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
|
+$917M |
| 2 |
Salesforce
CRM
|
+$378M |
| 3 |
Boeing
BA
|
+$297M |
| 4 |
DexCom
DXCM
|
+$292M |
| 5 |
Amazon
AMZN
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$779M |
| 2 |
Chevron
CVX
|
+$569M |
| 3 |
Home Depot
HD
|
+$292M |
| 4 |
PepsiCo
PEP
|
+$259M |
| 5 |
Chubb
CB
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.22% |
| 2 | Healthcare | 7.51% |
| 3 | Financials | 7.44% |
| 4 | Industrials | 5.79% |
| 5 | Consumer Discretionary | 5.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4301
BlackRock Resources & Commodities Strategy Trust
BCX
$932M
| $813K | ﹤0.01% |
+81,565
| New | +$775K |
|
4302
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $811K | ﹤0.01% |
+25,487
| New | +$806K |
|
4303
Willis Lease Finance
WLFC
$1.29B
| $811K | ﹤0.01% |
41,217
-17,634
| -30% | -$264K |
|
4304
ChargePoint
CHPT
$160M
| $810K | ﹤0.01% |
4,249
-7,802
| -65% | -$1.9M |
|
4305
PUT
Cemex
CX
$16.3B
| $810K | ﹤0.01% |
200,000
| – | – |
|
|
JBGS
4306
JBG SMITH
JBGS
$706M
| $810K | ﹤0.01% |
42,681
-145,673
| -77% | -$2.81M |
|
4307
CALL
Relay Therapeutics
RLAY
$4.16B
| $810K | ﹤0.01% |
+54,200
| New | +$1.04M |
|
|
SMLR
4308
DELISTED
Semler Scientific
SMLR
| $810K | ﹤0.01% |
24,547
-258
| -1% | -$8.95K |
|
4309
Neurogene
NGNE
$691M
| $808K | ﹤0.01% |
79,363
-5,406
| -6% | -$55.8K |
|
4310
CALL
Smith & Nephew
SNN
$12.7B
| $807K | ﹤0.01% |
30,000
-48,600
| -62% | -$1.22M |
|
4311
AXIS Capital
AXS
$7.54B
| $806K | ﹤0.01% |
14,888
+7,122
| +92% | +$385K |
|
4312
Matthews International
MATW
$734M
| $806K | ﹤0.01% |
26,468
-122,301
| -82% | -$3.42M |
|
4313
Pathward Financial
CASH
$1.84B
| $805K | ﹤0.01% |
18,694
-33,603
| -64% | -$1.38M |
|
4314
Fortune Brands Innovations
FBIN
$6.06B
| $805K | ﹤0.01% |
14,097
-1,542,277
| -99% | -$81.1M |
|
4315
Farmers & Merchants Bancorp
FMAO
$474M
| $805K | ﹤0.01% |
29,629
-70,468
| -70% | -$1.98M |
|
4316
First Bank
FRBA
$451M
| $802K | ﹤0.01% |
58,256
+37,501
| +181% | +$553K |
|
4317
PUT
Fortinet
FTNT
$118B
| $802K | ﹤0.01% |
16,400
-13,800
| -46% | -$719K |
|
4318
HBT Financial
HBT
$1.31B
| $801K | ﹤0.01% |
+40,932
| New | +$806K |
|
4319
RELX
RELX
$62.2B
| $801K | ﹤0.01% |
28,911
-40,254
| -58% | -$1.08M |
|
4320
PUT
Sea Limited
SE
$69.7B
| $801K | ﹤0.01% |
15,400
+6,400
| +71% | +$345K |
|
4321
RE/MAX Holdings
RMAX
$244M
| $800K | ﹤0.01% |
42,943
-77,148
| -64% | -$1.47M |
|
4322
Omeros
OMER
$957M
| $799K | ﹤0.01% |
353,392
-152,000
| -30% | -$419K |
|
|
NBXG
4323
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.2B
| $798K | ﹤0.01% |
+87,701
| New | +$832K |
|
4324
PUT
Transocean
RIG
$5.95B
| $798K | ﹤0.01% |
175,000
-1,591,600
| -90% | -$6.14M |
|
4325
CALL
BP
BP
$108B
| $796K | ﹤0.01% |
+22,800
| New | +$759K |
|
Similar funds
Millennium Management's Q4 2022 Portfolio in Review
As of Q4 2022, Millennium Management held 7,859 positions worth $181B, up 6.9% from $169B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management's Q4 2022 filing shows 848 new, 2,517 increased, 2,492 reduced and 1,332 closed positions. Its largest new stake was Keurig Dr Pepper: 4,680,704 shares worth $167M. The largest sale was Duke Realty Corp., an estimated $779M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.9% a quarter earlier, followed by Healthcare and Financials.
- Millennium Management's largest Q4 2022 buy was Keurig Dr Pepper: 4,680,704 shares worth $167M.
- Millennium Management added most to Invesco QQQ Trust in Q4 2022, an estimated $917M increase.
- Millennium Management's biggest Q4 2022 reduction was Chevron, cutting an estimated $569M.
- Millennium Management fully exited Duke Realty Corp. in Q4 2022, selling an estimated $779M.
- Millennium Management's ten largest holdings make up 20% of its $181B portfolio in Q4 2022.
- Millennium Management opened 848 new positions and closed 1,332 in Q4 2022.
- Millennium Management's portfolio value rose 6.9% quarter-over-quarter to $181B.
Based on Millennium Management's 13F filing for Q4 2022, filed 14 Feb 2023.