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 | |
|---|---|---|---|---|---|---|
|
DCBO
5326
Docebo
DCBO
$525M
| $291K | ﹤0.01% |
10,792
-107,526
| -91% | -$3.27M |
|
5327
Fidus Investment
FDUS
$749M
| $291K | ﹤0.01% |
16,966
-10,763
| -39% | -$204K |
|
|
NOA
5328
North American Construction
NOA
$369M
| $291K | ﹤0.01% |
30,410
-151,847
| -83% | -$1.7M |
|
5329
PUT
Under Armour
UAA
$2.84B
| $291K | ﹤0.01% |
43,800
+3,800
| +10% | +$33.3K |
|
|
SRT
5330
DELISTED
Startek Inc.
SRT
| $291K | ﹤0.01% |
97,151
-33,325
| -26% | -$115K |
|
|
DKDCU
5331
DELISTED
Data Knights Acquisition Corp. Unit
DKDCU
| $291K | ﹤0.01% |
27,966
-380
| -1% | -$3.95K |
|
|
INN
5332
Summit Hotel Properties
INN
$746M
| $290K | ﹤0.01% |
43,205
-93,436
| -68% | -$730K |
|
5333
Bowman Consulting
BWMN
$470M
| $289K | ﹤0.01% |
19,801
-9,246
| -32% | -$134K |
|
5334
CuriosityStream
CURI
$145M
| $289K | ﹤0.01% |
198,267
-130,704
| -40% | -$229K |
|
5335
Barnes & Noble Education
BNED
$431M
| $288K | ﹤0.01% |
1,201
-6,548
| -85% | -$1.75M |
|
5336
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $288K | ﹤0.01% |
+5,732
| New | +$288K |
|
5337
TriMas Corp
TRS
$1.43B
| $288K | ﹤0.01% |
11,495
-1,260
| -10% | -$34.7K |
|
5338
Envela
ELA
$563M
| $287K | ﹤0.01% |
+56,622
| New | +$401K |
|
|
VINC
5339
DELISTED
Vincerx Pharma, Inc. Common Stock
VINC
| $287K | ﹤0.01% |
10,381
-4,949
| -32% | -$142K |
|
|
GLOP
5340
DELISTED
GASLOG PARTNERS LP
GLOP
| $287K | ﹤0.01% |
+55,539
| New | +$315K |
|
5341
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.05B
| $285K | ﹤0.01% |
+10,881
| New | +$301K |
|
5342
Cato Corp
CATO
$68.3M
| $285K | ﹤0.01% |
29,919
+281
| +0.9% | +$3.17K |
|
|
BGMS
5343
Bio Green Med Solution Inc
BGMS
$4.91M
| $285K | ﹤0.01% |
54
+25
| +86% | +$127K |
|
|
RFMZ
5344
RiverNorth Flexible Municipal Income Fund II
RFMZ
$318M
| $285K | ﹤0.01% |
+21,519
| New | +$313K |
|
|
SNCR
5345
DELISTED
Synchronoss Technologies
SNCR
| $285K | ﹤0.01% |
27,763
-18,429
| -40% | -$234K |
|
5346
First Bank
FRBA
$464M
| $284K | ﹤0.01% |
+20,755
| New | +$307K |
|
5347
NovoCure
NVCR
$1.73B
| $284K | ﹤0.01% |
3,738
-79,897
| -96% | -$6.23M |
|
5348
PUT
Bio-Techne
TECH
$11.2B
| $284K | ﹤0.01% |
+4,000
| New | +$346K |
|
5349
CALL
Dentsply Sirona
XRAY
$2.68B
| $284K | ﹤0.01% |
+10,000
| New | +$342K |
|
5350
Spruce Power Holding Corp
SPRU
$35.8M
| $283K | ﹤0.01% |
39,809
-125,561
| -76% | -$1.19M |
|
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.