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 | |
|---|---|---|---|---|---|---|
|
HAPN
3151
Happen Inc
HAPN
$2.08B
| $440K | ﹤0.01% |
21,285
-704,731
| -97% | -$17.5M |
|
3152
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $440K | ﹤0.01% |
+8,507
| New | +$439K |
|
3153
BlackRock Debt Strategies Fund
DSU
$591M
| $438K | ﹤0.01% |
37,428
-1,017
| -3% | -$11.9K |
|
|
CSRA
3154
DELISTED
CSRA Inc.
CSRA
| $438K | ﹤0.01% |
14,641
-915,899
| -98% | -$27.7M |
|
3155
INNOVATE Corp
VATE
$114M
| $436K | ﹤0.01% |
7,330
+6,040
| +468% | +$325K |
|
|
SPNE
3156
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $436K | ﹤0.01% |
43,079
-44,752
| -51% | -$459K |
|
3157
NewMarket
NEU
$7.17B
| $435K | ﹤0.01% |
1,094
-4,775
| -81% | -$1.93M |
|
3158
American Coastal Insurance
ACIC
$498M
| $434K | ﹤0.01% |
+25,185
| New | +$409K |
|
3159
PUT
eHealth
EHTH
$42.5M
| $434K | ﹤0.01% |
+25,000
| New | +$559K |
|
|
CLCT
3160
DELISTED
Collectors Universe
CLCT
| $433K | ﹤0.01% |
15,106
-40,889
| -73% | -$1.1M |
|
3161
Iridium Communications
IRDM
$4.85B
| $432K | ﹤0.01% |
+36,643
| New | +$424K |
|
3162
Ormat Technologies
ORA
$6.11B
| $432K | ﹤0.01% |
6,756
-28,444
| -81% | -$1.8M |
|
|
AMPE
3163
PUT
DELISTED
Ampio Pharmaceuticals Inc.
AMPE
| $432K | ﹤0.01% |
+354
| New | +$166K |
|
|
ZEAL
3164
DELISTED
Zealand Pharma A/S American Depositary Shares
ZEAL
| $432K | ﹤0.01% |
31,752
-38,213
| -55% | -$600K |
|
3165
Assured Guaranty
AGO
$3.78B
| $430K | ﹤0.01% |
12,695
-48,377
| -79% | -$1.75M |
|
3166
Hennessy Advisors
HNNA
$77.6M
| $430K | ﹤0.01% |
26,019
-30,229
| -54% | -$497K |
|
3167
Allegiant Air
ALGT
$2.64B
| $429K | ﹤0.01% |
2,769
-12,460
| -82% | -$1.76M |
|
3168
H&R Block
HRB
$5.18B
| $427K | ﹤0.01% |
16,282
-314,133
| -95% | -$8.15M |
|
3169
Jakks Pacific
JAKK
$280M
| $427K | ﹤0.01% |
18,149
-3,035
| -14% | -$84.2K |
|
3170
UroGen Pharma
URGN
$2B
| $427K | ﹤0.01% |
+11,485
| New | +$409K |
|
|
BOBE
3171
DELISTED
Bob Evans Farms, Inc.
BOBE
| $424K | ﹤0.01% |
5,378
-57,806
| -91% | -$4.49M |
|
|
ATCO
3172
DELISTED
Atlas Corp.
ATCO
| $421K | ﹤0.01% |
62,436
-115,948
| -65% | -$757K |
|
3173
American Public Education
APEI
$875M
| $420K | ﹤0.01% |
16,760
-8,265
| -33% | -$193K |
|
3174
Theravance Biopharma
TBPH
$874M
| $419K | ﹤0.01% |
+15,038
| New | +$445K |
|
3175
US Physical Therapy
USPH
$1.14B
| $419K | ﹤0.01% |
5,805
-22,468
| -79% | -$1.53M |
|
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.