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 | |
|---|---|---|---|---|---|---|
3101
The RMR Group
RMR
$321M
| $3.79M | ﹤0.01% |
160,125
+114,555
| +251% | +$3.12M |
|
3102
Avnet
AVT
$7.94B
| $3.79M | ﹤0.01% |
104,964
-966,054
| -90% | -$41.6M |
|
3103
CALL
Teladoc Health
TDOC
$1.21B
| $3.79M | ﹤0.01% |
149,400
+101,400
| +211% | +$3.56M |
|
3104
Barings BDC
BBDC
$963M
| $3.77M | ﹤0.01% |
456,414
-453,700
| -50% | -$4.38M |
|
3105
OneSpaWorld
OSW
$2.69B
| $3.77M | ﹤0.01% |
448,422
+323,912
| +260% | +$2.72M |
|
3106
PUT
Edwards Lifesciences
EW
$51.5B
| $3.76M | ﹤0.01% |
45,500
+34,100
| +299% | +$3.28M |
|
|
NEUE
3107
DELISTED
NeueHealth
NEUE
| $3.76M | ﹤0.01% |
44,748
+18,378
| +70% | +$2.44M |
|
3108
Credit Acceptance
CACC
$6.03B
| $3.76M | ﹤0.01% |
8,579
+5,059
| +144% | +$2.67M |
|
3109
Tenable Holdings
TENB
$3.98B
| $3.75M | ﹤0.01% |
107,864
+22,930
| +27% | +$962K |
|
3110
Realty Income
O
$59B
| $3.75M | ﹤0.01% |
+64,462
| New | +$4.44M |
|
|
WIRE
3111
DELISTED
Encore Wire Corp
WIRE
| $3.75M | ﹤0.01% |
32,455
+9,433
| +41% | +$1.15M |
|
3112
CALL
Sempra
SRE
$55.1B
| $3.75M | ﹤0.01% |
+50,000
| New | +$4.05M |
|
3113
Consolidated Water Co
CWCO
$479M
| $3.75M | ﹤0.01% |
243,685
+156,781
| +180% | +$2.47M |
|
3114
CALL
Ascendis Pharma A/S
ASND
$16.4B
| $3.74M | ﹤0.01% |
36,200
+1,200
| +3% | +$114K |
|
3115
Oceaneering
OII
$4.9B
| $3.73M | ﹤0.01% |
469,157
+354,743
| +310% | +$3.34M |
|
3116
CALL
Stanley Black & Decker
SWK
$15.3B
| $3.72M | ﹤0.01% |
49,500
+300
| +0.6% | +$28.9K |
|
3117
Roku
ROKU
$22.3B
| $3.72M | ﹤0.01% |
65,963
-337,993
| -84% | -$25.7M |
|
3118
CALL
TSMC
TSM
$2.17T
| $3.72M | ﹤0.01% |
+54,200
| New | +$4.48M |
|
|
ITAQ
3119
DELISTED
Industrial Tech Acquisitions II, Inc. Class A Common Stock
ITAQ
| $3.72M | ﹤0.01% |
371,585
+1,585
| +0.4% | +$15.8K |
|
3120
Oxford Industries
OXM
$560M
| $3.71M | ﹤0.01% |
41,356
-102,680
| -71% | -$9.93M |
|
3121
CALL
Newell Brands
NWL
$2.56B
| $3.71M | ﹤0.01% |
+267,000
| New | +$4.99M |
|
|
3122
PUT
Stanley Black & Decker
SWK
$15.3B
| $3.71M | ﹤0.01% |
49,300
-2,200
| -4% | -$212K |
|
|
CMRC
3123
CALL
Commerce.com Inc Series 1
CMRC
$192M
| $3.7M | ﹤0.01% |
250,000
-277,000
| -53% | -$4.75M |
|
3124
PUT
Teva Pharmaceuticals
TEVA
$40.6B
| $3.7M | ﹤0.01% |
458,200
-241,800
| -35% | -$2.14M |
|
3125
iShares MSCI USA Quality Factor ETF
QUAL
$47.7B
| $3.69M | ﹤0.01% |
+35,524
| New | +$4.15M |
|
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.