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 | |
|---|---|---|---|---|---|---|
876
Equinor
EQNR
$97.3B
| $36.3M | 0.02% |
1,096,149
+395,791
| +57% | +$14.3M |
|
877
Robinhood
HOOD
$80.7B
| $36.3M | 0.02% |
3,591,984
+1,900,787
| +112% | +$18.3M |
|
|
VTLE
878
DELISTED
Vital Energy
VTLE
| $36.2M | 0.02% |
576,157
+272,803
| +90% | +$19.4M |
|
|
ODP
879
DELISTED
ODP
ODP
| $36.1M | 0.02% |
1,028,024
+828,343
| +415% | +$29.5M |
|
880
PUT
Lyft
LYFT
$5.86B
| $36.1M | 0.02% |
2,742,000
-376,900
| -12% | -$5.8M |
|
881
Reinsurance Group of America
RGA
$15.5B
| $36.1M | 0.02% |
286,693
+242,535
| +549% | +$29.8M |
|
|
AUY
882
DELISTED
Yamana Gold, Inc.
AUY
| $36M | 0.02% |
7,953,254
+239,353
| +3% | +$1.11M |
|
883
Privia Health
PRVA
$3.04B
| $36M | 0.02% |
1,055,854
+315,521
| +43% | +$11.7M |
|
884
PUT
ServiceNow
NOW
$120B
| $35.9M | 0.02% |
476,000
-146,000
| -23% | -$13.1M |
|
885
Payoneer
PAYO
$2.41B
| $35.9M | 0.02% |
5,936,332
+3,540,115
| +148% | +$20.6M |
|
|
NARI
886
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $35.9M | 0.02% |
494,340
+188,410
| +62% | +$14M |
|
|
CIVI
887
DELISTED
Civitas Resources
CIVI
| $35.9M | 0.02% |
625,289
+601,167
| +2,492% | +$35.4M |
|
888
Paychex
PAYX
$43.4B
| $35.8M | 0.02% |
319,151
+291,885
| +1,071% | +$36.2M |
|
889
PUT
Waste Management
WM
$95B
| $35.8M | 0.02% |
223,200
+98,000
| +78% | +$16.2M |
|
|
WCC
890
WESCO International
WCC
$15.1B
| $35.7M | 0.02% |
298,817
-162,340
| -35% | -$20.3M |
|
891
Ovintiv
OVV
$17B
| $35.6M | 0.02% |
772,971
-2,656,315
| -77% | -$127M |
|
892
Airbnb
ABNB
$90.8B
| $35.5M | 0.02% |
338,099
-285,051
| -46% | -$31.6M |
|
893
Western Alliance Bancorporation
WAL
$8.81B
| $35.5M | 0.02% |
539,861
+519,820
| +2,594% | +$39.4M |
|
894
Marriott Vacations Worldwide
VAC
$3.53B
| $35.5M | 0.02% |
291,070
-839
| -0.3% | -$114K |
|
895
Targa Resources
TRGP
$56.8B
| $35.5M | 0.02% |
587,636
-454,951
| -44% | -$29.9M |
|
896
Whirlpool
WHR
$2.49B
| $35.4M | 0.02% |
262,722
+95,537
| +57% | +$15.2M |
|
897
Enovis
ENOV
$1.74B
| $35.4M | 0.02% |
767,759
-180,104
| -19% | -$9.76M |
|
|
TWNK
898
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $35.3M | 0.02% |
1,520,139
+94,060
| +7% | +$2.14M |
|
899
Euronet Worldwide
EEFT
$3.19B
| $35.3M | 0.02% |
465,377
+376,119
| +421% | +$35.3M |
|
900
Eastern Bankshares
EBC
$5.27B
| $35.1M | 0.02% |
1,786,956
+961,171
| +116% | +$19.2M |
|
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.