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
|
+$917M |
| 2 |
Salesforce
CRM
|
+$378M |
| 3 |
Boeing
BA
|
+$297M |
| 4 |
DexCom
DXCM
|
+$292M |
| 5 |
Amazon
AMZN
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$779M |
| 2 |
Chevron
CVX
|
+$569M |
| 3 |
Home Depot
HD
|
+$292M |
| 4 |
PepsiCo
PEP
|
+$259M |
| 5 |
Chubb
CB
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.22% |
| 2 | Healthcare | 7.51% |
| 3 | Financials | 7.44% |
| 4 | Industrials | 5.79% |
| 5 | Consumer Discretionary | 5.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3001
Atlantic Union Bankshares
AUB
$5.97B
| $3.76M | ﹤0.01% |
107,053
+99,582
| +1,333% | +$3.4M |
|
3002
Smith & Nephew
SNN
$12.6B
| $3.76M | ﹤0.01% |
139,834
-11,262
| -7% | -$283K |
|
3003
MGE Energy Inc
MGEE
$3.08B
| $3.75M | ﹤0.01% |
53,276
-130,252
| -71% | -$8.95M |
|
3004
CALL
ARK Innovation ETF
ARKK
$6.29B
| $3.75M | ﹤0.01% |
120,000
-35,700
| -23% | -$1.28M |
|
3005
First Advantage
FA
$4.12B
| $3.75M | ﹤0.01% |
+288,259
| New | +$3.76M |
|
|
ALE
3006
DELISTED
Allete
ALE
| $3.74M | ﹤0.01% |
57,922
-146,821
| -72% | -$8.71M |
|
3007
PUT
Edwards Lifesciences
EW
$51.7B
| $3.73M | ﹤0.01% |
50,000
+4,500
| +10% | +$347K |
|
3008
Macy's
M
$6.68B
| $3.73M | ﹤0.01% |
180,658
-487,203
| -73% | -$9.98M |
|
3009
PUT
argenx
ARGX
$54.1B
| $3.71M | ﹤0.01% |
+9,800
| New | +$3.67M |
|
3010
DXC Technology
DXC
$1.73B
| $3.71M | ﹤0.01% |
139,974
-856,983
| -86% | -$23.8M |
|
3011
WaFd
WAFD
$2.75B
| $3.71M | ﹤0.01% |
110,526
-45,611
| -29% | -$1.59M |
|
3012
Relmada Therapeutics
RLMD
$527M
| $3.71M | ﹤0.01% |
1,061,774
+1,042,044
| +5,282% | +$9.15M |
|
3013
Precigen
PGEN
$2.59B
| $3.7M | ﹤0.01% |
2,434,605
+2,259,629
| +1,291% | +$3.89M |
|
3014
CALL
Royal Caribbean
RCL
$85.6B
| $3.7M | ﹤0.01% |
74,800
-428,800
| -85% | -$22.5M |
|
3015
CALL
Stanley Black & Decker
SWK
$15.7B
| $3.7M | ﹤0.01% |
49,200
-300
| -0.6% | -$23.4K |
|
3016
Terex
TEX
$7.74B
| $3.7M | ﹤0.01% |
86,509
+38,929
| +82% | +$1.57M |
|
3017
CALL
AvalonBay Communities
AVB
$26.8B
| $3.68M | ﹤0.01% |
+22,800
| New | +$3.88M |
|
3018
Regal Rexnord
RRX
$11.9B
| $3.68M | ﹤0.01% |
30,665
+18,288
| +148% | +$2.4M |
|
|
NEWR
3019
DELISTED
New Relic, Inc.
NEWR
| $3.68M | ﹤0.01% |
65,154
+8,811
| +16% | +$498K |
|
3020
CALL
Live Nation Entertainment
LYV
$42.1B
| $3.67M | ﹤0.01% |
52,700
-99,600
| -65% | -$7.38M |
|
3021
PUT
iShares MSCI Australia ETF
EWA
$1.48B
| $3.67M | ﹤0.01% |
165,200
+69,100
| +72% | +$1.5M |
|
|
LL
3022
DELISTED
LL Flooring Holdings, Inc.
LL
| $3.67M | ﹤0.01% |
652,990
+384,467
| +143% | +$2.69M |
|
|
MAXR
3023
CALL
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $3.67M | ﹤0.01% |
+70,900
| New | +$1.95M |
|
3024
Volato Group
SOAR
$7.23M
| $3.66M | ﹤0.01% |
14,410
| – | – |
|
|
PMT
3025
PennyMac Mortgage Investment
PMT
$842M
| $3.66M | ﹤0.01% |
295,515
-867,465
| -75% | -$11.8M |
|
Similar funds
Millennium Management's Q4 2022 Portfolio in Review
As of Q4 2022, Millennium Management held 7,859 positions worth $181B, up 6.9% from $169B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management's Q4 2022 filing shows 848 new, 2,517 increased, 2,492 reduced and 1,332 closed positions. Its largest new stake was Keurig Dr Pepper: 4,680,704 shares worth $167M. The largest sale was Duke Realty Corp., an estimated $779M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.9% a quarter earlier, followed by Healthcare and Financials.
- Millennium Management's largest Q4 2022 buy was Keurig Dr Pepper: 4,680,704 shares worth $167M.
- Millennium Management added most to Invesco QQQ Trust in Q4 2022, an estimated $917M increase.
- Millennium Management's biggest Q4 2022 reduction was Chevron, cutting an estimated $569M.
- Millennium Management fully exited Duke Realty Corp. in Q4 2022, selling an estimated $779M.
- Millennium Management's ten largest holdings make up 20% of its $181B portfolio in Q4 2022.
- Millennium Management opened 848 new positions and closed 1,332 in Q4 2022.
- Millennium Management's portfolio value rose 6.9% quarter-over-quarter to $181B.
Based on Millennium Management's 13F filing for Q4 2022, filed 14 Feb 2023.