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 | |
|---|---|---|---|---|---|---|
|
NATI
1726
CALL
DELISTED
National Instruments Corp
NATI
| $12.3M | 0.01% |
+235,600
| New | +$11.8M |
|
1727
Fomento Económico Mexicano
FMX
$43.6B
| $12.3M | 0.01% |
129,461
-111,131
| -46% | -$9.72M |
|
1728
PUT
Las Vegas Sands
LVS
$31.7B
| $12.3M | 0.01% |
214,300
-62,600
| -23% | -$3.51M |
|
1729
CALL
iShares US Real Estate ETF
IYR
$4.66B
| $12.3M | 0.01% |
+145,000
| New | +$12.7M |
|
1730
Invesco Solar ETF
TAN
$1.42B
| $12.3M | 0.01% |
158,475
-27,985
| -15% | -$2.14M |
|
1731
JFrog
FROG
$9.66B
| $12.3M | 0.01% |
623,785
+222,820
| +56% | +$4.96M |
|
|
NFYS
1732
DELISTED
Enphys Acquisition Corp.
NFYS
| $12.3M | 0.01% |
1,200,000
| – | – |
|
1733
Cheesecake Factory
CAKE
$5.04B
| $12.2M | 0.01% |
349,249
-168,188
| -33% | -$6.26M |
|
1734
StoneCo
STNE
$2.77B
| $12.2M | 0.01% |
1,281,874
-2,180,310
| -63% | -$20.9M |
|
1735
AngioDynamics
ANGO
$611M
| $12.2M | 0.01% |
1,180,811
-772,194
| -40% | -$9.88M |
|
1736
CALL
Starbucks
SBUX
$120B
| $12.2M | 0.01% |
117,200
-257,600
| -69% | -$26.8M |
|
|
GES
1737
DELISTED
Guess Inc
GES
| $12.2M | 0.01% |
626,617
+403,143
| +180% | +$8.65M |
|
1738
PUT
BioMarin Pharmaceuticals
BMRN
$11.6B
| $12.2M | 0.01% |
+125,300
| New | +$13M |
|
1739
PUT
Li Auto
LI
$13.4B
| $12.2M | 0.01% |
487,600
+87,600
| +22% | +$2.07M |
|
|
HCVI
1740
DELISTED
Hennessy Capital Investment Corp. VI Class A Common Stock
HCVI
| $12.2M | 0.01% |
1,203,462
-2,638
| -0.2% | -$26.5K |
|
|
MODV
1741
DELISTED
ModivCare
MODV
| $12.1M | 0.01% |
144,442
+106,201
| +278% | +$10.2M |
|
1742
WisdomTree
WT
$2.96B
| $12.1M | 0.01% |
2,072,075
+267,710
| +15% | +$1.56M |
|
1743
iShares ESG Aware MSCI USA ETF
ESGU
$17.9B
| $12.1M | 0.01% |
+134,234
| New | +$11.9M |
|
1744
The Joint Corp
JYNT
$118M
| $12.1M | 0.01% |
721,416
+158,972
| +28% | +$2.63M |
|
|
MDRX
1745
DELISTED
Veradigm Inc. Common Stock
MDRX
| $12.1M | 0.01% |
928,252
-328,147
| -26% | -$5.31M |
|
1746
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $12.1M | 0.01% |
122,082
+71,140
| +140% | +$6.95M |
|
1747
TTEC Holdings
TTEC
$121M
| $12.1M | 0.01% |
324,868
+158,337
| +95% | +$7.09M |
|
|
CHUY
1748
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $12.1M | 0.01% |
336,450
+257,439
| +326% | +$8.79M |
|
|
TCN
1749
DELISTED
Tricon Residential Inc.
TCN
| $12M | 0.01% |
1,553,312
+341,434
| +28% | +$2.81M |
|
1750
PUT
APA Corp
APA
$13.2B
| $12M | 0.01% |
332,400
+281,300
| +550% | +$11.3M |
|
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.