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 | |
|---|---|---|---|---|---|---|
5076
Sprott Physical Gold
PHYS
$15.3B
| $207K | ﹤0.01% |
+13,400
| New | +$196K |
|
5077
CALL
Digital Realty Trust
DLR
$71.3B
| $206K | ﹤0.01% |
2,100
-8,600
| -80% | -$907K |
|
5078
TriplePoint Venture Growth BDC
TPVG
$212M
| $206K | ﹤0.01% |
17,068
-133,778
| -89% | -$1.56M |
|
5079
Cognyte Software
CGNT
$667M
| $205K | ﹤0.01% |
60,610
-341,563
| -85% | -$1.23M |
|
|
ICD
5080
DELISTED
Independence Contract Drilling, Inc.
ICD
| $205K | ﹤0.01% |
62,843
-109,108
| -63% | -$419K |
|
5081
Orion Group Holdings
ORN
$410M
| $204K | ﹤0.01% |
78,603
-29,055
| -27% | -$80.7K |
|
5082
STAAR Surgical
STAA
$1.15B
| $204K | ﹤0.01% |
3,186
-441,580
| -99% | -$28.8M |
|
5083
State Street SPDR S&P Pharmaceuticals ETF
XPH
$506M
| $204K | ﹤0.01% |
4,968
-23,758
| -83% | -$998K |
|
|
NVTA
5084
DELISTED
Invitae Corporation
NVTA
| $204K | ﹤0.01% |
150,772
-144,009
| -49% | -$284K |
|
5085
Origin Bancorp
OBK
$1.67B
| $203K | ﹤0.01% |
+6,300
| New | +$231K |
|
|
BFX
5086
DELISTED
BowFlex Inc.
BFX
| $203K | ﹤0.01% |
151,229
-53,226
| -26% | -$88K |
|
5087
Capital Bancorp
CBNK
$616M
| $202K | ﹤0.01% |
+12,124
| New | +$248K |
|
|
SEVN
5088
Seven Hills Realty Trust
SEVN
$175M
| $202K | ﹤0.01% |
+20,246
| New | +$213K |
|
5089
PUT
Upstart Holdings
UPST
$2.89B
| $202K | ﹤0.01% |
+12,700
| New | +$214K |
|
5090
CALL
XPeng
XPEV
$11.2B
| $202K | ﹤0.01% |
+18,200
| New | +$176K |
|
5091
BlackRock Credit Allocation Income Trust
BTZ
$947M
| $201K | ﹤0.01% |
+19,521
| New | +$208K |
|
5092
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.75B
| $201K | ﹤0.01% |
1,537
-10,869
| -88% | -$1.3M |
|
|
AMJ
5093
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $201K | ﹤0.01% |
+9,037
| New | +$204K |
|
5094
CALL
Design Therapeutics
DSGN
$862M
| $200K | ﹤0.01% |
34,700
-35,600
| -51% | -$266K |
|
5095
Empire State Realty Trust
ESRT
$843M
| $200K | ﹤0.01% |
30,786
+5,005
| +19% | +$36.7K |
|
5096
Invesco Global Listed Private Equity ETF
PSP
$243M
| $200K | ﹤0.01% |
+3,960
| New | +$206K |
|
5097
Seer Inc
SEER
$121M
| $200K | ﹤0.01% |
51,903
+13,978
| +37% | +$64.3K |
|
5098
American Superconductor
AMSC
$1.59B
| $199K | ﹤0.01% |
40,459
-73,433
| -64% | -$369K |
|
|
FARM
5099
DELISTED
Farmer Brothers
FARM
| $199K | ﹤0.01% |
51,449
-8,039
| -14% | -$36.3K |
|
5100
Eastern Company
EML
$151M
| $197K | ﹤0.01% |
+10,130
| New | +$212K |
|
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.