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 |
DRE
Duke Realty Corp.
DRE
|
+$886M |
| 2 |
Chevron
CVX
|
+$595M |
| 3 |
Union Pacific
UNP
|
+$360M |
| 4 |
Baxter International
BAX
|
+$276M |
| 5 |
Xcel Energy
XEL
|
+$252M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$520M |
| 2 |
NXP Semiconductors
NXPI
|
+$248M |
| 3 |
Oracle
ORCL
|
+$242M |
| 4 |
Amgen
AMGN
|
+$197M |
| 5 |
Eli Lilly
LLY
|
+$186M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.12% |
| 2 | Technology | 7.86% |
| 3 | Healthcare | 6.8% |
| 4 | Industrials | 5.01% |
| 5 | Consumer Discretionary | 4.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ISEE
1176
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $23.8M | 0.01% |
1,324,930
-284,565
| -18% | -$3.74M |
|
1177
CALL
Prudential Financial
PRU
$41.9B
| $23.7M | 0.01% |
276,400
+263,300
| +2,010% | +$25.3M |
|
1178
JD.com
JD
$45.1B
| $23.7M | 0.01% |
471,349
-138,269
| -23% | -$8.19M |
|
1179
BILL Holdings
BILL
$4.86B
| $23.7M | 0.01% |
179,061
+49,190
| +38% | +$7.07M |
|
1180
Essential Properties Realty Trust
EPRT
$6.52B
| $23.7M | 0.01% |
1,217,588
-748,889
| -38% | -$17.1M |
|
1181
Stellantis
STLA
$21.1B
| $23.7M | 0.01% |
1,995,583
+1,600,287
| +405% | +$21.5M |
|
1182
Grocery Outlet
GO
$971M
| $23.6M | 0.01% |
708,192
+141,181
| +25% | +$5.74M |
|
|
CMBT
1183
CMB.TECH NV
CMBT
$4.72B
| $23.6M | 0.01% |
+1,531,820
| New | +$23.3M |
|
|
ACQR
1184
DELISTED
Independence Holdings Corp. Class A Ordinary Share
ACQR
| $23.6M | 0.01% |
2,374,667
+529,912
| +29% | +$5.22M |
|
1185
ONE Gas
OGS
$4.97B
| $23.6M | 0.01% |
334,595
-132,114
| -28% | -$10.6M |
|
|
PDCO
1186
DELISTED
Patterson Companies, Inc.
PDCO
| $23.5M | 0.01% |
979,974
-393,633
| -29% | -$11.3M |
|
1187
Oshkosh
OSK
$9.57B
| $23.5M | 0.01% |
334,553
+313,534
| +1,492% | +$25.5M |
|
|
MIT
1188
DELISTED
Mason Industrial Technology, Inc.
MIT
| $23.5M | 0.01% |
2,396,477
+3,605
| +0.2% | +$35.3K |
|
1189
TG Therapeutics
TGTX
$7.53B
| $23.5M | 0.01% |
3,962,197
-996,355
| -20% | -$6.53M |
|
1190
First Bancorp
FBP
$4.41B
| $23.4M | 0.01% |
1,712,757
+1,467,649
| +599% | +$21.3M |
|
|
SPLK
1191
CALL
DELISTED
Splunk Inc
SPLK
| $23.4M | 0.01% |
310,500
-344,600
| -53% | -$33.8M |
|
1192
Par Pacific Holdings
PARR
$3.63B
| $23.3M | 0.01% |
1,421,936
+768,551
| +118% | +$13M |
|
1193
PUT
iShares China Large-Cap ETF
FXI
$4.34B
| $23.3M | 0.01% |
902,000
-2,145,000
| -70% | -$64.2M |
|
|
AISP
1194
Airship AI Holdings
AISP
$69.9M
| $23.3M | 0.01% |
2,350,879
+752,661
| +47% | +$7.41M |
|
1195
CNA Financial
CNA
$13.9B
| $23.3M | 0.01% |
630,636
+618,700
| +5,183% | +$25.2M |
|
1196
NVR
NVR
$16.7B
| $23.3M | 0.01% |
5,836
-2,721
| -32% | -$11.6M |
|
1197
Builders FirstSource
BLDR
$7.73B
| $23.3M | 0.01% |
394,647
+111,819
| +40% | +$6.99M |
|
1198
ADT
ADT
$5.51B
| $23.2M | 0.01% |
3,096,601
+2,717,476
| +717% | +$20.5M |
|
|
ZEN
1199
CALL
DELISTED
ZENDESK INC
ZEN
| $23.2M | 0.01% |
304,300
-376,700
| -55% | -$28.6M |
|
1200
CALL
CME Group
CME
$95.2B
| $23.1M | 0.01% |
130,500
+31,600
| +32% | +$6.25M |
|
Similar funds
Millennium Management's Q3 2022 Portfolio in Review
As of Q3 2022, Millennium Management held 7,917 positions worth $169B, up 4.9% from $161B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $14.7B of net new capital in Q3 2022, opening 1,007 new positions and adding to 2,598 existing holdings. Its largest new stake was Rockwell Automation: 953,525 shares worth $205M.
By sector, the portfolio is most concentrated in Financials at 8.1% of assets, up from 7.6% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $520M trimmed.
- Millennium Management's largest Q3 2022 buy was Rockwell Automation: 953,525 shares worth $205M.
- Millennium Management added most to Duke Realty Corp. in Q3 2022, an estimated $886M increase.
- Millennium Management's biggest Q3 2022 reduction was Invesco QQQ Trust, cutting an estimated $520M.
- Millennium Management fully exited Coherent Inc in Q3 2022, selling an estimated $114M.
- Millennium Management's ten largest holdings make up 23% of its $169B portfolio in Q3 2022.
- Millennium Management opened 1,007 new positions and closed 906 in Q3 2022.
- Millennium Management's portfolio value rose 4.9% quarter-over-quarter to $169B.
Based on Millennium Management's 13F filing for Q3 2022, filed 14 Nov 2022.