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 | |
|---|---|---|---|---|---|---|
3226
Universal Logistics Holdings
ULH
$485M
| $3.32M | ﹤0.01% |
104,725
+75,676
| +261% | +$2.5M |
|
3227
VF Corp
VFC
$5.8B
| $3.32M | ﹤0.01% |
111,071
-267,106
| -71% | -$11.5M |
|
3228
FIVE9
FIVN
$2.17B
| $3.32M | ﹤0.01% |
44,266
-267,437
| -86% | -$26M |
|
3229
Prestige Consumer Healthcare
PBH
$2.58B
| $3.32M | ﹤0.01% |
66,613
-172,549
| -72% | -$9.55M |
|
3230
PUT
Kohl's
KSS
$2.09B
| $3.31M | ﹤0.01% |
131,800
-125,000
| -49% | -$3.65M |
|
3231
PUT
ARK Innovation ETF
ARKK
$6.01B
| $3.31M | ﹤0.01% |
87,800
-454,700
| -84% | -$20.2M |
|
3232
Insperity
NSP
$1.96B
| $3.31M | ﹤0.01% |
32,404
-265,752
| -89% | -$28.5M |
|
|
EB
3233
DELISTED
Eventbrite
EB
| $3.3M | ﹤0.01% |
543,483
+107,986
| +25% | +$909K |
|
3234
CALL
Bunge Global
BG
$20.9B
| $3.3M | ﹤0.01% |
+40,000
| New | +$3.73M |
|
3235
Donnelley Financial Solutions
DFIN
$1.19B
| $3.3M | ﹤0.01% |
89,255
+44,671
| +100% | +$1.68M |
|
3236
DXP Enterprises
DXPE
$3.07B
| $3.29M | ﹤0.01% |
138,982
+65,800
| +90% | +$1.89M |
|
3237
Jakks Pacific
JAKK
$292M
| $3.29M | ﹤0.01% |
170,194
+115,978
| +214% | +$2.38M |
|
3238
CALL
Zscaler
ZS
$26.3B
| $3.29M | ﹤0.01% |
20,000
-900
| -4% | -$147K |
|
3239
PepGen
PEPG
$167M
| $3.28M | ﹤0.01% |
360,941
+151,175
| +72% | +$1.49M |
|
3240
PUT
ResMed
RMD
$32.4B
| $3.27M | ﹤0.01% |
+15,000
| New | +$3.41M |
|
3241
Vanguard Total International Bond ETF
BNDX
$82.1B
| $3.26M | ﹤0.01% |
68,311
-47,142
| -41% | -$2.34M |
|
3242
Oramed Pharmaceuticals
ORMP
$179M
| $3.26M | ﹤0.01% |
503,031
-77,352
| -13% | -$626K |
|
3243
Financial Institutions
FISI
$827M
| $3.26M | ﹤0.01% |
135,354
+38,729
| +40% | +$1.01M |
|
3244
CALL
Marvell Technology
MRVL
$189B
| $3.26M | ﹤0.01% |
75,900
+68,700
| +954% | +$3.4M |
|
3245
Dole
DOLE
$1.31B
| $3.25M | ﹤0.01% |
445,662
+189,516
| +74% | +$1.68M |
|
3246
EyePoint Inc
EYPT
$1.08B
| $3.25M | ﹤0.01% |
410,286
+67,063
| +20% | +$623K |
|
3247
Service Corp International
SCI
$11.6B
| $3.24M | ﹤0.01% |
56,186
-395,960
| -88% | -$26.1M |
|
3248
iShares MSCI Spain ETF
EWP
$2.15B
| $3.24M | ﹤0.01% |
+163,624
| New | +$3.64M |
|
|
GBT
3249
CALL
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $3.24M | ﹤0.01% |
+47,600
| New | +$2.63M |
|
3250
PUT
Shopify
SHOP
$191B
| $3.24M | ﹤0.01% |
120,300
-380,700
| -76% | -$13M |
|
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.