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 | |
|---|---|---|---|---|---|---|
1826
Upwork
UPWK
$1.19B
| $12.7M | 0.01% |
929,525
+239,547
| +35% | +$4.5M |
|
|
EVE
1827
DELISTED
EVe Mobility Acquisition Corp
EVE
| $12.7M | 0.01% |
1,254,218
+95,550
| +8% | +$956K |
|
1828
Rexford Industrial Realty
REXR
$8.19B
| $12.7M | 0.01% |
243,354
-1,308,703
| -84% | -$81M |
|
1829
Ingersoll Rand
IR
$33.7B
| $12.6M | 0.01% |
291,949
+252,311
| +637% | +$11.9M |
|
1830
PUT
Welltower
WELL
$171B
| $12.6M | 0.01% |
196,000
| – | – |
|
|
AGGR
1831
DELISTED
Agile Growth Corp
AGGR
| $12.6M | 0.01% |
1,269,894
+210,391
| +20% | +$2.07M |
|
1832
Fiverr
FVRR
$339M
| $12.6M | 0.01% |
410,583
-268,073
| -40% | -$9.52M |
|
1833
Rocket Lab Corp
RKLB
$51.8B
| $12.6M | 0.01% |
3,084,161
+1,036,865
| +51% | +$5.11M |
|
|
KRTX
1834
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $12.5M | 0.01% |
55,787
+49,108
| +735% | +$9.94M |
|
|
ANSS
1835
DELISTED
Ansys
ANSS
| $12.5M | 0.01% |
56,594
+15,058
| +36% | +$3.85M |
|
1836
SiteOne Landscape Supply
SITE
$4.53B
| $12.5M | 0.01% |
120,398
+69,144
| +135% | +$8.66M |
|
|
PRLH
1837
DELISTED
Pearl Holdings Acquisition Corp Class A Ordinary Shares
PRLH
| $12.5M | 0.01% |
1,260,000
+390,000
| +45% | +$3.89M |
|
1838
W.R. Berkley
WRB
$26.6B
| $12.5M | 0.01% |
290,910
-1,800,476
| -86% | -$78.2M |
|
1839
Matsons
MATX
$6.18B
| $12.5M | 0.01% |
203,545
-176,807
| -46% | -$13.6M |
|
1840
Telus
TU
$15.3B
| $12.5M | 0.01% |
629,955
-651,128
| -51% | -$14.5M |
|
1841
MakeMyTrip
MMYT
$5.64B
| $12.5M | 0.01% |
406,627
+342,554
| +535% | +$10.6M |
|
|
K
1842
DELISTED
Kellanova
K
| $12.5M | 0.01% |
+190,368
| New | +$13.1M |
|
|
VCSA
1843
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $12.4M | 0.01% |
+202,463
| New | +$14M |
|
1844
CBIZ
CBZ
$2.96B
| $12.4M | 0.01% |
290,536
+199,329
| +219% | +$8.72M |
|
1845
iShares Russell 2000 Value ETF
IWN
$14.6B
| $12.4M | 0.01% |
96,324
+20,631
| +27% | +$2.98M |
|
1846
PUT
Newmont
NEM
$119B
| $12.4M | 0.01% |
295,200
-470,000
| -61% | -$22M |
|
|
CLAA
1847
DELISTED
Colonnade Acquisition Corp. II
CLAA
| $12.4M | 0.01% |
1,250,500
-20,303
| -2% | -$200K |
|
|
ACAH
1848
DELISTED
Atlantic Coastal Acquisition Corp. Class A Common Stock
ACAH
| $12.4M | 0.01% |
1,261,952
+344,108
| +37% | +$3.38M |
|
1849
AngloGold Ashanti
AU
$48.7B
| $12.4M | 0.01% |
896,266
-290,924
| -25% | -$4.14M |
|
|
NSTB
1850
DELISTED
Northern Star Investment Corp. II
NSTB
| $12.4M | 0.01% |
1,254,912
+123,396
| +11% | +$1.22M |
|
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.