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 | |
|---|---|---|---|---|---|---|
951
First Horizon
FHN
$12.3B
| $37.2M | 0.02% |
1,519,492
-2,051,752
| -57% | -$49.7M |
|
952
AES
AES
$10.5B
| $37.2M | 0.02% |
1,293,643
+873,684
| +208% | +$23.5M |
|
953
CALL
Starbucks
SBUX
$124B
| $37.2M | 0.02% |
374,800
-11,200
| -3% | -$1.06M |
|
954
Gentex
GNTX
$4.99B
| $37.2M | 0.02% |
1,362,854
-276,218
| -17% | -$7.37M |
|
955
Maravai LifeSciences
MRVI
$861M
| $37.1M | 0.02% |
2,595,548
+799,274
| +44% | +$12.6M |
|
|
VIVO
956
DELISTED
Meridian Bioscience Inc
VIVO
| $37.1M | 0.02% |
1,118,328
+327,429
| +41% | +$10.5M |
|
|
EA
957
DELISTED
Electronic Arts
EA
| $37.1M | 0.02% |
303,539
-331,510
| -52% | -$41.6M |
|
958
RPC Inc
RES
$1.39B
| $37.1M | 0.02% |
4,168,372
+866,566
| +26% | +$7.82M |
|
959
Royal Bank of Canada
RY
$299B
| $37M | 0.02% |
393,993
+236,487
| +150% | +$22.3M |
|
|
PDCO
960
DELISTED
Patterson Companies, Inc.
PDCO
| $36.9M | 0.02% |
1,317,900
+337,926
| +34% | +$9.32M |
|
961
Owens Corning
OC
$12.3B
| $36.8M | 0.02% |
431,770
-285,551
| -40% | -$25M |
|
962
Pool Corp
POOL
$7.29B
| $36.8M | 0.02% |
121,609
-111,225
| -48% | -$35.2M |
|
963
Laureate Education
LAUR
$5.15B
| $36.7M | 0.02% |
3,816,331
+3,617,245
| +1,817% | +$39.1M |
|
964
PUT
Waste Management
WM
$89.6B
| $36.5M | 0.02% |
232,700
+9,500
| +4% | +$1.53M |
|
965
Ross Stores
ROST
$78.6B
| $36.5M | 0.02% |
314,486
-329,025
| -51% | -$33.5M |
|
|
NTST
966
NETSTREIT Corp
NTST
$2.09B
| $36.5M | 0.02% |
1,991,348
-99,129
| -5% | -$1.85M |
|
967
Helmerich & Payne
HP
$4.3B
| $36.5M | 0.02% |
736,243
-256,688
| -26% | -$12.2M |
|
968
Clear Secure
YOU
$4.7B
| $36.5M | 0.02% |
1,330,398
+445,428
| +50% | +$12.3M |
|
|
NVRO
969
DELISTED
NEVRO CORP.
NVRO
| $36.5M | 0.02% |
920,448
+638,718
| +227% | +$26.6M |
|
970
McGrath RentCorp
MGRC
$2.94B
| $36.4M | 0.02% |
368,455
+145,164
| +65% | +$13.6M |
|
971
Allegro MicroSystems
ALGM
$8.23B
| $36.4M | 0.02% |
1,211,738
+1,109,652
| +1,087% | +$30.3M |
|
972
Organon & Co
OGN
$3.6B
| $36.3M | 0.02% |
1,298,797
+601,912
| +86% | +$15.4M |
|
973
CALL
General Mills
GIS
$20.8B
| $36.3M | 0.02% |
432,500
+4,400
| +1% | +$358K |
|
974
ON Semiconductor
ON
$31.8B
| $36.1M | 0.02% |
579,566
-556,229
| -49% | -$37.1M |
|
975
PUT
CME Group
CME
$96.1B
| $36.1M | 0.02% |
214,900
+46,600
| +28% | +$8.1M |
|
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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.