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 | |
|---|---|---|---|---|---|---|
951
Acadia Pharmaceuticals
ACAD
$4.39B
| $33M | 0.02% |
1,752,013
+549,684
| +46% | +$10.5M |
|
952
CALL
Costco
COST
$422B
| $32.9M | 0.02% |
66,300
-61,100
| -48% | -$30M |
|
953
PUT
Western Digital
WDC
$192B
| $32.9M | 0.02% |
1,155,244
-789,301
| -41% | -$23.2M |
|
954
PUT
Valero Energy
VLO
$91.5B
| $32.9M | 0.02% |
235,600
-1,342,800
| -85% | -$180M |
|
955
Huntsman Corp
HUN
$1.71B
| $32.9M | 0.02% |
1,200,856
+1,123,191
| +1,446% | +$33.5M |
|
956
A.O. Smith
AOS
$8.27B
| $32.8M | 0.02% |
474,679
-152,951
| -24% | -$9.94M |
|
|
OSH
957
DELISTED
Oak Street Health, Inc.
OSH
| $32.7M | 0.02% |
845,034
-426,558
| -34% | -$13.8M |
|
|
SNV
958
DELISTED
Synovus
SNV
| $32.6M | 0.02% |
1,059,018
+510,426
| +93% | +$19.4M |
|
959
SI-BONE Inc
SIBN
$786M
| $32.6M | 0.02% |
1,659,187
+113,635
| +7% | +$2.02M |
|
960
Pool Corp
POOL
$6.76B
| $32.5M | 0.02% |
94,949
-26,660
| -22% | -$9.46M |
|
961
AGCO
AGCO
$7.44B
| $32.5M | 0.02% |
240,303
-485,658
| -67% | -$65.7M |
|
|
AZEK
962
DELISTED
The AZEK Co
AZEK
| $32.4M | 0.02% |
+1,378,106
| New | +$32.6M |
|
963
Mueller Industries
MLI
$14.8B
| $32.4M | 0.02% |
1,765,872
+901,092
| +104% | +$15.7M |
|
964
Saia
SAIA
$9.39B
| $32.4M | 0.02% |
119,155
-65,085
| -35% | -$17.4M |
|
965
Northrop Grumman
NOC
$77B
| $32.4M | 0.02% |
70,159
-146,702
| -68% | -$68.1M |
|
966
NVR
NVR
$16.5B
| $32.4M | 0.02% |
5,812
+2,647
| +84% | +$13.7M |
|
967
CALL
Dow Inc
DOW
$21.8B
| $32.4M | 0.02% |
590,200
-113,100
| -16% | -$6.36M |
|
968
Molina Healthcare
MOH
$10.1B
| $32.3M | 0.02% |
120,858
-193,375
| -62% | -$55.6M |
|
969
Tyler Technologies
TYL
$12.7B
| $32.3M | 0.02% |
91,139
+10,906
| +14% | +$3.55M |
|
970
Canadian Pacific Kansas City
CP
$78.1B
| $32.2M | 0.02% |
418,952
-761,686
| -65% | -$58.8M |
|
971
Myriad Genetics
MYGN
$277M
| $32.2M | 0.02% |
1,385,391
-87,025
| -6% | -$1.77M |
|
972
Ares Capital
ARCC
$13.5B
| $32.1M | 0.02% |
1,753,999
+1,094,881
| +166% | +$20.7M |
|
973
BioMarin Pharmaceuticals
BMRN
$11.6B
| $32.1M | 0.02% |
329,615
-455,835
| -58% | -$47.3M |
|
974
Asbury Automotive
ABG
$4.26B
| $32M | 0.02% |
152,594
+149,164
| +4,349% | +$31.6M |
|
975
PUT
Pfizer
PFE
$143B
| $32M | 0.02% |
783,800
-198,500
| -20% | -$8.57M |
|
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.