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
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.62% |
| 3 | Healthcare | 7.1% |
| 4 | Industrials | 5.08% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2301
Radware
RDWR
$1.19B
| $7.71M | ﹤0.01% |
355,994
-221,332
| -38% | -$5.79M |
|
2302
FLEX LNG
FLNG
$1.67B
| $7.71M | ﹤0.01% |
281,548
+193,733
| +221% | +$5.42M |
|
2303
BGC Group
BGC
$4.89B
| $7.7M | ﹤0.01% |
2,286,003
-2,309,537
| -50% | -$8.05M |
|
2304
MacroGenics
MGNX
$257M
| $7.7M | ﹤0.01% |
2,609,562
+1,091,427
| +72% | +$5.74M |
|
|
LOCC
2305
DELISTED
Live Oak Crestview Climate Acquisition Corp.
LOCC
| $7.69M | ﹤0.01% |
800,000
| – | – |
|
|
APLS
2306
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $7.69M | ﹤0.01% |
170,000
+150,000
| +750% | +$6.84M |
|
2307
Central Pacific Financial
CPF
$1B
| $7.68M | ﹤0.01% |
358,180
+204,284
| +133% | +$4.95M |
|
2308
dLocal
DLO
$4.24B
| $7.67M | ﹤0.01% |
292,338
+238,169
| +440% | +$6.1M |
|
2309
PUT
Henry Schein
HSIC
$9.82B
| $7.67M | ﹤0.01% |
100,000
+25,000
| +33% | +$2.1M |
|
|
EMBJ
2310
Embraer S.A. ADS
EMBJ
$13B
| $7.66M | ﹤0.01% |
871,921
-1,103,010
| -56% | -$11.8M |
|
2311
PUT
Intercontinental Exchange
ICE
$84.4B
| $7.66M | ﹤0.01% |
81,400
-17,000
| -17% | -$1.82M |
|
2312
Grupo Aeroportuario Centro Norte
OMAB
$5.33B
| $7.66M | ﹤0.01% |
149,461
+61,611
| +70% | +$3.51M |
|
|
ACDI
2313
DELISTED
Ascendant Digital Acquisition Corp. III
ACDI
| $7.65M | ﹤0.01% |
+764,100
| New | +$7.65M |
|
2314
Albany International
AIN
$1.78B
| $7.64M | ﹤0.01% |
96,913
+93,093
| +2,437% | +$7.58M |
|
2315
Steel Dynamics
STLD
$37.6B
| $7.63M | ﹤0.01% |
115,355
-392,570
| -77% | -$31.4M |
|
2316
Outfront Media
OUT
$5.5B
| $7.63M | ﹤0.01% |
457,070
-895,250
| -66% | -$19.5M |
|
2317
Appian
APPN
$2.48B
| $7.61M | ﹤0.01% |
160,697
-157,247
| -49% | -$7.9M |
|
|
ISAA
2318
DELISTED
Iron Spark I Inc. Class A Common Stock
ISAA
| $7.61M | ﹤0.01% |
769,994
+209,074
| +37% | +$2.08M |
|
2319
Transmedics
TMDX
$2.91B
| $7.59M | ﹤0.01% |
+241,310
| New | +$6.43M |
|
2320
iShares MSCI Italy ETF
EWI
$1.08B
| $7.58M | ﹤0.01% |
315,000
+203,885
| +183% | +$5.58M |
|
2321
Plug Power
PLUG
$3.04B
| $7.56M | ﹤0.01% |
456,339
+120,783
| +36% | +$2.4M |
|
|
OPA
2322
DELISTED
Magnum Opus Acquisition Limited
OPA
| $7.55M | ﹤0.01% |
771,671
-10,568
| -1% | -$104K |
|
|
RTLR
2323
DELISTED
Rattler Midstream LP Common Units
RTLR
| $7.55M | ﹤0.01% |
553,431
+483,414
| +690% | +$7.13M |
|
2324
Preferred Bank
PFBC
$1.25B
| $7.54M | ﹤0.01% |
110,871
-63,724
| -36% | -$4.36M |
|
2325
Horace Mann Educators
HMN
$2.11B
| $7.53M | ﹤0.01% |
196,237
-118,294
| -38% | -$4.61M |
|
Similar funds
Millennium Management's Q2 2022 Portfolio in Review
As of Q2 2022, Millennium Management held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Millennium Management's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Millennium Management added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Millennium Management's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Millennium Management fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Millennium Management's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Millennium Management opened 1,144 new positions and closed 1,065 in Q2 2022.
- Millennium Management's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.