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 | |
|---|---|---|---|---|---|---|
4926
CALL
PACCAR
PCAR
$69.5B
| $264K | ﹤0.01% |
+3,600
| New | +$258K |
|
|
4927
PUT
PACCAR
PCAR
$69.5B
| $264K | ﹤0.01% |
+3,600
| New | +$258K |
|
4928
TriMas Corp
TRS
$1.45B
| $264K | ﹤0.01% |
+9,463
| New | +$277K |
|
4929
Century Therapeutics
IPSC
$343M
| $262K | ﹤0.01% |
75,554
-153,304
| -67% | -$673K |
|
4930
Vinci Compass Investments Ltd
VINP
$650M
| $262K | ﹤0.01% |
32,245
+17,130
| +113% | +$160K |
|
4931
iShares Gold Trust
IAU
$66B
| $261K | ﹤0.01% |
+6,992
| New | +$251K |
|
4932
PUT
Keurig Dr Pepper
KDP
$41.3B
| $261K | ﹤0.01% |
7,400
-69,500
| -90% | -$2.44M |
|
4933
PUT
Lincoln National
LNC
$8.93B
| $261K | ﹤0.01% |
+11,600
| New | +$345K |
|
4934
Olema Pharmaceuticals
OLMA
$1.03B
| $261K | ﹤0.01% |
75,224
-660,729
| -90% | -$2.7M |
|
4935
CarGurus
CARG
$3.28B
| $260K | ﹤0.01% |
13,933
-26,216
| -65% | -$446K |
|
|
JKS
4936
PUT
JinkoSolar
JKS
$847M
| $260K | ﹤0.01% |
+5,100
| New | +$267K |
|
4937
Novanta
NOVT
$5.82B
| $260K | ﹤0.01% |
1,634
-8,602
| -84% | -$1.32M |
|
4938
Regis Corp
RGS
$71.9M
| $260K | ﹤0.01% |
11,716
+3,831
| +49% | +$106K |
|
4939
Auburn National Bancorp
AUBN
$92.2M
| $259K | ﹤0.01% |
11,427
+230
| +2% | +$5.45K |
|
4940
First United
FUNC
$292M
| $259K | ﹤0.01% |
+15,388
| New | +$291K |
|
4941
Kura Oncology
KURA
$824M
| $259K | ﹤0.01% |
21,190
-35,636
| -63% | -$445K |
|
|
SQNS
4942
Sequans Communications SA
SQNS
$41.8M
| $259K | ﹤0.01% |
5,182
+3,825
| +282% | +$261K |
|
4943
CALL
Stevanato
STVN
$5.54B
| $259K | ﹤0.01% |
+10,000
| New | +$214K |
|
|
SGTX
4944
DELISTED
Sigilon Therapeutics, Inc. Common Stock
SGTX
| $259K | ﹤0.01% |
21,425
+3,598
| +20% | +$37.4K |
|
|
UBFO
4945
DELISTED
United Security Bancshares
UBFO
| $256K | ﹤0.01% |
40,130
+10,539
| +36% | +$78.4K |
|
4946
BlackRock Taxable Municipal Bond Trust
BBN
$983M
| $255K | ﹤0.01% |
+14,244
| New | +$252K |
|
|
CIO
4947
DELISTED
City Office REIT
CIO
| $255K | ﹤0.01% |
36,899
-13,451
| -27% | -$114K |
|
|
BANX
4948
ArrowMark Financial
BANX
$197M
| $254K | ﹤0.01% |
14,132
-8,116
| -36% | -$148K |
|
4949
BHP
BHP
$223B
| $254K | ﹤0.01% |
4,000
-726,193
| -99% | -$46.8M |
|
|
PLYM
4950
DELISTED
Plymouth Industrial REIT
PLYM
| $254K | ﹤0.01% |
12,098
-6,604
| -35% | -$139K |
|
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.