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 | |
|---|---|---|---|---|---|---|
4501
Vuzix
VUZI
$215M
| $526K | ﹤0.01% |
127,080
+40,063
| +46% | +$180K |
|
4502
CALL
Absci
ABSI
$1.47B
| $525K | ﹤0.01% |
300,000
+171,300
| +133% | +$414K |
|
4503
Enovix
ENVX
$958M
| $525K | ﹤0.01% |
40,222
-150,687
| -79% | -$1.24M |
|
|
GRMN
4504
CALL
Garmin
GRMN
$59.3B
| $525K | ﹤0.01% |
+5,200
| New | +$508K |
|
|
WHWK
4505
Whitehawk Therapeutics
WHWK
$234M
| $524K | ﹤0.01% |
72,375
-2,214
| -3% | -$23.7K |
|
4506
PUT
Carvana
CVNA
$80.3B
| $521K | ﹤0.01% |
266,000
+117,500
| +79% | +$204K |
|
4507
Sphere Entertainment
SPHR
$5.65B
| $521K | ﹤0.01% |
8,824
+3,553
| +67% | +$192K |
|
4508
CALL
Steel Dynamics
STLD
$37.1B
| $520K | ﹤0.01% |
+4,600
| New | +$535K |
|
|
TRVG
4509
trivago
TRVG
$405M
| $520K | ﹤0.01% |
68,889
-76,997
| -53% | -$630K |
|
|
AIFU
4510
AIFU Inc
AIFU
$219M
| $520K | ﹤0.01% |
150
-12
| -7% | -$37.3K |
|
4511
Hydrofarm Holdings
HYFM
$7.96M
| $518K | ﹤0.01% |
29,952
+25,291
| +543% | +$447K |
|
4512
OP Bancorp
OPBK
$235M
| $517K | ﹤0.01% |
57,981
-32,600
| -36% | -$352K |
|
|
BHIL
4513
DELISTED
Benson Hill, Inc.
BHIL
| $517K | ﹤0.01% |
12,844
-10,593
| -45% | -$791K |
|
4514
Usana Health Sciences
USNA
$279M
| $516K | ﹤0.01% |
8,202
-5,639
| -41% | -$336K |
|
|
BOCN
4515
DELISTED
Blue Ocean Acquisition Corp Class A Ordinary Shares
BOCN
| $516K | ﹤0.01% |
49,500
-427,953
| -90% | -$4.43M |
|
4516
CALL
iShares MSCI South Africa ETF
EZA
$592M
| $515K | ﹤0.01% |
+12,200
| New | +$527K |
|
4517
PUT
Shopify
SHOP
$196B
| $513K | ﹤0.01% |
10,700
+3,200
| +43% | +$141K |
|
|
CSLM
4518
DELISTED
CSLM Acquisition Corp. Class A Ordinary Share
CSLM
| $513K | ﹤0.01% |
49,500
-861,299
| -95% | -$8.85M |
|
4519
CALL
iShares MSCI Australia ETF
EWA
$1.45B
| $512K | ﹤0.01% |
22,300
-294,100
| -93% | -$6.88M |
|
4520
Akebia Therapeutics
AKBA
$251M
| $511K | ﹤0.01% |
910,958
-431,464
| -32% | -$330K |
|
|
EVGOW
4521
CALL
DELISTED
EVgo Inc Warrants
EVGOW
| $508K | ﹤0.01% |
492,935
-168,168
| -25% | -$129K |
|
4522
Brunswick
BC
$5.32B
| $507K | ﹤0.01% |
6,183
-99,218
| -94% | -$8.21M |
|
4523
Zentalis Pharmaceuticals
ZNTL
$308M
| $506K | ﹤0.01% |
29,394
-2,792
| -9% | -$56.5K |
|
4524
Provident Financial
PROV
$113M
| $505K | ﹤0.01% |
37,042
+2,646
| +8% | +$37.3K |
|
4525
PUT
Unisys
UIS
$213M
| $504K | ﹤0.01% |
129,900
-111,500
| -46% | -$539K |
|
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.