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 | |
|---|---|---|---|---|---|---|
|
MOMO
2301
Hello Group
MOMO
$884M
| $6.58M | ﹤0.01% |
723,069
+332,002
| +85% | +$3.17M |
|
2302
CALL
GE HealthCare
GEHC
$31.5B
| $6.58M | ﹤0.01% |
+80,200
| New | +$5.73M |
|
2303
VanEck Junior Gold Miners ETF
GDXJ
$7.07B
| $6.55M | ﹤0.01% |
165,870
+122,859
| +286% | +$4.54M |
|
2304
TransAlta
TAC
$3.9B
| $6.55M | ﹤0.01% |
749,056
-1,676,565
| -69% | -$14.8M |
|
|
SPCM
2305
DELISTED
Sound Point Acquisition Corp I, Ltd Class A Ordinary Share
SPCM
| $6.54M | ﹤0.01% |
620,000
-21,203
| -3% | -$222K |
|
2306
Douglas Dynamics
PLOW
$964M
| $6.53M | ﹤0.01% |
204,843
-52,832
| -21% | -$1.95M |
|
|
SOL
2307
DELISTED
Emeren Group
SOL
| $6.53M | ﹤0.01% |
1,467,738
-700,586
| -32% | -$3.29M |
|
2308
Invesco KBW Bank ETF
KBWB
$6.82B
| $6.52M | ﹤0.01% |
+155,370
| New | +$8.12M |
|
2309
Cato Corp
CATO
$68.9M
| $6.5M | ﹤0.01% |
735,619
+259,848
| +55% | +$2.46M |
|
2310
Genworth Financial
GNW
$3.81B
| $6.5M | ﹤0.01% |
1,294,171
-186,013
| -13% | -$1.03M |
|
2311
Atlas Energy Solutions
AESI
$1.36B
| $6.49M | ﹤0.01% |
+380,990
| New | +$6.25M |
|
2312
Interactive Brokers
IBKR
$39.1B
| $6.48M | ﹤0.01% |
314,068
-4,973,828
| -94% | -$101M |
|
|
PRA
2313
DELISTED
ProAssurance
PRA
| $6.48M | ﹤0.01% |
350,531
+91,682
| +35% | +$1.72M |
|
2314
Franklin Electric
FELE
$4.71B
| $6.47M | ﹤0.01% |
68,768
-155,459
| -69% | -$14M |
|
2315
The Mosaic Company
MOS
$6.91B
| $6.46M | ﹤0.01% |
140,833
-2,351,238
| -94% | -$114M |
|
|
ETRN
2316
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $6.46M | ﹤0.01% |
1,117,449
+393,504
| +54% | +$2.52M |
|
2317
Chegg
CHGG
$115M
| $6.45M | ﹤0.01% |
395,780
+81,281
| +26% | +$1.52M |
|
2318
CALL
T. Rowe Price
TROW
$24.2B
| $6.45M | ﹤0.01% |
57,100
+18,400
| +48% | +$2.1M |
|
2319
iShares Russell 2000 Value ETF
IWN
$14.5B
| $6.45M | ﹤0.01% |
47,047
-6,981
| -13% | -$1.01M |
|
2320
CALL
Snap
SNAP
$8.48B
| $6.45M | ﹤0.01% |
574,900
-747,100
| -57% | -$7.85M |
|
2321
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $6.44M | ﹤0.01% |
+65,000
| New | +$6.35M |
|
2322
CALL
Cencora
COR
$60.2B
| $6.44M | ﹤0.01% |
40,200
-34,800
| -46% | -$5.52M |
|
|
SNBR
2323
DELISTED
Sleep Number
SNBR
| $6.44M | ﹤0.01% |
211,654
+130,972
| +162% | +$4.28M |
|
2324
Antero Midstream
AM
$10.5B
| $6.42M | ﹤0.01% |
612,312
+262,608
| +75% | +$2.79M |
|
2325
First Financial Corp
THFF
$983M
| $6.42M | ﹤0.01% |
171,380
+114,348
| +200% | +$4.91M |
|
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.