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 | |
|---|---|---|---|---|---|---|
3551
Standex International
SXI
$4.05B
| $2.33M | ﹤0.01% |
28,491
-75,142
| -73% | -$6.71M |
|
3552
PUT
JetBlue
JBLU
$2.35B
| $2.32M | ﹤0.01% |
350,000
-5,000
| -1% | -$40.7K |
|
3553
Designer Brands
DBI
$335M
| $2.32M | ﹤0.01% |
151,485
+93,838
| +163% | +$1.47M |
|
3554
Bumble
BMBL
$378M
| $2.31M | ﹤0.01% |
+107,629
| New | +$3.18M |
|
|
NREF
3555
NexPoint Real Estate Finance
NREF
$326M
| $2.31M | ﹤0.01% |
154,433
-42,481
| -22% | -$872K |
|
3556
Werewolf Therapeutics
HOWL
$19.6M
| $2.31M | ﹤0.01% |
511,608
+262,691
| +106% | +$1.43M |
|
3557
AppFolio
APPF
$6.88B
| $2.3M | ﹤0.01% |
21,993
-26,082
| -54% | -$2.66M |
|
|
VWE
3558
DELISTED
Vintage Wine Estates, Inc. Common Stock
VWE
| $2.3M | ﹤0.01% |
830,401
+381,568
| +85% | +$2.28M |
|
3559
Adtran
ADTN
$631M
| $2.3M | ﹤0.01% |
117,402
-250,782
| -68% | -$5.47M |
|
3560
Lennar Class B
LEN.B
$20.1B
| $2.29M | ﹤0.01% |
40,493
-56,172
| -58% | -$3.42M |
|
3561
Kulicke & Soffa
KLIC
$4.79B
| $2.29M | ﹤0.01% |
59,425
-65,741
| -53% | -$2.91M |
|
|
BORR
3562
Borr Drilling
BORR
$1.22B
| $2.29M | ﹤0.01% |
688,880
+589,111
| +590% | +$2.19M |
|
|
SGFY
3563
PUT
DELISTED
Signify Health, Inc.
SGFY
| $2.29M | ﹤0.01% |
+78,400
| New | +$1.81M |
|
|
JBTM
3564
JBT Marel
JBTM
$6.35B
| $2.28M | ﹤0.01% |
26,559
+837
| +3% | +$88.8K |
|
3565
Western New England Bancorp
WNEB
$283M
| $2.28M | ﹤0.01% |
280,589
-23,220
| -8% | -$193K |
|
3566
Vale
VALE
$63B
| $2.28M | ﹤0.01% |
171,143
+148,211
| +646% | +$1.95M |
|
3567
CALL
Roku
ROKU
$22.3B
| $2.28M | ﹤0.01% |
40,400
-13,300
| -25% | -$1.01M |
|
|
EAC
3568
DELISTED
Edify Acquisition Corp. Class A Common Stock
EAC
| $2.28M | ﹤0.01% |
230,172
+35,468
| +18% | +$350K |
|
3569
RE/MAX Holdings
RMAX
$217M
| $2.27M | ﹤0.01% |
120,091
+95,012
| +379% | +$2.26M |
|
|
TERN
3570
DELISTED
Terns Pharmaceuticals
TERN
| $2.25M | ﹤0.01% |
382,713
+105,025
| +38% | +$390K |
|
3571
NBT Bancorp
NBTB
$2.75B
| $2.25M | ﹤0.01% |
59,291
-35,195
| -37% | -$1.39M |
|
|
TRHC
3572
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $2.25M | ﹤0.01% |
468,326
+44,509
| +11% | +$191K |
|
3573
Immatics
IMTX
$1.32B
| $2.24M | ﹤0.01% |
224,369
-342,383
| -60% | -$3.69M |
|
3574
National Bankshares
NKSH
$263M
| $2.24M | ﹤0.01% |
66,470
-6,068
| -8% | -$199K |
|
3575
CALL
Paycom
PAYC
$10.2B
| $2.24M | ﹤0.01% |
6,800
+2,000
| +42% | +$689K |
|
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.