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 | |
|---|---|---|---|---|---|---|
1251
CALL
Sun Life Financial
SLF
$45.6B
| $22M | 0.01% |
+400,000
| New | +$17.9M |
|
1252
Associated Banc-Corp
ASB
$5.89B
| $21.9M | 0.01% |
1,093,028
-442,762
| -29% | -$8.9M |
|
1253
CALL
Aflac
AFL
$61.4B
| $21.9M | 0.01% |
390,300
+254,900
| +188% | +$15M |
|
1254
Carlyle Group
CG
$17.1B
| $21.9M | 0.01% |
848,754
-849,192
| -50% | -$28M |
|
1255
Enbridge
ENB
$112B
| $21.9M | 0.01% |
590,312
+448,470
| +316% | +$18.9M |
|
1256
PUT
Duke Energy
DUK
$95.2B
| $21.9M | 0.01% |
235,100
-124,400
| -35% | -$13.4M |
|
|
VRTV
1257
DELISTED
VERITIV CORPORATION
VRTV
| $21.9M | 0.01% |
223,532
+107,092
| +92% | +$12.7M |
|
1258
CALL
Salesforce
CRM
$162B
| $21.8M | 0.01% |
151,800
-560,400
| -79% | -$95M |
|
1259
Darling Ingredients
DAR
$10B
| $21.8M | 0.01% |
330,065
-397,515
| -55% | -$27.7M |
|
|
NDAC
1260
DELISTED
NightDragon Acquisition Corp. Class A Common stock
NDAC
| $21.8M | 0.01% |
2,222,940
+208,375
| +10% | +$2.04M |
|
1261
NNN REIT
NNN
$8.82B
| $21.8M | 0.01% |
547,473
+432,706
| +377% | +$19.5M |
|
1262
Sotera Health
SHC
$5.35B
| $21.8M | 0.01% |
3,194,969
+2,489,437
| +353% | +$41.4M |
|
|
ROCC
1263
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $21.8M | 0.01% |
+692,054
| New | +$24.4M |
|
1264
iShares MSCI South Korea ETF
EWY
$25.3B
| $21.7M | 0.01% |
458,573
-67,317
| -13% | -$3.84M |
|
1265
flyExclusive
FLYX
$63.7M
| $21.7M | 0.01% |
2,220,000
| – | – |
|
1266
Methanex
MEOH
$4.25B
| $21.6M | 0.01% |
676,549
+322,293
| +91% | +$11.7M |
|
1267
Lamar Advertising Co
LAMR
$16B
| $21.6M | 0.01% |
261,307
+199,496
| +323% | +$19M |
|
1268
FerroAtlántica
GSM
$860M
| $21.5M | 0.01% |
4,080,731
+746,179
| +22% | +$4.62M |
|
|
CMAX
1269
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $21.5M | 0.01% |
101,118
+17,328
| +21% | +$3.5M |
|
1270
BellRing Brands
BRBR
$1.33B
| $21.5M | 0.01% |
1,042,897
+1,029,612
| +7,750% | +$24.7M |
|
1271
Valaris
VAL
$5.92B
| $21.4M | 0.01% |
437,740
+340,023
| +348% | +$16.3M |
|
|
WWE
1272
DELISTED
World Wrestling Entertainment
WWE
| $21.4M | 0.01% |
304,713
-248,716
| -45% | -$17M |
|
1273
Celsius Holdings
CELH
$6.81B
| $21.3M | 0.01% |
705,666
-233,586
| -25% | -$7.32M |
|
1274
Howard Hughes
HHH
$3.89B
| $21.3M | 0.01% |
403,873
+386,147
| +2,178% | +$24.7M |
|
1275
Axos Financial
AX
$5.61B
| $21.3M | 0.01% |
623,004
+339,879
| +120% | +$13.8M |
|
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.