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 | |
|---|---|---|---|---|---|---|
4376
Barrett Business Services
BBSI
$770M
| $743K | ﹤0.01% |
31,860
-197,020
| -86% | -$4.46M |
|
4377
First Watch Restaurant Group
FWRG
$778M
| $743K | ﹤0.01% |
54,937
-90,409
| -62% | -$1.38M |
|
4378
3D Systems Corp
DDD
$598M
| $742K | ﹤0.01% |
100,315
-42,830
| -30% | -$376K |
|
4379
Zurn Elkay Water Solutions
ZWS
$8.6B
| $741K | ﹤0.01% |
35,041
-176,383
| -83% | -$4.16M |
|
|
HA
4380
DELISTED
Hawaiian Holdings, Inc.
HA
| $737K | ﹤0.01% |
71,788
-517,068
| -88% | -$6.91M |
|
|
AVEO
4381
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $737K | ﹤0.01% |
49,299
-102,018
| -67% | -$1.41M |
|
4382
Global Water Resources
GWRS
$214M
| $736K | ﹤0.01% |
55,441
+23,795
| +75% | +$300K |
|
4383
Kearny Financial
KRNY
$604M
| $736K | ﹤0.01% |
72,554
+39,153
| +117% | +$393K |
|
4384
Usana Health Sciences
USNA
$270M
| $736K | ﹤0.01% |
13,841
+7,574
| +121% | +$410K |
|
4385
Smart Sand
SND
$191M
| $734K | ﹤0.01% |
410,270
+40,435
| +11% | +$76.6K |
|
4386
iShares MSCI South Africa ETF
EZA
$568M
| $733K | ﹤0.01% |
17,291
-67,037
| -79% | -$2.74M |
|
4387
CALL
Kroger
KR
$35.1B
| $731K | ﹤0.01% |
16,400
+2,500
| +18% | +$115K |
|
|
NXDR
4388
Nextdoor Holdings
NXDR
$975M
| $730K | ﹤0.01% |
354,598
-671,887
| -65% | -$1.57M |
|
4389
CALL
STAAR Surgical
STAA
$1.14B
| $728K | ﹤0.01% |
15,000
+5,000
| +50% | +$314K |
|
|
TAST
4390
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $727K | ﹤0.01% |
534,907
+135,260
| +34% | +$211K |
|
|
FSR
4391
PUT
DELISTED
Fisker Inc.
FSR
| $727K | ﹤0.01% |
+100,000
| New | +$744K |
|
|
DEN
4392
DELISTED
Denbury Inc.
DEN
| $726K | ﹤0.01% |
8,343
-151,665
| -95% | -$13.8M |
|
|
DHIL
4393
DELISTED
Diamond Hill
DHIL
| $723K | ﹤0.01% |
3,905
+2,276
| +140% | +$404K |
|
4394
Triple Flag Precious Metals
TFPM
$6.6B
| $722K | ﹤0.01% |
57,475
-3,519
| -6% | -$43.1K |
|
4395
CALL
Design Therapeutics
DSGN
$867M
| $721K | ﹤0.01% |
70,300
+30,300
| +76% | +$411K |
|
|
FPF
4396
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.07B
| $721K | ﹤0.01% |
42,741
+31,624
| +284% | +$529K |
|
4397
Global Net Lease
GNL
$1.9B
| $721K | ﹤0.01% |
57,366
+16,887
| +42% | +$209K |
|
|
ARGO
4398
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $721K | ﹤0.01% |
27,905
-226,305
| -89% | -$5.58M |
|
|
FONR
4399
DELISTED
Fonar
FONR
| $720K | ﹤0.01% |
42,967
-22,408
| -34% | -$377K |
|
|
NOVA
4400
PUT
DELISTED
Sunnova Energy
NOVA
| $720K | ﹤0.01% |
40,000
-200,000
| -83% | -$4.03M |
|
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.