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 | |
|---|---|---|---|---|---|---|
|
OPTN
4351
DELISTED
OptiNose
OPTN
| $665K | ﹤0.01% |
22,979
+22,141
| +2,642% | +$589K |
|
4352
Zevia
ZVIA
$111M
| $665K | ﹤0.01% |
172,616
+145,230
| +530% | +$586K |
|
|
AUTL
4353
Autolus Therapeutics
AUTL
$559M
| $663K | ﹤0.01% |
360,145
+234,495
| +187% | +$458K |
|
4354
CALL
Weyerhaeuser
WY
$18.5B
| $663K | ﹤0.01% |
22,000
-484,700
| -96% | -$15.3M |
|
4355
Gran Tierra Energy
GTE
$316M
| $660K | ﹤0.01% |
74,620
-100,445
| -57% | -$868K |
|
4356
PUT
Omnicom Group
OMC
$23.4B
| $660K | ﹤0.01% |
7,000
-2,200
| -24% | -$195K |
|
4357
NCR Voyix
VYX
$1.13B
| $659K | ﹤0.01% |
+45,505
| New | +$699K |
|
|
MORF
4358
PUT
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $659K | ﹤0.01% |
+17,500
| New | +$645K |
|
4359
Kinder Morgan
KMI
$68.8B
| $658K | ﹤0.01% |
37,551
-3,312,412
| -99% | -$58.9M |
|
|
OPT
4360
DELISTED
Opthea Limited American Depositary Shares
OPT
| $656K | ﹤0.01% |
165,706
| – | – |
|
4361
American Express Global Business Travel
GBTG
$4.93B
| $654K | ﹤0.01% |
98,580
+52,717
| +115% | +$361K |
|
4362
International Money Express
IMXI
$366M
| $653K | ﹤0.01% |
25,342
-30,310
| -54% | -$735K |
|
4363
CALL
Warner Bros
WBD
$67.2B
| $651K | ﹤0.01% |
43,100
-244,900
| -85% | -$3.49M |
|
4364
ZipRecruiter
ZIP
$428M
| $651K | ﹤0.01% |
40,811
-327,405
| -89% | -$5.91M |
|
4365
Curtiss-Wright
CW
$25.6B
| $650K | ﹤0.01% |
3,687
-11,246
| -75% | -$1.9M |
|
4366
First Trust Energy AlphaDEX Fund
FXN
$367M
| $650K | ﹤0.01% |
+41,905
| New | +$687K |
|
4367
iShares MSCI Italy ETF
EWI
$1.07B
| $649K | ﹤0.01% |
21,332
-1,288
| -6% | -$38.3K |
|
4368
Century Communities
CCS
$2.05B
| $648K | ﹤0.01% |
+10,130
| New | +$604K |
|
4369
First Community Bankshares
FCBC
$911M
| $645K | ﹤0.01% |
+25,765
| New | +$793K |
|
4370
PUT
Restaurant Brands International
QSR
$25.8B
| $645K | ﹤0.01% |
+9,600
| New | +$626K |
|
|
TEF
4371
DELISTED
Telefonica
TEF
| $645K | ﹤0.01% |
150,779
+63,182
| +72% | +$250K |
|
4372
CALL
Outset Medical
OM
$89.7M
| $644K | ﹤0.01% |
+2,333
| New | +$856K |
|
|
FL
4373
CALL
DELISTED
Foot Locker
FL
| $643K | ﹤0.01% |
16,200
-78,900
| -83% | -$3.3M |
|
4374
Aemetis
AMTX
$120M
| $639K | ﹤0.01% |
275,237
-731,971
| -73% | -$2.73M |
|
4375
PUT
Insulet
PODD
$9.81B
| $638K | ﹤0.01% |
+2,000
| New | +$593K |
|
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.