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 | |
|---|---|---|---|---|---|---|
651
Assurant
AIZ
$14B
| $53.7M | 0.03% |
447,250
+219,787
| +97% | +$27.5M |
|
652
CALL
Comcast
CMCSA
$84B
| $53.7M | 0.03% |
1,416,000
-694,200
| -33% | -$26.2M |
|
653
Marathon Petroleum
MPC
$91.7B
| $53.4M | 0.03% |
396,131
-1,441,228
| -78% | -$180M |
|
654
OneMain Financial
OMF
$7.32B
| $53.2M | 0.03% |
1,435,452
+444,948
| +45% | +$17.9M |
|
655
CALL
Abbott
ABT
$183B
| $53M | 0.03% |
523,900
-258,600
| -33% | -$27.3M |
|
656
PUT
DuPont de Nemours
DD
$18.7B
| $53M | 0.03% |
588,577
+124,359
| +27% | +$11.3M |
|
657
RB Global
RBA
$20.5B
| $53M | 0.03% |
942,186
+908,484
| +2,696% | +$53.6M |
|
658
Lear
LEA
$7.33B
| $53M | 0.03% |
380,048
-220,595
| -37% | -$30.5M |
|
659
Vertiv
VRT
$87.6B
| $52.8M | 0.03% |
3,691,822
+641,706
| +21% | +$9.42M |
|
660
Ardelyx
ARDX
$1.25B
| $52.8M | 0.03% |
11,019,607
+636,278
| +6% | +$2.15M |
|
661
Corcept Therapeutics
CORT
$12.7B
| $52.7M | 0.03% |
2,435,152
+2,281,282
| +1,483% | +$50M |
|
662
TD Synnex
SNX
$20.2B
| $52.6M | 0.03% |
543,504
+540,210
| +16,400% | +$53.7M |
|
663
Dynatrace
DT
$12.8B
| $52.5M | 0.03% |
1,241,882
+340,013
| +38% | +$13.8M |
|
664
CALL
Oracle
ORCL
$367B
| $52.5M | 0.03% |
565,000
-110,100
| -16% | -$9.65M |
|
665
NetApp
NTAP
$34.1B
| $52.5M | 0.03% |
821,981
+539,757
| +191% | +$34.9M |
|
666
Progyny
PGNY
$2.47B
| $52.2M | 0.03% |
1,625,111
+749,975
| +86% | +$24.8M |
|
|
HZNP
667
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $51.9M | 0.03% |
475,400
+458,300
| +2,680% | +$50.7M |
|
668
Huntington Bancshares
HBAN
$34.5B
| $51.9M | 0.03% |
4,630,131
+2,279,799
| +97% | +$31.7M |
|
669
CALL
ConocoPhillips
COP
$145B
| $51.8M | 0.03% |
522,000
-115,200
| -18% | -$12.6M |
|
670
PUT
LyondellBasell Industries
LYB
$19.5B
| $51.8M | 0.03% |
551,200
+225,200
| +69% | +$20.9M |
|
671
Oshkosh
OSK
$8.82B
| $51.6M | 0.03% |
620,255
+85,219
| +16% | +$7.73M |
|
672
CALL
HCA Healthcare
HCA
$85.7B
| $51.5M | 0.03% |
195,500
+9,600
| +5% | +$2.44M |
|
673
Timken Company
TKR
$9.46B
| $51.4M | 0.03% |
629,563
-144,805
| -19% | -$11.7M |
|
674
Elanco Animal Health
ELAN
$13.2B
| $51.4M | 0.03% |
5,472,718
+5,397,203
| +7,147% | +$63.7M |
|
675
BellRing Brands
BRBR
$1.53B
| $51.2M | 0.03% |
1,504,855
+396,858
| +36% | +$11.7M |
|
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.