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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 2 |
Abbott
ABT
|
+$259M |
| 3 |
AutoZone
AZO
|
+$204M |
| 4 |
AABA
Altaba Inc
AABA
|
+$186M |
| 5 |
D.R. Horton
DHI
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$215M |
| 2 |
Public Service Enterprise Group
PEG
|
+$211M |
| 3 |
Applied Materials
AMAT
|
+$203M |
| 4 |
Intuitive Surgical
ISRG
|
+$194M |
| 5 |
ConocoPhillips
COP
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.87% |
| 2 | Technology | 11.53% |
| 3 | Consumer Discretionary | 11.36% |
| 4 | Healthcare | 11.05% |
| 5 | Industrials | 10.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Cimpress
CMPR
$2.41B
| $1.38M | ﹤0.01% |
+11,513
| New | +$1.32M |
|
|
JCP
2502
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.38M | ﹤0.01% |
436,302
-1,652,259
| -79% | -$5.32M |
|
2503
Ribbon Communications
RBBN
$358M
| $1.38M | ﹤0.01% |
177,929
+66,433
| +60% | +$510K |
|
|
TVRD
2504
Tvardi Therapeutics
TVRD
$23.3M
| $1.37M | ﹤0.01% |
3,117
+2,579
| +479% | +$1.18M |
|
2505
UBS Group
UBS
$171B
| $1.37M | ﹤0.01% |
74,659
-1,565,676
| -95% | -$27.2M |
|
2506
Park-Ohio Holdings
PKOH
$564M
| $1.37M | ﹤0.01% |
+29,837
| New | +$1.34M |
|
|
DFRG
2507
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $1.37M | ﹤0.01% |
89,819
+33,717
| +60% | +$479K |
|
|
JBGS
2508
JBG SMITH
JBGS
$845M
| $1.37M | ﹤0.01% |
39,392
-31,163
| -44% | -$1.03M |
|
2509
Planet Fitness
PLNT
$4.41B
| $1.37M | ﹤0.01% |
39,495
-135,386
| -77% | -$4.01M |
|
2510
iShares Russell Mid-Cap Value ETF
IWS
$15.8B
| $1.37M | ﹤0.01% |
+15,337
| New | +$1.33M |
|
|
BAND
2511
Bandwidth Inc
BAND
$1.63B
| $1.37M | ﹤0.01% |
+59,067
| New | +$1.27M |
|
2512
Hanover Insurance
THG
$7.82B
| $1.36M | ﹤0.01% |
12,631
-124,814
| -91% | -$12.9M |
|
|
SMI
2513
DELISTED
Semiconductor Manufacturing Intl
SMI
| $1.36M | ﹤0.01% |
+158,889
| New | +$1.14M |
|
2514
LSI Industries
LYTS
$864M
| $1.36M | ﹤0.01% |
197,339
+105,103
| +114% | +$710K |
|
2515
Johnson Controls International
JCI
$85.3B
| $1.35M | ﹤0.01% |
35,551
-230,025
| -87% | -$8.99M |
|
|
EXK
2516
Endeavour Silver
EXK
$2.27B
| $1.35M | ﹤0.01% |
+565,348
| New | +$1.28M |
|
|
AEGN
2517
DELISTED
Aegion Corp
AEGN
| $1.35M | ﹤0.01% |
53,026
+33,403
| +170% | +$839K |
|
2518
National Healthcare
NHC
$3.59B
| $1.34M | ﹤0.01% |
22,063
+9,428
| +75% | +$602K |
|
2519
iShares Russell 3000 ETF
IWV
$19.5B
| $1.34M | ﹤0.01% |
+8,472
| New | +$1.31M |
|
2520
WEC Energy
WEC
$37.4B
| $1.34M | ﹤0.01% |
20,132
-82,695
| -80% | -$5.55M |
|
|
RESI
2521
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.33M | ﹤0.01% |
112,539
-138,242
| -55% | -$1.53M |
|
2522
Southside Bancshares
SBSI
$974M
| $1.33M | ﹤0.01% |
+39,579
| New | +$1.4M |
|
2523
Riverview Bancorp
RVSB
$108M
| $1.33M | ﹤0.01% |
153,508
-5,836
| -4% | -$51.8K |
|
|
TSE
2524
PUT
DELISTED
Trinseo
TSE
| $1.33M | ﹤0.01% |
+18,300
| New | +$1.3M |
|
2525
Dentsply Sirona
XRAY
$2.68B
| $1.33M | ﹤0.01% |
20,170
-659,810
| -97% | -$42M |
|
Similar funds
Millennium Management's Q4 2017 Portfolio in Review
As of Q4 2017, Millennium Management held 4,357 positions worth $72.5B, up 10% from $65.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management deployed $3.05B of net new capital in Q4 2017, opening 897 new positions and adding to 1,473 existing holdings. Its largest new stake was Viatris: 2,905,317 shares worth $123M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 13% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $215M trimmed.
- Millennium Management's largest Q4 2017 buy was Viatris: 2,905,317 shares worth $123M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $593M increase.
- Millennium Management's biggest Q4 2017 reduction was Honeywell, cutting an estimated $215M.
- Millennium Management fully exited Paychex in Q4 2017, selling an estimated $66.4M.
- Millennium Management's ten largest holdings make up 6.7% of its $72.5B portfolio in Q4 2017.
- Millennium Management opened 897 new positions and closed 601 in Q4 2017.
- Millennium Management's portfolio value rose 10% quarter-over-quarter to $72.5B.
Based on Millennium Management's 13F filing for Q4 2017, filed 14 Feb 2018.