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 | |
|---|---|---|---|---|---|---|
2151
Axos Financial
AX
$5.89B
| $7.88M | ﹤0.01% |
213,345
-350,710
| -62% | -$15.1M |
|
2152
RPM International
RPM
$14B
| $7.88M | ﹤0.01% |
90,263
-300,114
| -77% | -$26.3M |
|
2153
Invesco Senior Loan ETF
BKLN
$6.78B
| $7.86M | ﹤0.01% |
378,004
+139,497
| +58% | +$2.92M |
|
2154
Brookdale Senior Living
BKD
$3.55B
| $7.86M | ﹤0.01% |
2,663,640
-1,536,635
| -37% | -$4.41M |
|
2155
PUT
Tractor Supply
TSCO
$16.7B
| $7.85M | ﹤0.01% |
167,000
+16,000
| +11% | +$729K |
|
2156
PUT
Otis Worldwide
OTIS
$27.8B
| $7.85M | ﹤0.01% |
+93,000
| New | +$7.7M |
|
2157
MSC Industrial Direct
MSM
$6.99B
| $7.85M | ﹤0.01% |
+93,413
| New | +$7.74M |
|
2158
Cytokinetics
CYTK
$10.4B
| $7.84M | ﹤0.01% |
222,695
+34,726
| +18% | +$1.42M |
|
|
FICV
2159
DELISTED
Frontier Investment Corp Class A Ordinary Shares
FICV
| $7.84M | ﹤0.01% |
766,829
-192,970
| -20% | -$1.96M |
|
2160
Archer Daniels Midland
ADM
$37.7B
| $7.82M | ﹤0.01% |
98,192
-919,715
| -90% | -$75.1M |
|
2161
Enerpac Tool Group
EPAC
$1.86B
| $7.81M | ﹤0.01% |
306,317
-169,271
| -36% | -$4.47M |
|
2162
CALL
ProShares Ultra Silver
AGQ
$1.1B
| $7.81M | ﹤0.01% |
+250,000
| New | +$6.96M |
|
2163
LegalZoom.com
LZ
$1.42B
| $7.81M | ﹤0.01% |
832,164
-1,831,473
| -69% | -$15.5M |
|
2164
Metropolitan Bank Holding Corp
MCB
$1.16B
| $7.8M | ﹤0.01% |
230,187
+100,815
| +78% | +$5.23M |
|
|
XFIN
2165
DELISTED
ExcelFin Acquisition Corp Class A Common Stock
XFIN
| $7.79M | ﹤0.01% |
750,000
-213
| -0% | -$2.2K |
|
|
DICE
2166
DELISTED
DICE Therapeutics, Inc. Common Stock
DICE
| $7.78M | ﹤0.01% |
271,574
+61,262
| +29% | +$1.81M |
|
2167
Dominion Energy
D
$60.7B
| $7.77M | ﹤0.01% |
139,001
-1,110,412
| -89% | -$65M |
|
2168
PUT
Oneok
OKE
$55.8B
| $7.75M | ﹤0.01% |
121,900
-229,500
| -65% | -$15.2M |
|
2169
CRH
CRH
$63.7B
| $7.73M | ﹤0.01% |
151,908
+44,427
| +41% | +$2.1M |
|
2170
Expensify
EXFY
$177M
| $7.72M | ﹤0.01% |
946,779
+244,272
| +35% | +$2.17M |
|
2171
Heritage Financial
HFWA
$1.23B
| $7.72M | ﹤0.01% |
360,566
+53,464
| +17% | +$1.44M |
|
|
MTLS
2172
Materialise
MTLS
$374M
| $7.71M | ﹤0.01% |
929,400
+368,223
| +66% | +$3.31M |
|
2173
PUT
Skyworks Solutions
SWKS
$9.07B
| $7.7M | ﹤0.01% |
65,300
+33,300
| +104% | +$3.69M |
|
2174
iShares Core MSCI EAFE ETF
IEFA
$191B
| $7.7M | ﹤0.01% |
115,201
+9,371
| +9% | +$614K |
|
2175
PUT
Textron
TXT
$14.9B
| $7.7M | ﹤0.01% |
109,000
+3,900
| +4% | +$278K |
|
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.