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 | |
|---|---|---|---|---|---|---|
751
KraneShares CSI China Internet ETF
KWEB
$5.5B
| $43.8M | 0.03% |
1,778,741
+559,643
| +46% | +$16M |
|
752
Petrobras Class A
PBR.A
$106B
| $43.8M | 0.03% |
3,954,108
+2,486,494
| +169% | +$29.9M |
|
753
CALL
Mondelez International
MDLZ
$83.4B
| $43.7M | 0.03% |
797,900
+192,700
| +32% | +$12M |
|
|
754
CALL
Oracle
ORCL
$339B
| $43.7M | 0.03% |
716,000
-54,300
| -7% | -$3.98M |
|
755
Henry Schein
HSIC
$9.78B
| $43.6M | 0.03% |
663,429
+615,053
| +1,271% | +$45.7M |
|
756
Webster Financial
WBS
$12.3B
| $43.6M | 0.03% |
965,251
-89,483
| -8% | -$4.14M |
|
757
CALL
iShares China Large-Cap ETF
FXI
$4.32B
| $43.6M | 0.03% |
1,685,000
-1,723,800
| -51% | -$51.6M |
|
758
Array Technologies
ARRY
$740M
| $43.6M | 0.03% |
2,626,814
+2,588,548
| +6,765% | +$44.8M |
|
759
PUT
CrowdStrike
CRWD
$183B
| $43.5M | 0.03% |
1,056,000
-212,800
| -17% | -$9.73M |
|
760
Ingredion
INGR
$6.42B
| $43.4M | 0.03% |
538,590
-89,656
| -14% | -$7.87M |
|
|
P
761
Everpure Inc
P
$23B
| $43.4M | 0.03% |
1,584,145
-3,234,012
| -67% | -$91.4M |
|
|
BLD
762
DELISTED
TopBuild
BLD
| $43.1M | 0.03% |
261,821
+89,640
| +52% | +$16.6M |
|
763
PUT
iShares MSCI Canada ETF
EWC
$6.12B
| $43.1M | 0.03% |
1,400,000
| – | – |
|
764
PUT
Adobe
ADBE
$105B
| $42.9M | 0.03% |
155,900
-130,000
| -45% | -$49.2M |
|
765
Applied Materials
AMAT
$347B
| $42.8M | 0.03% |
521,827
-203,340
| -28% | -$19.6M |
|
766
Travelers Companies
TRV
$81.1B
| $42.8M | 0.03% |
279,067
+138,987
| +99% | +$22.6M |
|
767
Boston Beer
SAM
$1.95B
| $42.8M | 0.03% |
132,087
+70,397
| +114% | +$24.3M |
|
|
KAHC
768
DELISTED
KKR Acquisition Holdings I Corp.
KAHC
| $42.7M | 0.03% |
4,343,102
+293,849
| +7% | +$2.89M |
|
|
EVRI
769
DELISTED
Everi Holdings
EVRI
| $42.7M | 0.03% |
2,630,177
+2,008,505
| +323% | +$37M |
|
|
NSA
770
DELISTED
National Storage Affiliates Trust
NSA
| $42.6M | 0.03% |
1,025,720
-189,096
| -16% | -$9.65M |
|
|
ROIC
771
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $42.6M | 0.03% |
3,096,649
-45,695
| -1% | -$754K |
|
772
BJs Wholesale Club
BJ
$12.8B
| $42.6M | 0.03% |
585,017
-792,519
| -58% | -$56.8M |
|
|
MRO
773
DELISTED
Marathon Oil Corporation
MRO
| $42.5M | 0.03% |
1,882,790
-1,592,530
| -46% | -$37.7M |
|
774
Sun Life Financial
SLF
$45.6B
| $42.4M | 0.03% |
1,066,778
+501,545
| +89% | +$22.5M |
|
|
EXEEZ
775
CALL
DELISTED
Expand Energy Corp Class B Warrants
EXEEZ
| $42.4M | 0.03% |
555,400
| – | – |
|
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.