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 | |
|---|---|---|---|---|---|---|
1601
ING
ING
$101B
| $16.7M | 0.01% |
1,371,263
+411,029
| +43% | +$4.46M |
|
1602
National Health Investors
NHI
$3.38B
| $16.7M | 0.01% |
318,928
+158,605
| +99% | +$8.69M |
|
|
RNAM
1603
DELISTED
Avidity Biosciences
RNAM
| $16.7M | 0.01% |
750,445
+711,532
| +1,829% | +$10.6M |
|
1604
PUT
Kinder Morgan
KMI
$70.3B
| $16.6M | 0.01% |
920,200
+52,800
| +6% | +$950K |
|
|
BNAI
1605
Brand Engagement Network
BNAI
$102M
| $16.6M | 0.01% |
165,028
+2,000
| +1% | +$200K |
|
1606
Algonquin Power & Utilities
AQN
$4.48B
| $16.6M | 0.01% |
2,545,857
+2,533,280
| +20,142% | +$22.6M |
|
|
GHIX
1607
DELISTED
Gores Holdings IX, Inc. Class A Common Stock
GHIX
| $16.6M | 0.01% |
1,680,000
+52,477
| +3% | +$512K |
|
|
LEGA
1608
DELISTED
Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares
LEGA
| $16.6M | 0.01% |
1,646,107
-4,104
| -0.2% | -$41.1K |
|
1609
Granite Construction
GVA
$5.47B
| $16.6M | 0.01% |
472,071
-294,807
| -38% | -$9.65M |
|
|
TRTL
1610
DELISTED
TortoiseEcofin Acquisition Corp. III
TRTL
| $16.5M | 0.01% |
1,655,900
| – | – |
|
1611
Bloom Energy
BE
$62.6B
| $16.5M | 0.01% |
860,687
+773,317
| +885% | +$15.2M |
|
1612
American States Water
AWR
$3.47B
| $16.4M | 0.01% |
177,706
+160,437
| +929% | +$14.6M |
|
1613
First Interstate BancSystem
FIBK
$3.63B
| $16.4M | 0.01% |
425,526
-345,510
| -45% | -$14.6M |
|
|
SOVO
1614
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $16.4M | 0.01% |
1,143,488
+133,666
| +13% | +$1.87M |
|
1615
Varonis Systems
VRNS
$4.81B
| $16.4M | 0.01% |
+686,271
| New | +$15.7M |
|
1616
Cheesecake Factory
CAKE
$5.62B
| $16.4M | 0.01% |
+517,437
| New | +$17.3M |
|
1617
iShares MSCI India ETF
INDA
$6.6B
| $16.4M | 0.01% |
392,964
+223,363
| +132% | +$9.46M |
|
1618
CALL
Capital One
COF
$135B
| $16.3M | 0.01% |
175,800
+35,400
| +25% | +$3.48M |
|
1619
Oaktree Specialty Lending
OCSL
$1.12B
| $16.3M | 0.01% |
791,592
+556,935
| +237% | +$11.2M |
|
1620
Iridium Communications
IRDM
$5.24B
| $16.3M | 0.01% |
317,381
-342,264
| -52% | -$17.2M |
|
1621
Unifirst Corp
UNF
$5.27B
| $16.3M | 0.01% |
84,373
-19,550
| -19% | -$3.58M |
|
1622
TFS Financial
TFSL
$4.86B
| $16.3M | 0.01% |
1,129,937
+110,760
| +11% | +$1.51M |
|
1623
Janus International
JBI
$692M
| $16.3M | 0.01% |
1,709,748
+608,471
| +55% | +$5.87M |
|
1624
CALL
Moody's
MCO
$82.6B
| $16.3M | 0.01% |
58,400
+55,200
| +1,725% | +$15.1M |
|
1625
LiveRamp
RAMP
$2.3B
| $16.3M | 0.01% |
693,887
+440,300
| +174% | +$8.89M |
|
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.