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 | |
|---|---|---|---|---|---|---|
|
AFAQ
2026
DELISTED
AF Acquisition Corp
AFAQ
| $10.5M | 0.01% |
1,074,795
+98,436
| +10% | +$965K |
|
2027
Thryv Holdings
THRY
$108M
| $10.5M | 0.01% |
459,568
+142,998
| +45% | +$3.56M |
|
2028
PUT
Autodesk
ADSK
$52.6B
| $10.5M | 0.01% |
56,100
-175,000
| -76% | -$35.4M |
|
|
TWOA
2029
DELISTED
two
TWOA
| $10.5M | 0.01% |
1,059,201
-4,034
| -0.4% | -$39.7K |
|
2030
Macy's
M
$6.68B
| $10.5M | 0.01% |
667,861
-3,630,555
| -84% | -$64.3M |
|
|
JHG
2031
DELISTED
Janus Henderson
JHG
| $10.5M | 0.01% |
514,801
-135,498
| -21% | -$3.28M |
|
2032
Teladoc Health
TDOC
$1.3B
| $10.5M | 0.01% |
412,422
-270,559
| -40% | -$9.49M |
|
2033
Diageo
DEO
$53.6B
| $10.4M | 0.01% |
61,464
-65,931
| -52% | -$11.8M |
|
2034
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.5B
| $10.4M | 0.01% |
208,500
-196,500
| -49% | -$11.2M |
|
2035
CALL
Bio-Rad Laboratories Class A
BIO
$9.42B
| $10.4M | 0.01% |
+25,000
| New | +$12.5M |
|
|
BLUE
2036
DELISTED
bluebird bio
BLUE
| $10.4M | 0.01% |
82,367
-42,074
| -34% | -$4.76M |
|
2037
Brink's
BCO
$4.62B
| $10.4M | 0.01% |
215,225
+149,872
| +229% | +$8.35M |
|
|
CTLT
2038
CALL
DELISTED
CATALENT, INC.
CTLT
| $10.4M | 0.01% |
144,000
+130,000
| +929% | +$12.9M |
|
|
ACRO
2039
DELISTED
Acropolis Infrastructure Acquisition Corp
ACRO
| $10.4M | 0.01% |
1,072,176
| – | – |
|
2040
Simon Property Group
SPG
$72.3B
| $10.4M | 0.01% |
115,887
-482,010
| -81% | -$49.3M |
|
|
SNV
2041
DELISTED
Synovus
SNV
| $10.4M | 0.01% |
277,183
-194,330
| -41% | -$7.71M |
|
|
MNTV
2042
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $10.4M | 0.01% |
1,788,085
+753,583
| +73% | +$5.85M |
|
2043
JFrog
FROG
$10.8B
| $10.4M | 0.01% |
469,806
-42,239
| -8% | -$941K |
|
|
EQHA
2044
DELISTED
EQ Health Acquisition Corp.
EQHA
| $10.4M | 0.01% |
1,051,024
+185,674
| +21% | +$1.83M |
|
|
TGAA
2045
DELISTED
Target Global Acquisition I Corp. Class A Ordinary Share
TGAA
| $10.3M | 0.01% |
1,031,503
+107,200
| +12% | +$1.07M |
|
2046
Northrop Grumman
NOC
$81.2B
| $10.3M | 0.01% |
21,959
-94,291
| -81% | -$44.9M |
|
|
PRPC
2047
DELISTED
CC Neuberger Principal Holdings III
PRPC
| $10.3M | 0.01% |
1,039,555
+450,964
| +77% | +$4.46M |
|
2048
Lightspeed Commerce
LSPD
$1.35B
| $10.3M | 0.01% |
586,207
-447,781
| -43% | -$8.94M |
|
2049
Utz Brands
UTZ
$1.25B
| $10.3M | 0.01% |
682,527
+429,627
| +170% | +$6.96M |
|
2050
CALL
Church & Dwight Co
CHD
$24.5B
| $10.3M | 0.01% |
144,200
+125,800
| +684% | +$10.9M |
|
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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.