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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.62% |
| 3 | Healthcare | 7.1% |
| 4 | Industrials | 5.08% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Domino's
DPZ
$11.8B
| $107M | 0.07% |
274,346
+176,686
| +181% | +$65.4M |
|
277
PUT
Bristol-Myers Squibb
BMY
$131B
| $106M | 0.07% |
1,381,700
-689,100
| -33% | -$52.5M |
|
278
Kraft Heinz
KHC
$29.7B
| $106M | 0.07% |
2,783,285
+2,173,609
| +357% | +$87M |
|
279
Mastercard
MA
$503B
| $106M | 0.07% |
335,445
+77,019
| +30% | +$26.5M |
|
280
iShares Russell 2000 ETF
IWM
$82.2B
| $106M | 0.07% |
623,145
+164,449
| +36% | +$30.3M |
|
281
CVS Health
CVS
$124B
| $105M | 0.07% |
1,137,116
+214,052
| +23% | +$20.9M |
|
282
Nasdaq
NDAQ
$52.8B
| $105M | 0.07% |
2,071,416
+1,009,656
| +95% | +$53.4M |
|
283
Alibaba
BABA
$303B
| $105M | 0.06% |
920,714
+708,853
| +335% | +$69.5M |
|
284
PUT
Adobe
ADBE
$102B
| $105M | 0.06% |
285,900
-222,100
| -44% | -$90.4M |
|
285
PUT
Baidu
BIDU
$36.9B
| $104M | 0.06% |
702,400
-488,900
| -41% | -$64.6M |
|
286
Micron Technology
MU
$1.01T
| $104M | 0.06% |
1,888,073
+620,917
| +49% | +$42.2M |
|
287
PUT
Gilead Sciences
GILD
$161B
| $104M | 0.06% |
1,687,700
-63,500
| -4% | -$3.93M |
|
288
Yum China
YUMC
$16.5B
| $104M | 0.06% |
2,145,456
+2,100,736
| +4,698% | +$88.5M |
|
289
CrowdStrike
CRWD
$210B
| $104M | 0.06% |
2,466,556
-148,644
| -6% | -$6.73M |
|
290
iShares US Real Estate ETF
IYR
$4.64B
| $104M | 0.06% |
1,128,978
+846,030
| +299% | +$84.3M |
|
291
Blackstone
BX
$107B
| $104M | 0.06% |
1,137,201
-481,580
| -30% | -$52M |
|
292
Ameren
AEE
$29.9B
| $103M | 0.06% |
1,144,178
-881,162
| -44% | -$81.6M |
|
293
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $103M | 0.06% |
3,047,000
-2,630,300
| -46% | -$82.4M |
|
294
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14B
| $103M | 0.06% |
1,904,500
-175,000
| -8% | -$10.3M |
|
295
Linde
LIN
$226B
| $102M | 0.06% |
355,861
-117,403
| -25% | -$36.7M |
|
296
PUT
Cisco
CSCO
$477B
| $102M | 0.06% |
2,398,500
-1,138,500
| -32% | -$54.5M |
|
297
Arrow Electronics
ARW
$11.3B
| $101M | 0.06% |
900,692
+75,061
| +9% | +$8.76M |
|
|
BHVN
298
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $101M | 0.06% |
691,902
+680,426
| +5,929% | +$86.9M |
|
299
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.4B
| $100M | 0.06% |
2,852,400
-1,042,600
| -27% | -$37.7M |
|
300
IDEX
IEX
$17.3B
| $99.9M | 0.06% |
550,154
+224,333
| +69% | +$42.3M |
|
Similar funds
Millennium Management's Q2 2022 Portfolio in Review
As of Q2 2022, Millennium Management held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Millennium Management's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Millennium Management added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Millennium Management's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Millennium Management fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Millennium Management's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Millennium Management opened 1,144 new positions and closed 1,065 in Q2 2022.
- Millennium Management's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.