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 | |
|---|---|---|---|---|---|---|
3126
Prologis
PLD
$138B
| $463K | ﹤0.01% |
+7,183
| New | +$469K |
|
3127
Monro
MNRO
$525M
| $462K | ﹤0.01% |
+8,106
| New | +$422K |
|
|
SCPH
3128
DELISTED
scPharmaceuticals
SCPH
| $462K | ﹤0.01% |
+38,182
| New | +$539K |
|
3129
Alamo Group
ALG
$2.01B
| $460K | ﹤0.01% |
+4,074
| New | +$455K |
|
3130
Lipocine
LPCN
$17.1M
| $460K | ﹤0.01% |
7,872
-3,497
| -31% | -$217K |
|
3131
Shenandoah Telecom
SHEN
$632M
| $459K | ﹤0.01% |
+13,590
| New | +$500K |
|
3132
Wabash National
WNC
$543M
| $459K | ﹤0.01% |
21,168
-36,159
| -63% | -$753K |
|
|
SSI
3133
DELISTED
Stage Stores Inc
SSI
| $459K | ﹤0.01% |
273,233
-119,012
| -30% | -$220K |
|
3134
e.l.f. Beauty
ELF
$4.56B
| $458K | ﹤0.01% |
+20,528
| New | +$438K |
|
3135
Celsius Holdings
CELH
$6.93B
| $456K | ﹤0.01% |
+260,622
| New | +$457K |
|
|
FRGI
3136
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $456K | ﹤0.01% |
24,002
-145,514
| -86% | -$2.62M |
|
|
ADAM
3137
Adamas Trust
ADAM
$777M
| $455K | ﹤0.01% |
+18,439
| New | +$463K |
|
3138
Funko
FNKO
$323M
| $453K | ﹤0.01% |
+68,169
| New | +$526K |
|
|
SPHS
3139
DELISTED
Sophiris Bio, Inc.
SPHS
| $453K | ﹤0.01% |
+199,705
| New | +$435K |
|
3140
Invesco Financial Preferred ETF
PGF
$676M
| $452K | ﹤0.01% |
23,954
-43
| -0.2% | -$814 |
|
3141
NextDecade
NEXT
$1.85B
| $451K | ﹤0.01% |
54,153
-202,538
| -79% | -$1.91M |
|
3142
Energy Recovery
ERII
$434M
| $447K | ﹤0.01% |
51,099
-1,156,887
| -96% | -$10.5M |
|
3143
Guggenheim Strategic Opportunities Fund
GOF
$2.22B
| $447K | ﹤0.01% |
20,704
+10,034
| +94% | +$215K |
|
3144
Targa Resources
TRGP
$60.4B
| $446K | ﹤0.01% |
9,204
-488,095
| -98% | -$21.8M |
|
|
SVU
3145
DELISTED
SUPERVALU Inc.
SVU
| $446K | ﹤0.01% |
20,627
-116,509
| -85% | -$2.13M |
|
3146
IRIDEX
IRIX
$15.5M
| $445K | ﹤0.01% |
58,412
-39,554
| -40% | -$338K |
|
3147
Century Aluminum
CENX
$4.57B
| $442K | ﹤0.01% |
22,486
-632,403
| -97% | -$9.68M |
|
3148
CPI Card Group
PMTS
$224M
| $442K | ﹤0.01% |
+120,416
| New | +$590K |
|
|
HLTH
3149
DELISTED
Nobilis Health Corp.
HLTH
| $442K | ﹤0.01% |
327,076
-329,711
| -50% | -$455K |
|
|
RGLS
3150
DELISTED
Regulus Therapeutics
RGLS
| $441K | ﹤0.01% |
3,537
+223
| +7% | +$28.2K |
|
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.