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 | |
|---|---|---|---|---|---|---|
4601
Amtech Systems
ASYS
$262M
| $445K | ﹤0.01% |
46,618
-75,080
| -62% | -$705K |
|
4602
Frontdoor
FTDR
$6.32B
| $445K | ﹤0.01% |
15,967
-48,253
| -75% | -$1.28M |
|
4603
VirnetX Holding Corp
VHC
$67M
| $445K | ﹤0.01% |
16,967
-510
| -3% | -$16.5K |
|
4604
CALL
MongoDB
MDB
$29.8B
| $443K | ﹤0.01% |
1,900
-2,900
| -60% | -$609K |
|
4605
CALL
Array Technologies
ARRY
$809M
| $442K | ﹤0.01% |
+20,200
| New | +$413K |
|
|
DRRX
4606
DELISTED
DURECT Corp
DRRX
| $438K | ﹤0.01% |
96,780
-87,667
| -48% | -$476K |
|
4607
Plug Power
PLUG
$2.89B
| $437K | ﹤0.01% |
37,274
-223,801
| -86% | -$3.2M |
|
4608
Weave Communications
WEAV
$530M
| $437K | ﹤0.01% |
+87,996
| New | +$442K |
|
|
EMAN
4609
DELISTED
eMagin Corporation
EMAN
| $436K | ﹤0.01% |
209,478
+168,442
| +410% | +$203K |
|
4610
Loop Industries
LOOP
$32.9M
| $434K | ﹤0.01% |
126,205
-384,760
| -75% | -$960K |
|
|
NEUE
4611
DELISTED
NeueHealth
NEUE
| $434K | ﹤0.01% |
24,615
+2,700
| +12% | +$139K |
|
|
SWAV
4612
CALL
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $434K | ﹤0.01% |
+2,000
| New | +$390K |
|
|
ENV
4613
DELISTED
ENVESTNET, INC.
ENV
| $434K | ﹤0.01% |
7,389
-16,989
| -70% | -$1.05M |
|
4614
GXO Logistics
GXO
$5.41B
| $433K | ﹤0.01% |
8,590
-41,568
| -83% | -$2.07M |
|
4615
Brink's
BCO
$4.65B
| $432K | ﹤0.01% |
6,474
-215,370
| -97% | -$13.7M |
|
4616
CION Investment
CION
$362M
| $432K | ﹤0.01% |
43,725
-370,484
| -89% | -$3.88M |
|
4617
First Internet Bancorp
INBK
$256M
| $432K | ﹤0.01% |
+25,959
| New | +$626K |
|
|
SEEL
4618
DELISTED
Seelos Therapeutics, Inc. Common Stock
SEEL
| $432K | ﹤0.01% |
163
-32
| -16% | -$93.7K |
|
|
ICVX
4619
DELISTED
Icosavax, Inc. Common Stock
ICVX
| $432K | ﹤0.01% |
+74,449
| New | +$643K |
|
4620
Upbound Group
UPBD
$1.14B
| $431K | ﹤0.01% |
17,605
-93,086
| -84% | -$2.4M |
|
4621
CALL
Alcoa
AA
$12.5B
| $430K | ﹤0.01% |
+10,100
| New | +$487K |
|
|
FNA
4622
DELISTED
Paragon 28, Inc.
FNA
| $430K | ﹤0.01% |
25,188
-133,016
| -84% | -$2.37M |
|
4623
Curis
CRIS
$8.59M
| $429K | ﹤0.01% |
1,800
+225
| +14% | +$59.3K |
|
4624
CALL
Polestar Automotive Holding ADS Class C-1
PSNYW
$348M
| $428K | ﹤0.01% |
+17,184
| New | +$518K |
|
4625
Biglari Holdings Class B
BH
$1.22B
| $426K | ﹤0.01% |
2,517
-701
| -22% | -$116K |
|
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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.