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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.62% |
| 3 | Healthcare | 7.1% |
| 4 | Industrials | 5.08% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
CALL
Gilead Sciences
GILD
$162B
| $83.4M | 0.05% |
1,349,100
+889,000
| +193% | +$55M |
|
377
CALL
3M
MMM
$93.2B
| $83.1M | 0.05% |
767,952
+398,149
| +108% | +$48.1M |
|
378
Fox Class A
FOXA
$25.9B
| $82.9M | 0.05% |
2,576,443
-695,275
| -21% | -$24.5M |
|
379
PUT
American Express
AXP
$231B
| $82.8M | 0.05% |
597,300
-12,800
| -2% | -$2.11M |
|
380
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $82.7M | 0.05% |
1,123,500
-376,500
| -25% | -$29.3M |
|
381
Dow Inc
DOW
$21.9B
| $82.5M | 0.05% |
1,599,457
-105,110
| -6% | -$6.73M |
|
382
Corteva
CTVA
$51.3B
| $82.3M | 0.05% |
1,519,316
+1,051,277
| +225% | +$61M |
|
383
Vertex Pharmaceuticals
VRTX
$123B
| $82.1M | 0.05% |
291,503
-21,633
| -7% | -$5.79M |
|
384
Emerson Electric
EMR
$87.5B
| $81.9M | 0.05% |
1,029,630
-1,086,730
| -51% | -$95.8M |
|
385
Martin Marietta Materials
MLM
$32.3B
| $81.5M | 0.05% |
272,452
+59,523
| +28% | +$20.3M |
|
386
Stride
LRN
$3.4B
| $81.3M | 0.05% |
1,992,427
+1,836,679
| +1,179% | +$68M |
|
387
OR Royalties Inc
OR
$6.03B
| $80.8M | 0.05% |
8,003,810
+1,238,254
| +18% | +$14.9M |
|
388
NVIDIA
NVDA
$5.3T
| $80.6M | 0.05% |
5,317,210
-3,016,070
| -36% | -$56.9M |
|
389
PUT
PayPal
PYPL
$51.1B
| $80.4M | 0.05% |
1,151,800
-686,400
| -37% | -$59.5M |
|
390
KBR
KBR
$4.74B
| $80.2M | 0.05% |
1,657,073
+828,932
| +100% | +$40.9M |
|
391
Deere & Co
DE
$166B
| $80M | 0.05% |
267,244
+229,302
| +604% | +$84.4M |
|
|
392
CALL
NVIDIA
NVDA
$5.3T
| $80M | 0.05% |
5,278,000
+3,007,000
| +132% | +$56.8M |
|
393
PUT
Analog Devices
ADI
$184B
| $80M | 0.05% |
547,600
+445,000
| +434% | +$70.1M |
|
394
Cencora
COR
$63.2B
| $79.9M | 0.05% |
564,578
+288,903
| +105% | +$44.2M |
|
395
Hyatt Hotels
H
$16.9B
| $79.9M | 0.05% |
1,080,381
+503,817
| +87% | +$43.7M |
|
|
STOR
396
DELISTED
STORE Capital Corporation
STOR
| $79.8M | 0.05% |
3,061,158
+83,937
| +3% | +$2.32M |
|
397
Texas Roadhouse
TXRH
$13.7B
| $79.2M | 0.05% |
1,082,220
-128,800
| -11% | -$10.1M |
|
398
CALL
Charter Communications
CHTR
$18.8B
| $79.2M | 0.05% |
169,000
-1,800
| -1% | -$878K |
|
399
Rogers Corp
ROG
$2.39B
| $79.1M | 0.05% |
301,762
-49,134
| -14% | -$13.1M |
|
400
Amphenol
APH
$210B
| $78.9M | 0.05% |
2,451,434
+55,828
| +2% | +$1.94M |
|
Similar funds
Millennium Management's Q2 2022 Portfolio in Review
As of Q2 2022, Millennium Management held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Millennium Management's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Millennium Management added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Millennium Management's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Millennium Management fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Millennium Management's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Millennium Management opened 1,144 new positions and closed 1,065 in Q2 2022.
- Millennium Management's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.