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 | |
|---|---|---|---|---|---|---|
1326
U-Haul Holding Co
UHAL
$14.3B
| $22.6M | 0.01% |
375,560
+362,390
| +2,752% | +$20.8M |
|
1327
Hims & Hers Health
HIMS
$7.12B
| $22.6M | 0.01% |
3,524,750
+2,090,833
| +146% | +$11.9M |
|
1328
CALL
Baxter International
BAX
$14.3B
| $22.6M | 0.01% |
443,200
+302,800
| +216% | +$16.3M |
|
|
XIFR
1329
XPLR Infrastructure LP
XIFR
$1.08B
| $22.6M | 0.01% |
321,808
-55,877
| -15% | -$4.18M |
|
|
VEEA
1330
Veea Inc
VEEA
$6.94M
| $22.5M | 0.01% |
2,230,761
-1
| -0% | -$10 |
|
1331
Semtech
SMTC
$12.2B
| $22.4M | 0.01% |
780,494
+114,729
| +17% | +$3.25M |
|
1332
CALL
Valero Energy
VLO
$93.3B
| $22.4M | 0.01% |
176,500
-359,800
| -67% | -$45.2M |
|
1333
Texas Instruments
TXN
$257B
| $22.3M | 0.01% |
135,151
-827,333
| -86% | -$138M |
|
|
EOCW
1334
DELISTED
Elliott Opportunity II Corp.
EOCW
| $22.3M | 0.01% |
2,213,117
-100,000
| -4% | -$995K |
|
|
PINC
1335
DELISTED
Premier
PINC
| $22.3M | 0.01% |
637,445
+425,221
| +200% | +$14.2M |
|
1336
Nucor
NUE
$61.9B
| $22.3M | 0.01% |
169,131
+44,634
| +36% | +$6.07M |
|
1337
PUT
American Tower
AMT
$79B
| $22.3M | 0.01% |
105,100
-29,700
| -22% | -$6.18M |
|
1338
Benchmark Electronics
BHE
$2.92B
| $22.3M | 0.01% |
834,063
+444,075
| +114% | +$12.3M |
|
1339
Ambev
ABEV
$43.8B
| $22.3M | 0.01% |
8,181,005
+8,157,182
| +34,241% | +$23.8M |
|
1340
PUT
JD.com
JD
$43.1B
| $22.2M | 0.01% |
396,300
-196,400
| -33% | -$9.88M |
|
1341
PUT
RH
RH
$3.46B
| $22.2M | 0.01% |
83,100
-57,300
| -41% | -$14.9M |
|
1342
Grocery Outlet
GO
$972M
| $22.2M | 0.01% |
760,376
+52,184
| +7% | +$1.64M |
|
|
MDRX
1343
DELISTED
Veradigm Inc. Common Stock
MDRX
| $22.2M | 0.01% |
1,256,399
-28,220
| -2% | -$473K |
|
1344
flyExclusive
FLYX
$68.4M
| $22.1M | 0.01% |
2,220,000
| – | – |
|
1345
Berkshire Hathaway Class A
BRK.A
$1.11T
| $22M | 0.01% |
47
-8
| -15% | -$3.59M |
|
1346
Rivian
RIVN
$23.7B
| $22M | 0.01% |
1,194,043
+1,159,440
| +3,351% | +$34.1M |
|
1347
Monarch Casino & Resort
MCRI
$2.19B
| $22M | 0.01% |
286,185
+46,199
| +19% | +$3.49M |
|
1348
Avis
CAR
$4.97B
| $22M | 0.01% |
134,176
-59,425
| -31% | -$11.9M |
|
|
QVCGA
1349
DELISTED
QVC Group Inc Series A
QVCGA
| $22M | 0.01% |
269,859
+176,041
| +188% | +$17.9M |
|
1350
PUT
NRG Energy
NRG
$25.2B
| $21.9M | 0.01% |
688,900
+191,500
| +39% | +$7.57M |
|
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.