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 | |
|---|---|---|---|---|---|---|
451
Howmet Aerospace
HWM
$109B
| $77.4M | 0.04% |
1,827,201
+1,641,044
| +882% | +$67.2M |
|
|
SMAR
452
DELISTED
Smartsheet Inc.
SMAR
| $77.1M | 0.04% |
1,612,461
+352,265
| +28% | +$15.3M |
|
453
SolarEdge
SEDG
$2.37B
| $76.8M | 0.04% |
252,669
+49,258
| +24% | +$15M |
|
454
Medpace
MEDP
$16.3B
| $76.6M | 0.04% |
407,543
-43,395
| -10% | -$8.98M |
|
455
Edison International
EIX
$30.3B
| $76.6M | 0.04% |
1,085,501
+1,040,568
| +2,316% | +$70.3M |
|
456
Cintas
CTAS
$86.6B
| $76.1M | 0.04% |
658,224
-380,300
| -37% | -$41.9M |
|
457
Alcon
ALC
$34B
| $75.7M | 0.04% |
1,072,582
-97,859
| -8% | -$6.96M |
|
458
PUT
Procter & Gamble
PG
$340B
| $75.6M | 0.04% |
508,300
-964,800
| -65% | -$138M |
|
459
Parker-Hannifin
PH
$120B
| $75.5M | 0.04% |
224,711
+191,440
| +575% | +$63.4M |
|
460
Brixmor Property Group
BRX
$9.72B
| $75.5M | 0.04% |
3,508,955
+643,326
| +22% | +$14.3M |
|
461
PUT
Albemarle
ALB
$13.4B
| $75.5M | 0.04% |
341,400
-23,800
| -7% | -$5.86M |
|
462
Equity Residential
EQR
$25.8B
| $75.4M | 0.04% |
1,256,582
-477,619
| -28% | -$29.3M |
|
463
Rush Enterprises Class A
RUSHA
$6.34B
| $74.9M | 0.04% |
2,056,402
+231,606
| +13% | +$8.38M |
|
464
Republic Services
RSG
$67.4B
| $74.6M | 0.04% |
551,887
-502,704
| -48% | -$64.1M |
|
465
Phillips 66
PSX
$82.9B
| $74.5M | 0.04% |
735,303
+672,396
| +1,069% | +$68.4M |
|
466
Wynn Resorts
WYNN
$10.3B
| $74.4M | 0.04% |
665,135
+99,238
| +18% | +$10.4M |
|
467
CALL
Cigna
CI
$78.4B
| $74.3M | 0.04% |
290,900
-34,200
| -11% | -$9.96M |
|
468
TechnipFMC
FTI
$28.6B
| $74.3M | 0.04% |
5,443,663
+2,310,053
| +74% | +$31.3M |
|
469
PUT
AutoZone
AZO
$51.3B
| $74.2M | 0.04% |
30,200
+19,000
| +170% | +$46.3M |
|
470
Aecom
ACM
$9.46B
| $74M | 0.04% |
877,761
+402,258
| +85% | +$34.7M |
|
|
JNPR
471
DELISTED
Juniper Networks
JNPR
| $73.8M | 0.04% |
2,144,032
-715,260
| -25% | -$22.6M |
|
472
Royalty Pharma
RPRX
$26.2B
| $73.5M | 0.04% |
2,038,882
+1,054,516
| +107% | +$39.1M |
|
|
MASI
473
DELISTED
Masimo
MASI
| $73M | 0.04% |
395,553
+204,617
| +107% | +$34.5M |
|
474
Natera
NTRA
$36.4B
| $72.9M | 0.04% |
1,313,437
+311,676
| +31% | +$15M |
|
475
Silicon Motion
SIMO
$7.11B
| $72.6M | 0.04% |
1,107,860
-28,017
| -2% | -$1.84M |
|
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 1,210 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 988 new positions and closed 1,210 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.