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 | |
|---|---|---|---|---|---|---|
4526
Ingles Markets
IMKTA
$1.74B
| $738K | ﹤0.01% |
9,323
+6,011
| +181% | +$547K |
|
|
OPRA
4527
Opera Ltd
OPRA
$1.84B
| $738K | ﹤0.01% |
169,973
+32,816
| +24% | +$158K |
|
4528
MKS Inc
MKSI
$21.7B
| $736K | ﹤0.01% |
8,908
-26,699
| -75% | -$2.75M |
|
|
CVGW
4529
DELISTED
Calavo Growers
CVGW
| $735K | ﹤0.01% |
+23,157
| New | +$930K |
|
4530
Escalade
ESCA
$303M
| $735K | ﹤0.01% |
73,917
-70,283
| -49% | -$827K |
|
4531
Mistras Group
MG
$507M
| $735K | ﹤0.01% |
164,765
-55,404
| -25% | -$314K |
|
4532
Seaboard Corp
SEB
$4.21B
| $735K | ﹤0.01% |
216
+125
| +137% | +$483K |
|
|
SWN
4533
CALL
DELISTED
Southwestern Energy Company
SWN
| $734K | ﹤0.01% |
+120,000
| New | +$830K |
|
4534
DocGo
DCGO
$64.4M
| $731K | ﹤0.01% |
+73,692
| New | +$665K |
|
|
TTSH
4535
DELISTED
Tile Shop Holdings
TTSH
| $731K | ﹤0.01% |
207,671
-90,131
| -30% | -$323K |
|
|
MMX
4536
DELISTED
Maverix Metals Inc. Common Shares
MMX
| $731K | ﹤0.01% |
218,430
+188,704
| +635% | +$715K |
|
4537
Relmada Therapeutics
RLMD
$574M
| $730K | ﹤0.01% |
19,730
-98,780
| -83% | -$2.74M |
|
4538
Alerus Financial
ALRS
$853M
| $729K | ﹤0.01% |
32,999
+16,878
| +105% | +$398K |
|
4539
PUT
Lumen
LUMN
$6.91B
| $728K | ﹤0.01% |
100,000
-514,200
| -84% | -$5.23M |
|
4540
Pitney Bowes
PBI
$2.52B
| $728K | ﹤0.01% |
312,633
-1,005,371
| -76% | -$3.23M |
|
|
JWSM.U
4541
DELISTED
Jaws Mustang Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-fourth of one redeemable warrant
JWSM.U
| $728K | ﹤0.01% |
73,058
| – | – |
|
4542
Century Aluminum
CENX
$4.66B
| $727K | ﹤0.01% |
137,631
-1,204,180
| -90% | -$9.15M |
|
4543
CRA International
CRAI
$1.17B
| $727K | ﹤0.01% |
+8,192
| New | +$752K |
|
4544
NETGEAR
NTGR
$659M
| $727K | ﹤0.01% |
+36,279
| New | +$816K |
|
|
TPC
4545
Tutor Perini Cor
TPC
$4.51B
| $727K | ﹤0.01% |
+131,749
| New | +$1,000K |
|
4546
American Outdoor Brands
AOUT
$157M
| $726K | ﹤0.01% |
82,737
-71,819
| -46% | -$611K |
|
|
NARI
4547
CALL
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $726K | ﹤0.01% |
+10,000
| New | +$745K |
|
|
MMV
4548
DELISTED
MultiMetaVerse Holdings Limited Class A Ordinary Share
MMV
| $726K | ﹤0.01% |
70,283
+2,133
| +3% | +$21.9K |
|
4549
Banco Santander
SAN
$207B
| $725K | ﹤0.01% |
312,292
-367,061
| -54% | -$918K |
|
|
CTLT
4550
PUT
DELISTED
CATALENT, INC.
CTLT
| $724K | ﹤0.01% |
+10,000
| New | +$993K |
|
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.