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 | |
|---|---|---|---|---|---|---|
1551
PUT
Ross Stores
ROST
$80.5B
| $15.2M | 0.01% |
143,100
-78,500
| -35% | -$8.82M |
|
1552
Airbnb
ABNB
$89.9B
| $15.2M | 0.01% |
121,853
-1,156,278
| -90% | -$132M |
|
|
LAC
1553
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $15.1M | 0.01% |
695,224
+677,611
| +3,847% | +$15M |
|
1554
PUT
SLB Ltd
SLB
$73.6B
| $15.1M | 0.01% |
307,900
-2,076,000
| -87% | -$110M |
|
|
RYZ
1555
Ryerson Holding Corp
RYZ
$1.44B
| $15.1M | 0.01% |
415,473
+344,506
| +485% | +$12.5M |
|
1556
Interparfums
IPAR
$3.99B
| $15.1M | 0.01% |
106,244
+71,498
| +206% | +$8.81M |
|
1557
Zillow
Z
$7.79B
| $15.1M | 0.01% |
339,433
+132,159
| +64% | +$5.62M |
|
1558
Spire
SR
$4.72B
| $15.1M | 0.01% |
215,203
+206,668
| +2,421% | +$14.7M |
|
1559
PUT
Kroger
KR
$35.4B
| $15.1M | 0.01% |
305,700
+290,200
| +1,872% | +$13.3M |
|
1560
SouthState Bank Corp
SSB
$10.2B
| $15.1M | 0.01% |
211,377
-149,022
| -41% | -$11.6M |
|
1561
Toast
TOST
$18.7B
| $15M | 0.01% |
846,438
+149,160
| +21% | +$2.94M |
|
1562
PUT
United Microelectronic
UMC
$47.7B
| $15M | 0.01% |
1,715,000
+15,000
| +0.9% | +$122K |
|
1563
CALL
iRhythm Holdings
IRTC
$3.85B
| $15M | 0.01% |
+121,000
| New | +$13.1M |
|
1564
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $15M | 0.01% |
136,923
+65,463
| +92% | +$7.09M |
|
|
SCPH
1565
DELISTED
scPharmaceuticals
SCPH
| $15M | 0.01% |
1,654,013
+828,288
| +100% | +$6.07M |
|
|
SA
1566
Seabridge Gold
SA
$2.78B
| $15M | 0.01% |
1,157,812
+269,174
| +30% | +$3.33M |
|
|
SRC
1567
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $15M | 0.01% |
375,765
+192,311
| +105% | +$7.96M |
|
1568
CALL
Invesco Solar ETF
TAN
$1.42B
| $15M | 0.01% |
+192,800
| New | +$14.8M |
|
1569
Tanger
SKT
$4.67B
| $14.9M | 0.01% |
760,004
+487,848
| +179% | +$9.05M |
|
1570
Lifestance Health
LFST
$4B
| $14.9M | 0.01% |
2,005,201
+1,694,189
| +545% | +$9.39M |
|
|
1571
CALL
Lam Research
LRCX
$367B
| $14.8M | 0.01% |
280,000
-296,000
| -51% | -$14.5M |
|
|
SLGC
1572
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $14.8M | 0.01% |
5,820,937
+225,991
| +4% | +$647K |
|
1573
Choice Hotels
CHH
$5.07B
| $14.8M | 0.01% |
126,547
+35,089
| +38% | +$4.2M |
|
1574
Seadrill
SDRL
$2.8B
| $14.8M | 0.01% |
+368,504
| New | +$14.4M |
|
1575
PUT
Chubb
CB
$135B
| $14.8M | 0.01% |
76,200
-222,200
| -74% | -$46.7M |
|
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.