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 | |
|---|---|---|---|---|---|---|
3626
PUT
Agnico Eagle Mines
AEM
$84.8B
| $2.11M | ﹤0.01% |
+50,000
| New | +$2.14M |
|
3627
ePlus
PLUS
$2.39B
| $2.11M | ﹤0.01% |
50,816
+26,263
| +107% | +$1.29M |
|
3628
Washington Trust Bancorp
WASH
$749M
| $2.11M | ﹤0.01% |
+45,326
| New | +$2.32M |
|
3629
First Watch Restaurant Group
FWRG
$778M
| $2.1M | ﹤0.01% |
145,346
+134,539
| +1,245% | +$2.18M |
|
|
VAPO
3630
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $2.1M | ﹤0.01% |
167,471
+44,222
| +36% | +$691K |
|
3631
Monro
MNRO
$410M
| $2.1M | ﹤0.01% |
48,376
+24,737
| +105% | +$1.17M |
|
3632
Laureate Education
LAUR
$5.21B
| $2.1M | ﹤0.01% |
199,086
+137,792
| +225% | +$1.56M |
|
3633
Anavex Life Sciences
AVXL
$301M
| $2.1M | ﹤0.01% |
203,368
-57,924
| -22% | -$611K |
|
3634
PUT
TransDigm Group
TDG
$69.8B
| $2.1M | ﹤0.01% |
+4,000
| New | +$2.39M |
|
|
SPYM
3635
State Street SPDR Portfolio S&P 500 ETF
SPYM
$167B
| $2.1M | ﹤0.01% |
49,959
+7,968
| +19% | +$372K |
|
|
MRO
3636
PUT
DELISTED
Marathon Oil Corporation
MRO
| $2.1M | ﹤0.01% |
92,900
+12,400
| +15% | +$294K |
|
3637
Highwoods Properties
HIW
$3.56B
| $2.1M | ﹤0.01% |
77,762
-1,196,734
| -94% | -$38.7M |
|
3638
OP Bancorp
OPBK
$232M
| $2.1M | ﹤0.01% |
188,459
-26,499
| -12% | -$304K |
|
3639
CALL
Tower Semiconductor
TSEM
$25.6B
| $2.1M | ﹤0.01% |
47,700
+1,100
| +2% | +$50.7K |
|
|
PRA
3640
DELISTED
ProAssurance
PRA
| $2.1M | ﹤0.01% |
+107,359
| New | +$2.36M |
|
3641
Casella Waste Systems
CWST
$5.7B
| $2.09M | ﹤0.01% |
27,413
-112,838
| -80% | -$9.05M |
|
3642
iShares MSCI Poland ETF
EPOL
$756M
| $2.09M | ﹤0.01% |
194,333
+61,334
| +46% | +$810K |
|
3643
4D Molecular Therapeutics
FDMT
$546M
| $2.09M | ﹤0.01% |
260,109
-14,319
| -5% | -$130K |
|
3644
InterContinental Hotels
IHG
$23.7B
| $2.09M | ﹤0.01% |
43,017
-126,090
| -75% | -$7.12M |
|
3645
Sasol
SSL
$7.12B
| $2.09M | ﹤0.01% |
132,504
+64,775
| +96% | +$1.28M |
|
3646
WesBanco
WSBC
$4.05B
| $2.09M | ﹤0.01% |
62,553
+6,493
| +12% | +$220K |
|
3647
BlueLinx
BXC
$637M
| $2.08M | ﹤0.01% |
33,526
-9,792
| -23% | -$706K |
|
3648
CALL
Chegg
CHGG
$112M
| $2.08M | ﹤0.01% |
98,800
| – | – |
|
3649
PUT
Rogers Corp
ROG
$2.4B
| $2.08M | ﹤0.01% |
8,600
-15,800
| -65% | -$4.09M |
|
3650
CVB Financial
CVBF
$4.06B
| $2.08M | ﹤0.01% |
82,123
+44,678
| +119% | +$1.16M |
|
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.