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 | |
|---|---|---|---|---|---|---|
2901
CALL
C.H. Robinson
CHRW
$17.1B
| $4.66M | ﹤0.01% |
48,400
+34,200
| +241% | +$3.67M |
|
|
FNVT
2902
DELISTED
Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
| $4.66M | ﹤0.01% |
461,679
+279,350
| +153% | +$2.8M |
|
|
HMA
2903
DELISTED
Heartland Media Acquisition Corp.
HMA
| $4.65M | ﹤0.01% |
+467,080
| New | +$4.66M |
|
2904
CALL
Alcon
ALC
$34.8B
| $4.65M | ﹤0.01% |
+80,000
| New | +$5.55M |
|
|
2905
PUT
Alcon
ALC
$34.8B
| $4.65M | ﹤0.01% |
+80,000
| New | +$5.55M |
|
2906
PUT
Teradyne
TER
$59.3B
| $4.64M | ﹤0.01% |
61,800
+49,500
| +402% | +$4.51M |
|
2907
CALL
Lamb Weston
LW
$7.15B
| $4.64M | ﹤0.01% |
+60,000
| New | +$4.69M |
|
|
2908
PUT
Lamb Weston
LW
$7.15B
| $4.64M | ﹤0.01% |
+60,000
| New | +$4.69M |
|
2909
Mueller Industries
MLI
$15.3B
| $4.64M | ﹤0.01% |
312,228
+78,964
| +34% | +$1.23M |
|
|
TCOA
2910
DELISTED
Zalatoris Acquisition Corp.
TCOA
| $4.64M | ﹤0.01% |
468,015
| – | – |
|
|
LOVE
2911
LoveSac
LOVE
$256M
| $4.64M | ﹤0.01% |
227,479
-68,983
| -23% | -$2.12M |
|
2912
CALL
Global Payments
GPN
$23.2B
| $4.63M | ﹤0.01% |
42,800
+8,800
| +26% | +$1.09M |
|
2913
PUT
Relmada Therapeutics
RLMD
$548M
| $4.62M | ﹤0.01% |
124,900
+35,600
| +40% | +$986K |
|
2914
PUT
Avery Dennison
AVY
$13.4B
| $4.62M | ﹤0.01% |
+28,400
| New | +$5.15M |
|
2915
Vanguard S&P 500 ETF
VOO
$1.01T
| $4.62M | ﹤0.01% |
14,060
-12,743
| -48% | -$4.65M |
|
2916
PUT
Norwegian Cruise Line
NCLH
$8.8B
| $4.61M | ﹤0.01% |
406,100
-3,800
| -0.9% | -$50K |
|
2917
CALL
Inspire Medical Systems
INSP
$1.73B
| $4.61M | ﹤0.01% |
26,000
+20,000
| +333% | +$4.02M |
|
2918
OptimizeRx
OPRX
$134M
| $4.61M | ﹤0.01% |
+311,195
| New | +$6.15M |
|
2919
CALL
T. Rowe Price
TROW
$24.3B
| $4.61M | ﹤0.01% |
+43,900
| New | +$5.24M |
|
2920
LiveRamp
RAMP
$2.3B
| $4.61M | ﹤0.01% |
253,587
+95,203
| +60% | +$2.2M |
|
2921
Dana Inc
DAN
$3.05B
| $4.59M | ﹤0.01% |
401,887
+316,704
| +372% | +$4.8M |
|
2922
United Parks & Resorts
PRKS
$2.14B
| $4.59M | ﹤0.01% |
100,830
-22,300
| -18% | -$1.11M |
|
2923
Franklin Electric
FELE
$4.85B
| $4.58M | ﹤0.01% |
56,099
+39,442
| +237% | +$3.36M |
|
2924
Entegris
ENTG
$22.5B
| $4.58M | ﹤0.01% |
55,197
-327,425
| -86% | -$32M |
|
2925
CALL
Autodesk
ADSK
$53.2B
| $4.58M | ﹤0.01% |
24,500
+3,400
| +16% | +$687K |
|
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.