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 | |
|---|---|---|---|---|---|---|
1426
Omega Healthcare
OHI
$13.8B
| $20.3M | 0.01% |
727,394
+690,014
| +1,846% | +$20.8M |
|
1427
Intel
INTC
$493B
| $20.3M | 0.01% |
767,930
-2,330,485
| -75% | -$64.7M |
|
1428
Aflac
AFL
$60.7B
| $20.3M | 0.01% |
281,936
-339,961
| -55% | -$22.8M |
|
|
OSI
1429
DELISTED
Osiris Acquisition Corp.
OSI
| $20.2M | 0.01% |
2,004,851
+10,000
| +0.5% | +$99.5K |
|
1430
RXO
RXO
$3.54B
| $20M | 0.01% |
+1,164,554
| New | +$20.7M |
|
1431
CALL
DuPont de Nemours
DD
$19.5B
| $20M | 0.01% |
232,228
+197,812
| +575% | +$15.8M |
|
1432
CALL
Canadian Imperial Bank of Commerce
CM
$109B
| $20M | 0.01% |
365,000
| – | – |
|
1433
Navient
NAVI
$803M
| $19.9M | 0.01% |
1,209,903
+206,703
| +21% | +$3.27M |
|
|
SI
1434
DELISTED
Silvergate Capital Corporation
SI
| $19.9M | 0.01% |
1,142,846
+1,102,644
| +2,743% | +$43.7M |
|
1435
Preferred Bank
PFBC
$1.26B
| $19.9M | 0.01% |
266,322
+248,717
| +1,413% | +$18.1M |
|
1436
CALL
Marriott International
MAR
$91.1B
| $19.9M | 0.01% |
133,400
+110,500
| +483% | +$17M |
|
1437
Snap
SNAP
$9.32B
| $19.9M | 0.01% |
2,218,864
+1,037,775
| +88% | +$10.2M |
|
|
SAVE
1438
DELISTED
Spirit Airlines, Inc.
SAVE
| $19.8M | 0.01% |
1,018,686
-251,899
| -20% | -$5.17M |
|
1439
Teradata
TDC
$2.5B
| $19.8M | 0.01% |
589,372
+260,708
| +79% | +$8.39M |
|
1440
ManpowerGroup
MAN
$2.62B
| $19.8M | 0.01% |
238,159
-260,322
| -52% | -$20.9M |
|
|
ETNB
1441
DELISTED
89bio
ETNB
| $19.8M | 0.01% |
1,556,233
+706,686
| +83% | +$6.36M |
|
|
PXD
1442
DELISTED
Pioneer Natural Resource Co.
PXD
| $19.8M | 0.01% |
86,714
+69,751
| +411% | +$17M |
|
1443
Upwork
UPWK
$1.03B
| $19.8M | 0.01% |
1,895,721
+966,196
| +104% | +$11.9M |
|
|
CGC
1444
Canopy Growth
CGC
$422M
| $19.8M | 0.01% |
855,666
+546,409
| +177% | +$16.9M |
|
1445
Varex Imaging
VREX
$783M
| $19.7M | 0.01% |
972,580
+152,068
| +19% | +$3.18M |
|
1446
Essential Utilities
WTRG
$11.4B
| $19.7M | 0.01% |
412,408
-800,173
| -66% | -$36.2M |
|
1447
CALL
D.R. Horton
DHI
$42.2B
| $19.7M | 0.01% |
220,500
+203,900
| +1,228% | +$16.3M |
|
1448
Cummins
CMI
$87.1B
| $19.6M | 0.01% |
80,937
-324,793
| -80% | -$77.3M |
|
1449
Mercury Insurance
MCY
$5.86B
| $19.6M | 0.01% |
573,230
+75,890
| +15% | +$2.52M |
|
|
SPR
1450
DELISTED
Spirit AeroSystems
SPR
| $19.6M | 0.01% |
661,269
+107,893
| +19% | +$2.8M |
|
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.