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 | |
|---|---|---|---|---|---|---|
1201
AngioDynamics
ANGO
$651M
| $26.9M | 0.01% |
1,953,005
+1,071,419
| +122% | +$14.9M |
|
1202
PUT
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.48B
| $26.8M | 0.01% |
727,000
+285,200
| +65% | +$10.5M |
|
1203
CALL
Freeport-McMoran
FCX
$96.4B
| $26.8M | 0.01% |
705,000
+91,100
| +15% | +$3.18M |
|
1204
CALL
Cadence Design Systems
CDNS
$90.2B
| $26.7M | 0.01% |
166,000
+79,300
| +91% | +$12.7M |
|
1205
CVR Energy
CVI
$3.42B
| $26.6M | 0.01% |
847,879
+661,621
| +355% | +$23.5M |
|
1206
Dave & Buster's
PLAY
$349M
| $26.5M | 0.01% |
+748,768
| New | +$27.1M |
|
|
HES
1207
DELISTED
Hess
HES
| $26.4M | 0.01% |
186,210
+148,322
| +391% | +$20.4M |
|
1208
ZIM Integrated Shipping Services
ZIM
$2.96B
| $26.4M | 0.01% |
1,535,760
+1,230,154
| +403% | +$27.4M |
|
1209
Vale
VALE
$60.9B
| $26.4M | 0.01% |
1,553,951
+1,382,808
| +808% | +$20.8M |
|
1210
Molson Coors Class B
TAP
$7.83B
| $26.4M | 0.01% |
511,690
+100,219
| +24% | +$5.14M |
|
1211
Cleveland-Cliffs
CLF
$7.08B
| $26.4M | 0.01% |
1,635,807
+1,616,983
| +8,590% | +$24.4M |
|
1212
Chefs' Warehouse
CHEF
$4.46B
| $26.3M | 0.01% |
789,609
+143,996
| +22% | +$5.01M |
|
|
SLAM
1213
DELISTED
Slam Corp. Class A Ordinary Share
SLAM
| $26.3M | 0.01% |
2,596,669
-22,331
| -0.9% | -$223K |
|
1214
Huntington Ingalls Industries
HII
$12.9B
| $26.2M | 0.01% |
113,650
+33,720
| +42% | +$7.94M |
|
1215
JD.com
JD
$43.1B
| $26.2M | 0.01% |
466,477
-4,872
| -1% | -$245K |
|
1216
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$99.4B
| $26.1M | 0.01% |
185,000
+100,000
| +118% | +$14M |
|
1217
PUT
Emerson Electric
EMR
$91.7B
| $26.1M | 0.01% |
271,600
-33,300
| -11% | -$2.99M |
|
1218
Extra Space Storage
EXR
$31B
| $26.1M | 0.01% |
177,009
+169,866
| +2,378% | +$27.1M |
|
1219
PUT
Sysco
SYY
$40.3B
| $26M | 0.01% |
340,500
+50,800
| +18% | +$4.1M |
|
1220
Impinj
PI
$5.32B
| $26M | 0.01% |
237,751
+156,551
| +193% | +$16.5M |
|
1221
Copart
CPRT
$27.2B
| $25.9M | 0.01% |
851,666
+690,302
| +428% | +$20.7M |
|
1222
NOV
NOV
$7.49B
| $25.9M | 0.01% |
1,239,921
+786,808
| +174% | +$16.5M |
|
1223
Televisa
TV
$1.48B
| $25.9M | 0.01% |
5,673,456
+5,481,169
| +2,851% | +$28.4M |
|
1224
Tyler Technologies
TYL
$13.2B
| $25.9M | 0.01% |
80,233
-72,123
| -47% | -$23.6M |
|
1225
Twilio
TWLO
$39.3B
| $25.8M | 0.01% |
527,550
+468,423
| +792% | +$26.7M |
|
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.