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 | |
|---|---|---|---|---|---|---|
|
WCC
1026
WESCO International
WCC
$16.7B
| $30M | 0.02% |
194,225
+79,812
| +70% | +$12M |
|
|
DISH
1027
DELISTED
DISH Network Corp.
DISH
| $30M | 0.02% |
3,213,710
+465,523
| +17% | +$5.87M |
|
1028
CALL
Southern Company
SO
$109B
| $30M | 0.02% |
430,900
-271,000
| -39% | -$18.2M |
|
1029
Under Armour Class C
UA
$2.77B
| $29.9M | 0.02% |
3,501,523
+2,575,845
| +278% | +$23.7M |
|
1030
Cameco
CCJ
$37.6B
| $29.7M | 0.02% |
1,135,910
+720,565
| +173% | +$19M |
|
|
CVII
1031
DELISTED
Churchill Capital Corp VII Class A Common Stock
CVII
| $29.7M | 0.02% |
2,929,799
-2,479,241
| -46% | -$24.9M |
|
1032
CALL
Mondelez International
MDLZ
$79.5B
| $29.7M | 0.02% |
425,900
-311,000
| -42% | -$20.6M |
|
1033
CALL
Constellation Brands
STZ
$22.2B
| $29.7M | 0.02% |
131,400
+49,600
| +61% | +$11M |
|
1034
New Jersey Resources
NJR
$5.84B
| $29.6M | 0.02% |
556,070
+179,726
| +48% | +$9.16M |
|
1035
Amphenol
APH
$198B
| $29.5M | 0.02% |
723,112
+590,488
| +445% | +$23.3M |
|
1036
PUT
Stellantis
STLA
$16.7B
| $29.5M | 0.02% |
1,720,000
+1,220,000
| +244% | +$20.4M |
|
1037
CALL
Accenture
ACN
$102B
| $29.5M | 0.02% |
103,200
-17,400
| -14% | -$4.74M |
|
1038
PUT
Cboe Global Markets
CBOE
$32.5B
| $29.5M | 0.02% |
219,700
+20,500
| +10% | +$2.57M |
|
1039
Helen of Troy
HELE
$644M
| $29.5M | 0.02% |
309,901
+252,478
| +440% | +$27M |
|
1040
PUT
Kimberly-Clark
KMB
$36.3B
| $29.4M | 0.02% |
219,400
+17,800
| +9% | +$2.31M |
|
1041
Fluor
FLR
$7.01B
| $29.4M | 0.02% |
950,766
-527,453
| -36% | -$18.1M |
|
1042
Delek US
DK
$4.16B
| $29.3M | 0.02% |
1,277,121
+592,892
| +87% | +$14.8M |
|
1043
Agree Realty
ADC
$9.34B
| $29.3M | 0.02% |
+427,048
| New | +$30.5M |
|
1044
PUT
ASML
ASML
$626B
| $29.3M | 0.02% |
43,000
+23,500
| +121% | +$15.1M |
|
1045
PUT
Diamondback Energy
FANG
$57.1B
| $29.3M | 0.02% |
216,500
+157,000
| +264% | +$21.9M |
|
|
CUTR
1046
DELISTED
Cutera, Inc.
CUTR
| $29.3M | 0.02% |
1,238,945
-251,127
| -17% | -$8.03M |
|
1047
Bankunited
BKU
$3.37B
| $29.2M | 0.02% |
1,294,610
+788,455
| +156% | +$25.7M |
|
1048
Kroger
KR
$35.4B
| $29.2M | 0.02% |
591,797
-1,267,002
| -68% | -$57.9M |
|
1049
CALL
Aon
AON
$76.5B
| $29.2M | 0.02% |
92,600
-25,100
| -21% | -$7.77M |
|
1050
Royal Caribbean
RCL
$85.1B
| $29.1M | 0.02% |
446,367
-1,135,592
| -72% | -$74.9M |
|
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.