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
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.62% |
| 3 | Healthcare | 7.1% |
| 4 | Industrials | 5.08% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Matsons
MATX
$6.18B
| $27.7M | 0.02% |
380,352
+201,833
| +113% | +$17.4M |
|
|
GTM
1027
ZoomInfo Technologies
GTM
$1.22B
| $27.7M | 0.02% |
833,887
-47,221
| -5% | -$2.08M |
|
1028
Dycom Industries
DY
$12.3B
| $27.7M | 0.02% |
297,703
+42,583
| +17% | +$3.79M |
|
|
TEN
1029
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $27.6M | 0.02% |
1,611,091
-744,852
| -32% | -$12.6M |
|
1030
Fulton Financial
FULT
$4.64B
| $27.6M | 0.02% |
1,912,170
+618,671
| +48% | +$9.56M |
|
|
HPP
1031
Hudson Pacific Properties
HPP
$779M
| $27.5M | 0.02% |
264,354
+90,319
| +52% | +$13.4M |
|
1032
Watts Water Technologies
WTS
$13.1B
| $27.4M | 0.02% |
223,460
+130,475
| +140% | +$16.9M |
|
1033
Otter Tail
OTTR
$3.94B
| $27.4M | 0.02% |
408,855
-84,683
| -17% | -$5.38M |
|
1034
CALL
Baidu
BIDU
$37.2B
| $27.3M | 0.02% |
183,800
+71,000
| +63% | +$9.38M |
|
|
PR
1035
Permian Resources
PR
$16.9B
| $27.2M | 0.02% |
4,554,325
+1,828,503
| +67% | +$14.6M |
|
1036
PUT
iShares Russell 2000 Value ETF
IWN
$14.6B
| $27.2M | 0.02% |
200,000
-50,000
| -20% | -$7.44M |
|
1037
Pegasystems
PEGA
$5.38B
| $27.2M | 0.02% |
1,136,428
+515,878
| +83% | +$15.4M |
|
|
LTHM
1038
DELISTED
Livent Corporation
LTHM
| $27.2M | 0.02% |
1,196,745
+157,477
| +15% | +$4.05M |
|
1039
Ryder
R
$10.1B
| $27.1M | 0.02% |
381,365
+176,091
| +86% | +$12.9M |
|
1040
Portland General Electric
POR
$5.77B
| $27M | 0.02% |
558,475
+362,455
| +185% | +$18M |
|
1041
Zimmer Biomet
ZBH
$18.4B
| $27M | 0.02% |
256,803
+247,109
| +2,549% | +$29.3M |
|
1042
Nice
NICE
$5.97B
| $26.9M | 0.02% |
139,936
-21,309
| -13% | -$4.31M |
|
1043
CALL
United Airlines
UAL
$42.1B
| $26.9M | 0.02% |
759,900
+208,100
| +38% | +$9.13M |
|
1044
CALL
Alphabet (Google) Class C
GOOG
$4.32T
| $26.9M | 0.02% |
+246,000
| New | +$29.1M |
|
|
CRHC
1045
DELISTED
Cohn Robbins Holdings Corp.
CRHC
| $26.8M | 0.02% |
2,699,537
-2,554,890
| -49% | -$25.4M |
|
1046
CALL
iShares Russell 1000 Value ETF
IWD
$83.7B
| $26.8M | 0.02% |
+185,000
| New | +$28.9M |
|
1047
PUT
HCA Healthcare
HCA
$89.5B
| $26.7M | 0.02% |
158,800
+123,800
| +354% | +$26.6M |
|
1048
SouthState Bank Corp
SSB
$10.5B
| $26.7M | 0.02% |
+345,631
| New | +$26.9M |
|
1049
Bristol-Myers Squibb
BMY
$132B
| $26.6M | 0.02% |
345,770
-1,341,776
| -80% | -$102M |
|
|
PSB
1050
DELISTED
PS Business Parks, Inc.
PSB
| $26.6M | 0.02% |
142,229
+63,091
| +80% | +$11.5M |
|
Similar funds
Millennium Management's Q2 2022 Portfolio in Review
As of Q2 2022, Millennium Management held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Millennium Management's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Millennium Management added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Millennium Management's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Millennium Management fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Millennium Management's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Millennium Management opened 1,144 new positions and closed 1,065 in Q2 2022.
- Millennium Management's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.