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 | |
|---|---|---|---|---|---|---|
2801
Pebblebrook Hotel Trust
PEB
$2.19B
| $829K | ﹤0.01% |
22,294
-966
| -4% | -$35.7K |
|
2802
PUT
RTX Corp
RTX
$294B
| $829K | ﹤0.01% |
10,329
| – | – |
|
|
DWCH
2803
DELISTED
Datawatch Corp
DWCH
| $828K | ﹤0.01% |
87,192
+23,953
| +38% | +$249K |
|
2804
United Fire Group
UFCS
$1.32B
| $827K | ﹤0.01% |
18,154
+3,604
| +25% | +$169K |
|
|
FTR
2805
DELISTED
Frontier Communications Corp.
FTR
| $827K | ﹤0.01% |
122,293
+82,613
| +208% | +$771K |
|
|
CVON
2806
DELISTED
ConvergeOne Holdings, Inc. Class A Common Stock
CVON
| $826K | ﹤0.01% |
82,748
-19,578
| -19% | -$192K |
|
|
JMF
2807
DELISTED
NUVEEN ENERGY MLP TOTAL RETURN FUND
JMF
| $825K | ﹤0.01% |
72,399
+54,909
| +314% | +$604K |
|
|
RPT
2808
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $824K | ﹤0.01% |
+55,963
| New | +$774K |
|
|
KYNB
2809
Kyntra Bio
KYNB
$28.5M
| $823K | ﹤0.01% |
+694
| New | +$870K |
|
2810
Tejon Ranch
TRC
$476M
| $823K | ﹤0.01% |
+39,659
| New | +$818K |
|
|
TNAV
2811
DELISTED
Telenav Inc.
TNAV
| $823K | ﹤0.01% |
149,613
+111,141
| +289% | +$620K |
|
|
MN
2812
DELISTED
MANNING & NAPIER, INC.
MN
| $822K | ﹤0.01% |
228,457
-49,042
| -18% | -$184K |
|
|
SITO
2813
DELISTED
SITO MOBILE, LTD
SITO
| $818K | ﹤0.01% |
+121,775
| New | +$857K |
|
2814
Nelnet
NNI
$4.81B
| $817K | ﹤0.01% |
14,907
+7,126
| +92% | +$385K |
|
|
GSUM
2815
DELISTED
Gridsum Holding Inc.
GSUM
| $817K | ﹤0.01% |
+89,309
| New | +$794K |
|
2816
Kadant
KAI
$3.69B
| $815K | ﹤0.01% |
8,116
-26,760
| -77% | -$2.72M |
|
2817
Vistra
VST
$53B
| $813K | ﹤0.01% |
44,393
-146,558
| -77% | -$2.75M |
|
|
AVEO
2818
CALL
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $810K | ﹤0.01% |
29,050
+10
| +0% | +$310 |
|
2819
PUT
Medtronic
MDT
$108B
| $808K | ﹤0.01% |
10,000
-240,000
| -96% | -$19.2M |
|
|
IO
2820
DELISTED
ION Geophysical Corporation
IO
| $808K | ﹤0.01% |
+40,894
| New | +$512K |
|
2821
Moog Inc Class A
MOG.A
$13.2B
| $806K | ﹤0.01% |
+9,283
| New | +$796K |
|
2822
United Microelectronic
UMC
$47.9B
| $802K | ﹤0.01% |
+335,642
| New | +$856K |
|
|
UNT
2823
DELISTED
UNIT Corporation
UNT
| $801K | ﹤0.01% |
36,403
+6,180
| +20% | +$125K |
|
|
CPN
2824
DELISTED
Calpine Corporation
CPN
| $801K | ﹤0.01% |
52,914
+40,093
| +313% | +$601K |
|
|
ZNGA
2825
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $800K | ﹤0.01% |
200,000
| – | – |
|
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.