
|
3707
Bluerock Homes Trust
BHM
$34.9M
| $1.39M | ﹤0.01% |
70,332
-25,795
| -27% | -$529K |
|
3708
CALL
Bausch + Lomb
BLCO
$5.92B
| $1.39M | ﹤0.01% |
+80,000
| New | +$1.36M |
|
3709
CALL
GDEV Inc Warrant
GDEVW
$56.7K
| $1.39M | ﹤0.01% |
+3,765,320
| New | +$925K |
|
|
REFI
3710
Chicago Atlantic Real Estate Finance
REFI
$256M
| $1.39M | ﹤0.01% |
+102,856
| New | +$1.5M |
|
|
BYNO
3711
DELISTED
byNordic Acquisition Corporation Class A Common Stock
BYNO
| $1.39M | ﹤0.01% |
134,145
-4,898
| -4% | -$50.4K |
|
|
OLP
3712
One Liberty Properties
OLP
$528M
| $1.39M | ﹤0.01% |
60,568
+11,622
| +24% | +$268K |
|
3713
PUT
British American Tobacco
BTI
$128B
| $1.39M | ﹤0.01% |
+39,500
| New | +$1.49M |
|
3714
OSI Systems
OSIS
$3.9B
| $1.39M | ﹤0.01% |
13,553
-68,173
| -83% | -$6.31M |
|
|
VRAY
3715
CALL
DELISTED
ViewRay, Inc.
VRAY
| $1.38M | ﹤0.01% |
+400,000
| New | +$1.69M |
|
3716
CALL
Crown Castle
CCI
$32.2B
| $1.38M | ﹤0.01% |
10,300
-4,800
| -32% | -$664K |
|
|
LAND
3717
Gladstone Land Corp
LAND
$362M
| $1.38M | ﹤0.01% |
82,836
+45,350
| +121% | +$819K |
|
|
BCOV
3718
DELISTED
Brightcove, Inc.
BCOV
| $1.38M | ﹤0.01% |
309,874
+81,826
| +36% | +$457K |
|
3719
PUT
Citizens Financial Group
CFG
$30.6B
| $1.37M | ﹤0.01% |
45,200
-243,300
| -84% | -$9.53M |
|
3720
Clearwater Paper
CLW
$377M
| $1.37M | ﹤0.01% |
41,075
-185,737
| -82% | -$6.71M |
|
3721
CALL
Altimmune
ALT
$595M
| $1.37M | ﹤0.01% |
+325,000
| New | +$3.86M |
|
3722
News Corp Class B
NWS
$17.6B
| $1.37M | ﹤0.01% |
78,725
+46,789
| +147% | +$864K |
|
|
ETNB
3723
PUT
DELISTED
89bio
ETNB
| $1.37M | ﹤0.01% |
+90,000
| New | +$1.17M |
|
|
LL
3724
DELISTED
LL Flooring Holdings, Inc.
LL
| $1.37M | ﹤0.01% |
360,501
-292,489
| -45% | -$1.49M |
|
3725
Perella Weinberg Partners
PWP
$1.29B
| $1.37M | ﹤0.01% |
150,493
-26,826
| -15% | -$268K |
|
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.