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 | |
|---|---|---|---|---|---|---|
4276
Gladstone Investment Corp
GAIN
$662M
| $994K | ﹤0.01% |
82,167
+53,344
| +185% | +$767K |
|
4277
PUT
Republic Services
RSG
$64.5B
| $993K | ﹤0.01% |
+7,300
| New | +$1.02M |
|
|
SAFE
4278
Safehold
SAFE
$1.16B
| $992K | ﹤0.01% |
22,014
-288,910
| -93% | -$20.1M |
|
|
ITI
4279
DELISTED
Iteris, Inc.
ITI
| $990K | ﹤0.01% |
333,328
-220,355
| -40% | -$659K |
|
|
SPKBU
4280
DELISTED
Silver Spike Acquisition Corp II Units
SPKBU
| $990K | ﹤0.01% |
100,000
-7,724
| -7% | -$76.1K |
|
|
YOTAR
4281
CALL
DELISTED
Yotta Acquisition Corporation Right
YOTAR
| $989K | ﹤0.01% |
+100,000
| New | +$7.83K |
|
|
MASI
4282
PUT
DELISTED
Masimo
MASI
| $988K | ﹤0.01% |
7,000
-28,300
| -80% | -$4.13M |
|
4283
PUT
Revolution Medicines
RVMD
$38.8B
| $988K | ﹤0.01% |
+50,100
| New | +$1.1M |
|
4284
PUT
RUM Group Inc
RUM
$1.77B
| $987K | ﹤0.01% |
+80,600
| New | +$883K |
|
4285
Commercial Vehicle Group
CVGI
$156M
| $984K | ﹤0.01% |
218,690
-176,312
| -45% | -$1.13M |
|
4286
PUT
Envista
NVST
$4.45B
| $984K | ﹤0.01% |
+30,000
| New | +$1.14M |
|
4287
CALL
StoneCo
STNE
$2.73B
| $983K | ﹤0.01% |
+103,200
| New | +$988K |
|
4288
Cue Biopharma
CUE
$113M
| $982K | ﹤0.01% |
14,679
-5,395
| -27% | -$464K |
|
|
AGR
4289
DELISTED
Avangrid, Inc.
AGR
| $982K | ﹤0.01% |
23,548
-503,619
| -96% | -$24.2M |
|
4290
Tennant Co
TNC
$1.46B
| $980K | ﹤0.01% |
+17,329
| New | +$1.09M |
|
|
ORGN
4291
DELISTED
Origin Materials
ORGN
| $978K | ﹤0.01% |
6,320
-4,520
| -42% | -$800K |
|
|
TSE
4292
DELISTED
Trinseo
TSE
| $978K | ﹤0.01% |
53,375
-806,901
| -94% | -$25.3M |
|
|
CRESY
4293
Cresud
CRESY
$796M
| $969K | ﹤0.01% |
184,378
+101,888
| +124% | +$555K |
|
|
GAN
4294
DELISTED
GAN Ltd
GAN
| $967K | ﹤0.01% |
435,730
-265,280
| -38% | -$805K |
|
4295
Vanguard Russell 2000 ETF
VTWO
$18B
| $967K | ﹤0.01% |
+14,506
| New | +$1.07M |
|
|
IDEX
4296
DELISTED
Ideanomics, Inc. Common Stock
IDEX
| $966K | ﹤0.01% |
28,090
-38,093
| -58% | -$2.89M |
|
|
SBNY
4297
PUT
DELISTED
Signature Bank
SBNY
| $966K | ﹤0.01% |
6,400
-100
| -2% | -$18.2K |
|
4298
Luxfer Holdings
LXFR
$459M
| $965K | ﹤0.01% |
+66,536
| New | +$1.05M |
|
|
RMO
4299
DELISTED
Romeo Power, Inc.
RMO
| $964K | ﹤0.01% |
2,409,980
-1,218,882
| -34% | -$734K |
|
4300
Banc of California
BANC
$3.05B
| $963K | ﹤0.01% |
60,288
-142,742
| -70% | -$2.49M |
|
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.