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 | |
|---|---|---|---|---|---|---|
2601
Nuveen California Quality Municipal Income Fund
NAC
$1.83B
| $1.17M | ﹤0.01% |
81,390
+45,455
| +126% | +$664K |
|
2602
Benchmark Electronics
BHE
$2.86B
| $1.16M | ﹤0.01% |
+39,733
| New | +$1.24M |
|
2603
Blackbaud
BLKB
$1.59B
| $1.16M | ﹤0.01% |
+12,234
| New | +$1.18M |
|
|
DSL
2604
DoubleLine Income Solutions Fund
DSL
$1.23B
| $1.16M | ﹤0.01% |
57,267
+47,819
| +506% | +$984K |
|
|
EDN
2605
Edenor
EDN
$1.14B
| $1.16M | ﹤0.01% |
+23,263
| New | +$1.04M |
|
|
DF
2606
PUT
DELISTED
Dean Foods Company
DF
| $1.16M | ﹤0.01% |
+100,000
| New | +$1.06M |
|
2607
HEICO Corp
HEI
$49.9B
| $1.15M | ﹤0.01% |
23,895
+12,698
| +113% | +$592K |
|
|
CBMG
2608
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $1.15M | ﹤0.01% |
102,516
-56,920
| -36% | -$594K |
|
2609
ePlus
PLUS
$2.33B
| $1.15M | ﹤0.01% |
+30,612
| New | +$1.29M |
|
|
STDY
2610
DELISTED
SteadyMed Ltd
STDY
| $1.15M | ﹤0.01% |
310,232
+20,232
| +7% | +$65.4K |
|
2611
Clearway Energy Class C
CWEN
$5B
| $1.14M | ﹤0.01% |
60,466
-681,528
| -92% | -$12.9M |
|
|
DHIL
2612
DELISTED
Diamond Hill
DHIL
| $1.14M | ﹤0.01% |
5,532
+4,194
| +313% | +$883K |
|
2613
iShares Core S&P Total US Stock Market ETF
ITOT
$93.5B
| $1.14M | ﹤0.01% |
18,680
+14,349
| +331% | +$855K |
|
2614
Tompkins Financial
TMP
$1.43B
| $1.14M | ﹤0.01% |
14,037
+7,079
| +102% | +$601K |
|
2615
Murphy USA
MUSA
$11.3B
| $1.14M | ﹤0.01% |
14,147
-1,204
| -8% | -$91K |
|
|
WGL
2616
DELISTED
Wgl Holdings
WGL
| $1.14M | ﹤0.01% |
13,249
-38,665
| -74% | -$3.3M |
|
2617
Precigen
PGEN
$1.93B
| $1.14M | ﹤0.01% |
98,544
-301,956
| -75% | -$4.5M |
|
|
SEAC
2618
DELISTED
Seachange International Inc
SEAC
| $1.14M | ﹤0.01% |
14,440
+13,810
| +2,192% | +$816K |
|
|
PTVCB
2619
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.13M | ﹤0.01% |
47,353
-1,373
| -3% | -$32K |
|
2620
iShares MSCI Spain ETF
EWP
$2.08B
| $1.13M | ﹤0.01% |
34,581
+13,989
| +68% | +$463K |
|
|
KDMN
2621
DELISTED
Kadmon Holdings, Inc.
KDMN
| $1.13M | ﹤0.01% |
313,073
-201,967
| -39% | -$721K |
|
|
NCI
2622
DELISTED
Navigant Consulting, Inc.
NCI
| $1.13M | ﹤0.01% |
58,353
-189,351
| -76% | -$3.44M |
|
|
EARN
2623
Ellington Residential Mortgage REIT
EARN
$165M
| $1.13M | ﹤0.01% |
93,916
+13,807
| +17% | +$184K |
|
2624
Vanguard Small-Cap Value ETF
VBR
$37.3B
| $1.13M | ﹤0.01% |
8,504
+2,967
| +54% | +$386K |
|
2625
Addus HomeCare
ADUS
$2.16B
| $1.13M | ﹤0.01% |
+32,387
| New | +$1.1M |
|
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.