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 |
DRE
Duke Realty Corp.
DRE
|
+$886M |
| 2 |
Chevron
CVX
|
+$595M |
| 3 |
Union Pacific
UNP
|
+$360M |
| 4 |
Baxter International
BAX
|
+$276M |
| 5 |
Xcel Energy
XEL
|
+$252M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$520M |
| 2 |
NXP Semiconductors
NXPI
|
+$248M |
| 3 |
Oracle
ORCL
|
+$242M |
| 4 |
Amgen
AMGN
|
+$197M |
| 5 |
Eli Lilly
LLY
|
+$186M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.12% |
| 2 | Technology | 7.86% |
| 3 | Healthcare | 6.8% |
| 4 | Industrials | 5.01% |
| 5 | Consumer Discretionary | 4.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
Theravance Biopharma
TBPH
$877M
| $6.6M | ﹤0.01% |
+650,558
| New | +$6.1M |
|
|
EPHY
2577
DELISTED
Epiphany Technology Acquisition Corp. Class A Common Stock
EPHY
| $6.59M | ﹤0.01% |
666,713
-1,279
| -0.2% | -$12.6K |
|
2578
First Commonwealth Financial
FCF
$2.17B
| $6.58M | ﹤0.01% |
512,547
+366,546
| +251% | +$5.14M |
|
2579
CALL
Equity Residential
EQR
$25.1B
| $6.57M | ﹤0.01% |
97,800
| – | – |
|
2580
Blackstone
BX
$110B
| $6.57M | ﹤0.01% |
78,491
-1,058,710
| -93% | -$103M |
|
|
MEOA
2581
DELISTED
Minority Equality Opportunities Acquisition Inc. Class A Common Stock
MEOA
| $6.57M | ﹤0.01% |
647,941
| – | – |
|
2582
PUT
Intercontinental Exchange
ICE
$84.4B
| $6.56M | ﹤0.01% |
72,600
-8,800
| -11% | -$882K |
|
|
GOLD
2583
Gold.com Inc
GOLD
$1.26B
| $6.56M | ﹤0.01% |
+230,934
| New | +$7.02M |
|
2584
Jacobs Solutions
J
$17B
| $6.55M | ﹤0.01% |
73,011
-106,960
| -59% | -$11.1M |
|
|
RVNC
2585
DELISTED
Revance Therapeutics, Inc.
RVNC
| $6.55M | ﹤0.01% |
242,683
-227,441
| -48% | -$4.61M |
|
2586
Verde Clean Fuels
VGAS
$29.5M
| $6.55M | ﹤0.01% |
648,743
| – | – |
|
2587
Shopify
SHOP
$195B
| $6.54M | ﹤0.01% |
242,903
-253,738
| -51% | -$8.63M |
|
|
SPCM
2588
DELISTED
Sound Point Acquisition Corp I, Ltd Class A Ordinary Share
SPCM
| $6.54M | ﹤0.01% |
641,313
+341,313
| +114% | +$3.45M |
|
2589
GDS Holdings
GDS
$6.41B
| $6.54M | ﹤0.01% |
370,098
+162,311
| +78% | +$4.26M |
|
2590
Expensify
EXFY
$245M
| $6.53M | ﹤0.01% |
+439,025
| New | +$8.2M |
|
2591
Weatherford International
WFRD
$6.22B
| $6.53M | ﹤0.01% |
202,176
-114,501
| -36% | -$2.86M |
|
|
ONC
2592
BeOne Medicines Ltd
ONC
$39.4B
| $6.52M | ﹤0.01% |
48,388
+12,160
| +34% | +$2.09M |
|
|
EXAS
2593
DELISTED
Exact Sciences
EXAS
| $6.51M | ﹤0.01% |
+200,517
| New | +$8.27M |
|
|
AY
2594
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $6.51M | ﹤0.01% |
247,635
+27,996
| +13% | +$926K |
|
2595
Impinj
PI
$5.6B
| $6.5M | ﹤0.01% |
+81,200
| New | +$6.76M |
|
|
IBER
2596
DELISTED
Ibere Pharmaceuticals
IBER
| $6.47M | ﹤0.01% |
652,664
+188,697
| +41% | +$1.86M |
|
2597
Altimmune
ALT
$599M
| $6.46M | ﹤0.01% |
505,727
-318,921
| -39% | -$4.71M |
|
2598
Zillow
Z
$7.56B
| $6.45M | ﹤0.01% |
225,416
-1,977,634
| -90% | -$68.7M |
|
|
TGR
2599
DELISTED
Kimbell Tiger Acquisition Corporation
TGR
| $6.43M | ﹤0.01% |
635,000
+210,000
| +49% | +$2.12M |
|
2600
Vista Energy
VIST
$7.32B
| $6.43M | ﹤0.01% |
+682,520
| New | +$5.87M |
|
Similar funds
Millennium Management's Q3 2022 Portfolio in Review
As of Q3 2022, Millennium Management held 7,917 positions worth $169B, up 4.9% from $161B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $14.7B of net new capital in Q3 2022, opening 1,007 new positions and adding to 2,598 existing holdings. Its largest new stake was Rockwell Automation: 953,525 shares worth $205M.
By sector, the portfolio is most concentrated in Financials at 8.1% of assets, up from 7.6% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $520M trimmed.
- Millennium Management's largest Q3 2022 buy was Rockwell Automation: 953,525 shares worth $205M.
- Millennium Management added most to Duke Realty Corp. in Q3 2022, an estimated $886M increase.
- Millennium Management's biggest Q3 2022 reduction was Invesco QQQ Trust, cutting an estimated $520M.
- Millennium Management fully exited Coherent Inc in Q3 2022, selling an estimated $114M.
- Millennium Management's ten largest holdings make up 23% of its $169B portfolio in Q3 2022.
- Millennium Management opened 1,007 new positions and closed 906 in Q3 2022.
- Millennium Management's portfolio value rose 4.9% quarter-over-quarter to $169B.
Based on Millennium Management's 13F filing for Q3 2022, filed 14 Nov 2022.