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 | |
|---|---|---|---|---|---|---|
|
MRNS
2326
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $6.42M | ﹤0.01% |
930,766
-151,993
| -14% | -$953K |
|
2327
Ameris Bancorp
ABCB
$5.95B
| $6.41M | ﹤0.01% |
175,334
-161,388
| -48% | -$7.26M |
|
2328
Hilltop Holdings
HTH
$2.28B
| $6.41M | ﹤0.01% |
215,862
+178,150
| +472% | +$5.62M |
|
2329
PUT
iShares MSCI Brazil ETF
EWZ
$9.23B
| $6.4M | ﹤0.01% |
+233,700
| New | +$6.55M |
|
2330
PUT
Suncor Energy
SU
$77.6B
| $6.4M | ﹤0.01% |
+153,300
| New | +$4.99M |
|
2331
ICICI Bank
IBN
$108B
| $6.39M | ﹤0.01% |
296,203
+42,229
| +17% | +$881K |
|
2332
PUT
3M
MMM
$91.4B
| $6.39M | ﹤0.01% |
72,717
-22,126
| -23% | -$2.09M |
|
2333
PUT
Iron Mountain
IRM
$37B
| $6.37M | ﹤0.01% |
+120,400
| New | +$6.31M |
|
2334
CALL
Universal Health Services
UHS
$10.3B
| $6.36M | ﹤0.01% |
50,000
+43,900
| +720% | +$6.06M |
|
|
ASAI
2335
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
| $6.35M | ﹤0.01% |
+412,504
| New | +$7.29M |
|
|
STKL
2336
DELISTED
SunOpta
STKL
| $6.35M | ﹤0.01% |
825,587
+670,090
| +431% | +$5.36M |
|
2337
Community Bank
CBU
$3.51B
| $6.35M | ﹤0.01% |
120,895
-65,113
| -35% | -$3.81M |
|
2338
CALL
State Street SPDR S&P Retail ETF
XRT
$330M
| $6.34M | ﹤0.01% |
+100,000
| New | +$6.57M |
|
2339
CALL
ARK Innovation ETF
ARKK
$5.84B
| $6.34M | ﹤0.01% |
157,200
+37,200
| +31% | +$1.43M |
|
2340
1st Source
SRCE
$2.18B
| $6.33M | ﹤0.01% |
146,819
+54,547
| +59% | +$2.67M |
|
2341
Oxford Industries
OXM
$569M
| $6.33M | ﹤0.01% |
59,929
+35,179
| +142% | +$3.93M |
|
2342
Univest Financial
UVSP
$1.23B
| $6.32M | ﹤0.01% |
266,065
+66,042
| +33% | +$1.75M |
|
2343
PUT
M&T Bank
MTB
$36.1B
| $6.31M | ﹤0.01% |
52,800
+26,800
| +103% | +$3.89M |
|
2344
Aurora
AUR
$13.4B
| $6.3M | ﹤0.01% |
4,535,740
-260,941
| -5% | -$386K |
|
2345
Wabash National
WNC
$501M
| $6.3M | ﹤0.01% |
256,407
-949,855
| -79% | -$24.6M |
|
2346
Illumina
ILMN
$30.3B
| $6.3M | ﹤0.01% |
27,849
+24,863
| +833% | +$5.09M |
|
2347
Stratasys
SSYS
$701M
| $6.3M | ﹤0.01% |
380,918
-143,348
| -27% | -$2.02M |
|
2348
CALL
Blackrock
BLK
$175B
| $6.29M | ﹤0.01% |
9,400
-4,200
| -31% | -$2.96M |
|
2349
CALL
Teradyne
TER
$57.3B
| $6.29M | ﹤0.01% |
58,500
-37,300
| -39% | -$3.81M |
|
2350
Park Aerospace
PKE
$771M
| $6.28M | ﹤0.01% |
+466,602
| New | +$6.58M |
|
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.