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 | |
|---|---|---|---|---|---|---|
3526
CALL
Maravai LifeSciences
MRVI
$920M
| $2.4M | ﹤0.01% |
93,800
+13,800
| +17% | +$346K |
|
|
CHEA
3527
DELISTED
Chenghe Acquisition Co. Class A Ordinary Share
CHEA
| $2.39M | ﹤0.01% |
+237,540
| New | +$2.38M |
|
3528
Porch Group
PRCH
$1.75B
| $2.39M | ﹤0.01% |
1,061,469
+908,026
| +592% | +$2.2M |
|
3529
Replimune Group
REPL
$1.02B
| $2.38M | ﹤0.01% |
138,113
+36,147
| +35% | +$689K |
|
3530
CALL
NIO
NIO
$11.5B
| $2.38M | ﹤0.01% |
151,200
| – | – |
|
3531
PUT
Align Technology
ALGN
$12.1B
| $2.38M | ﹤0.01% |
11,500
| – | – |
|
|
ASRT
3532
DELISTED
Assertio
ASRT
| $2.38M | ﹤0.01% |
69,911
+45,734
| +189% | +$2.07M |
|
|
NKGN
3533
DELISTED
NKGen Biotech, Inc. Common Stock
NKGN
| $2.38M | ﹤0.01% |
243,900
| – | – |
|
|
BHIL
3534
DELISTED
Benson Hill, Inc.
BHIL
| $2.38M | ﹤0.01% |
24,792
-17,907
| -42% | -$1.97M |
|
3535
ACV Auctions
ACVA
$1.31B
| $2.37M | ﹤0.01% |
329,993
+48,011
| +17% | +$381K |
|
3536
CALL
Best Buy
BBY
$16.9B
| $2.37M | ﹤0.01% |
37,400
-4,000
| -10% | -$296K |
|
|
3537
PUT
Best Buy
BBY
$16.9B
| $2.37M | ﹤0.01% |
37,400
-12,000
| -24% | -$889K |
|
|
SRSA
3538
DELISTED
Sarissa Capital Acquisition Corp. Class A Ordinary Shares
SRSA
| $2.37M | ﹤0.01% |
236,916
-3,353
| -1% | -$33.4K |
|
3539
Design Therapeutics
DSGN
$862M
| $2.37M | ﹤0.01% |
+141,498
| New | +$2.82M |
|
|
ABMD
3540
DELISTED
Abiomed Inc
ABMD
| $2.36M | ﹤0.01% |
9,614
-70,474
| -88% | -$19M |
|
3541
Hovnanian Enterprises
HOV
$786M
| $2.36M | ﹤0.01% |
66,083
+57,495
| +669% | +$2.55M |
|
3542
CALL
Medpace
MEDP
$16.4B
| $2.36M | ﹤0.01% |
15,000
+13,000
| +650% | +$2.07M |
|
3543
PUT
Clarus
CLAR
$130M
| $2.36M | ﹤0.01% |
+175,000
| New | +$3.41M |
|
3544
OneWater Marine
ONEW
$200M
| $2.36M | ﹤0.01% |
+78,291
| New | +$2.86M |
|
|
INVX
3545
Innovex International
INVX
$2.14B
| $2.35M | ﹤0.01% |
120,660
+79,780
| +195% | +$1.85M |
|
|
RADI
3546
CALL
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $2.35M | ﹤0.01% |
250,000
| – | – |
|
3547
Xerox
XRX
$427M
| $2.35M | ﹤0.01% |
179,649
+37,195
| +26% | +$602K |
|
3548
Resources Connection
RGP
$145M
| $2.33M | ﹤0.01% |
+129,139
| New | +$2.59M |
|
3549
Similarweb
SMWB
$646M
| $2.33M | ﹤0.01% |
398,109
-466,080
| -54% | -$3.86M |
|
3550
Solidion Technology
STI
$59.3M
| $2.33M | ﹤0.01% |
4,634
+3,932
| +560% | +$1.97M |
|
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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.