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 | |
|---|---|---|---|---|---|---|
1826
GATX Corp
GATX
$6.23B
| $13.1M | 0.01% |
122,829
-35,011
| -22% | -$3.65M |
|
|
NSTB
1827
DELISTED
Northern Star Investment Corp. II
NSTB
| $13.1M | 0.01% |
1,293,242
+38,330
| +3% | +$382K |
|
1828
ADC Therapeutics
ADCT
$144M
| $13.1M | 0.01% |
3,401,120
+2,980,867
| +709% | +$11.9M |
|
|
HTO
1829
H2O America
HTO
$2.56B
| $13M | 0.01% |
160,566
-46,312
| -22% | -$3.31M |
|
|
STRE
1830
DELISTED
Supernova Partners Acquisition Company III, Ltd.
STRE
| $13M | 0.01% |
1,291,721
-211
| -0% | -$2.11K |
|
|
MRC
1831
DELISTED
MRC Global
MRC
| $13M | 0.01% |
1,124,062
-140,821
| -11% | -$1.49M |
|
|
LGVC
1832
DELISTED
LAMF Global Ventures Corp. I Class A Ordinary Shares
LGVC
| $13M | 0.01% |
1,267,488
+10,000
| +0.8% | +$102K |
|
1833
PUT
Ares Capital
ARCC
$14.3B
| $13M | 0.01% |
703,000
+176,600
| +34% | +$3.32M |
|
|
DENN
1834
DELISTED
Denny's
DENN
| $13M | 0.01% |
1,407,016
+510,696
| +57% | +$5.53M |
|
1835
CALL
Rockwell Automation
ROK
$48.3B
| $13M | 0.01% |
50,300
+300
| +0.6% | +$75.3K |
|
|
1836
PUT
Rockwell Automation
ROK
$48.3B
| $13M | 0.01% |
50,300
+300
| +0.6% | +$75.3K |
|
|
EVE
1837
DELISTED
EVe Mobility Acquisition Corp
EVE
| $12.9M | 0.01% |
1,254,096
-122
| -0% | -$1.24K |
|
1838
PUT
Alcoa
AA
$13.6B
| $12.9M | 0.01% |
284,000
+73,800
| +35% | +$3.21M |
|
|
PRLH
1839
DELISTED
Pearl Holdings Acquisition Corp Class A Ordinary Shares
PRLH
| $12.9M | 0.01% |
1,260,000
| – | – |
|
1840
Beazer Homes USA
BZH
$871M
| $12.9M | 0.01% |
1,009,822
+31,809
| +3% | +$386K |
|
1841
Prothena Corp
PRTA
$468M
| $12.9M | 0.01% |
213,610
+84,173
| +65% | +$4.93M |
|
1842
Open Text
OTEX
$5.99B
| $12.9M | 0.01% |
434,120
-1,453,596
| -77% | -$41.2M |
|
1843
HUTCHMED
HCM
$2.18B
| $12.9M | 0.01% |
870,022
+508,959
| +141% | +$5.56M |
|
|
AGGR
1844
DELISTED
Agile Growth Corp
AGGR
| $12.8M | 0.01% |
1,269,894
| – | – |
|
1845
Orion
OEC
$389M
| $12.8M | 0.01% |
718,825
-558,833
| -44% | -$9.4M |
|
|
TSVT
1846
DELISTED
2seventy bio
TSVT
| $12.8M | 0.01% |
1,365,391
+598,734
| +78% | +$8.45M |
|
1847
ResMed
RMD
$31.9B
| $12.8M | 0.01% |
61,380
-367,218
| -86% | -$80.7M |
|
1848
Mueller Industries
MLI
$15.2B
| $12.8M | 0.01% |
864,780
+552,552
| +177% | +$8.82M |
|
1849
NNN REIT
NNN
$8.8B
| $12.7M | 0.01% |
278,492
-268,981
| -49% | -$11.7M |
|
1850
Pilgrim's Pride
PPC
$6.31B
| $12.7M | 0.01% |
537,045
+357,300
| +199% | +$8.53M |
|
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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.