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 | |
|---|---|---|---|---|---|---|
1901
NetEase
NTES
$85.3B
| $10.3M | 0.01% |
116,900
-207,071
| -64% | -$17.8M |
|
1902
CALL
Sarepta Therapeutics
SRPT
$1.57B
| $10.3M | 0.01% |
+75,000
| New | +$9.73M |
|
1903
Winnebago Industries
WGO
$856M
| $10.3M | 0.01% |
179,000
+154,714
| +637% | +$9.44M |
|
|
SCS
1904
DELISTED
Steelcase
SCS
| $10.3M | 0.01% |
1,226,055
+821,876
| +203% | +$6.31M |
|
1905
FS KKR Capital
FSK
$2.96B
| $10.3M | 0.01% |
557,064
-201,949
| -27% | -$3.83M |
|
|
MTVC
1906
DELISTED
Motive Capital Corp II
MTVC
| $10.3M | 0.01% |
985,000
-653,587
| -40% | -$6.76M |
|
1907
Terex
TEX
$7.18B
| $10.3M | 0.01% |
212,336
+125,827
| +145% | +$6.43M |
|
1908
PUT
iShares MSCI Canada ETF
EWC
$6.13B
| $10.3M | 0.01% |
300,000
-1,100,000
| -79% | -$37.7M |
|
|
HOLX
1909
DELISTED
Hologic
HOLX
| $10.3M | 0.01% |
+127,018
| New | +$10.2M |
|
1910
PUT
Trade Desk
TTD
$8.48B
| $10.2M | 0.01% |
+168,000
| New | +$8.94M |
|
1911
PUT
Southwest Airlines
LUV
$22B
| $10.2M | 0.01% |
314,100
-186,500
| -37% | -$6.34M |
|
1912
Bausch Health
BHC
$2.58B
| $10.2M | 0.01% |
1,262,103
-217,925
| -15% | -$1.75M |
|
|
PEGR
1913
DELISTED
Project Energy Reimagined Acquisition Corp. Class A Ordinary Share
PEGR
| $10.2M | 0.01% |
1,000,000
-716,723
| -42% | -$7.27M |
|
1914
CALL
Wayfair
W
$11.2B
| $10.2M | 0.01% |
296,100
+146,700
| +98% | +$6.5M |
|
|
NAPA
1915
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $10.2M | 0.01% |
638,633
-285,909
| -31% | -$4.5M |
|
1916
CareTrust REIT
CTRE
$9.91B
| $10.1M | 0.01% |
517,661
-622,582
| -55% | -$12.2M |
|
|
VRAY
1917
DELISTED
ViewRay, Inc.
VRAY
| $10.1M | 0.01% |
2,926,163
+806,981
| +38% | +$3.42M |
|
1918
PUT
TSMC
TSM
$2.1T
| $10.1M | 0.01% |
108,700
-215,100
| -66% | -$19.3M |
|
|
LADR
1919
Ladder Capital
LADR
$1.21B
| $10.1M | 0.01% |
1,068,513
-155,091
| -13% | -$1.64M |
|
|
VNET
1920
VNET Group
VNET
$2.04B
| $10.1M | 0.01% |
3,114,900
+913,227
| +41% | +$4.46M |
|
1921
Dine Brands
DIN
$456M
| $10.1M | 0.01% |
148,992
+97,036
| +187% | +$7.12M |
|
|
BACA
1922
DELISTED
Berenson Acquisition Corp. I
BACA
| $10.1M | 0.01% |
1,002,490
| – | – |
|
1923
Richardson Electronics
RELL
$267M
| $10.1M | 0.01% |
451,086
+91,082
| +25% | +$2.01M |
|
1924
Veeco
VECO
$3.05B
| $10.1M | 0.01% |
476,500
-638,728
| -57% | -$13.1M |
|
1925
Mohawk Industries
MHK
$7.5B
| $10M | 0.01% |
100,208
+94,870
| +1,777% | +$10.3M |
|
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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.