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 | |
|---|---|---|---|---|---|---|
3076
United Natural Foods
UNFI
$3B
| $514K | ﹤0.01% |
10,438
-604,017
| -98% | -$26.4M |
|
|
HQH
3077
abrdn Healthcare Investors
HQH
$1.25B
| $513K | ﹤0.01% |
22,767
+11,718
| +106% | +$274K |
|
|
WRK
3078
DELISTED
WestRock Company
WRK
| $513K | ﹤0.01% |
8,112
-2,330,398
| -100% | -$141M |
|
3079
Oil-Dri
ODC
$1.46B
| $512K | ﹤0.01% |
24,656
+2,314
| +10% | +$50.8K |
|
3080
Schwab US Large-Cap Growth ETF
SCHG
$58.8B
| $510K | ﹤0.01% |
57,688
-11,088
| -16% | -$95.3K |
|
3081
CTS Corp
CTS
$1.69B
| $509K | ﹤0.01% |
+19,774
| New | +$520K |
|
3082
Veritone
VERI
$99.5M
| $509K | ﹤0.01% |
21,944
+3,149
| +17% | +$93.7K |
|
3083
Ichor Holdings
ICHR
$2.76B
| $508K | ﹤0.01% |
+20,662
| New | +$586K |
|
|
IGR
3084
CBRE Global Real Estate Income Fund
IGR
$718M
| $507K | ﹤0.01% |
64,026
+30,626
| +92% | +$240K |
|
3085
Hawaiian Electric Industries
HE
$2.32B
| $505K | ﹤0.01% |
+13,971
| New | +$506K |
|
3086
Knowles
KN
$3.17B
| $503K | ﹤0.01% |
34,282
-62,986
| -65% | -$984K |
|
3087
Medpace
MEDP
$16.6B
| $502K | ﹤0.01% |
13,854
-81,772
| -86% | -$2.87M |
|
|
PTLA
3088
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $501K | ﹤0.01% |
10,301
-433,281
| -98% | -$21.9M |
|
3089
Clarus
CLAR
$127M
| $499K | ﹤0.01% |
63,891
+21,828
| +52% | +$164K |
|
3090
United States Lime & Minerals
USLM
$3.18B
| $497K | ﹤0.01% |
32,235
+18,485
| +134% | +$319K |
|
|
PAK
3091
DELISTED
Global X MSCI Pakistan ETF
PAK
| $495K | ﹤0.01% |
10,000
-2,500
| -20% | -$137K |
|
3092
First Trust Utilities AlphaDEX Fund
FXU
$843M
| $494K | ﹤0.01% |
+18,999
| New | +$515K |
|
3093
Kaiser Aluminum
KALU
$2.67B
| $494K | ﹤0.01% |
4,621
-8,096
| -64% | -$810K |
|
|
ATRI
3094
DELISTED
Atrion Corp
ATRI
| $494K | ﹤0.01% |
784
+384
| +96% | +$251K |
|
|
ONIT
3095
Onity Group
ONIT
$340M
| $492K | ﹤0.01% |
10,469
+7,282
| +228% | +$365K |
|
|
UN
3096
DELISTED
Unilever NV New York Registry Shares
UN
| $492K | ﹤0.01% |
8,742
-11,428
| -57% | -$659K |
|
3097
ESCO Technologies
ESE
$8.39B
| $490K | ﹤0.01% |
+8,129
| New | +$494K |
|
3098
NVIDIA
NVDA
$4.83T
| $490K | ﹤0.01% |
101,240
-6,006,360
| -98% | -$29.8M |
|
|
SBB
3099
DELISTED
SUSSEX BANCORP
SBB
| $489K | ﹤0.01% |
+18,212
| New | +$489K |
|
|
STK
3100
Columbia Seligman Premium Technology Growth Fund
STK
$860M
| $488K | ﹤0.01% |
21,922
+10,213
| +87% | +$235K |
|
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.