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 | |
|---|---|---|---|---|---|---|
2176
Stem
STEM
$50.5M
| $7.7M | ﹤0.01% |
67,864
+15,819
| +30% | +$2.68M |
|
2177
Lindblad Expeditions
LIND
$2.23B
| $7.64M | ﹤0.01% |
799,665
+208,011
| +35% | +$2.09M |
|
2178
Lemonade
LMND
$4.02B
| $7.64M | ﹤0.01% |
536,133
-198,699
| -27% | -$3.02M |
|
|
RJAC
2179
DELISTED
Jackson Acquisition Company
RJAC
| $7.64M | ﹤0.01% |
742,145
+2,145
| +0.3% | +$21.9K |
|
|
SWAV
2180
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $7.63M | ﹤0.01% |
35,207
-270,618
| -88% | -$52.7M |
|
2181
Wingstop
WING
$3.53B
| $7.63M | ﹤0.01% |
41,572
+29,014
| +231% | +$4.76M |
|
|
DALS
2182
DELISTED
DA32 Life Science Tech Acquisition Corp. Class A Common Stock
DALS
| $7.63M | ﹤0.01% |
754,100
-47,500
| -6% | -$478K |
|
2183
PUT
Conagra Brands
CAG
$7.04B
| $7.63M | ﹤0.01% |
203,100
-155,600
| -43% | -$5.77M |
|
|
HCMA
2184
DELISTED
HCM Acquisition Corp Class A Ordinary Shares
HCMA
| $7.59M | ﹤0.01% |
727,500
-699,450
| -49% | -$7.26M |
|
2185
Interface
TILE
$2.05B
| $7.59M | ﹤0.01% |
934,984
+833,890
| +825% | +$8.21M |
|
2186
Lennox International
LII
$14.6B
| $7.59M | ﹤0.01% |
30,211
-406,173
| -93% | -$103M |
|
|
ACRE
2187
Ares Commercial Real Estate
ACRE
$232M
| $7.58M | ﹤0.01% |
833,998
+304,043
| +57% | +$3.32M |
|
|
RDFN
2188
DELISTED
Redfin
RDFN
| $7.58M | ﹤0.01% |
836,243
+565,759
| +209% | +$4.22M |
|
2189
The RMR Group
RMR
$329M
| $7.54M | ﹤0.01% |
287,429
-66,597
| -19% | -$1.87M |
|
|
ANSS
2190
DELISTED
Ansys
ANSS
| $7.54M | ﹤0.01% |
22,651
-17,370
| -43% | -$4.9M |
|
|
XHR
2191
Xenia Hotels & Resorts
XHR
$1.94B
| $7.52M | ﹤0.01% |
574,452
+556,912
| +3,175% | +$7.69M |
|
|
CPAA
2192
DELISTED
Conyers Park III Acquisition Corp. Class A Common Stock
CPAA
| $7.5M | ﹤0.01% |
735,000
-10,000
| -1% | -$100K |
|
2193
Alamos Gold
AGI
$11.6B
| $7.5M | ﹤0.01% |
614,981
-1,095,692
| -64% | -$11.9M |
|
2194
Diageo
DEO
$49.8B
| $7.49M | ﹤0.01% |
41,363
-181,329
| -81% | -$32M |
|
|
KW
2195
DELISTED
Kennedy-Wilson Holdings
KW
| $7.49M | ﹤0.01% |
451,454
+427,051
| +1,750% | +$7.27M |
|
2196
CALL
Johnson Controls International
JCI
$88.6B
| $7.49M | ﹤0.01% |
124,300
-22,500
| -15% | -$1.44M |
|
|
LBAI
2197
DELISTED
Lakeland Bancorp Inc
LBAI
| $7.46M | ﹤0.01% |
476,993
+184,882
| +63% | +$3.36M |
|
|
DSEY
2198
DELISTED
Diversey Holdings, Ltd. Ordinary Shares
DSEY
| $7.46M | ﹤0.01% |
922,099
+471,575
| +105% | +$2.99M |
|
2199
SK Telecom
SKM
$12.2B
| $7.46M | ﹤0.01% |
363,663
+309,704
| +574% | +$6.33M |
|
|
MFA
2200
MFA Financial
MFA
$938M
| $7.45M | ﹤0.01% |
751,281
-56,379
| -7% | -$598K |
|
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.