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 | |
|---|---|---|---|---|---|---|
|
SWN
1451
DELISTED
Southwestern Energy Company
SWN
| $17.7M | 0.01% |
2,891,235
-7,975,309
| -73% | -$55.2M |
|
1452
Infosys
INFY
$50.7B
| $17.6M | 0.01% |
1,039,212
-1,611,584
| -61% | -$30.1M |
|
1453
Clarus
CLAR
$143M
| $17.6M | 0.01% |
1,309,159
+684,436
| +110% | +$13.3M |
|
1454
Clearwater Paper
CLW
$376M
| $17.6M | 0.01% |
468,993
+70,231
| +18% | +$2.78M |
|
1455
Rio Tinto
RIO
$164B
| $17.6M | 0.01% |
320,085
+235,106
| +277% | +$13.5M |
|
1456
PUT
Equifax
EFX
$21.4B
| $17.6M | 0.01% |
+102,800
| New | +$20.1M |
|
|
APLS
1457
DELISTED
Apellis Pharmaceuticals
APLS
| $17.6M | 0.01% |
+257,869
| New | +$15.3M |
|
|
DCPH
1458
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $17.6M | 0.01% |
951,319
+318,383
| +50% | +$5M |
|
|
CYBE
1459
DELISTED
Cyberoptics Corp
CYBE
| $17.6M | 0.01% |
327,239
+277,654
| +560% | +$13M |
|
1460
Newell Brands
NWL
$2.56B
| $17.6M | 0.01% |
1,264,198
+889,963
| +238% | +$16.6M |
|
1461
Nomad Foods
NOMD
$1.68B
| $17.5M | 0.01% |
1,235,746
+382,245
| +45% | +$6.88M |
|
1462
CALL
Chubb
CB
$135B
| $17.5M | 0.01% |
96,400
+38,100
| +65% | +$7.23M |
|
1463
Tevogen Inc. Common Stock
TVGN
$27.3M
| $17.5M | 0.01% |
34,512
+1,936
| +6% | +$976K |
|
1464
Unifirst Corp
UNF
$5.25B
| $17.5M | 0.01% |
103,923
+27,269
| +36% | +$4.98M |
|
1465
BioLife Solutions
BLFS
$1.7B
| $17.5M | 0.01% |
768,312
-791,825
| -51% | -$16.9M |
|
1466
Duke Energy
DUK
$97.3B
| $17.4M | 0.01% |
187,520
+135,878
| +263% | +$14.6M |
|
1467
Advanced Energy
AEIS
$13B
| $17.4M | 0.01% |
224,576
+202,636
| +924% | +$17.4M |
|
1468
Willis Towers Watson
WTW
$32B
| $17.4M | 0.01% |
86,400
-127,399
| -60% | -$26.3M |
|
|
ONEM
1469
DELISTED
1Life Healthcare
ONEM
| $17.4M | 0.01% |
1,011,788
-2,539,871
| -72% | -$39.9M |
|
1470
Varex Imaging
VREX
$523M
| $17.3M | 0.01% |
820,512
+580,693
| +242% | +$12.7M |
|
|
VLAT
1471
DELISTED
Valor Latitude Acquisition Corp. Class A Ordinary Shares
VLAT
| $17.3M | 0.01% |
1,758,240
+526,621
| +43% | +$5.16M |
|
1472
Fulton Financial
FULT
$4.64B
| $17.3M | 0.01% |
1,096,285
-815,885
| -43% | -$13.2M |
|
1473
Hercules Capital
HTGC
$3.23B
| $17.3M | 0.01% |
1,494,565
+1,372,385
| +1,123% | +$19.6M |
|
1474
Evergy
EVRG
$19.2B
| $17.3M | 0.01% |
290,606
-146,164
| -33% | -$9.83M |
|
|
UNVR
1475
DELISTED
Univar Solutions Inc.
UNVR
| $17.3M | 0.01% |
758,777
-1,954,277
| -72% | -$49.1M |
|
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.