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 | |
|---|---|---|---|---|---|---|
1751
Healthcare Services Group
HCSG
$1.6B
| $12M | 0.01% |
863,834
+213,617
| +33% | +$2.81M |
|
1752
Revolution Medicines
RVMD
$39.9B
| $12M | 0.01% |
553,051
+435,447
| +370% | +$10.7M |
|
1753
CALL
Bio-Rad Laboratories Class A
BIO
$8.71B
| $12M | 0.01% |
+25,000
| New | +$11.7M |
|
1754
Tandem Diabetes Care
TNDM
$1.34B
| $12M | 0.01% |
294,904
-318,431
| -52% | -$13.2M |
|
1755
Middlesex Water
MSEX
$1.08B
| $12M | 0.01% |
153,233
+36,851
| +32% | +$2.97M |
|
1756
Liberty Broadband Class C
LBRDK
$4.88B
| $12M | 0.01% |
146,513
-367,174
| -71% | -$31.7M |
|
1757
Vanda Pharmaceuticals
VNDA
$307M
| $12M | 0.01% |
1,761,728
-22,017
| -1% | -$155K |
|
1758
PUT
Tyson Foods
TSN
$20.4B
| $12M | 0.01% |
201,500
-619,800
| -75% | -$38M |
|
|
CTLT
1759
CALL
DELISTED
CATALENT, INC.
CTLT
| $11.9M | 0.01% |
181,800
+101,800
| +127% | +$6.29M |
|
1760
PUT
Blackstone
BX
$102B
| $11.9M | 0.01% |
135,900
-91,600
| -40% | -$8.09M |
|
1761
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $11.9M | 0.01% |
295,400
-1,223,600
| -81% | -$49.5M |
|
1762
Victory Capital Holdings
VCTR
$6.19B
| $11.9M | 0.01% |
406,683
+214,555
| +112% | +$6.53M |
|
|
SHYF
1763
DELISTED
The Shyft Group
SHYF
| $11.9M | 0.01% |
522,022
-48,902
| -9% | -$1.37M |
|
|
MRC
1764
DELISTED
MRC Global
MRC
| $11.8M | 0.01% |
1,219,026
+94,964
| +8% | +$1.08M |
|
1765
HUTCHMED
HCM
$1.93B
| $11.8M | 0.01% |
908,406
+38,384
| +4% | +$629K |
|
1766
CALL
CenterPoint Energy
CNP
$27.7B
| $11.8M | 0.01% |
401,000
+1,000
| +0.3% | +$29.2K |
|
1767
Blackstone Secured Lending
BXSL
$5.37B
| $11.8M | 0.01% |
473,743
+113,540
| +32% | +$2.78M |
|
1768
Loews
L
$23.9B
| $11.8M | 0.01% |
203,412
+74,003
| +57% | +$4.39M |
|
1769
Parsons
PSN
$4.72B
| $11.8M | 0.01% |
263,727
-110,902
| -30% | -$4.87M |
|
1770
Lithia Motors
LAD
$8.47B
| $11.8M | 0.01% |
51,472
+28,097
| +120% | +$6.83M |
|
1771
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $11.8M | 0.01% |
268,309
+90,880
| +51% | +$5.16M |
|
1772
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $11.7M | 0.01% |
346,600
-1,142,400
| -77% | -$38.7M |
|
1773
iShares Core S&P Small-Cap ETF
IJR
$109B
| $11.7M | 0.01% |
+121,033
| New | +$12.1M |
|
1774
CALL
Equinix
EQIX
$101B
| $11.7M | 0.01% |
+16,200
| New | +$11.4M |
|
1775
CALL
Cognizant
CTSH
$24.9B
| $11.7M | 0.01% |
191,200
+89,800
| +89% | +$5.62M |
|
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.