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 | |
|---|---|---|---|---|---|---|
4326
PUT
Ralph Lauren
RL
$22.5B
| $934K | ﹤0.01% |
11,000
+5,400
| +96% | +$509K |
|
|
TPBA
4327
DELISTED
TPB Acquisition Corporation I Class A Ordinary Share
TPBA
| $934K | ﹤0.01% |
94,104
-6,822
| -7% | -$66.9K |
|
|
CEPU
4328
Central Puerto
CEPU
$2.17B
| $933K | ﹤0.01% |
212,127
+104,147
| +96% | +$407K |
|
|
SMLR
4329
DELISTED
Semler Scientific
SMLR
| $931K | ﹤0.01% |
24,805
-15,982
| -39% | -$603K |
|
4330
Aspen Aerogels
ASPN
$419M
| $928K | ﹤0.01% |
100,677
-103,428
| -51% | -$1.25M |
|
|
VGR
4331
DELISTED
Vector Group Ltd.
VGR
| $928K | ﹤0.01% |
105,320
-240,832
| -70% | -$2.44M |
|
|
RMGCU
4332
DELISTED
RMG Acquisition Corp. III Unit
RMGCU
| $928K | ﹤0.01% |
93,240
-4,716
| -5% | -$46.7K |
|
|
SAFE
4333
PUT
Safehold
SAFE
$1.16B
| $926K | ﹤0.01% |
20,544
| – | – |
|
|
FONR
4334
DELISTED
Fonar
FONR
| $925K | ﹤0.01% |
65,375
+1,787
| +3% | +$26.1K |
|
4335
LendingTree
TREE
$474M
| $925K | ﹤0.01% |
38,788
-32,186
| -45% | -$1.26M |
|
4336
Uranium Energy
UEC
$5.2B
| $925K | ﹤0.01% |
+264,424
| New | +$1.01M |
|
4337
DLH Holdings
DLHC
$70.1M
| $924K | ﹤0.01% |
75,289
+36,468
| +94% | +$574K |
|
4338
City Holding Co
CHCO
$2.06B
| $921K | ﹤0.01% |
10,389
-8,654
| -45% | -$740K |
|
4339
ZTO Express
ZTO
$18.2B
| $920K | ﹤0.01% |
38,280
-321,629
| -89% | -$8.39M |
|
4340
CALL
Antero Midstream
AM
$10.4B
| $918K | ﹤0.01% |
100,000
| – | – |
|
|
GNTY
4341
DELISTED
Guaranty Bancshares
GNTY
| $918K | ﹤0.01% |
+26,547
| New | +$952K |
|
4342
Matrix Service
MTRX
$343M
| $915K | ﹤0.01% |
220,993
-222,724
| -50% | -$1.14M |
|
4343
PUT
Ovintiv
OVV
$16.8B
| $915K | ﹤0.01% |
19,900
-2,400
| -11% | -$115K |
|
|
AVAC
4344
DELISTED
Avalon Acquisition Inc. Class A Common Stock
AVAC
| $915K | ﹤0.01% |
91,005
-8
| -0% | -$80 |
|
|
GSEVU
4345
DELISTED
Gores Holdings VII, Inc. Units
GSEVU
| $915K | ﹤0.01% |
93,000
| – | – |
|
4346
BWX Technologies
BWXT
$15.8B
| $911K | ﹤0.01% |
18,095
-446,299
| -96% | -$24.1M |
|
4347
Flexsteel Industries
FLXS
$316M
| $910K | ﹤0.01% |
57,993
-18,683
| -24% | -$326K |
|
4348
Kimbell Royalty Partners
KRP
$1.44B
| $905K | ﹤0.01% |
53,271
-14,933
| -22% | -$256K |
|
4349
PUT
Molson Coors Class B
TAP
$7.93B
| $902K | ﹤0.01% |
18,800
| – | – |
|
|
TRTX
4350
TPG RE Finance Trust
TRTX
$614M
| $902K | ﹤0.01% |
128,795
-556,398
| -81% | -$5.29M |
|
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.