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 | |
|---|---|---|---|---|---|---|
1201
Chewy
CHWY
$9.25B
| $23.8M | 0.01% |
635,383
+323,100
| +103% | +$13.4M |
|
1202
SSR Mining
SSRM
$5.32B
| $23.7M | 0.01% |
1,568,889
+625,481
| +66% | +$9.53M |
|
1203
Gentex
GNTX
$4.97B
| $23.6M | 0.01% |
843,631
-519,223
| -38% | -$14.6M |
|
1204
Cullen/Frost Bankers
CFR
$10.4B
| $23.6M | 0.01% |
224,012
-228,472
| -50% | -$28.4M |
|
|
TGI
1205
DELISTED
Triumph Group
TGI
| $23.6M | 0.01% |
2,034,206
+1,471,703
| +262% | +$16.8M |
|
1206
CALL
ON Semiconductor
ON
$31.8B
| $23.5M | 0.01% |
285,900
-24,900
| -8% | -$1.89M |
|
|
ETNB
1207
DELISTED
89bio
ETNB
| $23.5M | 0.01% |
1,543,647
-12,586
| -0.8% | -$164K |
|
1208
Cohen & Steers
CNS
$4.23B
| $23.5M | 0.01% |
366,949
+177,906
| +94% | +$12.4M |
|
1209
Rapid7
RPD
$645M
| $23.4M | 0.01% |
510,765
+50,111
| +11% | +$2.13M |
|
1210
Ardmore Shipping
ASC
$710M
| $23.4M | 0.01% |
1,574,042
+1,090,118
| +225% | +$17.1M |
|
|
AXNX
1211
DELISTED
Axonics, Inc. Common Stock
AXNX
| $23.4M | 0.01% |
428,940
-381,279
| -47% | -$22.3M |
|
1212
Old Dominion Freight Line
ODFL
$44.1B
| $23.4M | 0.01% |
137,192
-374,780
| -73% | -$62.7M |
|
1213
CALL
The Mosaic Company
MOS
$7.03B
| $23.3M | 0.01% |
507,800
+451,600
| +804% | +$21.9M |
|
|
TWNK
1214
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $23.2M | 0.01% |
934,398
+319,244
| +52% | +$7.51M |
|
1215
CALL
United Microelectronic
UMC
$47.7B
| $23.2M | 0.01% |
2,652,500
+65,000
| +3% | +$527K |
|
1216
Grupo Cibest SA
CIB
$22B
| $23.2M | 0.01% |
924,122
+739,531
| +401% | +$20M |
|
1217
CALL
NextEra Energy
NEE
$181B
| $23.2M | 0.01% |
301,100
-1,222,800
| -80% | -$94M |
|
1218
CALL
Qualcomm
QCOM
$155B
| $23.2M | 0.01% |
181,600
-104,700
| -37% | -$13M |
|
|
NVRO
1219
DELISTED
NEVRO CORP.
NVRO
| $23.1M | 0.01% |
638,974
-281,474
| -31% | -$9.89M |
|
1220
Jabil
JBL
$33B
| $23.1M | 0.01% |
261,857
+228,467
| +684% | +$18.4M |
|
1221
PUT
Baidu
BIDU
$37.7B
| $23M | 0.01% |
152,700
-54,500
| -26% | -$7.73M |
|
1222
CALL
DuPont de Nemours
DD
$18.5B
| $23M | 0.01% |
255,332
+23,104
| +10% | +$2.11M |
|
|
ODP
1223
DELISTED
ODP
ODP
| $22.9M | 0.01% |
509,773
-229,265
| -31% | -$11.2M |
|
1224
AvalonBay Communities
AVB
$26.5B
| $22.9M | 0.01% |
136,253
-208,854
| -61% | -$35.6M |
|
1225
Polaris
PII
$3.82B
| $22.8M | 0.01% |
206,406
-455,034
| -69% | -$50.4M |
|
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.