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 | |
|---|---|---|---|---|---|---|
2651
Distribution Solutions Group
DSGR
$1.61B
| $755K | ﹤0.01% |
+59,926
| New | +$687K |
|
2652
PUT
RTX Corp
RTX
$301B
| $755K | ﹤0.01% |
+10,329
| New | +$764K |
|
2653
Donegal Group Class A
DGICA
$714M
| $753K | ﹤0.01% |
46,663
-39,812
| -46% | -$612K |
|
2654
CALL
Semtech
SMTC
$13B
| $751K | ﹤0.01% |
20,000
| – | – |
|
2655
Ardelyx
ARDX
$988M
| $750K | ﹤0.01% |
134,009
-536,608
| -80% | -$2.83M |
|
|
SRDX
2656
CALL
DELISTED
Surmodics
SRDX
| $750K | ﹤0.01% |
+24,200
| New | +$658K |
|
|
HRC
2657
CALL
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $740K | ﹤0.01% |
+10,000
| New | +$770K |
|
|
HRC
2658
PUT
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $740K | ﹤0.01% |
+10,000
| New | +$770K |
|
2659
PhenixFIN
PFX
$90M
| $736K | ﹤0.01% |
+6,165
| New | +$764K |
|
2660
Regional Management Corp
RM
$303M
| $736K | ﹤0.01% |
30,408
-81,253
| -73% | -$1.89M |
|
2661
QuinStreet
QNST
$1.21B
| $734K | ﹤0.01% |
+99,895
| New | +$484K |
|
2662
Southern Copper
SCCO
$166B
| $732K | ﹤0.01% |
+19,849
| New | +$718K |
|
2663
Astec Industries
ASTE
$1.02B
| $731K | ﹤0.01% |
13,057
-265,851
| -95% | -$13.5M |
|
2664
State Street DoubleLine Total Return Tactical ETF
TOTL
$4.03B
| $731K | ﹤0.01% |
14,840
+8,995
| +154% | +$444K |
|
|
DWCH
2665
DELISTED
Datawatch Corp
DWCH
| $730K | ﹤0.01% |
63,239
-94,257
| -60% | -$969K |
|
2666
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.47B
| $728K | ﹤0.01% |
6,821
+3,075
| +82% | +$328K |
|
|
PAK
2667
DELISTED
Global X MSCI Pakistan ETF
PAK
| $726K | ﹤0.01% |
12,500
| – | – |
|
|
HOME
2668
DELISTED
At Home Group Inc.
HOME
| $725K | ﹤0.01% |
31,736
+6,723
| +27% | +$155K |
|
2669
Invesco Next Gen Media and Gaming ETF
GGME
$46.3M
| $724K | ﹤0.01% |
+26,017
| New | +$726K |
|
2670
Information Services Group
III
$248M
| $724K | ﹤0.01% |
179,988
-34,250
| -16% | -$132K |
|
|
SSI
2671
DELISTED
Stage Stores Inc
SSI
| $722K | ﹤0.01% |
392,245
-155,389
| -28% | -$287K |
|
2672
Ameresco
AMRC
$1.36B
| $721K | ﹤0.01% |
92,380
+4,632
| +5% | +$32.8K |
|
|
NOVN
2673
DELISTED
Novan, Inc. Common Stock
NOVN
| $721K | ﹤0.01% |
12,856
+4,694
| +58% | +$223K |
|
2674
Nuveen Credit Strategies Income Fund
JQC
$711M
| $720K | ﹤0.01% |
84,815
+6,375
| +8% | +$54.2K |
|
2675
First Trust Senior Loan Fund ETF
FTSL
$2.33B
| $712K | ﹤0.01% |
14,780
+9,163
| +163% | +$444K |
|
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.