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 | |
|---|---|---|---|---|---|---|
2201
Kratos Defense & Security Solutions
KTOS
$11.4B
| $9.3M | 0.01% |
915,761
+865,282
| +1,714% | +$11.6M |
|
2202
DoorDash
DASH
$93.7B
| $9.3M | 0.01% |
+188,105
| New | +$12.6M |
|
2203
Lithia Motors
LAD
$8.26B
| $9.3M | 0.01% |
43,353
+20,797
| +92% | +$5.43M |
|
2204
Titan International
TWI
$475M
| $9.3M | 0.01% |
765,934
-158,773
| -17% | -$2.28M |
|
2205
CALL
GE Aerospace
GE
$384B
| $9.29M | 0.01% |
802,547
+19,583
| +3% | +$861K |
|
2206
Watsco Inc
WSO
$13.6B
| $9.28M | 0.01% |
36,035
-22,664
| -39% | -$6.14M |
|
2207
MaxCyte
MXCT
$126M
| $9.26M | 0.01% |
1,424,335
-930,751
| -40% | -$5.19M |
|
|
DHAI
2208
DELISTED
DIH Holdings US
DHAI
| $9.24M | 0.01% |
36,905
+60
| +0.2% | +$15K |
|
|
SHCA
2209
DELISTED
Spindletop Health Acquisition Corp. Class A Common Stock
SHCA
| $9.23M | 0.01% |
917,003
+193,748
| +27% | +$1.94M |
|
|
ALLK
2210
DELISTED
Allakos
ALLK
| $9.22M | 0.01% |
1,506,787
-382,496
| -20% | -$1.6M |
|
|
DHBC
2211
DELISTED
DHB Capital Corp. Class A common stock
DHBC
| $9.2M | 0.01% |
934,874
+2,952
| +0.3% | +$29K |
|
|
HTPA
2212
DELISTED
Highland Transcend Partners I Corp.
HTPA
| $9.18M | 0.01% |
921,889
-254,317
| -22% | -$2.52M |
|
|
FRON
2213
DELISTED
Frontier Acquisition Corp. Class A Ordinary Shares
FRON
| $9.17M | 0.01% |
924,992
+449,056
| +94% | +$4.43M |
|
2214
Gold Fields
GFI
$36.5B
| $9.13M | 0.01% |
1,128,152
+603,216
| +115% | +$5.19M |
|
2215
Vanguard Total Bond Market
BND
$158B
| $9.12M | 0.01% |
127,916
-43,042
| -25% | -$3.22M |
|
2216
PUT
Scotiabank
BNS
$108B
| $9.11M | 0.01% |
191,600
+500
| +0.3% | +$28.6K |
|
2217
ICICI Bank
IBN
$108B
| $9.11M | 0.01% |
434,333
-109,136
| -20% | -$2.31M |
|
2218
CALL
DaVita
DVA
$11.7B
| $9.11M | 0.01% |
110,000
-215,000
| -66% | -$18.9M |
|
|
MRC
2219
DELISTED
MRC Global
MRC
| $9.1M | 0.01% |
1,264,883
+589,696
| +87% | +$5.81M |
|
2220
VanEck Junior Gold Miners ETF
GDXJ
$8.46B
| $9.08M | 0.01% |
308,076
+38,104
| +14% | +$1.18M |
|
|
HWEL
2221
DELISTED
Healthwell Acquisition Corp. I Class A Common Stock
HWEL
| $9.07M | 0.01% |
930,000
-3,526
| -0.4% | -$34.3K |
|
2222
National Health Investors
NHI
$3.65B
| $9.06M | 0.01% |
160,323
-98,251
| -38% | -$6.19M |
|
|
SJR
2223
PUT
DELISTED
Shaw Communications Inc.
SJR
| $9.06M | 0.01% |
330,700
+254,700
| +335% | +$6.75M |
|
|
BITE
2224
DELISTED
Bite Acquisition Corp.
BITE
| $9.06M | 0.01% |
920,762
+875,689
| +1,943% | +$8.61M |
|
2225
CALL
Hilton Worldwide
HLT
$71.5B
| $9.06M | 0.01% |
75,100
+52,300
| +229% | +$6.61M |
|
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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.