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 | |
|---|---|---|---|---|---|---|
2401
CALL
Nutanix
NTNX
$16.9B
| $7.84M | ﹤0.01% |
376,500
-216,500
| -37% | -$3.95M |
|
2402
Global Ship Lease
GSL
$1.53B
| $7.84M | ﹤0.01% |
496,883
-824,940
| -62% | -$14.7M |
|
2403
Turning Point Brands
TPB
$1.74B
| $7.83M | ﹤0.01% |
368,871
+39,101
| +12% | +$969K |
|
|
SIX
2404
DELISTED
Six Flags Entertainment Corp.
SIX
| $7.83M | ﹤0.01% |
442,417
-75,893
| -15% | -$1.71M |
|
2405
Oscar Health
OSCR
$8.61B
| $7.83M | ﹤0.01% |
1,568,805
-634,824
| -29% | -$3.71M |
|
2406
VanEck Gold Miners ETF
GDX
$27.4B
| $7.83M | ﹤0.01% |
324,477
-229,922
| -41% | -$5.81M |
|
2407
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $7.81M | ﹤0.01% |
240,683
-59,538
| -20% | -$1.98M |
|
|
DALS
2408
DELISTED
DA32 Life Science Tech Acquisition Corp. Class A Common Stock
DALS
| $7.8M | ﹤0.01% |
801,600
-76,028
| -9% | -$739K |
|
|
HORI
2409
DELISTED
Emerging Markets Horizon Corp. Class A Ordinary Shares
HORI
| $7.8M | ﹤0.01% |
780,000
| – | – |
|
2410
CALL
Becton Dickinson
BDX
$48.2B
| $7.8M | ﹤0.01% |
+38,600
| New | +$9.61M |
|
2411
Blackstone Mortgage Trust
BXMT
$2.38B
| $7.79M | ﹤0.01% |
+333,911
| New | +$9.67M |
|
2412
Genpact
G
$5.76B
| $7.79M | ﹤0.01% |
177,959
-230,630
| -56% | -$10.6M |
|
|
OHPA
2413
DELISTED
Orion Acquisition Corp. Class A common stock
OHPA
| $7.78M | ﹤0.01% |
790,189
+93,285
| +13% | +$917K |
|
2414
DraftKings
DKNG
$11.9B
| $7.77M | ﹤0.01% |
513,291
-1,741,234
| -77% | -$27.7M |
|
|
EHAB
2415
DELISTED
Enhabit
EHAB
| $7.77M | ﹤0.01% |
553,467
+543,467
| +5,435% | +$8.81M |
|
|
LOCC
2416
DELISTED
Live Oak Crestview Climate Acquisition Corp.
LOCC
| $7.76M | ﹤0.01% |
800,000
| – | – |
|
|
HI
2417
DELISTED
Hillenbrand
HI
| $7.76M | ﹤0.01% |
211,287
+170,223
| +415% | +$7.16M |
|
2418
Magnachip Semiconductor
MX
$145M
| $7.75M | ﹤0.01% |
757,171
-261,903
| -26% | -$3.44M |
|
|
HA
2419
DELISTED
Hawaiian Holdings, Inc.
HA
| $7.74M | ﹤0.01% |
588,856
-74,902
| -11% | -$1.14M |
|
2420
RenaissanceRe
RNR
$13.4B
| $7.73M | ﹤0.01% |
55,051
-40,045
| -42% | -$5.56M |
|
2421
Acushnet Holdings
GOLF
$5.45B
| $7.71M | ﹤0.01% |
177,395
+2,689
| +2% | +$129K |
|
|
NXRT
2422
NexPoint Residential Trust
NXRT
$652M
| $7.71M | ﹤0.01% |
166,892
+29,034
| +21% | +$1.67M |
|
2423
CALL
ServiceNow
NOW
$129B
| $7.7M | ﹤0.01% |
102,000
-69,500
| -41% | -$6.26M |
|
2424
PUT
Amphenol
APH
$209B
| $7.69M | ﹤0.01% |
+229,600
| New | +$8.34M |
|
2425
Wabash National
WNC
$527M
| $7.68M | ﹤0.01% |
493,642
+239,753
| +94% | +$3.91M |
|
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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.