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
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.62% |
| 3 | Healthcare | 7.1% |
| 4 | Industrials | 5.08% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
PUT
ExxonMobil
XOM
$628B
| $437M | 0.27% |
5,102,700
+664,700
| +15% | +$60M |
|
27
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58.6B
| $430M | 0.27% |
13,670,200
+2,458,000
| +22% | +$84.9M |
|
|
28
PUT
Palo Alto Networks
PANW
$296B
| $400M | 0.25% |
4,858,200
-1,775,400
| -27% | -$157M |
|
29
Tesla
TSLA
$1.27T
| $397M | 0.25% |
1,768,971
+96,231
| +6% | +$26.3M |
|
30
CALL
Alphabet (Google) Class A
GOOGL
$4.43T
| $371M | 0.23% |
3,406,000
-40,000
| -1% | -$4.71M |
|
|
31
NXP Semiconductors
NXPI
$58.3B
| $368M | 0.23% |
2,488,357
+2,020,213
| +432% | +$351M |
|
|
32
Oracle
ORCL
$416B
| $365M | 0.23% |
5,226,867
+3,808,395
| +268% | +$279M |
|
33
Apple
AAPL
$4.54T
| $365M | 0.23% |
2,668,542
+798
| +0% | +$121K |
|
34
CALL
Meta Platforms (Facebook)
META
$1.5T
| $353M | 0.22% |
2,191,800
+211,500
| +11% | +$40.8M |
|
35
PUT
Citigroup
C
$231B
| $352M | 0.22% |
7,653,200
-789,900
| -9% | -$39.5M |
|
36
PUT
Berkshire Hathaway Class B
BRK.B
$1.12T
| $347M | 0.22% |
1,272,400
-316,900
| -20% | -$99.4M |
|
37
Humana
HUM
$43.7B
| $335M | 0.21% |
715,729
+304,253
| +74% | +$135M |
|
38
PUT
Walt Disney
DIS
$177B
| $331M | 0.21% |
3,509,200
-2,478,200
| -41% | -$275M |
|
|
39
Meta Platforms (Facebook)
META
$1.5T
| $331M | 0.21% |
2,053,959
+744,221
| +57% | +$144M |
|
|
40
Boston Scientific
BSX
$69.2B
| $331M | 0.21% |
8,871,887
+5,002,334
| +129% | +$204M |
|
41
PUT
State Street Technology Select Sector SPDR ETF
XLK
$122B
| $328M | 0.2% |
5,161,400
-3,004,200
| -37% | -$209M |
|
42
Amazon
AMZN
$2.94T
| $320M | 0.2% |
3,008,903
-696,217
| -19% | -$87.1M |
|
43
Advanced Micro Devices
AMD
$786B
| $313M | 0.19% |
4,098,347
+1,181,002
| +40% | +$111M |
|
44
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| $301M | 0.19% |
7,513,072
-4,330,916
| -37% | -$182M |
|
45
Eli Lilly
LLY
$1.04T
| $301M | 0.19% |
927,095
+527,177
| +132% | +$158M |
|
46
PUT
T-Mobile US
TMUS
$186B
| $300M | 0.19% |
2,231,200
+1,239,000
| +125% | +$162M |
|
|
ATVI
47
DELISTED
Activision Blizzard
ATVI
| $299M | 0.19% |
3,835,887
-2,392,248
| -38% | -$186M |
|
48
JPMorgan Chase
JPM
$955B
| $299M | 0.19% |
2,651,997
+1,402,124
| +112% | +$174M |
|
49
TSMC
TSM
$2.15T
| $298M | 0.18% |
3,639,499
+945,986
| +35% | +$87.5M |
|
|
50
CALL
ExxonMobil
XOM
$628B
| $297M | 0.18% |
3,468,000
+215,500
| +7% | +$19.4M |
|
Similar funds
Millennium Management's Q2 2022 Portfolio in Review
As of Q2 2022, Millennium Management held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $7.95B of net new capital in Q2 2022, opening 1,145 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Millennium Management's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Millennium Management added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Millennium Management's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Millennium Management fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Millennium Management's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Millennium Management opened 1,145 new positions and closed 1,065 in Q2 2022.
- Millennium Management's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.