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 | |
|---|---|---|---|---|---|---|
3926
Kymera Therapeutics
KYMR
$8.68B
| $1.5M | ﹤0.01% |
+69,085
| New | +$1.82M |
|
3927
Genie Energy
GNE
$373M
| $1.5M | ﹤0.01% |
160,552
+123,419
| +332% | +$1.2M |
|
3928
Manchester United
MANU
$3.84B
| $1.5M | ﹤0.01% |
113,049
-1,124,901
| -91% | -$14.1M |
|
3929
Gentherm
THRM
$1.28B
| $1.5M | ﹤0.01% |
30,091
+8,615
| +40% | +$522K |
|
3930
Regional Management Corp
RM
$300M
| $1.5M | ﹤0.01% |
53,332
+8,093
| +18% | +$294K |
|
3931
CALL
Adicet Bio
ACET
$85.6M
| $1.49M | ﹤0.01% |
+6,563
| New | +$1.67M |
|
3932
Meridian
MRBK
$236M
| $1.49M | ﹤0.01% |
102,318
-13,374
| -12% | -$199K |
|
|
SAMA
3933
DELISTED
Schultze Special Purpose Acquisition Corp. II Class A Common Stock
SAMA
| $1.49M | ﹤0.01% |
150,000
| – | – |
|
3934
Adecoagro
AGRO
$1.34B
| $1.49M | ﹤0.01% |
179,582
+132,249
| +279% | +$1.11M |
|
3935
Sturm, Ruger & Co
RGR
$614M
| $1.49M | ﹤0.01% |
29,308
+23,702
| +423% | +$1.37M |
|
|
ENV
3936
DELISTED
ENVESTNET, INC.
ENV
| $1.49M | ﹤0.01% |
33,533
+20,341
| +154% | +$1.09M |
|
|
ALTR
3937
DELISTED
Altair Engineering Inc
ALTR
| $1.49M | ﹤0.01% |
33,572
-158,614
| -83% | -$8.31M |
|
3938
PUT
Fortinet
FTNT
$120B
| $1.48M | ﹤0.01% |
30,200
-59,600
| -66% | -$3.23M |
|
3939
Vanda Pharmaceuticals
VNDA
$306M
| $1.48M | ﹤0.01% |
149,957
-1,040,453
| -87% | -$11M |
|
|
XXII
3940
22nd Century Group
XXII
$1.5M
| – | – |
0
| – | – |
|
|
3941
CALL
Fortinet
FTNT
$120B
| $1.48M | ﹤0.01% |
30,100
-69,900
| -70% | -$3.79M |
|
3942
Emergent Biosolutions
EBS
$389M
| $1.48M | ﹤0.01% |
70,326
-346,449
| -83% | -$9.64M |
|
3943
Civeo
CVEO
$358M
| $1.48M | ﹤0.01% |
58,681
+4,629
| +9% | +$126K |
|
3944
Vera Bradley
VRA
$99.2M
| $1.48M | ﹤0.01% |
490,150
-184,080
| -27% | -$741K |
|
|
NXDT
3945
NexPoint Diversified Real Estate Trust
NXDT
$234M
| $1.47M | ﹤0.01% |
117,464
+2,664
| +2% | +$41.4K |
|
|
RACB
3946
DELISTED
Research Alliance Corp. II Class A Common Stock
RACB
| $1.47M | ﹤0.01% |
149,973
-14,620
| -9% | -$143K |
|
3947
PUT
VanEck Junior Gold Miners ETF
GDXJ
$7.87B
| $1.47M | ﹤0.01% |
50,000
| – | – |
|
3948
Stryker
SYK
$129B
| $1.47M | ﹤0.01% |
7,237
-11,966
| -62% | -$2.52M |
|
|
ZIMV
3949
DELISTED
ZimVie
ZIMV
| $1.46M | ﹤0.01% |
+148,235
| New | +$2.39M |
|
3950
CALL
Crown Castle
CCI
$32.3B
| $1.46M | ﹤0.01% |
10,100
-5,700
| -36% | -$976K |
|
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.