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 | |
|---|---|---|---|---|---|---|
776
Veeva Systems
VEEV
$33.8B
| $42.3M | 0.03% |
256,645
+231,402
| +917% | +$46.2M |
|
777
iShares MSCI United Kingdom ETF
EWU
$4.1B
| $42.2M | 0.03% |
+1,611,593
| New | +$47.3M |
|
|
RCM
778
DELISTED
R1 RCM Inc. Common Stock
RCM
| $42.2M | 0.03% |
2,276,976
+1,938,954
| +574% | +$44.2M |
|
|
CMA
779
DELISTED
Comerica
CMA
| $42.2M | 0.02% |
593,244
+242,442
| +69% | +$19.1M |
|
|
EVOP
780
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $42.1M | 0.02% |
1,265,537
+1,091,348
| +627% | +$33.7M |
|
781
Carrier Global
CARR
$49.8B
| $42M | 0.02% |
1,181,631
+1,102,063
| +1,385% | +$43.4M |
|
782
Rush Enterprises Class A
RUSHA
$6.34B
| $42M | 0.02% |
1,434,996
+1,053,390
| +276% | +$33.9M |
|
|
NUVA
783
DELISTED
NuVasive, Inc.
NUVA
| $41.9M | 0.02% |
956,449
+471,698
| +97% | +$22.9M |
|
784
MYR Group
MYRG
$5.01B
| $41.7M | 0.02% |
492,721
-61,580
| -11% | -$5.64M |
|
785
Invitation Homes
INVH
$17.9B
| $41.7M | 0.02% |
1,235,511
-513,378
| -29% | -$19M |
|
786
Parker-Hannifin
PH
$120B
| $41.7M | 0.02% |
172,148
+44,978
| +35% | +$12.2M |
|
787
Cheniere Energy
LNG
$54.2B
| $41.7M | 0.02% |
251,317
-133,686
| -35% | -$20.3M |
|
|
WPCB
788
DELISTED
Warburg Pincus Capital Corporation I-B
WPCB
| $41.7M | 0.02% |
4,200,000
+804,267
| +24% | +$7.93M |
|
789
Ecolab
ECL
$79.8B
| $41.6M | 0.02% |
288,084
+280,080
| +3,499% | +$45.4M |
|
790
Penumbra
PEN
$12.6B
| $41.6M | 0.02% |
+219,296
| New | +$35.2M |
|
|
STOR
791
DELISTED
STORE Capital Corporation
STOR
| $41.5M | 0.02% |
1,324,354
-1,736,804
| -57% | -$49.3M |
|
792
Corpay
CPAY
$25.7B
| $41.4M | 0.02% |
234,740
+110,015
| +88% | +$23.6M |
|
|
COUP
793
DELISTED
Coupa Software Incorporated
COUP
| $41.4M | 0.02% |
703,244
-392,896
| -36% | -$25.7M |
|
794
SPDR Gold Trust
GLD
$131B
| $41.3M | 0.02% |
267,118
-115,694
| -30% | -$18.6M |
|
795
Live Nation Entertainment
LYV
$42.9B
| $41.3M | 0.02% |
542,969
+248,883
| +85% | +$22.3M |
|
796
Boyd Gaming
BYD
$6.75B
| $41.2M | 0.02% |
863,970
+133,488
| +18% | +$7.15M |
|
|
IS
797
DELISTED
ironSource Ltd.
IS
| $41.2M | 0.02% |
11,963,019
+5,063,419
| +73% | +$19.3M |
|
798
CALL
RTX Corp
RTX
$290B
| $40.9M | 0.02% |
499,800
+296,000
| +145% | +$26.8M |
|
799
Choice Hotels
CHH
$5.26B
| $40.9M | 0.02% |
+373,224
| New | +$42.8M |
|
800
Scorpio Tankers
STNG
$3.91B
| $40.8M | 0.02% |
970,499
+417,478
| +75% | +$16.6M |
|
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.