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 | |
|---|---|---|---|---|---|---|
4201
Syntec Optics
OPTX
$319M
| $1.08M | ﹤0.01% |
107,320
+67,820
| +172% | +$681K |
|
|
MREO
4202
Mereo BioPharma
MREO
$51.4M
| $1.08M | ﹤0.01% |
1,253,611
+551,715
| +79% | +$675K |
|
4203
HSBC
HSBC
$364B
| $1.08M | ﹤0.01% |
41,280
-28,748
| -41% | -$893K |
|
4204
Franklin Resources
BEN
$18.2B
| $1.07M | ﹤0.01% |
49,976
-16,507
| -25% | -$424K |
|
4205
PUT
iShares MSCI Brazil ETF
EWZ
$9.14B
| $1.07M | ﹤0.01% |
+36,200
| New | +$1.07M |
|
|
FSFG
4206
DELISTED
First Savings Financial Group
FSFG
| $1.07M | ﹤0.01% |
46,631
+655
| +1% | +$15.3K |
|
4207
Invesco Food & Beverage ETF
PBJ
$108M
| $1.07M | ﹤0.01% |
25,471
-6,175
| -20% | -$279K |
|
|
SUP
4208
DELISTED
Superior Industries International
SUP
| $1.07M | ﹤0.01% |
354,399
+33,353
| +10% | +$147K |
|
|
MCAE
4209
DELISTED
Mountain Crest Acquisition Corp. III Common Stock
MCAE
| $1.07M | ﹤0.01% |
107,459
| – | – |
|
|
RDFN
4210
DELISTED
Redfin
RDFN
| $1.07M | ﹤0.01% |
182,669
+74,667
| +69% | +$663K |
|
|
CZOO
4211
DELISTED
Cazoo Group Ltd
CZOO
| $1.07M | ﹤0.01% |
1,159
+1,094
| +1,683% | +$1.46M |
|
4212
Cadiz
CDZI
$267M
| $1.07M | ﹤0.01% |
561,166
-77,306
| -12% | -$260K |
|
|
DSAQ
4213
DELISTED
Direct Selling Acquisition Corp.
DSAQ
| $1.06M | ﹤0.01% |
104,971
| – | – |
|
|
VRNT
4214
DELISTED
Verint Systems
VRNT
| $1.06M | ﹤0.01% |
31,529
+10,735
| +52% | +$468K |
|
4215
ClearPoint Neuro
CLPT
$386M
| $1.06M | ﹤0.01% |
102,149
-88,397
| -46% | -$1.16M |
|
|
RWT
4216
Redwood Trust
RWT
$589M
| $1.06M | ﹤0.01% |
184,276
-69,948
| -28% | -$541K |
|
4217
Douglas Elliman
DOUG
$160M
| $1.05M | ﹤0.01% |
270,187
+253,236
| +1,494% | +$1.25M |
|
4218
PUT
Kinross Gold
KGC
$28B
| $1.05M | ﹤0.01% |
280,500
-17,100
| -6% | -$58.1K |
|
|
OPT
4219
DELISTED
Opthea Limited American Depositary Shares
OPT
| $1.05M | ﹤0.01% |
170,206
| – | – |
|
4220
SB Financial Group
SBFG
$164M
| $1.05M | ﹤0.01% |
62,505
+771
| +1% | +$13.3K |
|
4221
Equity Bancshares
EQBK
$1.06B
| $1.05M | ﹤0.01% |
35,510
+22,247
| +168% | +$687K |
|
4222
CALL
Vivid Seats Inc Warrant
SEATW
$475K
| $1.05M | ﹤0.01% |
533,333
| – | – |
|
4223
First Mid Bancshares
FMBH
$1.4B
| $1.05M | ﹤0.01% |
32,846
-5,458
| -14% | -$198K |
|
4224
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.76B
| $1.05M | ﹤0.01% |
44,156
-3,959
| -8% | -$97.6K |
|
|
DHBCU
4225
DELISTED
DHB Capital Corp. Unit
DHBCU
| $1.05M | ﹤0.01% |
107,008
| – | – |
|
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.