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 | |
|---|---|---|---|---|---|---|
701
PUT
Marriott International
MAR
$99B
| $48.9M | 0.03% |
294,400
-230,400
| -44% | -$38.4M |
|
|
B
702
Barrick Mining
B
$63.2B
| $48.9M | 0.03% |
2,630,704
-2,069,198
| -44% | -$37.2M |
|
703
DHT Holdings
DHT
$2.99B
| $48.7M | 0.03% |
4,505,141
-18,078
| -0.4% | -$182K |
|
704
CubeSmart
CUBE
$9.34B
| $48.5M | 0.03% |
1,048,988
-993,061
| -49% | -$44.5M |
|
|
SCRM
705
DELISTED
Screaming Eagle Acquisition Corp. Class A Ordinary Shares
SCRM
| $48.2M | 0.03% |
4,742,546
-411,339
| -8% | -$4.14M |
|
706
PUT
The Mosaic Company
MOS
$7.24B
| $48.1M | 0.03% |
1,048,900
+96,100
| +10% | +$4.65M |
|
707
Factset
FDS
$9.35B
| $48M | 0.03% |
115,754
+76,126
| +192% | +$31.7M |
|
708
Cleveland-Cliffs
CLF
$6.64B
| $47.8M | 0.03% |
2,607,367
+971,560
| +59% | +$19.2M |
|
709
PUT
Enbridge
ENB
$121B
| $47.8M | 0.03% |
927,400
-1,522,600
| -62% | -$59.7M |
|
710
Rollins
ROL
$18.5B
| $47.7M | 0.03% |
1,270,565
-1,423,107
| -53% | -$51.3M |
|
711
AutoZone
AZO
$49.1B
| $47.6M | 0.03% |
19,361
-36,848
| -66% | -$89.9M |
|
712
Prosperity Bancshares
PB
$8.97B
| $47.6M | 0.03% |
773,440
+57,058
| +8% | +$4.06M |
|
713
Applied Industrial Technologies
AIT
$12.6B
| $47.5M | 0.03% |
334,486
+277,721
| +489% | +$37.7M |
|
714
Thermo Fisher Scientific
TMO
$214B
| $47.5M | 0.03% |
82,461
+81,887
| +14,266% | +$46.2M |
|
715
McCormick & Company Non-Voting
MKC
$13.7B
| $47.5M | 0.03% |
571,021
+561,132
| +5,674% | +$42.8M |
|
716
Tenaris
TS
$28.6B
| $47.5M | 0.03% |
1,671,453
+873,754
| +110% | +$28.8M |
|
717
CALL
KLA
KLAC
$236B
| $47.5M | 0.03% |
1,189,000
-333,000
| -22% | -$13.1M |
|
718
CALL
Novartis
NVS
$301B
| $47.4M | 0.03% |
515,500
-59,500
| -10% | -$5.2M |
|
719
United Airlines
UAL
$40.1B
| $47.3M | 0.03% |
1,068,311
-2,634,789
| -71% | -$126M |
|
720
PUT
Gilead Sciences
GILD
$163B
| $47.2M | 0.03% |
568,800
-1,833,100
| -76% | -$152M |
|
721
HF Sinclair
DINO
$16.7B
| $47.2M | 0.03% |
975,389
-330,131
| -25% | -$17.2M |
|
722
PUT
Automatic Data Processing
ADP
$105B
| $47M | 0.03% |
211,200
-858,200
| -80% | -$194M |
|
723
CALL
American International
AIG
$41.8B
| $47M | 0.03% |
933,600
-226,800
| -20% | -$13.2M |
|
|
PDCO
724
DELISTED
Patterson Companies, Inc.
PDCO
| $47M | 0.03% |
1,756,032
+438,132
| +33% | +$12.3M |
|
725
Kohl's
KSS
$2.21B
| $47M | 0.03% |
1,995,993
-1,066,826
| -35% | -$30.1M |
|
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.