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 | |
|---|---|---|---|---|---|---|
3401
Verastem
VSTM
$519M
| $2.74M | ﹤0.01% |
268,524
-161,020
| -37% | -$2.25M |
|
3402
Distribution Solutions Group
DSGR
$1.61B
| $2.74M | ﹤0.01% |
+194,218
| New | +$4.21M |
|
3403
Horizon Bancorp
HBNC
$1.05B
| $2.74M | ﹤0.01% |
152,356
+34,496
| +29% | +$649K |
|
|
GMS
3404
DELISTED
GMS Inc
GMS
| $2.73M | ﹤0.01% |
68,364
-368,080
| -84% | -$17.6M |
|
3405
Repay Holdings
RPAY
$330M
| $2.73M | ﹤0.01% |
387,168
-121,861
| -24% | -$1.33M |
|
3406
Liberty Global Class C
LBTYK
$3.58B
| $2.73M | ﹤0.01% |
165,598
+60,723
| +58% | +$1.29M |
|
3407
Signet Jewelers
SIG
$3.65B
| $2.73M | ﹤0.01% |
47,746
-541,983
| -92% | -$32.6M |
|
3408
CALL
Ralph Lauren
RL
$23.6B
| $2.73M | ﹤0.01% |
32,100
+13,100
| +69% | +$1.23M |
|
|
AGS
3409
DELISTED
PlayAGS
AGS
| $2.73M | ﹤0.01% |
514,233
+200,265
| +64% | +$1.21M |
|
3410
Strategy Inc
MSTR
$37.2B
| $2.72M | ﹤0.01% |
128,220
+89,380
| +230% | +$2.24M |
|
|
TRTN
3411
DELISTED
Triton International Limited
TRTN
| $2.72M | ﹤0.01% |
49,738
-107,273
| -68% | -$6.42M |
|
3412
iShares ESG Aware MSCI USA ETF
ESGU
$18.3B
| $2.71M | ﹤0.01% |
34,169
+7,752
| +29% | +$686K |
|
3413
Hanmi Financial
HAFC
$954M
| $2.71M | ﹤0.01% |
114,476
+105,107
| +1,122% | +$2.58M |
|
|
CFIV
3414
DELISTED
CF Acquisition Corp. IV Class A common stock
CFIV
| $2.71M | ﹤0.01% |
272,382
+3,624
| +1% | +$35.9K |
|
3415
JPMorgan Ultra-Short Income ETF
JPST
$40.3B
| $2.7M | ﹤0.01% |
+53,853
| New | +$2.7M |
|
3416
Pan American Silver
PAAS
$20.2B
| $2.7M | ﹤0.01% |
170,074
+92,645
| +120% | +$1.61M |
|
3417
CALL
Playtika
PLTK
$1.25B
| $2.69M | ﹤0.01% |
286,800
-125,800
| -30% | -$1.45M |
|
3418
PUT
Penumbra
PEN
$12.8B
| $2.69M | ﹤0.01% |
+14,200
| New | +$2.28M |
|
3419
Farmers & Merchants Bancorp
FMAO
$472M
| $2.69M | ﹤0.01% |
100,097
+61,475
| +159% | +$1.83M |
|
3420
iShares MSCI Chile ETF
ECH
$1.06B
| $2.68M | ﹤0.01% |
+111,545
| New | +$2.9M |
|
|
DHC
3421
Diversified Healthcare Trust
DHC
$2.11B
| $2.68M | ﹤0.01% |
2,702,837
+166,004
| +7% | +$266K |
|
3422
RBC Bearings
RBC
$17.9B
| $2.67M | ﹤0.01% |
12,862
+11,690
| +997% | +$2.69M |
|
3423
Wingstop
WING
$3.18B
| $2.67M | ﹤0.01% |
21,299
-136,178
| -86% | -$16.3M |
|
3424
CALL
CSX Corp
CSX
$93.9B
| $2.67M | ﹤0.01% |
100,200
+54,800
| +121% | +$1.7M |
|
3425
PUT
M&T Bank
MTB
$36.1B
| $2.66M | ﹤0.01% |
+15,100
| New | +$2.67M |
|
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.