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 | |
|---|---|---|---|---|---|---|
776
Essential Utilities
WTRG
$11.4B
| $43.7M | 0.03% |
1,001,159
+588,751
| +143% | +$26.6M |
|
777
SPDR Gold Trust
GLD
$133B
| $43.6M | 0.03% |
238,139
-400,019
| -63% | -$70.4M |
|
778
CALL
Netflix
NFLX
$305B
| $43.6M | 0.03% |
1,261,000
-1,784,000
| -59% | -$59M |
|
779
MarketAxess Holdings
MKTX
$5.73B
| $43.6M | 0.03% |
111,302
+86,281
| +345% | +$30.6M |
|
780
Petco
WOOF
$794M
| $43.5M | 0.02% |
4,829,486
+524,449
| +12% | +$5.43M |
|
781
Sun Life Financial
SLF
$45.9B
| $43.4M | 0.02% |
930,637
-240,322
| -21% | -$11.6M |
|
782
Uber
UBER
$143B
| $43.4M | 0.02% |
1,369,148
-1,409,880
| -51% | -$44.7M |
|
783
PUT
NextEra Energy
NEE
$183B
| $43.4M | 0.02% |
563,000
-1,666,100
| -75% | -$128M |
|
784
CALL
Valero Energy
VLO
$92.6B
| $43.4M | 0.02% |
310,700
+134,200
| +76% | +$18M |
|
785
Atlassian
TEAM
$24.9B
| $43.3M | 0.02% |
+253,000
| New | +$40.4M |
|
786
Samsara
IOT
$20.9B
| $43.3M | 0.02% |
2,195,933
+707,907
| +48% | +$11.2M |
|
787
First Solar
FSLR
$22.1B
| $43.3M | 0.02% |
199,058
-190,128
| -49% | -$34.7M |
|
788
Fortune Brands Innovations
FBIN
$5.88B
| $43.2M | 0.02% |
736,378
+722,281
| +5,124% | +$44.2M |
|
|
SPWR
789
DELISTED
SunPower Corporation Common Stock
SPWR
| $43.2M | 0.02% |
3,121,125
-1,583,856
| -34% | -$24.8M |
|
|
BRSL
790
Brightstar Lottery PLC
BRSL
$1.87B
| $43.2M | 0.02% |
1,610,765
+537,887
| +50% | +$13.8M |
|
791
Unum
UNM
$13.7B
| $43.1M | 0.02% |
1,090,065
-172,229
| -14% | -$7.11M |
|
|
FISV
792
Fiserv Inc
FISV
$28.8B
| $43M | 0.02% |
380,430
+238,555
| +168% | +$26.2M |
|
793
Lumentum
LITE
$53.9B
| $43M | 0.02% |
795,862
-406,281
| -34% | -$22.7M |
|
794
PUT
Vertex Pharmaceuticals
VRTX
$122B
| $42.9M | 0.02% |
136,300
+52,100
| +62% | +$15.6M |
|
|
XIFR
795
XPLR Infrastructure LP
XIFR
$1.12B
| $42.9M | 0.02% |
706,802
+384,994
| +120% | +$26.5M |
|
796
Azenta
AZTA
$1.33B
| $42.9M | 0.02% |
962,172
-21,257
| -2% | -$1.05M |
|
797
MasTec
MTZ
$25.6B
| $42.7M | 0.02% |
+452,142
| New | +$43M |
|
798
Ciena
CIEN
$52.7B
| $42.7M | 0.02% |
812,557
-363,880
| -31% | -$18.2M |
|
799
WillScot Mobile Mini Holdings
WSC
$4.35B
| $42.5M | 0.02% |
906,755
-663,736
| -42% | -$32M |
|
800
Group 1 Automotive
GPI
$3.53B
| $42.5M | 0.02% |
187,503
+103,489
| +123% | +$22M |
|
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.