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 | |
|---|---|---|---|---|---|---|
1101
MDU Resources
MDU
$4.32B
| $30.3M | 0.02% |
2,624,452
+1,925,350
| +275% | +$21.6M |
|
1102
Williams-Sonoma
WSM
$28.9B
| $30.2M | 0.02% |
525,732
+392,304
| +294% | +$23.6M |
|
1103
Core & Main
CNM
$8.58B
| $30.2M | 0.02% |
1,563,974
+777,637
| +99% | +$16.6M |
|
1104
Kite Realty
KRG
$5.27B
| $30.1M | 0.02% |
1,431,783
+751,774
| +111% | +$15.3M |
|
1105
CALL
S&P Global
SPGI
$120B
| $30M | 0.02% |
89,700
-87,000
| -49% | -$28.7M |
|
1106
PUT
Fastenal
FAST
$59.6B
| $30M | 0.02% |
1,269,000
+1,200
| +0.1% | +$29.3K |
|
1107
Papa John's
PZZA
$804M
| $30M | 0.02% |
364,156
+356,059
| +4,397% | +$28M |
|
1108
CALL
Caterpillar
CAT
$396B
| $29.9M | 0.02% |
125,000
+46,400
| +59% | +$10.1M |
|
1109
GlobalFoundries
GFS
$28.9B
| $29.9M | 0.02% |
554,609
+228,221
| +70% | +$13.3M |
|
1110
Integra LifeSciences
IART
$1.33B
| $29.9M | 0.02% |
532,975
+134,226
| +34% | +$6.83M |
|
1111
Ardelyx
ARDX
$1.02B
| $29.6M | 0.02% |
10,383,329
+9,435,291
| +995% | +$16M |
|
1112
Qualcomm
QCOM
$169B
| $29.6M | 0.02% |
269,150
-164,444
| -38% | -$19.2M |
|
|
SILK
1113
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $29.6M | 0.02% |
559,874
+546,016
| +3,940% | +$26.6M |
|
1114
UMB Financial
UMBF
$11.2B
| $29.6M | 0.02% |
353,867
+48,321
| +16% | +$4.06M |
|
|
UHG
1115
DELISTED
United Homes Group
UHG
| $29.4M | 0.02% |
2,922,999
| – | – |
|
|
1116
CALL
Chubb
CB
$134B
| $29.3M | 0.02% |
133,000
+36,600
| +38% | +$7.61M |
|
1117
PUT
PNC Financial Services
PNC
$101B
| $29.3M | 0.02% |
185,700
+50,500
| +37% | +$7.95M |
|
1118
State Street SPDR Dow Jones REIT ETF
RWR
$1.86B
| $29.3M | 0.02% |
336,157
-3,785
| -1% | -$332K |
|
|
NUVA
1119
DELISTED
NuVasive, Inc.
NUVA
| $29.3M | 0.02% |
709,681
-246,768
| -26% | -$9.99M |
|
1120
Radian Group
RDN
$4.87B
| $29.2M | 0.02% |
1,528,867
+913,575
| +148% | +$17.8M |
|
1121
Element Solutions
ESI
$9.3B
| $29.1M | 0.02% |
1,601,924
+140,127
| +10% | +$2.52M |
|
1122
Hormel Foods
HRL
$13.2B
| $29.1M | 0.02% |
639,507
+414,494
| +184% | +$19.3M |
|
1123
Kirby Corp
KEX
$7.1B
| $29.1M | 0.02% |
452,464
+180,298
| +66% | +$12M |
|
|
SPLK
1124
CALL
DELISTED
Splunk Inc
SPLK
| $29M | 0.02% |
337,400
+26,900
| +9% | +$2.17M |
|
1125
Walmart Inc
WMT
$913B
| $29M | 0.02% |
614,010
-1,653,501
| -73% | -$78.5M |
|
Similar funds
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.