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 | |
|---|---|---|---|---|---|---|
1126
Sotera Health
SHC
$5.37B
| $29M | 0.02% |
3,483,611
+288,642
| +9% | +$2.15M |
|
|
RETA
1127
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $29M | 0.02% |
763,272
+141,179
| +23% | +$4.86M |
|
1128
Bio-Techne
TECH
$11.2B
| $29M | 0.02% |
349,846
+85,974
| +33% | +$6.83M |
|
1129
KLA
KLAC
$271B
| $29M | 0.02% |
768,900
-493,970
| -39% | -$17.2M |
|
1130
TPG
TPG
$8.02B
| $28.9M | 0.02% |
+1,039,944
| New | +$32.7M |
|
1131
Fate Therapeutics
FATE
$323M
| $28.9M | 0.02% |
2,864,476
+2,223,752
| +347% | +$41.8M |
|
1132
West Fraser Timber
WFG
$5.49B
| $28.9M | 0.02% |
399,939
+257,798
| +181% | +$19.7M |
|
|
INFN
1133
DELISTED
Infinera Corporation Common Stock
INFN
| $28.9M | 0.02% |
4,287,440
+3,671,019
| +596% | +$22.3M |
|
1134
Park Hotels & Resorts
PK
$2.92B
| $28.8M | 0.02% |
2,443,549
+1,102,527
| +82% | +$13.4M |
|
1135
CALL
Sysco
SYY
$40.3B
| $28.8M | 0.02% |
376,600
+184,400
| +96% | +$14.9M |
|
|
PRMW
1136
DELISTED
Primo Water Corporation
PRMW
| $28.8M | 0.02% |
1,851,652
-517,860
| -22% | -$7.53M |
|
1137
Arbor Realty Trust
ABR
$996M
| $28.8M | 0.02% |
2,179,658
+1,130,175
| +108% | +$15.4M |
|
1138
Equinor
EQNR
$97B
| $28.7M | 0.02% |
802,809
-293,340
| -27% | -$10.5M |
|
1139
Arcos Dorados Holdings
ARCO
$1.67B
| $28.7M | 0.02% |
3,431,374
+1,417,481
| +70% | +$10.6M |
|
1140
Bath & Body Works
BBWI
$3.74B
| $28.6M | 0.02% |
679,883
+363,997
| +115% | +$13.6M |
|
1141
CALL
Keurig Dr Pepper
KDP
$39.8B
| $28.6M | 0.02% |
802,800
-26,800
| -3% | -$1M |
|
|
CTIC
1142
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $28.6M | 0.02% |
4,762,769
+8,641
| +0.2% | +$47.2K |
|
1143
CNA Financial
CNA
$13.8B
| $28.6M | 0.02% |
676,764
+46,128
| +7% | +$1.89M |
|
|
ATCO
1144
DELISTED
Atlas Corp.
ATCO
| $28.6M | 0.02% |
1,864,387
+1,193,710
| +178% | +$18M |
|
|
WWE
1145
DELISTED
World Wrestling Entertainment
WWE
| $28.6M | 0.02% |
416,844
+112,131
| +37% | +$8.47M |
|
|
SPLK
1146
PUT
DELISTED
Splunk Inc
SPLK
| $28.5M | 0.02% |
331,400
+220,400
| +199% | +$17.8M |
|
|
MODN
1147
DELISTED
MODEL N, INC.
MODN
| $28.5M | 0.02% |
702,471
+656,093
| +1,415% | +$24.7M |
|
1148
HP
HPQ
$26.2B
| $28.5M | 0.02% |
1,060,133
-2,221,974
| -68% | -$61.5M |
|
1149
Churchill Downs
CHDN
$6.15B
| $28.5M | 0.02% |
269,386
-155,706
| -37% | -$16.4M |
|
1150
Valley National Bancorp
VLY
$8.21B
| $28.5M | 0.02% |
2,517,750
+617,196
| +32% | +$7.27M |
|
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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.