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 | |
|---|---|---|---|---|---|---|
1301
Alaska Air
ALK
$5.36B
| $20.7M | 0.01% |
528,913
+368,814
| +230% | +$16.2M |
|
1302
Intuit
INTU
$90.4B
| $20.7M | 0.01% |
53,363
-293,649
| -85% | -$127M |
|
1303
CALL
Biohaven
BHVN
$2.22B
| $20.7M | 0.01% |
+139,844
| New | +$1.01M |
|
1304
Emcor
EME
$36.2B
| $20.6M | 0.01% |
178,456
-350,221
| -66% | -$40M |
|
1305
APi Group
APG
$18.2B
| $20.6M | 0.01% |
2,324,450
+1,818,032
| +359% | +$19.4M |
|
1306
Valley National Bancorp
VLY
$8.06B
| $20.5M | 0.01% |
1,900,554
+1,356,696
| +249% | +$15.6M |
|
|
RMGC
1307
DELISTED
RMG Acquisition Corp. III Class A Ordinary Shares
RMGC
| $20.5M | 0.01% |
2,063,490
+671,385
| +48% | +$6.63M |
|
1308
PUT
Sysco
SYY
$40.3B
| $20.5M | 0.01% |
289,700
+251,000
| +649% | +$20.9M |
|
1309
PUT
American Electric Power
AEP
$66.7B
| $20.5M | 0.01% |
+236,800
| New | +$23.4M |
|
1310
PUT
VanEck Gold Miners ETF
GDX
$27.4B
| $20.4M | 0.01% |
847,800
-35,700
| -4% | -$903K |
|
|
HAAC
1311
DELISTED
Health Assurance Acquisition Corp. Class A Common Stock
HAAC
| $20.4M | 0.01% |
2,040,504
+23,962
| +1% | +$238K |
|
1312
Cameco
CCJ
$42.5B
| $20.4M | 0.01% |
767,449
-1,291,282
| -63% | -$33M |
|
|
GSEV
1313
DELISTED
Gores Holdings VII, Inc. Class A Common Stock
GSEV
| $20.4M | 0.01% |
2,063,879
+752,888
| +57% | +$7.4M |
|
1314
Avient
AVNT
$4.18B
| $20.3M | 0.01% |
671,121
-115,223
| -15% | -$4.77M |
|
1315
CALL
Qualcomm
QCOM
$173B
| $20.3M | 0.01% |
179,900
-200,400
| -53% | -$27.5M |
|
1316
PUT
Mondelez International
MDLZ
$78.6B
| $20.3M | 0.01% |
370,300
-771,500
| -68% | -$47.9M |
|
|
LCAA
1317
DELISTED
L Catterton Asia Acquisition Corp Class A Ordinary Shares
LCAA
| $20.3M | 0.01% |
2,047,543
+364,891
| +22% | +$3.6M |
|
1318
Clear Secure
YOU
$5.33B
| $20.2M | 0.01% |
884,970
+34,708
| +4% | +$851K |
|
1319
Xenon Pharmaceuticals
XENE
$6.1B
| $20.2M | 0.01% |
560,349
+67,658
| +14% | +$2.43M |
|
|
BLUA
1320
DELISTED
BlueRiver Acquisition Corp.
BLUA
| $20.2M | 0.01% |
2,043,319
+336,349
| +20% | +$3.32M |
|
1321
PUT
PNC Financial Services
PNC
$100B
| $20.2M | 0.01% |
135,200
+22,600
| +20% | +$3.66M |
|
|
MBAC
1322
DELISTED
M3-Brigade Acquisition II Corp.
MBAC
| $20.2M | 0.01% |
2,057,764
-162,790
| -7% | -$1.6M |
|
1323
PUT
Baker Hughes
BKR
$63.1B
| $20.2M | 0.01% |
962,700
+45,600
| +5% | +$1.14M |
|
1324
i3 Verticals
IIIV
$331M
| $20.1M | 0.01% |
1,005,376
+375,324
| +60% | +$9.14M |
|
1325
Motorola Solutions
MSI
$75.9B
| $20M | 0.01% |
89,399
+2,020
| +2% | +$477K |
|
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.