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 | |
|---|---|---|---|---|---|---|
1526
Viridian Therapeutics
VRDN
$2.09B
| $15.6M | 0.01% |
614,089
-171,765
| -22% | -$5.51M |
|
|
ARNC
1527
DELISTED
Arconic Corporation
ARNC
| $15.6M | 0.01% |
595,307
+495,816
| +498% | +$12.2M |
|
1528
LiveRamp
RAMP
$2.3B
| $15.6M | 0.01% |
711,914
+18,027
| +3% | +$430K |
|
1529
Tronox
TROX
$932M
| $15.6M | 0.01% |
1,085,505
+809,668
| +294% | +$12.5M |
|
|
WNS
1530
DELISTED
WNS Holdings
WNS
| $15.6M | 0.01% |
167,455
+29,958
| +22% | +$2.61M |
|
1531
Shift4
FOUR
$4.2B
| $15.6M | 0.01% |
205,676
-700,359
| -77% | -$45.1M |
|
1532
Manchester United
MANU
$3.97B
| $15.6M | 0.01% |
702,645
-803,117
| -53% | -$18.2M |
|
1533
Elastic
ESTC
$6.84B
| $15.6M | 0.01% |
268,680
-328,287
| -55% | -$18.7M |
|
1534
Shutterstock
SSTK
$198M
| $15.6M | 0.01% |
214,245
-325,350
| -60% | -$22.8M |
|
1535
CareDx
CDNA
$2.26B
| $15.5M | 0.01% |
1,699,800
+988,259
| +139% | +$12.6M |
|
1536
PUT
Rockwell Automation
ROK
$53.4B
| $15.5M | 0.01% |
52,800
+2,500
| +5% | +$711K |
|
|
RCM
1537
DELISTED
R1 RCM Inc. Common Stock
RCM
| $15.5M | 0.01% |
1,031,815
-1,539,054
| -60% | -$21.1M |
|
|
OSH
1538
CALL
DELISTED
Oak Street Health, Inc.
OSH
| $15.5M | 0.01% |
+400,000
| New | +$12.9M |
|
|
1539
CALL
Rockwell Automation
ROK
$53.4B
| $15.5M | 0.01% |
52,700
+2,400
| +5% | +$683K |
|
1540
PUT
D.R. Horton
DHI
$40B
| $15.5M | 0.01% |
158,300
-33,700
| -18% | -$3.21M |
|
1541
Acuity Brands
AYI
$9.83B
| $15.4M | 0.01% |
84,510
+63,311
| +299% | +$11.7M |
|
1542
Qiagen
QGEN
$8.54B
| $15.4M | 0.01% |
316,903
-430,565
| -58% | -$21.9M |
|
|
SAGE
1543
DELISTED
Sage Therapeutics
SAGE
| $15.4M | 0.01% |
366,663
+280,979
| +328% | +$12.1M |
|
1544
PUT
Lennar Class A
LEN
$19.8B
| $15.4M | 0.01% |
151,128
-17,664
| -10% | -$1.71M |
|
1545
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $15.3M | 0.01% |
177,895
+147,751
| +490% | +$12.7M |
|
1546
PUT
Carrier Global
CARR
$51B
| $15.3M | 0.01% |
334,300
-2,300
| -0.7% | -$103K |
|
1547
CrowdStrike
CRWD
$194B
| $15.3M | 0.01% |
445,508
-332,488
| -43% | -$9.61M |
|
|
FISV
1548
CALL
Fiserv Inc
FISV
$28.8B
| $15.2M | 0.01% |
134,600
+86,400
| +179% | +$9.5M |
|
|
LOVE
1549
DELISTED
LoveSac
LOVE
| $15.2M | 0.01% |
526,342
+377,058
| +253% | +$9.95M |
|
1550
VanEck Gold Miners ETF
GDX
$22.7B
| $15.2M | 0.01% |
470,152
+219,397
| +87% | +$6.64M |
|
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.