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 | |
|---|---|---|---|---|---|---|
3251
Safe Bulkers
SB
$774M
| $2.75M | ﹤0.01% |
945,506
+904,423
| +2,201% | +$2.5M |
|
3252
CALL
NetEase
NTES
$84.7B
| $2.75M | ﹤0.01% |
+37,800
| New | +$2.57M |
|
|
3253
PUT
NetEase
NTES
$84.7B
| $2.75M | ﹤0.01% |
37,800
+33,800
| +845% | +$2.3M |
|
|
FRSG
3254
DELISTED
First Reserve Sustainable Growth Corp. Class A Common Stock
FRSG
| $2.74M | ﹤0.01% |
272,932
-236,898
| -46% | -$2.36M |
|
3255
PUT
Keurig Dr Pepper
KDP
$40.8B
| $2.74M | ﹤0.01% |
76,900
+5,200
| +7% | +$195K |
|
3256
CALL
ASML
ASML
$669B
| $2.73M | ﹤0.01% |
5,000
| – | – |
|
3257
Amphastar Pharmaceuticals
AMPH
$916M
| $2.73M | ﹤0.01% |
97,430
+83,670
| +608% | +$2.43M |
|
3258
CALL
Warner Bros
WBD
$67.1B
| $2.73M | ﹤0.01% |
288,000
+20,000
| +7% | +$226K |
|
3259
Annexon
ANNX
$886M
| $2.72M | ﹤0.01% |
526,531
-21,881
| -4% | -$120K |
|
3260
PUT
Teva Pharmaceuticals
TEVA
$41.2B
| $2.72M | ﹤0.01% |
298,100
-160,100
| -35% | -$1.4M |
|
3261
Seneca Foods Class A
SENEA
$1.21B
| $2.71M | ﹤0.01% |
44,499
-38,860
| -47% | -$2.39M |
|
3262
Camping World
CWH
$653M
| $2.71M | ﹤0.01% |
121,459
-477,725
| -80% | -$12.4M |
|
3263
Movado Group
MOV
$841M
| $2.71M | ﹤0.01% |
83,999
-116,368
| -58% | -$3.71M |
|
3264
Phibro Animal Health
PAHC
$1.39B
| $2.71M | ﹤0.01% |
201,775
-454,511
| -69% | -$6.1M |
|
3265
IES Holdings
IESC
$15.2B
| $2.7M | ﹤0.01% |
75,984
+45,534
| +150% | +$1.48M |
|
3266
Mueller Water Products
MWA
$4.16B
| $2.7M | ﹤0.01% |
250,972
-425,759
| -63% | -$4.75M |
|
|
IRAA
3267
DELISTED
Iris Acquisition Corp Class A Common Stock
IRAA
| $2.7M | ﹤0.01% |
267,805
-195,446
| -42% | -$1.95M |
|
|
ROIVW
3268
CALL
DELISTED
Roivant Sciences Ltd. Warrant
ROIVW
| $2.7M | ﹤0.01% |
1,390,000
| – | – |
|
3269
Hertz
HTZ
$809M
| $2.7M | ﹤0.01% |
175,171
-707,409
| -80% | -$11.9M |
|
3270
ABM Industries
ABM
$2.84B
| $2.69M | ﹤0.01% |
60,636
+15,078
| +33% | +$662K |
|
3271
CALL
Teradata
TDC
$2.55B
| $2.69M | ﹤0.01% |
+80,000
| New | +$2.57M |
|
3272
Vipshop
VIPS
$7.53B
| $2.68M | ﹤0.01% |
196,412
-9,489
| -5% | -$94.2K |
|
3273
InterContinental Hotels
IHG
$23.2B
| $2.68M | ﹤0.01% |
45,861
+2,844
| +7% | +$159K |
|
3274
Silicom
SILC
$242M
| $2.67M | ﹤0.01% |
63,470
+52,752
| +492% | +$2.17M |
|
3275
Vishay Precision Group
VPG
$914M
| $2.67M | ﹤0.01% |
69,119
+9,539
| +16% | +$348K |
|
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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.