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 | |
|---|---|---|---|---|---|---|
1151
PUT
Dow Inc
DOW
$21.2B
| $23.4M | 0.01% |
454,300
-734,400
| -62% | -$47M |
|
1152
CALL
Exelon
EXC
$47B
| $23.4M | 0.01% |
516,400
| – | – |
|
|
MIT
1153
DELISTED
Mason Industrial Technology, Inc.
MIT
| $23.4M | 0.01% |
2,392,872
-17,311
| -0.7% | -$169K |
|
1154
Encompass Health
EHC
$12.4B
| $23.3M | 0.01% |
523,584
-205,971
| -28% | -$10.6M |
|
1155
Fiverr
FVRR
$339M
| $23.3M | 0.01% |
678,656
+569,550
| +522% | +$27.1M |
|
|
PACW
1156
DELISTED
PacWest Bancorp
PACW
| $23.3M | 0.01% |
873,049
+699,034
| +402% | +$22.6M |
|
1157
Otis Worldwide
OTIS
$28.2B
| $23.2M | 0.01% |
328,425
+179,355
| +120% | +$13.2M |
|
|
NEX
1158
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $23.2M | 0.01% |
2,440,344
+2,017,979
| +478% | +$21.2M |
|
|
ERF
1159
DELISTED
Enerplus Corporation
ERF
| $23.2M | 0.01% |
1,754,452
-720,267
| -29% | -$9.92M |
|
1160
Huazhu Hotels Group
HTHT
$13B
| $23.2M | 0.01% |
21,654
-3,874
| -15% | -$121K |
|
1161
CALL
AstraZeneca
AZN
$250B
| $23.1M | 0.01% |
175,000
+75,000
| +75% | +$9.84M |
|
1162
PUT
Southern Company
SO
$107B
| $23.1M | 0.01% |
323,600
-7,800
| -2% | -$573K |
|
1163
Iridium Communications
IRDM
$5.29B
| $23.1M | 0.01% |
614,247
-1,107,363
| -64% | -$41.3M |
|
1164
Lightspeed Commerce
LSPD
$1.35B
| $23.1M | 0.01% |
+1,033,988
| New | +$24.3M |
|
1165
Plains GP Holdings
PAGP
$4.9B
| $23M | 0.01% |
2,231,656
-1,840,353
| -45% | -$21.1M |
|
1166
Packaging Corp of America
PKG
$22.8B
| $22.9M | 0.01% |
166,638
-17,895
| -10% | -$2.76M |
|
1167
Intel
INTC
$513B
| $22.9M | 0.01% |
611,844
-2,123,685
| -78% | -$91.9M |
|
1168
PUT
TSMC
TSM
$2.18T
| $22.9M | 0.01% |
279,900
-648,600
| -70% | -$60M |
|
1169
Vanguard FTSE Europe ETF
VGK
$31.4B
| $22.9M | 0.01% |
+433,093
| New | +$25.1M |
|
1170
Canadian Natural Resources
CNQ
$93.8B
| $22.9M | 0.01% |
869,676
+625,449
| +256% | +$19M |
|
1171
CALL
McKesson
MCK
$101B
| $22.9M | 0.01% |
70,100
+100
| +0.1% | +$32K |
|
1172
CALL
GSK
GSK
$106B
| $22.9M | 0.01% |
420,000
+220,000
| +110% | +$12.1M |
|
1173
Etsy
ETSY
$7.85B
| $22.8M | 0.01% |
311,829
+220,352
| +241% | +$20.1M |
|
|
EXEEL
1174
CALL
DELISTED
Expand Energy Corp Class C Warrants
EXEEL
| $22.8M | 0.01% |
439,000
+1,400
| +0.3% | +$85.4K |
|
1175
Repligen
RGEN
$9.25B
| $22.8M | 0.01% |
140,367
+135,725
| +2,924% | +$21.5M |
|
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.