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 | |
|---|---|---|---|---|---|---|
4101
Huazhu Hotels Group
HTHT
$13B
| $916K | ﹤0.01% |
22,724
-43,464
| -66% | -$2.1M |
|
4102
Invesco Water Resources ETF
PHO
$2.09B
| $916K | ﹤0.01% |
17,172
+13,271
| +340% | +$703K |
|
4103
Henry Schein
HSIC
$9.82B
| $915K | ﹤0.01% |
11,221
-5,640
| -33% | -$460K |
|
4104
LGI Homes
LGIH
$1.4B
| $915K | ﹤0.01% |
+8,026
| New | +$871K |
|
4105
Carlyle Secured Lending
CGBD
$758M
| $912K | ﹤0.01% |
66,981
-736,022
| -92% | -$10.8M |
|
4106
Monte Rosa Therapeutics
GLUE
$1.35B
| $912K | ﹤0.01% |
117,094
-276,056
| -70% | -$1.92M |
|
4107
Citi Trends
CTRN
$605M
| $909K | ﹤0.01% |
47,800
-88,020
| -65% | -$2.42M |
|
4108
iShares MSCI Thailand ETF
THD
$372M
| $904K | ﹤0.01% |
12,326
-34,103
| -73% | -$2.57M |
|
4109
Buckle
BKE
$2.37B
| $903K | ﹤0.01% |
25,294
-163,656
| -87% | -$6.71M |
|
|
IAUX
4110
i-80 Gold Corp
IAUX
$1.4B
| $903K | ﹤0.01% |
+368,558
| New | +$917K |
|
4111
Aegon
AEG
$14.1B
| $900K | ﹤0.01% |
209,331
+187,171
| +845% | +$947K |
|
4112
NACCO Industries
NC
$320M
| $900K | ﹤0.01% |
+24,965
| New | +$936K |
|
4113
Neuronetics
STIM
$166M
| $900K | ﹤0.01% |
309,411
+76,227
| +33% | +$384K |
|
4114
Haverty Furniture Companies
HVT
$454M
| $899K | ﹤0.01% |
28,160
-104,798
| -79% | -$3.55M |
|
|
ARC
4115
DELISTED
ARC Document Solutions, Inc.
ARC
| $899K | ﹤0.01% |
283,456
-31,223
| -10% | -$104K |
|
4116
CALL
ZIM Integrated Shipping Services
ZIM
$3.24B
| $898K | ﹤0.01% |
38,100
-900
| -2% | -$18.9K |
|
4117
First Capital
FCAP
$214M
| $896K | ﹤0.01% |
34,922
+3,600
| +11% | +$94.3K |
|
|
RAD
4118
CALL
DELISTED
Rite Aid Corporation
RAD
| $896K | ﹤0.01% |
400,000
-51,300
| -11% | -$170K |
|
|
KNDI
4119
Kandi Technologies Group
KNDI
$65.5M
| $895K | ﹤0.01% |
324,228
-222,279
| -41% | -$563K |
|
4120
Mid Penn Bancorp
MPB
$952M
| $892K | ﹤0.01% |
34,843
-45,723
| -57% | -$1.35M |
|
4121
Schwab US TIPS ETF
SCHP
$16.3B
| $892K | ﹤0.01% |
33,296
+5,972
| +22% | +$157K |
|
|
IMMP
4122
Immutep
IMMP
$56.9M
| $891K | ﹤0.01% |
530,138
-197,414
| -27% | -$363K |
|
4123
Descartes Systems
DSGX
$6.82B
| $888K | ﹤0.01% |
+11,014
| New | +$821K |
|
4124
Smith & Wesson
SWBI
$637M
| $888K | ﹤0.01% |
+72,163
| New | +$772K |
|
4125
BayCom
BCML
$333M
| $886K | ﹤0.01% |
+51,873
| New | +$995K |
|
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.