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 | |
|---|---|---|---|---|---|---|
1001
Norwegian Cruise Line
NCLH
$8.51B
| $30.5M | 0.02% |
2,267,130
+1,852,498
| +447% | +$27.7M |
|
1002
AMN Healthcare
AMN
$1.3B
| $30.5M | 0.02% |
367,458
+322,481
| +717% | +$30.4M |
|
1003
McGrath RentCorp
MGRC
$2.81B
| $30.5M | 0.02% |
326,450
-42,005
| -11% | -$4.15M |
|
1004
Guardant Health
GH
$21.5B
| $30.4M | 0.02% |
1,297,422
+702,866
| +118% | +$20.1M |
|
1005
PUT
DexCom
DXCM
$32.2B
| $30.3M | 0.02% |
261,200
-313,900
| -55% | -$35.1M |
|
1006
Tecnoglass
TGLS
$1.93B
| $30.3M | 0.02% |
722,960
-107,934
| -13% | -$3.87M |
|
1007
Vicor
VICR
$9.56B
| $30.3M | 0.02% |
646,142
+640,497
| +11,346% | +$35.5M |
|
|
DO
1008
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $30.3M | 0.02% |
2,516,795
+785,393
| +45% | +$9.03M |
|
1009
West Fraser Timber
WFG
$5.08B
| $30.3M | 0.02% |
425,302
+25,363
| +6% | +$1.95M |
|
1010
Tenable Holdings
TENB
$3.6B
| $30.3M | 0.02% |
636,859
+401,880
| +171% | +$17.1M |
|
1011
Extra Space Storage
EXR
$31.3B
| $30.2M | 0.02% |
185,651
+8,642
| +5% | +$1.36M |
|
1012
CALL
Sanofi
SNY
$103B
| $30.2M | 0.02% |
555,200
+205,200
| +59% | +$9.98M |
|
|
WBA
1013
DELISTED
Walgreens Boots Alliance
WBA
| $30.2M | 0.02% |
873,685
+678,428
| +347% | +$24.1M |
|
1014
Park Hotels & Resorts
PK
$3.03B
| $30.2M | 0.02% |
2,443,698
+149
| +0% | +$1.96K |
|
1015
Imperial Oil
IMO
$62.7B
| $30.2M | 0.02% |
594,412
+446,502
| +302% | +$22.3M |
|
1016
Avantor
AVTR
$9.32B
| $30.2M | 0.02% |
1,427,562
-3,253,212
| -70% | -$74.1M |
|
|
ISEE
1017
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $30.2M | 0.02% |
1,240,297
-931,236
| -43% | -$20.4M |
|
1018
Kilroy Realty
KRC
$4.52B
| $30.1M | 0.02% |
930,116
-1,300,299
| -58% | -$47.4M |
|
1019
Clear Secure
YOU
$5.57B
| $30.1M | 0.02% |
1,150,773
-179,625
| -14% | -$5.1M |
|
1020
Schneider National
SNDR
$6.26B
| $30.1M | 0.02% |
1,125,182
+217,733
| +24% | +$5.87M |
|
1021
TPG
TPG
$7.01B
| $30.1M | 0.02% |
1,026,202
-13,742
| -1% | -$431K |
|
1022
Idacorp
IDA
$7.92B
| $30.1M | 0.02% |
277,721
+78,713
| +40% | +$8.27M |
|
1023
CALL
Aflac
AFL
$64.9B
| $30.1M | 0.02% |
466,000
-135,700
| -23% | -$9.29M |
|
|
LTHM
1024
DELISTED
Livent Corporation
LTHM
| $30.1M | 0.02% |
1,383,523
-2,706,147
| -66% | -$62.6M |
|
1025
PUT
American International
AIG
$41.7B
| $30M | 0.02% |
596,100
-354,800
| -37% | -$20.7M |
|
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.