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 | |
|---|---|---|---|---|---|---|
1701
Leslie's
LESL
$8.9M
| $12.7M | 0.01% |
57,736
+20,730
| +56% | +$5.38M |
|
1702
DaVita
DVA
$15.4B
| $12.7M | 0.01% |
156,379
+151,154
| +2,893% | +$12.1M |
|
1703
ASML
ASML
$626B
| $12.6M | 0.01% |
18,551
-10,169
| -35% | -$6.53M |
|
|
INN
1704
Summit Hotel Properties
INN
$746M
| $12.6M | 0.01% |
1,803,744
+772,280
| +75% | +$5.86M |
|
|
VISN
1705
Vistance Networks Inc
VISN
$2.65B
| $12.6M | 0.01% |
1,972,768
+664,172
| +51% | +$5.03M |
|
1706
Huntington Ingalls Industries
HII
$12.9B
| $12.6M | 0.01% |
60,628
-53,022
| -47% | -$11.5M |
|
|
NXRT
1707
NexPoint Residential Trust
NXRT
$666M
| $12.5M | 0.01% |
286,252
-53,026
| -16% | -$2.44M |
|
1708
Fulton Financial
FULT
$4.66B
| $12.5M | 0.01% |
904,477
-1,380,553
| -60% | -$22.3M |
|
1709
10x Genomics
TXG
$6B
| $12.5M | 0.01% |
223,981
-989,413
| -82% | -$46.2M |
|
|
AEL
1710
DELISTED
American Equity Investment Life Holding Company
AEL
| $12.5M | 0.01% |
342,360
+209,040
| +157% | +$8.89M |
|
|
CVAC
1711
DELISTED
CureVac
CVAC
| $12.5M | 0.01% |
1,790,308
+924,064
| +107% | +$8.06M |
|
1712
Celanese
CE
$4.9B
| $12.5M | 0.01% |
114,552
-578,732
| -83% | -$66.8M |
|
1713
Dave & Buster's
PLAY
$377M
| $12.5M | 0.01% |
338,697
-410,071
| -55% | -$16.4M |
|
1714
Grab
GRAB
$14.3B
| $12.5M | 0.01% |
4,137,024
+1,647,796
| +66% | +$5.47M |
|
1715
Phreesia
PHR
$663M
| $12.4M | 0.01% |
385,500
-710,833
| -65% | -$25M |
|
1716
Innoviva
INVA
$1.55B
| $12.4M | 0.01% |
1,105,812
-1,028,344
| -48% | -$12.5M |
|
1717
Braze
BRZE
$2.81B
| $12.4M | 0.01% |
359,750
+181,838
| +102% | +$5.66M |
|
|
HT
1718
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $12.4M | 0.01% |
1,849,119
+538,980
| +41% | +$4.37M |
|
1719
iShares MSCI China ETF
MCHI
$6.29B
| $12.4M | 0.01% |
248,487
+228,167
| +1,123% | +$11.6M |
|
1720
CALL
Cboe Global Markets
CBOE
$32.5B
| $12.4M | 0.01% |
92,300
+34,100
| +59% | +$4.28M |
|
1721
Liberty Global Class A
LBTYA
$3.62B
| $12.4M | 0.01% |
635,151
-673,587
| -51% | -$13.7M |
|
1722
WSFS Financial
WSFS
$4.12B
| $12.4M | 0.01% |
329,106
+225,511
| +218% | +$10.4M |
|
|
1723
Invesco QQQ Trust
QQQ
$461B
| $12.4M | 0.01% |
38,562
-3,709,333
| -99% | -$1.09B |
|
1724
NET Power
NPWR
$126M
| $12.4M | 0.01% |
1,207,255
+232,571
| +24% | +$2.38M |
|
1725
OFG Bancorp
OFG
$2.23B
| $12.4M | 0.01% |
495,260
-372,986
| -43% | -$10.4M |
|
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.