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 | |
|---|---|---|---|---|---|---|
|
GAN
4326
DELISTED
GAN Ltd
GAN
| $690K | ﹤0.01% |
534,516
+117,680
| +28% | +$214K |
|
4327
Saga Communications
SGA
$64.2M
| $690K | ﹤0.01% |
31,026
+9,787
| +46% | +$234K |
|
|
NSLR
4328
Neostellar Capital Corp
NSLR
$257M
| $690K | ﹤0.01% |
+190,529
| New | +$733K |
|
4329
Alerus Financial
ALRS
$833M
| $689K | ﹤0.01% |
+42,913
| New | +$850K |
|
4330
Angi Inc
ANGI
$199M
| $687K | ﹤0.01% |
30,253
-115,773
| -79% | -$2.97M |
|
4331
Mesa Laboratories
MLAB
$576M
| $687K | ﹤0.01% |
3,932
+241
| +7% | +$43.2K |
|
4332
Erie Indemnity
ERIE
$13.3B
| $686K | ﹤0.01% |
2,962
-13,064
| -82% | -$3.12M |
|
4333
PUT
Global X Lithium & Battery Tech ETF
LIT
$1.6B
| $686K | ﹤0.01% |
+10,800
| New | +$697K |
|
4334
NWPX Infrastructure Inc
NWPX
$1.16B
| $685K | ﹤0.01% |
21,946
-86,295
| -80% | -$3.11M |
|
4335
Pinnacle West Capital
PNW
$12.3B
| $682K | ﹤0.01% |
8,603
-72,673
| -89% | -$5.48M |
|
4336
WPP
WPP
$5.97B
| $680K | ﹤0.01% |
11,424
-15,161
| -57% | -$888K |
|
4337
PUT
Hewlett Packard
HPE
$69.7B
| $679K | ﹤0.01% |
42,600
| – | – |
|
4338
Core Molding Technologies
CMT
$234M
| $677K | ﹤0.01% |
37,652
+24,609
| +189% | +$385K |
|
4339
Green Dot
GDOT
$743M
| $676K | ﹤0.01% |
39,369
-127,454
| -76% | -$2.23M |
|
|
BFZ
4340
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $675K | ﹤0.01% |
57,670
+19,518
| +51% | +$220K |
|
4341
PUT
United Natural Foods
UNFI
$2.87B
| $675K | ﹤0.01% |
+25,600
| New | +$933K |
|
4342
Anavex Life Sciences
AVXL
$311M
| $674K | ﹤0.01% |
78,648
-754,876
| -91% | -$7.53M |
|
4343
Pure Cycle
PCYO
$261M
| $673K | ﹤0.01% |
71,175
-234,480
| -77% | -$2.16M |
|
4344
Deluxe
DLX
$1.16B
| $671K | ﹤0.01% |
+41,954
| New | +$765K |
|
4345
Cytosorbents Corp
CTSO
$23.2M
| $669K | ﹤0.01% |
198,547
-22,952
| -10% | -$68.9K |
|
4346
ANI Pharmaceuticals
ANIP
$1.76B
| $668K | ﹤0.01% |
16,807
-9,827
| -37% | -$414K |
|
4347
PUT
Elanco Animal Health
ELAN
$11.1B
| $668K | ﹤0.01% |
71,100
-7,800
| -10% | -$92K |
|
|
MCHB
4348
Mechanics Bancorp
MCHB
$3.7B
| $667K | ﹤0.01% |
37,070
-123,234
| -77% | -$3.09M |
|
4349
CALL
Ginkgo Bioworks
DNA
$511M
| $665K | ﹤0.01% |
12,500
| – | – |
|
4350
PUT
Fortinet
FTNT
$117B
| $665K | ﹤0.01% |
10,000
-6,400
| -39% | -$364K |
|
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.