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 | |
|---|---|---|---|---|---|---|
1351
CALL
Booking.com
BKNG
$149B
| $18.8M | 0.01% |
177,500
-402,500
| -69% | -$39.2M |
|
|
MDC
1352
DELISTED
M.D.C. Holdings, Inc.
MDC
| $18.8M | 0.01% |
484,391
-108,786
| -18% | -$4.02M |
|
1353
CALL
Target
TGT
$65.6B
| $18.8M | 0.01% |
113,400
-33,400
| -23% | -$5.49M |
|
1354
Chubb
CB
$135B
| $18.8M | 0.01% |
96,647
+53,024
| +122% | +$11.1M |
|
1355
Castle Biosciences
CSTL
$855M
| $18.8M | 0.01% |
825,437
-87,938
| -10% | -$2.15M |
|
1356
PUT
Corcept Therapeutics
CORT
$12.4B
| $18.7M | 0.01% |
+865,000
| New | +$19M |
|
1357
American International
AIG
$41.7B
| $18.7M | 0.01% |
371,898
+42,613
| +13% | +$2.49M |
|
1358
Freshworks
FRSH
$3.14B
| $18.7M | 0.01% |
1,214,764
+1,110,068
| +1,060% | +$16.8M |
|
1359
Performance Food Group
PFGC
$18B
| $18.6M | 0.01% |
309,030
+198,487
| +180% | +$11.6M |
|
|
BKI
1360
DELISTED
Black Knight, Inc. Common Stock
BKI
| $18.6M | 0.01% |
323,859
+171,259
| +112% | +$10.2M |
|
|
NSTD
1361
DELISTED
Northern Star Investment Corp. IV
NSTD
| $18.6M | 0.01% |
1,844,050
-18,176
| -1% | -$184K |
|
1362
Life Time Group Holdings
LTH
$10.1B
| $18.6M | 0.01% |
1,166,566
+1,101,985
| +1,706% | +$18.9M |
|
1363
Health Catalyst
HCAT
$154M
| $18.6M | 0.01% |
1,595,275
-202,599
| -11% | -$2.58M |
|
1364
PUT
Pembina Pipeline
PBA
$28.4B
| $18.6M | 0.01% |
425,300
-449,700
| -51% | -$15.2M |
|
1365
CALL
Duke Energy
DUK
$97.8B
| $18.6M | 0.01% |
192,900
-344,200
| -64% | -$34M |
|
|
DFS
1366
CALL
DELISTED
Discover Financial Services
DFS
| $18.6M | 0.01% |
187,900
+53,900
| +40% | +$5.77M |
|
1367
Dorian LPG
LPG
$2.03B
| $18.6M | 0.01% |
930,761
+912,772
| +5,074% | +$18.6M |
|
|
HTLF
1368
DELISTED
Heartland Financial USA, Inc.
HTLF
| $18.5M | 0.01% |
483,199
+334,593
| +225% | +$15.3M |
|
1369
CALL
Analog Devices
ADI
$179B
| $18.5M | 0.01% |
93,900
-201,100
| -68% | -$36.1M |
|
1370
PUT
Realty Income
O
$59.6B
| $18.5M | 0.01% |
+291,900
| New | +$18.9M |
|
1371
CALL
VanEck Gold Miners ETF
GDX
$22.7B
| $18.4M | 0.01% |
569,900
-822,400
| -59% | -$24.9M |
|
|
HIBB
1372
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $18.4M | 0.01% |
312,391
+194,601
| +165% | +$13.1M |
|
1373
CALL
Dollar Tree
DLTR
$24.4B
| $18.4M | 0.01% |
128,300
+39,700
| +45% | +$5.76M |
|
1374
International Seaways
INSW
$4.76B
| $18.4M | 0.01% |
441,507
-377,041
| -46% | -$16M |
|
1375
Canadian Natural Resources
CNQ
$99.4B
| $18.4M | 0.01% |
664,876
-1,420,858
| -68% | -$40.2M |
|
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.