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 | |
|---|---|---|---|---|---|---|
2576
Bank of Hawaii
BOH
$3.17B
| $1.22M | ﹤0.01% |
14,251
-153,711
| -92% | -$12.8M |
|
|
CYS
2577
DELISTED
CYS Investments Inc.
CYS
| $1.22M | ﹤0.01% |
151,344
-828,390
| -85% | -$6.85M |
|
2578
Northern Oil and Gas
NOG
$2.21B
| $1.21M | ﹤0.01% |
59,224
-100,364
| -63% | -$1.21M |
|
2579
Mueller Industries
MLI
$14.2B
| $1.21M | ﹤0.01% |
+136,176
| New | +$1.19M |
|
2580
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $1.2M | ﹤0.01% |
43,206
-85,508
| -66% | -$2.28M |
|
|
VRN
2581
DELISTED
Veren
VRN
| $1.2M | ﹤0.01% |
157,258
-127,838
| -45% | -$963K |
|
2582
Whirlpool
WHR
$2.44B
| $1.2M | ﹤0.01% |
7,089
-12,997
| -65% | -$2.2M |
|
|
SCS
2583
DELISTED
Steelcase
SCS
| $1.19M | ﹤0.01% |
78,571
-269,418
| -77% | -$3.96M |
|
2584
Minerva Neurosciences
NERV
$196M
| $1.19M | ﹤0.01% |
24,645
-6,483
| -21% | -$321K |
|
2585
Ziff Davis
ZD
$1.93B
| $1.19M | ﹤0.01% |
18,285
-26,831
| -59% | -$1.75M |
|
|
ALBO
2586
DELISTED
Albireo Pharma Inc
ALBO
| $1.19M | ﹤0.01% |
46,594
+18,425
| +65% | +$467K |
|
|
PCI
2587
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $1.19M | ﹤0.01% |
+53,176
| New | +$1.2M |
|
2588
CALL
Inogen
INGN
$171M
| $1.19M | ﹤0.01% |
10,000
| – | – |
|
2589
BlackLine
BL
$1.8B
| $1.19M | ﹤0.01% |
36,276
-100,354
| -73% | -$3.51M |
|
2590
Invesco Mortgage Capital
IVR
$762M
| $1.19M | ﹤0.01% |
6,673
-73,030
| -92% | -$12.9M |
|
|
PRA
2591
DELISTED
ProAssurance
PRA
| $1.19M | ﹤0.01% |
20,806
-171,581
| -89% | -$10M |
|
2592
GATX Corp
GATX
$6.52B
| $1.19M | ﹤0.01% |
19,109
+5,112
| +37% | +$310K |
|
|
NSU
2593
DELISTED
Nevsun Resources Ltd.
NSU
| $1.19M | ﹤0.01% |
486,104
+58,765
| +14% | +$136K |
|
|
ARAV
2594
DELISTED
Aravive, Inc. Common Stock
ARAV
| $1.18M | ﹤0.01% |
89,485
-38,154
| -30% | -$491K |
|
2595
Genuine Parts
GPC
$17.6B
| $1.18M | ﹤0.01% |
+12,409
| New | +$1.13M |
|
2596
Shinhan Financial Group
SHG
$33.6B
| $1.18M | ﹤0.01% |
+25,402
| New | +$1.14M |
|
|
WPG
2597
DELISTED
Washington Prime Group Inc.
WPG
| $1.18M | ﹤0.01% |
18,385
-70,799
| -79% | -$4.81M |
|
2598
Gladstone Investment Corp
GAIN
$648M
| $1.18M | ﹤0.01% |
105,456
+73,303
| +228% | +$776K |
|
|
KL
2599
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $1.17M | ﹤0.01% |
+76,091
| New | +$1.05M |
|
|
HDV
2600
iShares Core High Dividend ETF
HDV
$14.5B
| $1.17M | ﹤0.01% |
64,785
-32,935
| -34% | -$576K |
|
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.