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 | |
|---|---|---|---|---|---|---|
|
GMFI
5001
DELISTED
Aetherium Acquisition Corp
GMFI
| $236K | ﹤0.01% |
22,800
-518,482
| -96% | -$5.34M |
|
5002
Foghorn Therapeutics
FHTX
$327M
| $235K | ﹤0.01% |
37,885
-145,882
| -79% | -$955K |
|
5003
InnovAge Holding
INNV
$1.49B
| $235K | ﹤0.01% |
+29,408
| New | +$213K |
|
|
BBBY
5004
DELISTED
Bed Bath & Beyond Inc
BBBY
| $235K | ﹤0.01% |
549,645
+346,368
| +170% | +$714K |
|
5005
Geospace Technologies
GEOS
$88.2M
| $234K | ﹤0.01% |
33,121
+17,321
| +110% | +$96K |
|
5006
CALL
Guardant Health
GH
$21.1B
| $234K | ﹤0.01% |
+10,000
| New | +$286K |
|
|
5007
PUT
Guardant Health
GH
$21.1B
| $234K | ﹤0.01% |
+10,000
| New | +$286K |
|
5008
Anika Therapeutics
ANIK
$270M
| $233K | ﹤0.01% |
8,117
-121,844
| -94% | -$3.63M |
|
|
GNFT
5009
DELISTED
Genfit
GNFT
| $233K | ﹤0.01% |
57,781
-725
| -1% | -$3.11K |
|
5010
Research Frontiers
REFR
$16.3M
| $231K | ﹤0.01% |
135,337
+13,753
| +11% | +$27.2K |
|
5011
Sensient Technologies
SXT
$5.47B
| $231K | ﹤0.01% |
3,020
-27,168
| -90% | -$2.02M |
|
5012
Energy Fuels
UUUU
$3.22B
| $231K | ﹤0.01% |
+41,419
| New | +$268K |
|
5013
Waterstone Financial
WSBF
$375M
| $231K | ﹤0.01% |
+15,290
| New | +$247K |
|
|
VIRX
5014
DELISTED
Viracta Therapeutics, Inc. Common Stock
VIRX
| $231K | ﹤0.01% |
145,347
-53,557
| -27% | -$97.3K |
|
5015
Pebblebrook Hotel Trust
PEB
$2.08B
| $230K | ﹤0.01% |
16,393
-126,482
| -89% | -$1.85M |
|
|
ABST
5016
DELISTED
Absolute Software Corp
ABST
| $230K | ﹤0.01% |
29,313
-69,867
| -70% | -$682K |
|
5017
Cineverse
CNVS
$62.3M
| $229K | ﹤0.01% |
+27,211
| New | +$276K |
|
5018
CuriosityStream
CURI
$159M
| $229K | ﹤0.01% |
169,783
+15,963
| +10% | +$25.3K |
|
5019
GH Research
GHRS
$2.1B
| $229K | ﹤0.01% |
28,700
-40,639
| -59% | -$374K |
|
5020
Verastem
VSTM
$519M
| $229K | ﹤0.01% |
46,027
-44,085
| -49% | -$279K |
|
|
WDH
5021
Waterdrop
WDH
$359M
| $229K | ﹤0.01% |
+76,489
| New | +$232K |
|
5022
Coda Octopus Group
CODA
$119M
| $228K | ﹤0.01% |
31,402
+11,544
| +58% | +$82.9K |
|
5023
PUT
Warner Bros
WBD
$66.2B
| $228K | ﹤0.01% |
+15,100
| New | +$215K |
|
5024
Sierra Bancorp
BSRR
$530M
| $227K | ﹤0.01% |
13,209
-36,282
| -73% | -$729K |
|
5025
DHI Group
DHX
$178M
| $227K | ﹤0.01% |
58,549
-314,907
| -84% | -$1.49M |
|
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.