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
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.62% |
| 3 | Healthcare | 7.1% |
| 4 | Industrials | 5.08% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $19.1M | 0.01% |
+173,283
| New | +$19.1M |
|
1352
PUT
Baxter International
BAX
$14.2B
| $19M | 0.01% |
296,400
+184,000
| +164% | +$13.4M |
|
1353
OneMain Financial
OMF
$7.47B
| $19M | 0.01% |
509,271
-321,096
| -39% | -$13.9M |
|
1354
PUT
Cognizant
CTSH
$26B
| $19M | 0.01% |
281,900
+107,400
| +62% | +$8.22M |
|
1355
Denali Therapeutics
DNLI
$3.97B
| $19M | 0.01% |
+645,336
| New | +$16.9M |
|
1356
Elanco Animal Health
ELAN
$11.1B
| $19M | 0.01% |
967,043
+956,614
| +9,173% | +$22.6M |
|
1357
Abercrombie & Fitch
ANF
$5B
| $19M | 0.01% |
1,121,848
+672,933
| +150% | +$18.6M |
|
1358
Wyndham Hotels & Resorts
WH
$5.48B
| $19M | 0.01% |
288,644
-501,240
| -63% | -$39.5M |
|
1359
CALL
SLB Ltd
SLB
$75B
| $18.9M | 0.01% |
529,700
+86,100
| +19% | +$3.59M |
|
1360
CALL
Truist Financial
TFC
$64B
| $18.9M | 0.01% |
399,300
| – | – |
|
|
AVLR
1361
DELISTED
Avalara, Inc.
AVLR
| $18.9M | 0.01% |
268,259
+260,836
| +3,514% | +$21.4M |
|
1362
Jacobs Solutions
J
$17B
| $18.9M | 0.01% |
179,971
-344,061
| -66% | -$38.5M |
|
|
CTIC
1363
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $18.9M | 0.01% |
3,168,087
+989,524
| +45% | +$5.07M |
|
1364
PennyMac Financial
PFSI
$4.02B
| $18.9M | 0.01% |
432,040
-71,492
| -14% | -$3.38M |
|
1365
CALL
Occidental Petroleum
OXY
$55.9B
| $18.8M | 0.01% |
319,800
+19,800
| +7% | +$1.22M |
|
|
AGCB
1366
DELISTED
Altimeter Growth Corp 2
AGCB
| $18.8M | 0.01% |
1,907,541
+304,996
| +19% | +$3M |
|
1367
PUT
Atlassian
TEAM
$37.8B
| $18.8M | 0.01% |
100,200
-10,000
| -9% | -$2.13M |
|
1368
Hilltop Holdings
HTH
$2.24B
| $18.8M | 0.01% |
704,273
+371,133
| +111% | +$10.6M |
|
1369
Ryman Hospitality Properties
RHP
$7.63B
| $18.8M | 0.01% |
246,883
-109,092
| -31% | -$9.62M |
|
1370
Eagle Bancorp
EGBN
$845M
| $18.7M | 0.01% |
394,797
+321,218
| +437% | +$16.1M |
|
1371
Opko Health
OPK
$1.02B
| $18.7M | 0.01% |
7,390,435
+5,624,866
| +319% | +$16.4M |
|
|
MRSH
1372
PUT
Marsh
MRSH
$91.5B
| $18.7M | 0.01% |
120,400
+111,300
| +1,223% | +$17.8M |
|
1373
Boston Beer
SAM
$1.92B
| $18.7M | 0.01% |
+61,690
| New | +$21.5M |
|
1374
iRhythm Holdings
IRTC
$4.2B
| $18.7M | 0.01% |
+172,947
| New | +$22.9M |
|
1375
Liberty Energy
LBRT
$3.25B
| $18.7M | 0.01% |
1,464,127
+1,444,750
| +7,456% | +$22.7M |
|
Similar funds
Millennium Management's Q2 2022 Portfolio in Review
As of Q2 2022, Millennium Management held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Millennium Management's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Millennium Management added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Millennium Management's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Millennium Management fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Millennium Management's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Millennium Management opened 1,144 new positions and closed 1,065 in Q2 2022.
- Millennium Management's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.