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 | |
|---|---|---|---|---|---|---|
3001
IAMGOLD
IAG
$9.27B
| $4.23M | ﹤0.01% |
3,946,013
-2,587,557
| -40% | -$3.45M |
|
|
CVAC
3002
DELISTED
CureVac
CVAC
| $4.22M | ﹤0.01% |
536,032
+1,831
| +0.3% | +$21.3K |
|
3003
Oaktree Specialty Lending
OCSL
$1.12B
| $4.22M | ﹤0.01% |
234,657
-392,142
| -63% | -$7.98M |
|
3004
PUT
Teladoc Health
TDOC
$1.21B
| $4.21M | ﹤0.01% |
166,100
+51,100
| +44% | +$1.79M |
|
3005
PUT
First Horizon
FHN
$12.1B
| $4.21M | ﹤0.01% |
+183,700
| New | +$4.17M |
|
3006
Seneca Foods Class A
SENEA
$1.13B
| $4.21M | ﹤0.01% |
83,359
+2,737
| +3% | +$151K |
|
|
KAHC.U
3007
DELISTED
KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant
KAHC.U
| $4.21M | ﹤0.01% |
426,493
-1,603
| -0.4% | -$15.8K |
|
|
ISEE
3008
PUT
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $4.2M | ﹤0.01% |
+234,200
| New | +$3.07M |
|
3009
ADMA Biologics
ADMA
$2.25B
| $4.2M | ﹤0.01% |
1,727,003
-4,162,968
| -71% | -$9.99M |
|
3010
Kornit Digital
KRNT
$772M
| $4.2M | ﹤0.01% |
+157,667
| New | +$4.54M |
|
3011
PUT
Twilio
TWLO
$29.3B
| $4.19M | ﹤0.01% |
60,600
-7,700
| -11% | -$615K |
|
|
DISH
3012
CALL
DELISTED
DISH Network Corp.
DISH
| $4.19M | ﹤0.01% |
303,000
+140,300
| +86% | +$2.48M |
|
3013
OceanFirst Financial
OCFC
$1.92B
| $4.19M | ﹤0.01% |
224,646
+130,253
| +138% | +$2.6M |
|
3014
Alpha Teknova
TKNO
$350M
| $4.18M | ﹤0.01% |
1,250,676
+593,695
| +90% | +$3.32M |
|
3015
Assurant
AIZ
$14.7B
| $4.17M | ﹤0.01% |
28,729
-37,028
| -56% | -$6.05M |
|
3016
PUT
Cummins
CMI
$88.7B
| $4.17M | ﹤0.01% |
+20,500
| New | +$4.36M |
|
3017
Vivid Seats
SEAT
$88.6M
| $4.17M | ﹤0.01% |
27,232
+14,876
| +120% | +$2.49M |
|
|
LITT
3018
DELISTED
Logistics Innovation Technologies Corp. Class A Common Stock
LITT
| $4.17M | ﹤0.01% |
426,940
| – | – |
|
3019
Dropbox
DBX
$8.06B
| $4.17M | ﹤0.01% |
201,020
-240,892
| -55% | -$5.4M |
|
3020
PUT
DaVita
DVA
$11.5B
| $4.16M | ﹤0.01% |
50,300
-5,000
| -9% | -$439K |
|
3021
Akamai
AKAM
$17.2B
| $4.16M | ﹤0.01% |
51,774
-335,078
| -87% | -$30.5M |
|
|
RYZ
3022
Ryerson Holding Corp
RYZ
$1.4B
| $4.15M | ﹤0.01% |
161,314
-426,821
| -73% | -$11.4M |
|
|
TCS
3023
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $4.15M | ﹤0.01% |
+56,404
| New | +$5.69M |
|
|
TPGY
3024
DELISTED
TPG Pace Beneficial Finance Corp.
TPGY
| $4.14M | ﹤0.01% |
413,516
| – | – |
|
3025
Pilgrim's Pride
PPC
$6.56B
| $4.14M | ﹤0.01% |
179,745
+25,772
| +17% | +$745K |
|
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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.