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 | |
|---|---|---|---|---|---|---|
1001
Vontier
VNT
$4.54B
| $29.7M | 0.02% |
1,774,981
+878,269
| +98% | +$19.6M |
|
1002
Mid-America Apartment Communities
MAA
$16B
| $29.6M | 0.02% |
191,042
-184,008
| -49% | -$31.7M |
|
1003
PUT
LyondellBasell Industries
LYB
$19.5B
| $29.6M | 0.02% |
393,000
+118,200
| +43% | +$9.99M |
|
1004
Commerce Bancshares
CBSH
$8.68B
| $29.5M | 0.02% |
541,700
-1,518
| -0.3% | -$86.6K |
|
1005
ATI
ATI
$24.3B
| $29.4M | 0.02% |
1,105,922
-2,256,586
| -67% | -$62.8M |
|
1006
Huntington Bancshares
HBAN
$34B
| $29.4M | 0.02% |
2,231,627
+1,617,257
| +263% | +$21.6M |
|
1007
Hilton Worldwide
HLT
$72.4B
| $29.4M | 0.02% |
243,746
-88,668
| -27% | -$11.2M |
|
|
SLCA
1008
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $29.4M | 0.02% |
2,682,659
+1,572,799
| +142% | +$20M |
|
1009
AGNC Investment
AGNC
$12.7B
| $29.4M | 0.02% |
3,488,347
+678,736
| +24% | +$7.97M |
|
1010
CALL
3M
MMM
$91.8B
| $29.4M | 0.02% |
317,897
-450,055
| -59% | -$49.4M |
|
|
LSXMA
1011
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $29.3M | 0.02% |
1,048,584
+574,314
| +121% | +$17M |
|
|
WBA
1012
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $29.3M | 0.02% |
933,500
+94,000
| +11% | +$3.48M |
|
1013
CALL
Target
TGT
$66.3B
| $29.3M | 0.02% |
197,400
+158,100
| +402% | +$25.3M |
|
1014
Northern Trust
NTRS
$21.8B
| $29.3M | 0.02% |
342,259
-34,108
| -9% | -$3.29M |
|
1015
Iridium Communications
IRDM
$4.7B
| $29.3M | 0.02% |
659,645
+45,398
| +7% | +$1.97M |
|
1016
WIX.com
WIX
$2.56B
| $29.2M | 0.02% |
373,557
+193,011
| +107% | +$13.3M |
|
1017
Universal Display
OLED
$3.75B
| $29.2M | 0.02% |
309,350
+181,835
| +143% | +$20.1M |
|
1018
PUT
Fastenal
FAST
$54.8B
| $29.2M | 0.02% |
1,267,800
+1,202,200
| +1,833% | +$30.3M |
|
1019
Mettler-Toledo International
MTD
$28.1B
| $29.1M | 0.02% |
26,863
+4,857
| +22% | +$6.04M |
|
|
1020
PUT
Oracle
ORCL
$339B
| $29.1M | 0.02% |
476,400
-913,100
| -66% | -$66.8M |
|
1021
Innoviva
INVA
$1.6B
| $29.1M | 0.02% |
2,503,972
+1,178,325
| +89% | +$16.2M |
|
1022
Campbell Soup
CPB
$6.85B
| $29M | 0.02% |
616,427
+515,586
| +511% | +$25.3M |
|
1023
Brinker International
EAT
$8.82B
| $29M | 0.02% |
1,161,372
+1,008,093
| +658% | +$27.2M |
|
1024
PUT
American Tower
AMT
$83.5B
| $28.9M | 0.02% |
134,800
-72,900
| -35% | -$18.7M |
|
1025
PUT
United Rentals
URI
$65.7B
| $28.9M | 0.02% |
107,000
-131,100
| -55% | -$38.2M |
|
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.