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 | |
|---|---|---|---|---|---|---|
3651
CALL
ASML
ASML
$645B
| $2.08M | ﹤0.01% |
+5,000
| New | +$2.51M |
|
|
AFMD
3652
DELISTED
Affimed
AFMD
| $2.06M | ﹤0.01% |
100,002
+31,915
| +47% | +$887K |
|
3653
Boise Cascade
BCC
$2.96B
| $2.05M | ﹤0.01% |
34,506
+24,279
| +237% | +$1.56M |
|
3654
Federal Realty Investment Trust
FRT
$10.6B
| $2.05M | ﹤0.01% |
22,736
-425,407
| -95% | -$43.2M |
|
3655
RadNet
RDNT
$5.27B
| $2.05M | ﹤0.01% |
+100,709
| New | +$2.03M |
|
3656
Victory Capital Holdings
VCTR
$6.25B
| $2.05M | ﹤0.01% |
87,902
-84,094
| -49% | -$2.23M |
|
|
MMAT
3657
DELISTED
Meta Materials Inc. Common Stock
MMAT
| $2.04M | ﹤0.01% |
31,510
-23,373
| -43% | -$2.05M |
|
|
EBACU
3658
DELISTED
European Biotech Acquisition Corp. Units
EBACU
| $2.03M | ﹤0.01% |
205,190
| – | – |
|
3659
Andersons Inc
ANDE
$2.37B
| $2.03M | ﹤0.01% |
65,460
-437,260
| -87% | -$15.2M |
|
3660
Frontier Group Holdings
ULCC
$1.83B
| $2.03M | ﹤0.01% |
+209,409
| New | +$2.57M |
|
3661
Bankwell Financial Group
BWFG
$536M
| $2.03M | ﹤0.01% |
69,693
-53,101
| -43% | -$1.69M |
|
3662
Hudbay
HBM
$11.5B
| $2.03M | ﹤0.01% |
503,430
-1,031,498
| -67% | -$4.13M |
|
3663
Global X Lithium & Battery Tech ETF
LIT
$1.57B
| $2.03M | ﹤0.01% |
+30,693
| New | +$2.28M |
|
3664
ADC Therapeutics
ADCT
$136M
| $2.03M | ﹤0.01% |
420,253
+362,288
| +625% | +$2.62M |
|
3665
Provident Financial Services
PFS
$3.27B
| $2.02M | ﹤0.01% |
103,774
+49,769
| +92% | +$1.16M |
|
|
SOHU
3666
Sohu.com
SOHU
$359M
| $2.02M | ﹤0.01% |
125,815
-37,480
| -23% | -$634K |
|
3667
Fennec Pharmaceuticals
FENC
$365M
| $2.02M | ﹤0.01% |
249,337
+11,945
| +5% | +$82K |
|
3668
C&F Financial
CFFI
$283M
| $2.02M | ﹤0.01% |
37,738
+1,414
| +4% | +$69.4K |
|
3669
Wave Life Sciences
WVE
$1.17B
| $2.01M | ﹤0.01% |
557,557
-517,476
| -48% | -$1.71M |
|
|
DTRT
3670
DELISTED
DTRT Health Acquisition Corp. Class A Common Stock
DTRT
| $2.01M | ﹤0.01% |
198,033
-267
| -0.1% | -$2.7K |
|
|
CFFSU
3671
DELISTED
CF Acquisition Corp. VII Unit
CFFSU
| $2.01M | ﹤0.01% |
200,500
| – | – |
|
3672
International Paper
IP
$22.4B
| $2M | ﹤0.01% |
63,206
-175,722
| -74% | -$7.18M |
|
|
WOW
3673
DELISTED
WideOpenWest
WOW
| $2M | ﹤0.01% |
163,228
-179,544
| -52% | -$3.2M |
|
3674
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
| $2M | ﹤0.01% |
+13,962
| New | +$2.22M |
|
|
FHLT
3675
DELISTED
Future Health ESG Corp. Common stock
FHLT
| $2M | ﹤0.01% |
200,000
| – | – |
|
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.