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 | |
|---|---|---|---|---|---|---|
|
TGNA
1226
DELISTED
TEGNA Inc
TGNA
| $22.7M | 0.01% |
1,098,117
-164,445
| -13% | -$3.48M |
|
1227
Scotiabank
BNS
$108B
| $22.7M | 0.01% |
476,433
+284,356
| +148% | +$16.3M |
|
|
HZNP
1228
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $22.6M | 0.01% |
365,097
-455,689
| -56% | -$31.8M |
|
|
HOLX
1229
CALL
DELISTED
Hologic
HOLX
| $22.6M | 0.01% |
350,000
+175,000
| +100% | +$12.1M |
|
1230
Ferrari
RACE
$71.6B
| $22.5M | 0.01% |
121,801
-180,858
| -60% | -$36.1M |
|
1231
Carter's
CRI
$1.49B
| $22.5M | 0.01% |
343,624
+108,907
| +46% | +$8.34M |
|
|
CYBR
1232
DELISTED
CyberArk
CYBR
| $22.5M | 0.01% |
149,979
+111,642
| +291% | +$15.9M |
|
1233
Voya Financial
VOYA
$9.25B
| $22.4M | 0.01% |
370,604
+178,695
| +93% | +$10.9M |
|
1234
Hexcel
HXL
$7.64B
| $22.4M | 0.01% |
432,865
-370,747
| -46% | -$21.6M |
|
1235
PUT
KLA
KLAC
$253B
| $22.4M | 0.01% |
739,000
+134,000
| +22% | +$4.64M |
|
1236
Berkshire Hathaway Class A
BRK.A
$1.15T
| $22.4M | 0.01% |
55
+2
| +4% | +$856K |
|
1237
CALL
Enphase Energy
ENPH
$5.46B
| $22.3M | 0.01% |
80,500
+70,900
| +739% | +$19.1M |
|
1238
PUT
Emerson Electric
EMR
$89B
| $22.3M | 0.01% |
304,900
-10,000
| -3% | -$831K |
|
1239
CALL
Zillow
Z
$7.44B
| $22.3M | 0.01% |
780,000
+430,000
| +123% | +$14.9M |
|
1240
Vanguard FTSE Europe ETF
VGK
$31B
| $22.3M | 0.01% |
483,324
+50,231
| +12% | +$2.62M |
|
1241
Elastic
ESTC
$7.95B
| $22.3M | 0.01% |
310,540
-140,799
| -31% | -$11.2M |
|
1242
PUT
TSMC
TSM
$2.19T
| $22.2M | 0.01% |
323,400
+43,500
| +16% | +$3.6M |
|
1243
PTC Therapeutics
PTCT
$6.14B
| $22.2M | 0.01% |
+441,353
| New | +$21.6M |
|
1244
Bankunited
BKU
$3.33B
| $22.1M | 0.01% |
647,835
+370,320
| +133% | +$13.8M |
|
|
IPOF
1245
DELISTED
Social Capital Hedosophia Holdings Corp. VI
IPOF
| $22.1M | 0.01% |
2,211,033
| – | – |
|
|
VEEA
1246
Veea Inc
VEEA
$9.42M
| $22.1M | 0.01% |
2,230,762
+262,105
| +13% | +$2.58M |
|
1247
CALL
LyondellBasell Industries
LYB
$20B
| $22.1M | 0.01% |
293,200
+40,700
| +16% | +$3.44M |
|
1248
CALL
Canadian Imperial Bank of Commerce
CM
$109B
| $22.1M | 0.01% |
+365,000
| New | +$17.8M |
|
1249
International Seaways
INSW
$4.53B
| $22M | 0.01% |
627,103
-176,998
| -22% | -$4.9M |
|
1250
Murphy Oil
MUR
$5.1B
| $22M | 0.01% |
626,223
+413,608
| +195% | +$14.3M |
|
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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.