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 | |
|---|---|---|---|---|---|---|
2701
iShares S&P 500 Growth ETF
IVW
$77.6B
| $668K | ﹤0.01% |
18,620
-109,340
| -85% | -$3.85M |
|
|
BBBY
2702
DELISTED
Bed Bath & Beyond Inc
BBBY
| $668K | ﹤0.01% |
28,456
+13,035
| +85% | +$365K |
|
2703
Arrow Financial
AROW
$652M
| $667K | ﹤0.01% |
23,197
+3,684
| +19% | +$97.2K |
|
2704
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
| $667K | ﹤0.01% |
29,435
+4,482
| +18% | +$103K |
|
2705
Ennis
EBF
$564M
| $667K | ﹤0.01% |
33,966
-46,719
| -58% | -$893K |
|
2706
United Fire Group
UFCS
$1.4B
| $667K | ﹤0.01% |
14,550
-55,487
| -79% | -$2.4M |
|
|
IDTI
2707
CALL
DELISTED
Integrated Device Technology I
IDTI
| $665K | ﹤0.01% |
+25,000
| New | +$635K |
|
|
SEI
2708
Solaris Energy Infrastructure
SEI
$3.55B
| $664K | ﹤0.01% |
+38,074
| New | +$524K |
|
2709
Luxfer Holdings
LXFR
$458M
| $663K | ﹤0.01% |
53,215
+41,090
| +339% | +$512K |
|
|
NCOM
2710
DELISTED
National Commerce Corporation
NCOM
| $663K | ﹤0.01% |
+15,488
| New | +$620K |
|
|
VISN
2711
Vistance Networks Inc
VISN
$2.52B
| $660K | ﹤0.01% |
19,865
-1,671,522
| -99% | -$57.1M |
|
|
BGC
2712
PUT
DELISTED
General Cable Corporation
BGC
| $660K | ﹤0.01% |
+35,000
| New | +$627K |
|
2713
West Pharmaceutical
WST
$24.9B
| $659K | ﹤0.01% |
6,846
-723,479
| -99% | -$65.5M |
|
2714
AppFolio
APPF
$7.04B
| $657K | ﹤0.01% |
13,711
+619
| +5% | +$24.3K |
|
|
IBTX
2715
DELISTED
Independent Bank Group, Inc.
IBTX
| $654K | ﹤0.01% |
10,854
-102,383
| -90% | -$5.96M |
|
2716
BlackRock Corporate High Yield Fund
HYT
$1.37B
| $653K | ﹤0.01% |
57,827
+21,545
| +59% | +$240K |
|
2717
Calamos Strategic Total Return Fund
CSQ
$3.35B
| $652K | ﹤0.01% |
53,736
+32,942
| +158% | +$391K |
|
|
CCRN
2718
DELISTED
Cross Country Healthcare
CCRN
| $651K | ﹤0.01% |
45,740
-179,924
| -80% | -$2.25M |
|
|
PINC
2719
PUT
DELISTED
Premier
PINC
| $651K | ﹤0.01% |
+20,000
| New | +$679K |
|
|
AXE
2720
DELISTED
Anixter International Inc
AXE
| $651K | ﹤0.01% |
7,655
-4,321
| -36% | -$332K |
|
|
JUNO
2721
DELISTED
Juno Therapeutics, Inc.
JUNO
| $651K | ﹤0.01% |
14,510
-414,458
| -97% | -$14.1M |
|
|
UFAB
2722
DELISTED
Unique Fabricating, Inc.
UFAB
| $648K | ﹤0.01% |
76,630
-1,271
| -2% | -$10.3K |
|
2723
Vericel Corp
VCEL
$2.31B
| $644K | ﹤0.01% |
+107,302
| New | +$412K |
|
2724
Fortress Biotech
FBIO
$88.7M
| $643K | ﹤0.01% |
9,693
+8,966
| +1,233% | +$604K |
|
2725
First Financial Bankshares
FFIN
$4.97B
| $640K | ﹤0.01% |
+28,336
| New | +$593K |
|
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.