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 | |
|---|---|---|---|---|---|---|
1176
Establishment Labs
ESTA
$2.28B
| $22.8M | 0.01% |
419,059
+399,303
| +2,021% | +$25.3M |
|
1177
GrafTech
EAF
$212M
| $22.8M | 0.01% |
322,272
+123,195
| +62% | +$10.7M |
|
|
IMGN
1178
DELISTED
Immunogen Inc
IMGN
| $22.8M | 0.01% |
5,057,049
+1,557,032
| +44% | +$6.76M |
|
1179
PUT
Pembina Pipeline
PBA
$27.6B
| $22.8M | 0.01% |
500,000
-200,000
| -29% | -$7.7M |
|
1180
PUT
Danaher
DHR
$144B
| $22.7M | 0.01% |
101,182
+9,588
| +10% | +$2.21M |
|
1181
Yeti Holdings
YETI
$3.95B
| $22.7M | 0.01% |
525,429
+147,780
| +39% | +$7.18M |
|
|
KZR
1182
DELISTED
Kezar Life Sciences
KZR
| $22.7M | 0.01% |
274,895
+182,689
| +198% | +$16.1M |
|
1183
Teladoc Health
TDOC
$1.3B
| $22.7M | 0.01% |
682,981
+68,265
| +11% | +$2.9M |
|
1184
Allison Transmission
ALSN
$9.82B
| $22.7M | 0.01% |
589,295
-99,931
| -14% | -$3.82M |
|
1185
PUT
Take-Two Interactive
TTWO
$46.1B
| $22.6M | 0.01% |
374,800
+208,700
| +126% | +$26.6M |
|
1186
CALL
Akamai
AKAM
$15.9B
| $22.5M | 0.01% |
246,800
+50,000
| +25% | +$5.21M |
|
1187
Prologis
PLD
$133B
| $22.5M | 0.01% |
191,481
+62,157
| +48% | +$8.59M |
|
|
FL
1188
DELISTED
Foot Locker
FL
| $22.5M | 0.01% |
891,492
+193,226
| +28% | +$5.77M |
|
1189
InterDigital
IDCC
$8.89B
| $22.5M | 0.01% |
369,613
+42,222
| +13% | +$2.59M |
|
1190
Apollo Global Management
APO
$73.4B
| $22.4M | 0.01% |
462,826
+183,227
| +66% | +$9.97M |
|
1191
ManpowerGroup
MAN
$2.63B
| $22.4M | 0.01% |
293,212
+261,217
| +816% | +$22.9M |
|
|
AL
1192
DELISTED
Air Lease Corp
AL
| $22.4M | 0.01% |
669,430
+107,009
| +19% | +$4.06M |
|
1193
Agree Realty
ADC
$9.41B
| $22.3M | 0.01% |
309,488
-451,564
| -59% | -$31.3M |
|
|
CADE
1194
DELISTED
Cadence Bank
CADE
| $22.2M | 0.01% |
947,419
+298,297
| +46% | +$7.68M |
|
|
RBAC
1195
DELISTED
RedBall Acquisition Corp.
RBAC
| $22.2M | 0.01% |
2,233,445
-1,308,252
| -37% | -$13M |
|
1196
W.W. Grainger
GWW
$60.2B
| $22.2M | 0.01% |
48,869
-48,204
| -50% | -$23.4M |
|
1197
Constellation Energy
CEG
$95.6B
| $22.2M | 0.01% |
387,652
-541,614
| -58% | -$32.6M |
|
1198
iShares Biotechnology ETF
IBB
$9.77B
| $22.2M | 0.01% |
188,644
+54,629
| +41% | +$6.48M |
|
|
JWSM
1199
DELISTED
Jaws Mustang Acquisition Corp.
JWSM
| $22.2M | 0.01% |
2,256,711
+455,713
| +25% | +$4.48M |
|
1200
Diageo
DEO
$53.6B
| $22.2M | 0.01% |
127,395
+123,514
| +3,183% | +$23.5M |
|
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.