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 | 5.78% |
| 5 | Consumer Discretionary | 5.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HES
576
PUT
DELISTED
Hess
HES
| $67M | 0.04% |
472,200
+155,700
| +49% | +$21.4M |
|
577
Simon Property Group
SPG
$71.7B
| $66.9M | 0.04% |
569,619
+453,732
| +392% | +$50.4M |
|
578
Carlisle Companies
CSL
$14.9B
| $66.9M | 0.04% |
283,747
-271,932
| -49% | -$70M |
|
579
PUT
KLA
KLAC
$274B
| $66.8M | 0.04% |
1,773,000
+1,034,000
| +140% | +$36M |
|
580
Raymond James Financial
RJF
$34.8B
| $66.8M | 0.04% |
625,476
+476,412
| +320% | +$53.5M |
|
581
Polaris
PII
$3.91B
| $66.8M | 0.04% |
661,440
+619,406
| +1,474% | +$64.5M |
|
|
ATVI
582
CALL
DELISTED
Activision Blizzard
ATVI
| $66.7M | 0.04% |
871,100
+517,600
| +146% | +$38.4M |
|
583
Etsy
ETSY
$7.4B
| $66.7M | 0.04% |
556,473
+438,185
| +370% | +$50.1M |
|
584
O'Reilly Automotive
ORLY
$74.9B
| $66.6M | 0.04% |
1,182,855
-493,410
| -29% | -$26.5M |
|
585
PUT
Intuitive Surgical
ISRG
$142B
| $66.3M | 0.04% |
250,000
-17,600
| -7% | -$4.29M |
|
586
Booking.com
BKNG
$160B
| $66.3M | 0.04% |
822,750
-722,200
| -47% | -$54.8M |
|
587
Hyatt Hotels
H
$16.9B
| $66.3M | 0.04% |
732,534
-672,100
| -48% | -$61.7M |
|
588
PUT
Analog Devices
ADI
$186B
| $66.3M | 0.04% |
403,900
-198,700
| -33% | -$31M |
|
589
Johnson & Johnson
JNJ
$632B
| $66.2M | 0.04% |
374,832
-521,381
| -58% | -$90M |
|
590
Ingredion
INGR
$6.63B
| $66.1M | 0.04% |
675,349
+136,759
| +25% | +$12.6M |
|
591
Datadog
DDOG
$90.6B
| $66.1M | 0.04% |
899,583
+518,267
| +136% | +$40.5M |
|
592
Capital One
COF
$137B
| $66.1M | 0.04% |
711,117
+61,169
| +9% | +$6.01M |
|
593
Ventas
VTR
$46.3B
| $66.1M | 0.04% |
1,466,811
+853,981
| +139% | +$36M |
|
594
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $66M | 0.04% |
1,061,166
+89,326
| +9% | +$5.67M |
|
|
CUTR
595
DELISTED
Cutera, Inc.
CUTR
| $65.9M | 0.04% |
1,490,072
-61,375
| -4% | -$2.8M |
|
|
596
PUT
Chubb
CB
$133B
| $65.8M | 0.04% |
298,400
-3,400
| -1% | -$707K |
|
597
PUT
lululemon athletica
LULU
$13.6B
| $65.4M | 0.04% |
204,200
-32,200
| -14% | -$10.6M |
|
598
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $65.3M | 0.04% |
786,781
+143,621
| +22% | +$11.6M |
|
599
HealthEquity
HQY
$8.83B
| $65.1M | 0.04% |
1,056,752
-300,935
| -22% | -$20.2M |
|
|
600
PUT
DexCom
DXCM
$34.5B
| $65.1M | 0.04% |
575,100
+95,800
| +20% | +$10.5M |
|
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.