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 | |
|---|---|---|---|---|---|---|
3776
Novanta
NOVT
$5.45B
| $1.79M | ﹤0.01% |
15,520
-13,715
| -47% | -$1.87M |
|
|
INBX
3777
PUT
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $1.79M | ﹤0.01% |
+100,000
| New | +$1.8M |
|
3778
AXT Inc
AXTI
$4.49B
| $1.79M | ﹤0.01% |
+267,748
| New | +$2.11M |
|
3779
PUT
Southern Copper
SCCO
$164B
| $1.79M | ﹤0.01% |
43,148
| – | – |
|
3780
Phillips 66
PSX
$81.2B
| $1.79M | ﹤0.01% |
22,209
-551,469
| -96% | -$47M |
|
3781
CALL
Trade Desk
TTD
$8.91B
| $1.79M | ﹤0.01% |
30,000
| – | – |
|
|
AMYT
3782
DELISTED
Amryt Pharma plc American Depositary Shares
AMYT
| $1.79M | ﹤0.01% |
259,126
+21,518
| +9% | +$161K |
|
|
MPT
3783
PUT
Medical Properties Trust
MPT
$2.79B
| $1.79M | ﹤0.01% |
+151,000
| New | +$2.29M |
|
|
MAXR
3784
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $1.79M | ﹤0.01% |
95,618
+47,881
| +100% | +$1.18M |
|
|
AERI
3785
DELISTED
Aerie Pharmaceuticals
AERI
| $1.79M | ﹤0.01% |
118,240
+75,360
| +176% | +$876K |
|
3786
CALL
Globus Medical
GMED
$10.9B
| $1.79M | ﹤0.01% |
+30,000
| New | +$1.81M |
|
3787
NVE Corp
NVEC
$613M
| $1.79M | ﹤0.01% |
38,294
-38,885
| -50% | -$1.94M |
|
3788
CALL
SolarEdge
SEDG
$2.06B
| $1.78M | ﹤0.01% |
7,700
+5,100
| +196% | +$1.5M |
|
3789
Chunghwa Telecom
CHT
$32.6B
| $1.77M | ﹤0.01% |
+49,692
| New | +$1.98M |
|
3790
PUT
Crown Castle
CCI
$32.3B
| $1.76M | ﹤0.01% |
12,200
-201,700
| -94% | -$34.5M |
|
|
PENG
3791
Penguin Solutions Inc
PENG
$2.86B
| $1.76M | ﹤0.01% |
+111,128
| New | +$2.02M |
|
3792
NetEase
NTES
$82B
| $1.76M | ﹤0.01% |
23,325
-4,484
| -16% | -$395K |
|
3793
Vishay Precision Group
VPG
$978M
| $1.76M | ﹤0.01% |
59,580
+27,857
| +88% | +$886K |
|
|
PFC
3794
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.76M | ﹤0.01% |
68,521
+46,390
| +210% | +$1.25M |
|
3795
CALL
Bionano Genomics
BNGO
$12.3M
| $1.76M | ﹤0.01% |
+1,600
| New | +$2.11M |
|
3796
CNX Resources
CNX
$5.11B
| $1.76M | ﹤0.01% |
113,044
-1,571,799
| -93% | -$26.6M |
|
|
AQUA
3797
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $1.76M | ﹤0.01% |
53,098
-2,745
| -5% | -$99.6K |
|
|
BAND
3798
Bandwidth Inc
BAND
$1.47B
| $1.75M | ﹤0.01% |
147,228
+34,035
| +30% | +$559K |
|
3799
CALL
Expedia Group
EXPE
$38.4B
| $1.75M | ﹤0.01% |
18,700
-103,500
| -85% | -$10.6M |
|
|
PRPH
3800
DELISTED
ProPhase Labs
PRPH
| $1.75M | ﹤0.01% |
15,520
+12,964
| +507% | +$1.51M |
|
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.