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 | |
|---|---|---|---|---|---|---|
|
FORG
5051
CALL
DELISTED
ForgeRock, Inc.
FORG
| $218K | ﹤0.01% |
10,600
-1,501,800
| -99% | -$30.5M |
|
5052
TaskUs
TASK
$716M
| $217K | ﹤0.01% |
15,000
-127,567
| -89% | -$2.22M |
|
5053
Tyra Biosciences
TYRA
$1.61B
| $217K | ﹤0.01% |
+13,475
| New | +$160K |
|
|
FFNW
5054
DELISTED
First Financial Northwest, Inc
FFNW
| $217K | ﹤0.01% |
17,007
+5,903
| +53% | +$86.5K |
|
5055
Q32 Bio
QTTB
$482M
| $216K | ﹤0.01% |
11,649
-1,740
| -13% | -$43.3K |
|
5056
CALL
Royal Caribbean
RCL
$85.7B
| $215K | ﹤0.01% |
3,300
-71,500
| -96% | -$4.72M |
|
5057
Cushman & Wakefield Ltd
CWK
$3.2B
| $213K | ﹤0.01% |
20,220
-29,218
| -59% | -$376K |
|
|
JWN
5058
PUT
DELISTED
Nordstrom
JWN
| $213K | ﹤0.01% |
+13,100
| New | +$245K |
|
|
GDEV
5059
DELISTED
Nexters Inc. Ordinary Shares
GDEV
| $213K | ﹤0.01% |
31,116
-15,403
| -33% | -$105K |
|
5060
AstraZeneca
AZN
$250B
| $212K | ﹤0.01% |
1,528
-314,003
| -100% | -$42.2M |
|
5061
CALL
Affirm
AFRM
$25.6B
| $211K | ﹤0.01% |
+18,700
| New | +$236K |
|
5062
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $211K | ﹤0.01% |
4,416
-87,086
| -95% | -$4.1M |
|
5063
PUT
TE Connectivity
TEL
$62.3B
| $210K | ﹤0.01% |
1,600
-47,800
| -97% | -$6.05M |
|
5064
CALL
Upstart Holdings
UPST
$2.89B
| $210K | ﹤0.01% |
+13,200
| New | +$222K |
|
|
SRT
5065
DELISTED
Startek Inc.
SRT
| $210K | ﹤0.01% |
50,905
-31,794
| -38% | -$126K |
|
5066
Alto Ingredients
ALTO
$349M
| $209K | ﹤0.01% |
139,262
-615,137
| -82% | -$1.68M |
|
|
BGB
5067
Blackstone Strategic Credit 2027 Term Fund
BGB
$502M
| $209K | ﹤0.01% |
+19,611
| New | +$214K |
|
|
PTN
5068
Palatin Technologies
PTN
$14M
| $209K | ﹤0.01% |
1,520
+600
| +65% | +$99.7K |
|
5069
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.75B
| $209K | ﹤0.01% |
8,425
-967,814
| -99% | -$23.9M |
|
5070
CALL
Xcel Energy
XEL
$48.1B
| $209K | ﹤0.01% |
+3,100
| New | +$209K |
|
|
5071
PUT
Xcel Energy
XEL
$48.1B
| $209K | ﹤0.01% |
+3,100
| New | +$209K |
|
|
SYRS
5072
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $209K | ﹤0.01% |
78,336
-13,137
| -14% | -$50.9K |
|
5073
CALL
CONMED
CNMD
$1.49B
| $208K | ﹤0.01% |
2,000
-3,000
| -60% | -$290K |
|
5074
Cogent Biosciences
COGT
$7.14B
| $208K | ﹤0.01% |
19,242
-180,940
| -90% | -$2.31M |
|
5075
PUT
Arbor Realty Trust
ABR
$957M
| $207K | ﹤0.01% |
18,000
| – | – |
|
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.