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 | |
|---|---|---|---|---|---|---|
|
FRON
2176
DELISTED
Frontier Acquisition Corp. Class A Ordinary Shares
FRON
| $9.32M | 0.01% |
924,484
-508
| -0.1% | -$5.08K |
|
2177
Douglas Dynamics
PLOW
$984M
| $9.32M | 0.01% |
257,675
+43,928
| +21% | +$1.55M |
|
2178
FirstCash
FCFS
$9.05B
| $9.31M | 0.01% |
107,090
-102,610
| -49% | -$9.09M |
|
2179
Expro Ltd
XPRO
$2.01B
| $9.31M | 0.01% |
513,359
+274,188
| +115% | +$4.65M |
|
2180
Stem
STEM
$50.9M
| $9.31M | 0.01% |
+52,045
| New | +$12.5M |
|
2181
Bausch Health
BHC
$2.37B
| $9.29M | 0.01% |
+1,480,028
| New | +$10.3M |
|
2182
Perion Network
PERI
$386M
| $9.29M | 0.01% |
367,338
+343,982
| +1,473% | +$8.38M |
|
2183
CALL
Roper Technologies
ROP
$39.9B
| $9.29M | 0.01% |
+21,500
| New | +$8.86M |
|
2184
CALL
iShares Biotechnology ETF
IBB
$9.82B
| $9.27M | 0.01% |
70,600
-14,300
| -17% | -$1.85M |
|
|
GOLD
2185
Gold.com Inc
GOLD
$1.26B
| $9.26M | 0.01% |
266,663
+35,729
| +15% | +$1.13M |
|
2186
Palomar
PLMR
$3.46B
| $9.26M | 0.01% |
+205,040
| New | +$14M |
|
2187
Geron
GERN
$949M
| $9.26M | 0.01% |
3,825,746
+2,526,953
| +195% | +$5.66M |
|
2188
Wave Life Sciences
WVE
$1.19B
| $9.22M | 0.01% |
1,317,628
+760,071
| +136% | +$3.5M |
|
|
CSLM
2189
DELISTED
CSLM Acquisition Corp. Class A Ordinary Share
CSLM
| $9.22M | 0.01% |
910,799
| – | – |
|
|
HWEL
2190
DELISTED
Healthwell Acquisition Corp. I Class A Common Stock
HWEL
| $9.22M | 0.01% |
930,000
| – | – |
|
2191
CALL
Conagra Brands
CAG
$7.07B
| $9.21M | 0.01% |
238,000
+203,700
| +594% | +$7.38M |
|
2192
CALL
Full Truck Alliance
YMM
$10.1B
| $9.2M | 0.01% |
+1,150,000
| New | +$7.89M |
|
|
RVNC
2193
DELISTED
Revance Therapeutics, Inc.
RVNC
| $9.19M | 0.01% |
497,829
+255,146
| +105% | +$5.84M |
|
2194
Bank of N.T. Butterfield & Son
NTB
$2.46B
| $9.18M | 0.01% |
308,011
+67,328
| +28% | +$2.23M |
|
2195
Hanover Insurance
THG
$7.86B
| $9.17M | 0.01% |
67,865
+570
| +0.8% | +$79.5K |
|
2196
CALL
Waste Management
WM
$90.6B
| $9.16M | 0.01% |
58,400
-4,300
| -7% | -$692K |
|
2197
Middlesex Water
MSEX
$1.09B
| $9.16M | 0.01% |
116,382
-22,954
| -16% | -$1.99M |
|
|
WPCA
2198
DELISTED
Warburg Pincus Capital Corporation I-A
WPCA
| $9.15M | 0.01% |
906,000
-423,424
| -32% | -$4.24M |
|
2199
Credit Acceptance
CACC
$6.03B
| $9.14M | 0.01% |
19,261
+10,682
| +125% | +$4.9M |
|
2200
PUT
Hartford Financial Services
HIG
$38.7B
| $9.13M | 0.01% |
120,400
+108,800
| +938% | +$7.83M |
|
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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.