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 | |
|---|---|---|---|---|---|---|
3801
CXApp
CXAI
$15.4M
| $1.75M | ﹤0.01% |
175,000
| – | – |
|
3802
Marcus Corp
MCS
$949M
| $1.75M | ﹤0.01% |
125,910
+98,002
| +351% | +$1.58M |
|
|
RACY
3803
DELISTED
Relativity Acquisition Corp. Class A Common Stock
RACY
| $1.75M | ﹤0.01% |
174,301
+136,801
| +365% | +$1.37M |
|
3804
Bloom Energy
BE
$69B
| $1.75M | ﹤0.01% |
87,370
-502,202
| -85% | -$11.3M |
|
3805
TETRA Technologies
TTI
$1.25B
| $1.75M | ﹤0.01% |
486,338
-2,628,454
| -84% | -$10.4M |
|
3806
Teekay
TK
$946M
| $1.75M | ﹤0.01% |
486,085
+375,621
| +340% | +$1.25M |
|
|
ATSG
3807
DELISTED
Air Transport Services Group
ATSG
| $1.75M | ﹤0.01% |
72,454
-619
| -0.8% | -$18K |
|
3808
ABM Industries
ABM
$2.87B
| $1.74M | ﹤0.01% |
45,558
-36,064
| -44% | -$1.58M |
|
3809
Perella Weinberg Partners
PWP
$1.26B
| $1.74M | ﹤0.01% |
275,122
-25,348
| -8% | -$180K |
|
3810
AudioCodes
AUDC
$251M
| $1.74M | ﹤0.01% |
79,787
-169,291
| -68% | -$3.81M |
|
|
RADI
3811
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $1.74M | ﹤0.01% |
184,469
-212,549
| -54% | -$2.97M |
|
3812
Regal Rexnord
RRX
$12.2B
| $1.74M | ﹤0.01% |
12,377
-138,204
| -92% | -$18.6M |
|
3813
Vanguard Morningstar Small-Cap ETF
VB
$81.6B
| $1.74M | ﹤0.01% |
10,161
+7,961
| +362% | +$1.5M |
|
3814
iShares Russell Mid-Cap Growth ETF
IWP
$20.4B
| $1.73M | ﹤0.01% |
22,079
-7,802
| -26% | -$672K |
|
3815
Vipshop
VIPS
$7.46B
| $1.73M | ﹤0.01% |
205,901
-208,648
| -50% | -$2.08M |
|
|
MITT
3816
TPG Mortgage Investment Trust
MITT
$224M
| $1.73M | ﹤0.01% |
420,330
+163,119
| +63% | +$1.09M |
|
|
MACA
3817
DELISTED
Moringa Acquisition Corp Class A Ordinary Shares
MACA
| $1.73M | ﹤0.01% |
173,987
-18,633
| -10% | -$184K |
|
3818
CALL
DraftKings
DKNG
$10.8B
| $1.73M | ﹤0.01% |
114,100
-232,600
| -67% | -$3.7M |
|
3819
Ducommun
DCO
$2.89B
| $1.73M | ﹤0.01% |
43,496
-38,498
| -47% | -$1.71M |
|
3820
Pathward Financial
CASH
$1.89B
| $1.72M | ﹤0.01% |
52,297
+45,275
| +645% | +$1.63M |
|
3821
Fidelity D&D Bancorp
FDBC
$313M
| $1.72M | ﹤0.01% |
42,688
-26,962
| -39% | -$1.09M |
|
|
NSTC.U
3822
DELISTED
Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant
NSTC.U
| $1.72M | ﹤0.01% |
175,000
| – | – |
|
3823
G-III Apparel Group
GIII
$1.54B
| $1.72M | ﹤0.01% |
115,029
+65,836
| +134% | +$1.34M |
|
|
SA
3824
Seabridge Gold
SA
$3.14B
| $1.72M | ﹤0.01% |
144,757
+57,853
| +67% | +$732K |
|
3825
Innoviz Technologies
INVZ
$88.8M
| $1.71M | ﹤0.01% |
328,722
+269,521
| +455% | +$1.29M |
|
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.