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 | |
|---|---|---|---|---|---|---|
1101
Installed Building Products
IBP
$6.01B
| $27M | 0.02% |
237,140
-7,853
| -3% | -$846K |
|
1102
CALL
Prudential Financial
PRU
$42.4B
| $27M | 0.02% |
326,800
-52,500
| -14% | -$5.01M |
|
1103
PUT
Stryker
SYK
$125B
| $27M | 0.02% |
94,700
-9,500
| -9% | -$2.52M |
|
|
CSGS
1104
DELISTED
CSG Systems International
CSGS
| $27M | 0.02% |
502,917
+304,808
| +154% | +$17.3M |
|
|
ITCI
1105
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $27M | 0.02% |
498,388
-898,232
| -64% | -$43.4M |
|
|
1106
PUT
Linde
LIN
$221B
| $27M | 0.02% |
75,900
-80,200
| -51% | -$26.9M |
|
1107
PENN Entertainment
PENN
$2.75B
| $27M | 0.02% |
908,714
-661,197
| -42% | -$20.5M |
|
|
INFN
1108
DELISTED
Infinera Corporation Common Stock
INFN
| $27M | 0.02% |
3,473,121
-814,319
| -19% | -$5.92M |
|
1109
PUT
TJX Companies
TJX
$174B
| $26.8M | 0.02% |
342,300
-454,600
| -57% | -$35.8M |
|
1110
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $26.8M | 0.02% |
242,718
-16,179
| -6% | -$1.78M |
|
1111
Newmont
NEM
$98.7B
| $26.8M | 0.02% |
546,650
-1,792,317
| -77% | -$86.9M |
|
1112
PUT
United Parcel Service
UPS
$88.6B
| $26.8M | 0.02% |
137,900
-755,400
| -85% | -$139M |
|
1113
Ollie's Bargain Outlet
OLLI
$4.44B
| $26.7M | 0.02% |
461,670
-379,670
| -45% | -$20.9M |
|
1114
Hamilton Lane
HLNE
$4.91B
| $26.7M | 0.02% |
361,333
-143,695
| -28% | -$10.6M |
|
1115
PUT
CSX Corp
CSX
$93.4B
| $26.7M | 0.02% |
892,800
-537,900
| -38% | -$16.5M |
|
1116
Kite Realty
KRG
$5.81B
| $26.7M | 0.02% |
1,277,646
-154,137
| -11% | -$3.24M |
|
1117
Canadian Solar
CSIQ
$1.02B
| $26.7M | 0.02% |
670,027
+307,309
| +85% | +$12.2M |
|
1118
Chemours
CC
$2.5B
| $26.6M | 0.02% |
889,904
+624,912
| +236% | +$20.6M |
|
1119
PUT
Qorvo
QRVO
$7.99B
| $26.5M | 0.02% |
261,300
+700
| +0.3% | +$71K |
|
1120
KraneShares CSI China Internet ETF
KWEB
$5.64B
| $26.5M | 0.02% |
850,818
+342,864
| +67% | +$11M |
|
|
SPLK
1121
PUT
DELISTED
Splunk Inc
SPLK
| $26.5M | 0.02% |
276,700
-54,700
| -17% | -$5.24M |
|
1122
CNA Financial
CNA
$14.2B
| $26.5M | 0.02% |
678,951
+2,187
| +0.3% | +$91.7K |
|
|
CHCT
1123
Community Healthcare Trust
CHCT
$523M
| $26.4M | 0.02% |
721,294
+7,185
| +1% | +$280K |
|
1124
PUT
Philip Morris
PM
$297B
| $26.4M | 0.02% |
271,200
-165,300
| -38% | -$16.5M |
|
1125
Chemed
CHE
$7.07B
| $26.4M | 0.02% |
49,010
-16,417
| -25% | -$8.37M |
|
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.