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 | |
|---|---|---|---|---|---|---|
1826
Franklin Covey
FC
$242M
| $11M | 0.01% |
286,379
-33,579
| -10% | -$1.55M |
|
1827
Accenture
ACN
$102B
| $11M | 0.01% |
38,543
-520,447
| -93% | -$142M |
|
|
B
1828
CALL
Barrick Mining
B
$61.5B
| $11M | 0.01% |
592,800
+114,900
| +24% | +$2.06M |
|
|
CVSA
1829
Covista Inc
CVSA
$4.25B
| $11M | 0.01% |
284,990
+137,012
| +93% | +$5.24M |
|
1830
Vanguard Real Estate ETF
VNQ
$39.2B
| $11M | 0.01% |
132,506
-76,621
| -37% | -$6.58M |
|
|
IPG
1831
DELISTED
Interpublic Group of Companies
IPG
| $11M | 0.01% |
295,272
-970,759
| -77% | -$34.9M |
|
1832
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $11M | 0.01% |
147,000
-1,227,200
| -89% | -$89.8M |
|
1833
Old National Bancorp
ONB
$10.2B
| $11M | 0.01% |
761,010
-1,750,479
| -70% | -$29.6M |
|
1834
First Financial Bankshares
FFIN
$5.04B
| $10.9M | 0.01% |
343,258
-169,109
| -33% | -$5.88M |
|
1835
Packaging Corp of America
PKG
$21.9B
| $10.9M | 0.01% |
78,859
-133,288
| -63% | -$18.1M |
|
1836
FirstEnergy
FE
$28B
| $10.9M | 0.01% |
273,138
-751,278
| -73% | -$30.3M |
|
1837
PUT
Alcoa
AA
$11.9B
| $10.9M | 0.01% |
257,000
-27,000
| -10% | -$1.3M |
|
|
SFIX
1838
Stitch Fix
SFIX
$536M
| $10.9M | 0.01% |
2,140,007
-948,458
| -31% | -$4.44M |
|
1839
MGIC Investment
MTG
$6.16B
| $10.9M | 0.01% |
812,895
-4,678,319
| -85% | -$63M |
|
1840
PureCycle Technologies
PCT
$1.28B
| $10.9M | 0.01% |
1,555,935
+1,505,763
| +3,001% | +$10.5M |
|
1841
Core & Main
CNM
$8.23B
| $10.9M | 0.01% |
471,463
-1,092,511
| -70% | -$24.1M |
|
1842
Coherent
COHR
$51.4B
| $10.9M | 0.01% |
285,687
+260,841
| +1,050% | +$10.6M |
|
1843
Watsco Inc
WSO
$12.7B
| $10.9M | 0.01% |
34,167
-121,748
| -78% | -$35.8M |
|
|
ACRO
1844
DELISTED
Acropolis Infrastructure Acquisition Corp
ACRO
| $10.9M | 0.01% |
1,072,292
+116
| +0% | +$1.17K |
|
1845
Blue Bird Corp
BLBD
$2.35B
| $10.8M | 0.01% |
530,910
+284,773
| +116% | +$5.08M |
|
1846
Fox Class A
FOXA
$24.5B
| $10.8M | 0.01% |
318,340
-1,608,477
| -83% | -$54.3M |
|
|
GPMT
1847
Granite Point Mortgage Trust
GPMT
$69M
| $10.8M | 0.01% |
2,176,378
+1,983,254
| +1,027% | +$11.5M |
|
|
SVII
1848
DELISTED
Spring Valley Acquisition Corp II
SVII
| $10.8M | 0.01% |
1,042,000
+312,000
| +43% | +$3.21M |
|
1849
RELX
RELX
$61.8B
| $10.7M | 0.01% |
331,310
+302,399
| +1,046% | +$9.07M |
|
1850
CALL
SLB Ltd
SLB
$73.6B
| $10.7M | 0.01% |
218,700
+49,600
| +29% | +$2.63M |
|
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.