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 | |
|---|---|---|---|---|---|---|
|
XAGE
1951
DELISTED
Longevity Health Holdings, Inc. Common Stock
XAGE
| $9.72M | 0.01% |
31,908
-120
| -0.4% | -$36.2K |
|
1952
PROG Holdings
PRG
$1.75B
| $9.71M | 0.01% |
408,054
-279,243
| -41% | -$6.28M |
|
|
INZY
1953
DELISTED
Inozyme Pharma
INZY
| $9.69M | 0.01% |
1,691,075
+1,393,139
| +468% | +$3.68M |
|
1954
Li Auto
LI
$13.4B
| $9.67M | 0.01% |
612,049
+318,194
| +108% | +$7.52M |
|
1955
Cemex
CX
$17.1B
| $9.65M | 0.01% |
1,744,643
+1,694,692
| +3,393% | +$8.61M |
|
1956
NerdWallet
NRDS
$592M
| $9.65M | 0.01% |
596,256
+554,497
| +1,328% | +$8.35M |
|
1957
PUT
Marathon Petroleum
MPC
$92.4B
| $9.64M | 0.01% |
71,500
-799,400
| -92% | -$100M |
|
1958
MasterBrand
MBC
$1.06B
| $9.61M | 0.01% |
1,195,576
+303,277
| +34% | +$2.67M |
|
|
PPL
1959
PUT
PPL Corp
PPL
$26.5B
| $9.61M | 0.01% |
345,700
+10,700
| +3% | +$303K |
|
1960
CALL
Range Resources
RRC
$9.38B
| $9.61M | 0.01% |
362,900
+143,400
| +65% | +$3.61M |
|
1961
Liberty Media Series A
FWONA
$22.5B
| $9.59M | 0.01% |
148,428
+6,455
| +5% | +$389K |
|
1962
Provident Financial Services
PFS
$3.22B
| $9.59M | 0.01% |
499,954
+300,150
| +150% | +$6.64M |
|
1963
Allient
ALNT
$1.49B
| $9.57M | 0.01% |
247,505
+108,716
| +78% | +$4.31M |
|
1964
PUT
PNC Financial Services
PNC
$99.7B
| $9.56M | 0.01% |
75,200
-110,500
| -60% | -$16.7M |
|
1965
Amcor
AMCR
$20.8B
| $9.55M | 0.01% |
167,924
+159,507
| +1,895% | +$9.14M |
|
1966
CALL
NetApp
NTAP
$35B
| $9.55M | 0.01% |
+149,500
| New | +$9.66M |
|
1967
Oaktree Specialty Lending
OCSL
$1.02B
| $9.54M | 0.01% |
508,548
-283,044
| -36% | -$5.64M |
|
1968
PUT
Electronic Arts
EA
$53B
| $9.54M | 0.01% |
79,200
-469,100
| -86% | -$55.1M |
|
1969
CALL
Oneok
OKE
$57.2B
| $9.53M | 0.01% |
150,000
-134,800
| -47% | -$8.96M |
|
1970
Freshpet
FRPT
$2.93B
| $9.52M | 0.01% |
143,837
+122,142
| +563% | +$7.5M |
|
1971
GoDaddy
GDDY
$11B
| $9.52M | 0.01% |
122,493
+100,774
| +464% | +$7.78M |
|
1972
JD.com
JD
$44.6B
| $9.52M | 0.01% |
241,349
-225,128
| -48% | -$11.6M |
|
1973
FerroAtlántica
GSM
$594M
| $9.52M | 0.01% |
1,926,511
-3,481,962
| -64% | -$16.1M |
|
1974
CALL
FedEx
FDX
$72.7B
| $9.51M | 0.01% |
41,600
-81,000
| -66% | -$16.4M |
|
1975
CALL
Ameriprise Financial
AMP
$48.3B
| $9.5M | 0.01% |
31,000
+13,500
| +77% | +$4.42M |
|
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.