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 | |
|---|---|---|---|---|---|---|
|
SAVE
1576
DELISTED
Spirit Airlines, Inc.
SAVE
| $14.8M | 0.01% |
861,804
-156,882
| -15% | -$2.93M |
|
|
EVA
1577
DELISTED
Enviva Inc.
EVA
| $14.7M | 0.01% |
510,279
+320,681
| +169% | +$13.1M |
|
1578
PUT
Biogen
BIIB
$30B
| $14.7M | 0.01% |
52,900
-120,900
| -70% | -$33.5M |
|
|
1579
CALL
AT&T
T
$159B
| $14.7M | 0.01% |
762,900
-2,613,600
| -77% | -$50M |
|
1580
Vera Therapeutics
VERA
$2.3B
| $14.6M | 0.01% |
1,887,351
+778,702
| +70% | +$6.01M |
|
1581
CALL
TJX Companies
TJX
$174B
| $14.6M | 0.01% |
186,900
+33,700
| +22% | +$2.65M |
|
1582
CALL
Dominion Energy
D
$60.8B
| $14.6M | 0.01% |
261,200
-45,100
| -15% | -$2.64M |
|
1583
Kanzhun
BZ
$7.27B
| $14.6M | 0.01% |
766,564
+670,008
| +694% | +$14.6M |
|
|
DOCU
1584
DocuSign
DOCU
$10.5B
| $14.6M | 0.01% |
249,763
-2,831,635
| -92% | -$169M |
|
1585
Ironwood Pharmaceuticals
IRWD
$696M
| $14.5M | 0.01% |
1,382,548
-2,607,394
| -65% | -$29.2M |
|
1586
ON Semiconductor
ON
$31.8B
| $14.5M | 0.01% |
176,422
-403,144
| -70% | -$30.6M |
|
1587
CALL
Twilio
TWLO
$30B
| $14.5M | 0.01% |
217,900
+107,200
| +97% | +$6.61M |
|
|
FYBR
1588
PUT
DELISTED
Frontier Communications
FYBR
| $14.5M | 0.01% |
+637,100
| New | +$17.1M |
|
1589
Labcorp
LH
$25B
| $14.5M | 0.01% |
73,562
-206,431
| -74% | -$42.5M |
|
1590
Corebridge Financial
CRBG
$14.1B
| $14.5M | 0.01% |
903,280
+143,231
| +19% | +$2.81M |
|
1591
Harmony Biosciences
HRMY
$2.04B
| $14.5M | 0.01% |
443,032
+270,102
| +156% | +$12.3M |
|
1592
PUT
Intuit
INTU
$86.5B
| $14.4M | 0.01% |
32,400
+29,200
| +913% | +$12M |
|
1593
Concentrix
CNXC
$1.5B
| $14.4M | 0.01% |
118,820
+54,724
| +85% | +$7.43M |
|
1594
CoreCivic
CXW
$2.96B
| $14.4M | 0.01% |
1,569,807
+487,145
| +45% | +$5M |
|
1595
PUT
Macy's
M
$6.53B
| $14.4M | 0.01% |
825,000
+277,100
| +51% | +$5.86M |
|
|
TPH
1596
DELISTED
Tri Pointe Homes
TPH
| $14.4M | 0.01% |
569,732
+538,980
| +1,753% | +$12.2M |
|
1597
iShares 0-3 Month Treasury Bond ETF
SGOV
$99.4B
| $14.4M | 0.01% |
143,350
+62,459
| +77% | +$6.27M |
|
|
PDS
1598
Precision Drilling
PDS
$999M
| $14.4M | 0.01% |
280,639
+74,475
| +36% | +$4.82M |
|
1599
Gogo Inc
GOGO
$565M
| $14.4M | 0.01% |
992,250
-95,473
| -9% | -$1.49M |
|
1600
KE Holdings
BEKE
$18.7B
| $14.4M | 0.01% |
762,470
+111,074
| +17% | +$2.06M |
|
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.