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 | |
|---|---|---|---|---|---|---|
|
AGFS
4401
DELISTED
AgroFresh Solutions Inc
AGFS
| $616K | ﹤0.01% |
205,433
+34,900
| +20% | +$104K |
|
4402
Walker & Dunlop
WD
$1.54B
| $613K | ﹤0.01% |
8,048
-98,912
| -92% | -$8.58M |
|
4403
CALL
Lincoln National
LNC
$8.87B
| $609K | ﹤0.01% |
+27,100
| New | +$806K |
|
4404
Yeti Holdings
YETI
$3.96B
| $608K | ﹤0.01% |
15,206
-810,504
| -98% | -$33.5M |
|
4405
CALL
Campbell Soup
CPB
$6.9B
| $605K | ﹤0.01% |
11,000
-101,800
| -90% | -$5.4M |
|
4406
CALL
Caesars Entertainment
CZR
$6.14B
| $605K | ﹤0.01% |
+12,400
| New | +$608K |
|
4407
CALL
Global X Lithium & Battery Tech ETF
LIT
$1.59B
| $604K | ﹤0.01% |
+9,500
| New | +$613K |
|
4408
Nano X Imaging
NNOX
$72.4M
| $604K | ﹤0.01% |
104,755
+74,799
| +250% | +$572K |
|
|
MMAT
4409
DELISTED
Meta Materials Inc. Common Stock
MMAT
| $604K | ﹤0.01% |
14,819
+6,120
| +70% | +$475K |
|
4410
Enlight Renewable Energy
ENLT
$11.9B
| $603K | ﹤0.01% |
+35,620
| New | +$601K |
|
|
LNW
4411
DELISTED
Light & Wonder
LNW
| $603K | ﹤0.01% |
10,048
+5,819
| +138% | +$359K |
|
|
MRSH
4412
PUT
Marsh
MRSH
$91.2B
| $600K | ﹤0.01% |
3,600
+700
| +24% | +$117K |
|
4413
Open Text
OTEX
$5.93B
| $600K | ﹤0.01% |
15,562
-418,558
| -96% | -$14.5M |
|
4414
Vanguard Morningstar Growth ETF
VUG
$231B
| $599K | ﹤0.01% |
+14,400
| New | +$560K |
|
|
SUMO
4415
PUT
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $599K | ﹤0.01% |
+50,000
| New | +$548K |
|
4416
Alta Equipment Group
ALTG
$249M
| $598K | ﹤0.01% |
37,740
-174,193
| -82% | -$2.92M |
|
4417
PUT
Cognizant
CTSH
$26B
| $597K | ﹤0.01% |
9,800
+3,700
| +61% | +$232K |
|
4418
PUT
Newell Brands
NWL
$2.54B
| $597K | ﹤0.01% |
48,000
+25,000
| +109% | +$353K |
|
4419
Brookfield Renewable
BEPC
$6.22B
| $596K | ﹤0.01% |
17,066
-333,473
| -95% | -$10.1M |
|
4420
ICF International
ICFI
$1.72B
| $596K | ﹤0.01% |
+5,430
| New | +$565K |
|
4421
Liberty Latin America Class A
LILA
$1.67B
| $594K | ﹤0.01% |
105,260
-1,663
| -2% | -$9.89K |
|
4422
Progress Software
PRGS
$1.76B
| $594K | ﹤0.01% |
10,336
-13,177
| -56% | -$734K |
|
4423
Unity Bancorp
UNTY
$595M
| $593K | ﹤0.01% |
25,988
+6,705
| +35% | +$172K |
|
4424
Carter Bankshares
CARE
$733M
| $592K | ﹤0.01% |
42,284
-24,956
| -37% | -$402K |
|
4425
Gold Royalty Corp
GROY
$692M
| $592K | ﹤0.01% |
274,240
+132,879
| +94% | +$305K |
|
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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.