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 | |
|---|---|---|---|---|---|---|
2001
CALL
Rockwell Automation
ROK
$49B
| $10.8M | 0.01% |
50,000
+47,800
| +2,173% | +$11.1M |
|
|
2002
PUT
Rockwell Automation
ROK
$49B
| $10.8M | 0.01% |
+50,000
| New | +$11.7M |
|
2003
Grindr
GRND
$2.95B
| $10.8M | 0.01% |
1,036,016
-658,174
| -39% | -$6.8M |
|
2004
PG&E
PCG
$38.5B
| $10.7M | 0.01% |
859,650
-8,600,783
| -91% | -$101M |
|
|
ZT
2005
DELISTED
Zimmer Energy Transition Acquisition Corp. Class A Common Stock
ZT
| $10.7M | 0.01% |
1,100,065
-15,410
| -1% | -$150K |
|
|
BNY
2006
CALL
Bank of New York Mellon
BNY
$107B
| $10.7M | 0.01% |
278,700
+257,200
| +1,196% | +$11M |
|
2007
NIO
NIO
$11.9B
| $10.7M | 0.01% |
680,264
-52,365
| -7% | -$1.04M |
|
|
MBSC
2008
DELISTED
M3-Brigade Acquisition III Corp.
MBSC
| $10.7M | 0.01% |
1,063,044
| – | – |
|
2009
PUT
General Mills
GIS
$19.7B
| $10.7M | 0.01% |
139,800
-66,800
| -32% | -$5.09M |
|
2010
Tactile Systems Technology
TCMD
$665M
| $10.7M | 0.01% |
1,372,328
+398,786
| +41% | +$3.32M |
|
|
CPTK
2011
DELISTED
Crown PropTech Acquisitions
CPTK
| $10.7M | 0.01% |
1,076,795
+177,190
| +20% | +$1.75M |
|
2012
MarineMax
HZO
$788M
| $10.7M | 0.01% |
358,192
+47,292
| +15% | +$1.77M |
|
2013
PUT
Macy's
M
$6.68B
| $10.7M | 0.01% |
681,000
+2,300
| +0.3% | +$40.7K |
|
2014
PUT
Carrier Global
CARR
$52.8B
| $10.7M | 0.01% |
+300,000
| New | +$11.8M |
|
|
B
2015
DELISTED
Barnes Group Inc.
B
| $10.7M | 0.01% |
369,147
+202,873
| +122% | +$6.51M |
|
2016
Crescent Energy
CRGY
$3.82B
| $10.7M | 0.01% |
791,283
+585,967
| +285% | +$8.58M |
|
|
BLEU
2017
DELISTED
bleuacacia ltd Class A Ordinary Shares
BLEU
| $10.7M | 0.01% |
1,081,000
+111,063
| +11% | +$1.09M |
|
2018
Amplitude
AMPL
$1.41B
| $10.7M | 0.01% |
688,433
+324,348
| +89% | +$5.2M |
|
|
KVSA
2019
DELISTED
Khosla Ventures Acquisition Co. Class A Common Stock
KVSA
| $10.6M | 0.01% |
1,086,672
+55,986
| +5% | +$549K |
|
|
SCUA
2020
DELISTED
Sculptor Acquisition Corp I
SCUA
| $10.6M | 0.01% |
1,054,702
+142,647
| +16% | +$1.42M |
|
|
MRUS
2021
DELISTED
Merus
MRUS
| $10.6M | 0.01% |
529,303
-317,754
| -38% | -$7.58M |
|
2022
Encore Capital Group
ECPG
$2.13B
| $10.6M | 0.01% |
232,784
+202,038
| +657% | +$11.6M |
|
2023
PUT
FMC
FMC
$1.33B
| $10.6M | 0.01% |
+100,000
| New | +$10.8M |
|
2024
Academy Sports + Outdoors
ASO
$2.98B
| $10.5M | 0.01% |
+249,974
| New | +$11M |
|
2025
Moody's
MCO
$82.7B
| $10.5M | 0.01% |
43,336
+39,724
| +1,100% | +$11.5M |
|
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.