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 | |
|---|---|---|---|---|---|---|
1501
Sonic Automotive
SAH
$2.9B
| $16.2M | 0.01% |
298,370
-26,712
| -8% | -$1.44M |
|
1502
CALL
United Airlines
UAL
$39.4B
| $16.2M | 0.01% |
366,300
+74,100
| +25% | +$3.55M |
|
1503
Associated Banc-Corp
ASB
$5.83B
| $16.2M | 0.01% |
901,429
-559,334
| -38% | -$12.2M |
|
1504
CALL
AngloGold Ashanti
AU
$40.1B
| $16.2M | 0.01% |
+670,000
| New | +$13.6M |
|
1505
InvenTrust Properties
IVT
$2.76B
| $16.2M | 0.01% |
692,279
+518,327
| +298% | +$12.2M |
|
1506
i3 Verticals
IIIV
$412M
| $16.1M | 0.01% |
656,162
-43,141
| -6% | -$1.13M |
|
1507
Napco Security Technologies
NSSC
$1.32B
| $16.1M | 0.01% |
427,939
-338,559
| -44% | -$10.8M |
|
1508
CALL
Simon Property Group
SPG
$74.4B
| $16M | 0.01% |
143,300
+59,800
| +72% | +$7.14M |
|
|
UNIT
1509
Uniti Group
UNIT
$2.36B
| $16M | 0.01% |
4,509,267
+194,122
| +4% | +$1.03M |
|
1510
EOG Resources
EOG
$79.2B
| $16M | 0.01% |
139,280
-628,590
| -82% | -$76.2M |
|
1511
Quanterix
QTRX
$164M
| $16M | 0.01% |
1,415,841
-229,324
| -14% | -$2.93M |
|
|
PACW
1512
DELISTED
PacWest Bancorp
PACW
| $16M | 0.01% |
1,639,500
+1,577,041
| +2,525% | +$35.1M |
|
1513
CALL
Global Payments
GPN
$23B
| $15.9M | 0.01% |
151,100
+105,500
| +231% | +$11.4M |
|
|
SOVO
1514
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $15.9M | 0.01% |
951,621
-191,867
| -17% | -$2.7M |
|
1515
Meritage Homes
MTH
$4.58B
| $15.9M | 0.01% |
271,718
-705,596
| -72% | -$37.9M |
|
1516
CALL
Verizon
VZ
$195B
| $15.9M | 0.01% |
407,900
-1,501,400
| -79% | -$59.2M |
|
1517
OneSpaWorld
OSW
$2.61B
| $15.8M | 0.01% |
1,321,962
+256,752
| +24% | +$2.8M |
|
1518
PUT
TC Energy
TRP
$70.2B
| $15.8M | 0.01% |
301,200
-1,670,300
| -85% | -$68M |
|
1519
Intapp
INTA
$2.52B
| $15.8M | 0.01% |
352,338
+252,826
| +254% | +$8.88M |
|
1520
CALL
Sun Life Financial
SLF
$46B
| $15.8M | 0.01% |
+250,000
| New | +$12M |
|
|
CNR
1521
Core Natural Resources Inc
CNR
$4.02B
| $15.7M | 0.01% |
270,095
-203,322
| -43% | -$11.6M |
|
1522
Palantir
PLTR
$295B
| $15.7M | 0.01% |
1,859,897
+1,466,727
| +373% | +$11.5M |
|
1523
Logitech
LOGI
$14.7B
| $15.7M | 0.01% |
+270,447
| New | +$15.4M |
|
1524
Signet Jewelers
SIG
$3.61B
| $15.7M | 0.01% |
201,780
-255,321
| -56% | -$18.9M |
|
1525
ACM Research
ACMR
$5.42B
| $15.6M | 0.01% |
1,335,229
-508,475
| -28% | -$5.88M |
|
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.