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 | |
|---|---|---|---|---|---|---|
2376
Vaalco Energy
EGY
$564M
| $6.15M | ﹤0.01% |
1,358,358
+584,031
| +75% | +$2.67M |
|
2377
Kodiak Sciences
KOD
$2.49B
| $6.14M | ﹤0.01% |
990,221
+591,842
| +149% | +$4.14M |
|
2378
CALL
Regions Financial
RF
$26.9B
| $6.13M | ﹤0.01% |
330,100
+263,200
| +393% | +$5.73M |
|
2379
Outset Medical
OM
$92.5M
| $6.12M | ﹤0.01% |
22,162
+21,436
| +2,953% | +$7.87M |
|
2380
Photronics
PLAB
$1.85B
| $6.11M | ﹤0.01% |
368,426
-76,276
| -17% | -$1.34M |
|
2381
CALL
Carnival Corporation Ltd
CCL
$39.4B
| $6.09M | ﹤0.01% |
600,000
+171,100
| +40% | +$1.77M |
|
2382
Tractor Supply
TSCO
$16.8B
| $6.08M | ﹤0.01% |
129,380
-1,461,880
| -92% | -$66.6M |
|
2383
Criteo S.A. Ordinary Shares
CRTO
$1.07B
| $6.08M | ﹤0.01% |
192,838
-412,907
| -68% | -$12.7M |
|
2384
Federal Agricultural Mortgage
AGM
$2.58B
| $6.07M | ﹤0.01% |
45,607
+33,513
| +277% | +$4.4M |
|
2385
SOPHiA GENETICS
SOPH
$477M
| $6.07M | ﹤0.01% |
1,221,394
+956,861
| +362% | +$3.1M |
|
|
MEKA
2386
DELISTED
MELI Kaszek Pioneer Corp Class A Ordinary Shares
MEKA
| $6.07M | ﹤0.01% |
595,000
| – | – |
|
|
HZNP
2387
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $6.06M | ﹤0.01% |
55,500
-1,229,000
| -96% | -$136M |
|
|
TWCB
2388
DELISTED
Bilander Acquisition Corp. Class A Common Stock
TWCB
| $6.05M | ﹤0.01% |
600,000
| – | – |
|
2389
Microvast
MVST
$274M
| $6.05M | ﹤0.01% |
4,881,390
+2,390,483
| +96% | +$3.47M |
|
2390
S&T Bancorp
STBA
$1.85B
| $6.04M | ﹤0.01% |
192,067
-213,946
| -53% | -$7.46M |
|
2391
Johnson Outdoors
JOUT
$502M
| $6.04M | ﹤0.01% |
95,805
+32,579
| +52% | +$2.1M |
|
|
CMBM
2392
DELISTED
Cambium Networks
CMBM
| $6.03M | ﹤0.01% |
340,382
-45,266
| -12% | -$921K |
|
|
UBA
2393
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $6.01M | ﹤0.01% |
342,280
+150,118
| +78% | +$2.69M |
|
|
RC
2394
Ready Capital
RC
$276M
| $6M | ﹤0.01% |
590,414
+511,041
| +644% | +$5.98M |
|
2395
Korn Ferry
KFY
$4.21B
| $6M | ﹤0.01% |
115,869
+72,982
| +170% | +$3.94M |
|
2396
Inogen
INGN
$182M
| $5.99M | ﹤0.01% |
479,898
+308,449
| +180% | +$5.91M |
|
|
NVEI
2397
CALL
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $5.98M | ﹤0.01% |
+137,400
| New | +$4.79M |
|
2398
CALL
Global X Uranium ETF
URA
$5.66B
| $5.98M | ﹤0.01% |
+300,000
| New | +$6.34M |
|
2399
CALL
Take-Two Interactive
TTWO
$45.8B
| $5.96M | ﹤0.01% |
750,000
-4,000
| -0.5% | -$446K |
|
2400
Manulife Financial
MFC
$74B
| $5.96M | ﹤0.01% |
325,288
-728,806
| -69% | -$13.9M |
|
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.