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 | |
|---|---|---|---|---|---|---|
801
Lattice Semiconductor
LSCC
$16B
| $40.8M | 0.02% |
828,920
-500,606
| -38% | -$27.7M |
|
802
PUT
Charter Communications
CHTR
$17.3B
| $40.8M | 0.02% |
134,400
+31,500
| +31% | +$13.5M |
|
|
AVDX
803
DELISTED
AvidXchange
AVDX
| $40.5M | 0.02% |
4,810,035
+1,655,752
| +52% | +$12.8M |
|
804
Liberty Energy
LBRT
$2.79B
| $40.5M | 0.02% |
3,192,855
+1,728,728
| +118% | +$23.3M |
|
805
Patterson-UTI
PTEN
$3.54B
| $40.5M | 0.02% |
3,463,982
+1,676,336
| +94% | +$24M |
|
806
Super Micro Computer
SMCI
$16.6B
| $40.4M | 0.02% |
7,335,980
+1,242,830
| +20% | +$7.08M |
|
807
Houlihan Lokey
HLI
$9.72B
| $40.4M | 0.02% |
535,742
+362,194
| +209% | +$29.3M |
|
808
Champion Homes
SKY
$4.41B
| $40.4M | 0.02% |
763,354
-54,680
| -7% | -$3.19M |
|
|
AAC
809
DELISTED
Ares Acquisition Corporation
AAC
| $40.3M | 0.02% |
4,059,562
+1,197,301
| +42% | +$11.8M |
|
|
EXEEW
810
CALL
DELISTED
Expand Energy Corp Class A Warrants
EXEEW
| $40.1M | 0.02% |
499,900
| – | – |
|
811
PTC
PTC
$15.3B
| $40.1M | 0.02% |
383,508
+44,886
| +13% | +$5.12M |
|
812
PUT
Booking.com
BKNG
$156B
| $40.1M | 0.02% |
610,000
-437,500
| -42% | -$32.9M |
|
813
Texas Roadhouse
TXRH
$13.7B
| $40M | 0.02% |
458,443
-623,777
| -58% | -$54.4M |
|
814
CALL
Air Products & Chemicals
APD
$65.5B
| $39.9M | 0.02% |
171,600
+82,600
| +93% | +$20.4M |
|
815
CALL
Automatic Data Processing
ADP
$109B
| $39.9M | 0.02% |
176,400
+81,600
| +86% | +$19.3M |
|
816
Manhattan Associates
MANH
$12.1B
| $39.9M | 0.02% |
299,819
+214,284
| +251% | +$29M |
|
817
Chewy
CHWY
$9.54B
| $39.8M | 0.02% |
1,295,932
+682,565
| +111% | +$27.1M |
|
818
Synaptics
SYNA
$4.05B
| $39.7M | 0.02% |
400,553
+1,586
| +0.4% | +$197K |
|
819
Brixmor Property Group
BRX
$9.72B
| $39.6M | 0.02% |
2,145,174
+931,898
| +77% | +$20.1M |
|
820
State Street Materials Select Sector SPDR ETF
XLB
$8.72B
| $39.6M | 0.02% |
1,164,402
+44,032
| +4% | +$1.66M |
|
821
MGIC Investment
MTG
$6.47B
| $39.5M | 0.02% |
3,081,532
+2,128,954
| +223% | +$29.8M |
|
822
Lantheus
LNTH
$6.51B
| $39.5M | 0.02% |
561,475
-1,260,951
| -69% | -$95.5M |
|
823
PUT
Boston Scientific
BSX
$68.4B
| $39.4M | 0.02% |
1,017,500
+482,200
| +90% | +$19.3M |
|
824
Aptiv
APTV
$12.3B
| $39.4M | 0.02% |
503,605
+476,206
| +1,738% | +$45.7M |
|
825
PUT
Verizon
VZ
$197B
| $39.3M | 0.02% |
1,034,700
-748,000
| -42% | -$33.3M |
|
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.