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 | |
|---|---|---|---|---|---|---|
|
TRTL
1851
DELISTED
TortoiseEcofin Acquisition Corp. III
TRTL
| $10.7M | 0.01% |
1,050,100
-605,800
| -37% | -$6.14M |
|
|
UCB
1852
United Community Banks
UCB
$4.24B
| $10.7M | 0.01% |
381,519
-251,658
| -40% | -$7.95M |
|
1853
FIGS
FIGS
$1.79B
| $10.7M | 0.01% |
1,730,784
+1,560,114
| +914% | +$12M |
|
|
ECHO
1854
EchoStar
ECHO
$24.4B
| $10.7M | 0.01% |
585,405
-556,712
| -49% | -$10.2M |
|
|
PYCR
1855
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $10.7M | 0.01% |
403,555
+285,619
| +242% | +$7.06M |
|
1856
Peabody Energy
BTU
$2.6B
| $10.7M | 0.01% |
417,764
+312,281
| +296% | +$8.3M |
|
1857
PUT
Intercontinental Exchange
ICE
$85.6B
| $10.7M | 0.01% |
102,500
+82,800
| +420% | +$8.62M |
|
1858
Expro Ltd
XPRO
$1.79B
| $10.7M | 0.01% |
581,540
+68,181
| +13% | +$1.34M |
|
1859
CALL
3M
MMM
$90.9B
| $10.7M | 0.01% |
121,394
-233,579
| -66% | -$22M |
|
1860
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $10.7M | 0.01% |
132,796
-316,204
| -70% | -$25.1M |
|
|
BIG
1861
DELISTED
Big Lots, Inc.
BIG
| $10.6M | 0.01% |
+971,041
| New | +$14.7M |
|
1862
8x8 Inc
EGHT
$269M
| $10.6M | 0.01% |
2,551,007
+1,092,689
| +75% | +$5.46M |
|
1863
PRA Group
PRAA
$663M
| $10.6M | 0.01% |
273,023
-58,845
| -18% | -$2.31M |
|
1864
CALL
United States Oil Fund
USO
$2.15B
| $10.6M | 0.01% |
+160,000
| New | +$10.7M |
|
1865
Diamondrock Hospitality Co
DRH
$2.71B
| $10.6M | 0.01% |
1,305,767
-320,347
| -20% | -$2.77M |
|
1866
Truist Financial
TFC
$63.3B
| $10.6M | 0.01% |
311,327
-1,885,636
| -86% | -$82.3M |
|
1867
CEMIG Preferred Shares
CIG
$6.26B
| $10.6M | 0.01% |
6,157,468
-6,313,762
| -51% | -$10.1M |
|
1868
CALL
VICI Properties
VICI
$29B
| $10.6M | 0.01% |
325,100
-84,600
| -21% | -$2.8M |
|
1869
Telephone and Data Systems
TDS
$3.82B
| $10.6M | 0.01% |
1,008,071
-619,742
| -38% | -$7.23M |
|
1870
HealthStream
HSTM
$819M
| $10.6M | 0.01% |
390,819
+85,201
| +28% | +$2.12M |
|
1871
Warby Parker
WRBY
$3.28B
| $10.6M | 0.01% |
999,397
+938,111
| +1,531% | +$12.8M |
|
1872
CALL
PNC Financial Services
PNC
$99.7B
| $10.6M | 0.01% |
83,200
-127,200
| -60% | -$19.2M |
|
1873
Academy Sports + Outdoors
ASO
$2.94B
| $10.6M | 0.01% |
161,855
-2,774
| -2% | -$163K |
|
1874
Sasol
SSL
$7.5B
| $10.6M | 0.01% |
773,307
+373,974
| +94% | +$5.81M |
|
1875
CALL
Antero Resources
AR
$11.1B
| $10.6M | 0.01% |
456,900
+372,800
| +443% | +$9.82M |
|
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.