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 | |
|---|---|---|---|---|---|---|
|
BRDG
4376
DELISTED
Bridge Investment Group
BRDG
| $637K | ﹤0.01% |
56,181
-114,498
| -67% | -$1.55M |
|
4377
CALL
Zillow
Z
$7.5B
| $636K | ﹤0.01% |
14,300
-335,700
| -96% | -$14.3M |
|
|
KALV
4378
DELISTED
KalVista Pharmaceuticals
KALV
| $634K | ﹤0.01% |
80,703
-395,548
| -83% | -$2.95M |
|
4379
PrimeEnergy Resources
PNRG
$300M
| $634K | ﹤0.01% |
7,538
+2,670
| +55% | +$237K |
|
4380
Southern Copper
SCCO
$166B
| $632K | ﹤0.01% |
+8,943
| New | +$608K |
|
4381
Townsquare Media
TSQ
$120M
| $631K | ﹤0.01% |
78,876
-3,355
| -4% | -$25.5K |
|
4382
CALL
Compañía de Minas Buenaventura
BVN
$8.6B
| $630K | ﹤0.01% |
+77,000
| New | +$614K |
|
|
4383
PUT
Compañía de Minas Buenaventura
BVN
$8.6B
| $630K | ﹤0.01% |
+77,000
| New | +$614K |
|
|
AGIL
4384
DELISTED
AgileThought Inc
AGIL
| $629K | ﹤0.01% |
+199,712
| New | +$816K |
|
|
KWY
4385
Kingsway Corp
KWY
$287M
| $627K | ﹤0.01% |
71,124
+58,259
| +453% | +$512K |
|
4386
Ardagh Metal Packaging
AMBP
$2.98B
| $626K | ﹤0.01% |
153,529
-450,217
| -75% | -$2.21M |
|
4387
Ichor Holdings
ICHR
$2.46B
| $626K | ﹤0.01% |
19,131
-167,121
| -90% | -$5.36M |
|
4388
Red River Bancshares
RRBI
$658M
| $623K | ﹤0.01% |
12,955
+2,296
| +22% | +$114K |
|
4389
Valaris
VAL
$5.55B
| $623K | ﹤0.01% |
9,573
+4,256
| +80% | +$297K |
|
|
AEAE
4390
DELISTED
AltEnergy Acquisition Corp
AEAE
| $623K | ﹤0.01% |
60,000
-382,714
| -86% | -$3.94M |
|
4391
Absci
ABSI
$1.48B
| $622K | ﹤0.01% |
355,202
-154,383
| -30% | -$374K |
|
4392
REX American Resources
REX
$1.43B
| $621K | ﹤0.01% |
43,434
+18,128
| +72% | +$287K |
|
|
VGR
4393
PUT
DELISTED
Vector Group Ltd.
VGR
| $621K | ﹤0.01% |
+51,700
| New | +$652K |
|
4394
Cars.com
CARS
$705M
| $618K | ﹤0.01% |
32,039
+17,730
| +124% | +$302K |
|
|
WW
4395
CALL
DELISTED
WW International
WW
| $618K | ﹤0.01% |
150,000
-950,000
| -86% | -$4.15M |
|
|
ARCE
4396
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $618K | ﹤0.01% |
56,342
+26,083
| +86% | +$336K |
|
|
CBIO
4397
Crescent Biopharma
CBIO
$614M
| $617K | ﹤0.01% |
4,898
-4,331
| -47% | -$975K |
|
4398
Home Bancorp
HBCP
$568M
| $617K | ﹤0.01% |
+18,692
| New | +$706K |
|
4399
Orthofix Medical
OFIX
$422M
| $617K | ﹤0.01% |
36,824
-252,144
| -87% | -$4.93M |
|
4400
CALL
Snowflake
SNOW
$114B
| $617K | ﹤0.01% |
4,000
+1,700
| +74% | +$249K |
|
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.