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 | |
|---|---|---|---|---|---|---|
1451
Cable One
CABO
$227M
| $16.8M | 0.01% |
23,998
+10,588
| +79% | +$7.71M |
|
|
OKLO
1452
Oklo
OKLO
$6.76B
| $16.8M | 0.01% |
1,658,899
-101,539
| -6% | -$1.02M |
|
1453
PUT
Quanta Services
PWR
$100B
| $16.8M | 0.01% |
101,000
+94,400
| +1,430% | +$14.5M |
|
1454
Immunovant
IMVT
$7.93B
| $16.8M | 0.01% |
1,082,902
+1,000,461
| +1,214% | +$17.4M |
|
1455
CALL
Coinbase
COIN
$38.6B
| $16.8M | 0.01% |
248,400
+81,700
| +49% | +$4.89M |
|
1456
Dillards
DDS
$9.19B
| $16.8M | 0.01% |
54,533
-19,954
| -27% | -$7.09M |
|
1457
LKQ Corp
LKQ
$5.68B
| $16.8M | 0.01% |
295,431
+96,475
| +48% | +$5.44M |
|
|
ONC
1458
BeOne Medicines Ltd
ONC
$32.8B
| $16.8M | 0.01% |
77,718
+46,155
| +146% | +$11.1M |
|
|
SNCY
1459
DELISTED
Sun Country Airlines
SNCY
| $16.7M | 0.01% |
816,485
-68,075
| -8% | -$1.32M |
|
1460
Entegris
ENTG
$18.1B
| $16.7M | 0.01% |
204,065
+173,830
| +575% | +$14.1M |
|
1461
Melco Resorts & Entertainment
MLCO
$2.22B
| $16.7M | 0.01% |
1,314,406
+898,602
| +216% | +$11.6M |
|
1462
PUT
Exelon
EXC
$47.2B
| $16.7M | 0.01% |
398,700
+44,200
| +12% | +$1.84M |
|
|
FLG
1463
Flagstar Bank National Association
FLG
$5.93B
| $16.7M | 0.01% |
615,151
+313,240
| +104% | +$8.48M |
|
1464
PUT
Antero Resources
AR
$11.1B
| $16.7M | 0.01% |
722,100
+644,400
| +829% | +$17M |
|
1465
PUT
Microchip Technology
MCHP
$40.3B
| $16.7M | 0.01% |
198,900
-235,300
| -54% | -$18.8M |
|
1466
Golub Capital BDC
GBDC
$3.34B
| $16.7M | 0.01% |
1,228,558
-855,373
| -41% | -$11.5M |
|
1467
Blue Owl Capital
OBDC
$5.34B
| $16.7M | 0.01% |
1,321,130
-744,854
| -36% | -$9.59M |
|
1468
Reliance Steel & Aluminium
RS
$20.7B
| $16.7M | 0.01% |
64,866
-432,105
| -87% | -$102M |
|
1469
Ventas
VTR
$48B
| $16.6M | 0.01% |
384,080
-1,082,731
| -74% | -$52.2M |
|
|
ATSG
1470
DELISTED
Air Transport Services Group
ATSG
| $16.6M | 0.01% |
798,831
+692,100
| +648% | +$16.7M |
|
1471
Gerdau
GGB
$9.74B
| $16.6M | 0.01% |
4,045,580
-10,171,975
| -72% | -$45.6M |
|
1472
CALL
Newmont
NEM
$98.7B
| $16.6M | 0.01% |
338,900
-663,800
| -66% | -$32.2M |
|
1473
CALL
LyondellBasell Industries
LYB
$20B
| $16.6M | 0.01% |
176,900
-74,900
| -30% | -$6.97M |
|
1474
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $16.6M | 0.01% |
490,678
+12,366
| +3% | +$419K |
|
|
GLOP
1475
DELISTED
GASLOG PARTNERS LP
GLOP
| $16.6M | 0.01% |
1,970,548
+932,470
| +90% | +$7.52M |
|
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.