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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.27% |
| 2 | Technology | 12.59% |
| 3 | Healthcare | 10.49% |
| 4 | Industrials | 10.32% |
| 5 | Consumer Discretionary | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2601
Ribbon Communications
RBBN
$383M
| $853K | ﹤0.01% |
+111,496
| New | +$798K |
|
|
LAND
2602
Gladstone Land Corp
LAND
$360M
| $852K | ﹤0.01% |
62,575
+15,149
| +32% | +$193K |
|
2603
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$54.4M
| $852K | ﹤0.01% |
30,548
+2,342
| +8% | +$66.4K |
|
2604
Civeo
CVEO
$318M
| $850K | ﹤0.01% |
24,861
-41,742
| -63% | -$1.07M |
|
2605
A10 Networks
ATEN
$1.95B
| $847K | ﹤0.01% |
112,031
-697,219
| -86% | -$4.75M |
|
2606
Genworth Financial
GNW
$3.71B
| $846K | ﹤0.01% |
+219,625
| New | +$784K |
|
2607
Twilio
TWLO
$36.6B
| $846K | ﹤0.01% |
+28,325
| New | +$849K |
|
2608
ING
ING
$102B
| $845K | ﹤0.01% |
45,871
+13,342
| +41% | +$241K |
|
|
TA
2609
DELISTED
TravelCenters of America LLC
TA
| $844K | ﹤0.01% |
39,728
+35,588
| +860% | +$674K |
|
2610
Pebblebrook Hotel Trust
PEB
$2.05B
| $841K | ﹤0.01% |
23,260
-56,915
| -71% | -$1.89M |
|
2611
Avient
AVNT
$4.19B
| $839K | ﹤0.01% |
20,965
-98,963
| -83% | -$3.69M |
|
|
EBIX
2612
DELISTED
Ebix Inc
EBIX
| $835K | ﹤0.01% |
12,790
-77,067
| -86% | -$4.44M |
|
|
TPC
2613
Tutor Perini Cor
TPC
$5.21B
| $832K | ﹤0.01% |
+29,311
| New | +$788K |
|
|
AFSI
2614
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $832K | ﹤0.01% |
61,796
-121,838
| -66% | -$1.72M |
|
|
GNCMA
2615
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $832K | ﹤0.01% |
20,391
-312,968
| -94% | -$12.8M |
|
|
XIN
2616
DELISTED
Xinyuan Real Estate
XIN
| $829K | ﹤0.01% |
14,603
+5,386
| +58% | +$291K |
|
|
YELL
2617
PUT
DELISTED
Yellow Corporation Common Stock
YELL
| $828K | ﹤0.01% |
+60,000
| New | +$756K |
|
|
BRG
2618
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $822K | ﹤0.01% |
74,290
+28,501
| +62% | +$326K |
|
|
DMTX
2619
DELISTED
Dimension Therapeutics, Inc
DMTX
| $819K | ﹤0.01% |
136,548
-136,151
| -50% | -$353K |
|
2620
CryoPort
CYRX
$762M
| $818K | ﹤0.01% |
+83,000
| New | +$610K |
|
2621
Invesco Dorsey Wright Momentum ETF
PDP
$1.5B
| $817K | ﹤0.01% |
16,805
+5,364
| +47% | +$257K |
|
|
DFRG
2622
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $816K | ﹤0.01% |
56,102
-118,176
| -68% | -$1.71M |
|
|
ESGR
2623
DELISTED
Enstar Group
ESGR
| $814K | ﹤0.01% |
+3,660
| New | +$748K |
|
2624
EXL Service
EXLS
$5.29B
| $810K | ﹤0.01% |
69,455
+49,860
| +254% | +$559K |
|
2625
iShares MSCI Thailand ETF
THD
$372M
| $810K | ﹤0.01% |
+9,368
| New | +$760K |
|
Similar funds
Millennium Management's Q3 2017 Portfolio in Review
As of Q3 2017, Millennium Management held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Millennium Management deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Millennium Management's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Millennium Management added most to Salesforce in Q3 2017, an estimated $208M increase.
- Millennium Management's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Millennium Management fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Millennium Management's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Millennium Management opened 794 new positions and closed 737 in Q3 2017.
- Millennium Management's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.