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 | |
|---|---|---|---|---|---|---|
|
CNCE
2251
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $8.84M | 0.01% |
1,319,508
+76,932
| +6% | +$466K |
|
2252
NRG Energy
NRG
$24.8B
| $8.84M | 0.01% |
230,981
-961,626
| -81% | -$38.3M |
|
2253
BlackLine
BL
$1.72B
| $8.83M | 0.01% |
147,471
-31,892
| -18% | -$2.14M |
|
2254
PUT
Steris
STE
$23.1B
| $8.83M | 0.01% |
+53,100
| New | +$10.8M |
|
2255
Kohl's
KSS
$2.19B
| $8.83M | 0.01% |
351,014
+267,310
| +319% | +$7.8M |
|
2256
Sterling Infrastructure
STRL
$16.7B
| $8.83M | 0.01% |
411,095
+395,106
| +2,471% | +$9.49M |
|
|
BSAQ
2257
DELISTED
Black Spade Acquisition Co
BSAQ
| $8.83M | 0.01% |
901,500
| – | – |
|
|
CALY
2258
Callaway Golf Company
CALY
$3.14B
| $8.82M | 0.01% |
457,825
-1,100,018
| -71% | -$24.3M |
|
|
KCGI
2259
DELISTED
Kensington Capital Acquisition Corp. V
KCGI
| $8.81M | 0.01% |
883,672
-500
| -0.1% | -$4.97K |
|
|
IMGN
2260
DELISTED
Immunogen Inc
IMGN
| $8.8M | 0.01% |
1,840,837
-3,216,212
| -64% | -$17M |
|
2261
Lockheed Martin
LMT
$136B
| $8.8M | 0.01% |
22,774
-186,325
| -89% | -$77.8M |
|
|
EPWR
2262
DELISTED
Empowerment & Inclusion Capital I Corp.
EPWR
| $8.79M | 0.01% |
890,067
-2,501
| -0.3% | -$24.7K |
|
2263
PUT
Howmet Aerospace
HWM
$112B
| $8.79M | 0.01% |
284,300
| – | – |
|
2264
Capri Holdings
CPRI
$1.74B
| $8.79M | 0.01% |
228,704
-38,978
| -15% | -$1.82M |
|
2265
Yext
YEXT
$574M
| $8.78M | 0.01% |
1,968,392
-1,458,729
| -43% | -$6.77M |
|
|
PARA
2266
PUT
DELISTED
Paramount Global Class B
PARA
| $8.75M | 0.01% |
459,400
-166,500
| -27% | -$4M |
|
|
ALOR
2267
DELISTED
ALSP Orchid Acquisition Corp I
ALOR
| $8.74M | 0.01% |
871,920
+18,990
| +2% | +$191K |
|
|
TEKK
2268
DELISTED
Tekkorp Digital Acquisition Corp. Class A Ordinary Shares
TEKK
| $8.74M | 0.01% |
873,110
-3,999
| -0.5% | -$39.8K |
|
2269
Credicorp
BAP
$30.7B
| $8.74M | 0.01% |
71,157
-56,538
| -44% | -$7.25M |
|
2270
FTI Consulting
FCN
$4.18B
| $8.72M | 0.01% |
52,654
-3,724
| -7% | -$626K |
|
2271
Phibro Animal Health
PAHC
$1.39B
| $8.72M | 0.01% |
656,286
+623,858
| +1,924% | +$10.8M |
|
2272
Riot Platforms
RIOT
$7.76B
| $8.7M | 0.01% |
1,240,736
+1,102,920
| +800% | +$7.76M |
|
2273
CareDx
CDNA
$2.42B
| $8.7M | 0.01% |
510,869
+10,000
| +2% | +$215K |
|
2274
PUT
eBay
EBAY
$49.8B
| $8.69M | 0.01% |
236,100
+42,500
| +22% | +$1.89M |
|
|
HIBB
2275
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $8.66M | 0.01% |
173,854
+132,117
| +317% | +$6.94M |
|
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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.