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 | |
|---|---|---|---|---|---|---|
1426
Coupang
CPNG
$29.2B
| $18.2M | 0.01% |
1,089,359
+219,609
| +25% | +$3.8M |
|
1427
DNOW Inc
DNOW
$2.99B
| $18.1M | 0.01% |
1,805,639
+880,162
| +95% | +$9.51M |
|
1428
CALL
American Express
AXP
$230B
| $18.1M | 0.01% |
134,500
-145,300
| -52% | -$22M |
|
1429
CALL
TJX Companies
TJX
$178B
| $18.1M | 0.01% |
+292,100
| New | +$18.3M |
|
1430
PUT
Hilton Worldwide
HLT
$71.5B
| $18.1M | 0.01% |
150,100
+77,700
| +107% | +$9.82M |
|
|
CLR
1431
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $18.1M | 0.01% |
270,816
-216,171
| -44% | -$14.6M |
|
1432
Stewart Information Services
STC
$2.08B
| $18.1M | 0.01% |
414,517
-60,018
| -13% | -$3.07M |
|
1433
Freeport-McMoran
FCX
$97.5B
| $18.1M | 0.01% |
661,453
-1,470,800
| -69% | -$43M |
|
1434
Schneider National
SNDR
$6.25B
| $18M | 0.01% |
888,852
+841,968
| +1,796% | +$19.5M |
|
1435
AngioDynamics
ANGO
$649M
| $18M | 0.01% |
881,586
+71,043
| +9% | +$1.56M |
|
1436
Fresenius Medical Care
FMS
$12.9B
| $18M | 0.01% |
1,280,031
+608,902
| +91% | +$11.5M |
|
|
TOAC
1437
DELISTED
Talon 1 Acquisition Corp. Class A Ordinary Shares
TOAC
| $18M | 0.01% |
1,761,589
+576,589
| +49% | +$5.85M |
|
1438
CALL
Cardinal Health
CAH
$55.4B
| $17.9M | 0.01% |
269,200
+92,500
| +52% | +$5.86M |
|
1439
Ameresco
AMRC
$1.36B
| $17.9M | 0.01% |
269,868
-189,167
| -41% | -$11.6M |
|
1440
RLI Corp
RLI
$5.89B
| $17.9M | 0.01% |
350,012
+137,074
| +64% | +$7.66M |
|
|
AVNS
1441
DELISTED
Avanos Medical
AVNS
| $17.9M | 0.01% |
821,336
+521,412
| +174% | +$13.6M |
|
1442
Core & Main
CNM
$8.71B
| $17.9M | 0.01% |
786,337
+744,598
| +1,784% | +$17.4M |
|
|
DOC
1443
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $17.9M | 0.01% |
+1,188,120
| New | +$20.1M |
|
1444
Tractor Supply
TSCO
$18B
| $17.9M | 0.01% |
480,405
-2,347,505
| -83% | -$91.4M |
|
1445
CALL
American Electric Power
AEP
$68.4B
| $17.8M | 0.01% |
206,400
+6,400
| +3% | +$633K |
|
1446
Photronics
PLAB
$1.93B
| $17.8M | 0.01% |
1,214,982
+617,317
| +103% | +$12.1M |
|
1447
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $17.7M | 0.01% |
404,355
+67,835
| +20% | +$3.28M |
|
|
FTPA
1448
DELISTED
FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
| $17.7M | 0.01% |
1,802,853
| – | – |
|
1449
Huntington Ingalls Industries
HII
$12.8B
| $17.7M | 0.01% |
79,930
+56,929
| +248% | +$12.8M |
|
|
NSTD
1450
DELISTED
Northern Star Investment Corp. IV
NSTD
| $17.7M | 0.01% |
1,802,226
-2,565
| -0.1% | -$25.2K |
|
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.