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 | |
|---|---|---|---|---|---|---|
|
DHCAU
3826
DELISTED
DHC Acquisition Corp. Unit
DHCAU
| $1.71M | ﹤0.01% |
172,508
-3,428
| -2% | -$33.9K |
|
3827
PUT
Unisys
UIS
$214M
| $1.7M | ﹤0.01% |
+225,000
| New | +$2.4M |
|
3828
CALL
Upstart Holdings
UPST
$2.89B
| $1.7M | ﹤0.01% |
81,700
+47,900
| +142% | +$1.29M |
|
3829
The Bancorp
TBBK
$2.99B
| $1.7M | ﹤0.01% |
77,149
+38,102
| +98% | +$883K |
|
|
SWAV
3830
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $1.7M | ﹤0.01% |
6,097
-85,884
| -93% | -$21.8M |
|
|
KNBE
3831
DELISTED
KnowBe4, Inc. Class A Common Stock
KNBE
| $1.69M | ﹤0.01% |
81,416
-372,132
| -82% | -$6.86M |
|
3832
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$22.4B
| $1.69M | ﹤0.01% |
191,110
+40,860
| +27% | +$635K |
|
|
LLAP
3833
DELISTED
Terran Orbital Corporation
LLAP
| $1.69M | ﹤0.01% |
+954,126
| New | +$3.87M |
|
3834
CNB Financial Corp
CCNE
$1.05B
| $1.69M | ﹤0.01% |
71,636
+35,815
| +100% | +$917K |
|
3835
Ultrapar
UGP
$6.69B
| $1.69M | ﹤0.01% |
+770,930
| New | +$1.93M |
|
3836
Progress Software
PRGS
$1.73B
| $1.68M | ﹤0.01% |
39,541
+16,356
| +71% | +$756K |
|
3837
CALL
First Horizon
FHN
$12.4B
| $1.68M | ﹤0.01% |
73,400
+200
| +0.3% | +$4.54K |
|
3838
RELX
RELX
$63.9B
| $1.68M | ﹤0.01% |
69,165
-50,795
| -42% | -$1.38M |
|
|
GPMT
3839
Granite Point Mortgage Trust
GPMT
$71.9M
| $1.68M | ﹤0.01% |
260,781
+242,094
| +1,296% | +$2.29M |
|
3840
Intapp
INTA
$2.85B
| $1.68M | ﹤0.01% |
89,888
+8,330
| +10% | +$131K |
|
|
AACI
3841
DELISTED
Armada Acquisition Corp. I Common Stock
AACI
| $1.68M | ﹤0.01% |
169,075
| – | – |
|
|
AAC.U
3842
DELISTED
Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant
AAC.U
| $1.67M | ﹤0.01% |
167,954
-1,365
| -0.8% | -$13.5K |
|
3843
Alector
ALEC
$165M
| $1.67M | ﹤0.01% |
176,571
-438,173
| -71% | -$4.74M |
|
3844
Protagonist Therapeutics
PTGX
$8.83B
| $1.67M | ﹤0.01% |
198,022
-891,506
| -82% | -$8.44M |
|
3845
CALL
Veru
VERU
$37.4M
| $1.67M | ﹤0.01% |
14,490
-11,510
| -44% | -$1.66M |
|
3846
Amalgamated Financial
AMAL
$1.5B
| $1.67M | ﹤0.01% |
73,920
+48,006
| +185% | +$1.08M |
|
3847
ANI Pharmaceuticals
ANIP
$1.82B
| $1.67M | ﹤0.01% |
51,868
+14,534
| +39% | +$498K |
|
|
IMMP
3848
Immutep
IMMP
$57.8M
| $1.67M | ﹤0.01% |
1,068,467
-47,961
| -4% | -$97.5K |
|
3849
TriSalus Life Sciences
TLSI
$284M
| $1.66M | ﹤0.01% |
166,908
-355,733
| -68% | -$3.52M |
|
3850
International Money Express
IMXI
$370M
| $1.66M | ﹤0.01% |
+72,680
| New | +$1.71M |
|
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.