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 | |
|---|---|---|---|---|---|---|
2251
Viavi Solutions
VIAV
$9.28B
| $6.94M | ﹤0.01% |
641,082
+456,908
| +248% | +$4.98M |
|
2252
CALL
Scotiabank
BNS
$107B
| $6.94M | ﹤0.01% |
102,600
+96,900
| +1,700% | +$4.97M |
|
2253
PUT
Nucor
NUE
$59B
| $6.92M | ﹤0.01% |
44,800
+43,000
| +2,389% | +$6.84M |
|
2254
Barings BDC
BBDC
$878M
| $6.92M | ﹤0.01% |
871,189
+306,695
| +54% | +$2.57M |
|
2255
CALL
Teleflex
TFX
$6.22B
| $6.92M | ﹤0.01% |
27,300
-27,700
| -50% | -$6.71M |
|
2256
Rigel Pharmaceuticals
RIGL
$678M
| $6.91M | ﹤0.01% |
523,712
+204,884
| +64% | +$3.26M |
|
2257
First Bancorp
FBP
$4.45B
| $6.91M | ﹤0.01% |
604,969
-343,698
| -36% | -$4.52M |
|
2258
Mercer International
MERC
$45.2M
| $6.91M | ﹤0.01% |
706,690
+555,505
| +367% | +$6.26M |
|
2259
RadNet
RDNT
$5.3B
| $6.88M | ﹤0.01% |
275,055
+258,577
| +1,569% | +$5.62M |
|
2260
Gossamer Bio
GOSS
$82.6M
| $6.88M | ﹤0.01% |
5,460,380
+834,869
| +18% | +$1.6M |
|
2261
OraSure Technologies
OSUR
$286M
| $6.87M | ﹤0.01% |
1,135,228
-839,097
| -43% | -$4.74M |
|
2262
ZIM Integrated Shipping Services
ZIM
$3.13B
| $6.86M | ﹤0.01% |
290,796
-1,244,964
| -81% | -$26.1M |
|
2263
Aflac
AFL
$64.5B
| $6.86M | ﹤0.01% |
106,241
-175,695
| -62% | -$12M |
|
|
CHX
2264
DELISTED
ChampionX
CHX
| $6.86M | ﹤0.01% |
252,671
+129,647
| +105% | +$3.87M |
|
2265
iShares US Real Estate ETF
IYR
$4.66B
| $6.85M | ﹤0.01% |
80,682
+49,455
| +158% | +$4.33M |
|
|
PARA
2266
CALL
DELISTED
Paramount Global Class B
PARA
| $6.84M | ﹤0.01% |
306,700
-71,700
| -19% | -$1.54M |
|
2267
Invesco S&P 500 Equal Weight ETF
RSP
$97.9B
| $6.84M | ﹤0.01% |
47,302
+24,634
| +109% | +$3.61M |
|
2268
Dr. Reddy's Laboratories
RDY
$10B
| $6.83M | ﹤0.01% |
599,915
+493,120
| +462% | +$5.32M |
|
2269
CALL
Estee Lauder
EL
$30.5B
| $6.83M | ﹤0.01% |
27,700
+25,800
| +1,358% | +$6.55M |
|
2270
PUT
Phillips 66
PSX
$83.6B
| $6.82M | ﹤0.01% |
67,300
-179,700
| -73% | -$18.3M |
|
2271
Sixth Street Specialty
TSLX
$1.68B
| $6.82M | ﹤0.01% |
372,751
-286,508
| -43% | -$5.31M |
|
|
AHRN
2272
DELISTED
Ahren Acquisition Corp
AHRN
| $6.82M | ﹤0.01% |
655,000
-784,990
| -55% | -$8.11M |
|
2273
Milestone Pharmaceuticals
MIST
$137M
| $6.81M | ﹤0.01% |
1,729,022
-266,007
| -13% | -$972K |
|
2274
PUT
iRhythm Holdings
IRTC
$4.03B
| $6.81M | ﹤0.01% |
+54,900
| New | +$5.95M |
|
2275
YPF
YPF
$202B
| $6.79M | ﹤0.01% |
617,965
-710,476
| -53% | -$7.82M |
|
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.