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 | |
|---|---|---|---|---|---|---|
301
Citizens Financial Group
CFG
$31.2B
| $58.2M | 0.09% |
1,535,811
-209,325
| -12% | -$7.32M |
|
302
Popular Inc
BPOP
$11.3B
| $57.8M | 0.09% |
1,607,154
+936,884
| +140% | +$37.9M |
|
|
CADE
303
DELISTED
Cadence Bank
CADE
| $57.2M | 0.09% |
1,784,286
+737,091
| +70% | +$22.1M |
|
304
EQT Corp
EQT
$32.2B
| $56.8M | 0.09% |
1,599,656
-360,877
| -18% | -$12.3M |
|
305
Synopsys
SNPS
$77B
| $56.7M | 0.09% |
704,695
+130,859
| +23% | +$10.2M |
|
306
Johnson & Johnson
JNJ
$623B
| $56.5M | 0.09% |
434,874
-41,236
| -9% | -$5.47M |
|
307
Dominion Energy
D
$60B
| $56.5M | 0.09% |
734,489
+203,658
| +38% | +$15.8M |
|
308
FerroAtlántica
GSM
$744M
| $56.5M | 0.09% |
4,290,672
+178,289
| +4% | +$2.32M |
|
309
Puma Biotechnology
PBYI
$409M
| $56.3M | 0.09% |
469,973
-985,388
| -68% | -$91.6M |
|
|
AF
310
DELISTED
Astoria Financial Corporation
AF
| $56.3M | 0.09% |
2,616,270
+2,513,023
| +2,434% | +$50M |
|
|
PDCO
311
DELISTED
Patterson Companies, Inc.
PDCO
| $56.1M | 0.09% |
1,450,261
+349,713
| +32% | +$14M |
|
312
Black Hills Corp
BKH
$5.43B
| $55.6M | 0.08% |
806,989
+125,028
| +18% | +$8.68M |
|
|
SC
313
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $55.4M | 0.08% |
3,601,149
+1,720,247
| +91% | +$23.5M |
|
|
RTN
314
DELISTED
Raytheon Company
RTN
| $55.1M | 0.08% |
295,557
-316,830
| -52% | -$55.8M |
|
315
Idexx Laboratories
IDXX
$46.1B
| $54.9M | 0.08% |
352,885
+201,330
| +133% | +$31.8M |
|
316
Prosperity Bancshares
PB
$8.94B
| $54.2M | 0.08% |
823,844
+182,782
| +29% | +$11.4M |
|
317
Dell
DELL
$308B
| $53.9M | 0.08% |
2,485,383
+297,056
| +14% | +$5.72M |
|
318
F5
FFIV
$23.5B
| $53.8M | 0.08% |
446,313
-203,768
| -31% | -$24.6M |
|
|
FMBI
319
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $53.7M | 0.08% |
2,293,008
-939,292
| -29% | -$20.9M |
|
320
Sarepta Therapeutics
SRPT
$1.72B
| $53.6M | 0.08% |
1,182,268
-178,258
| -13% | -$7.12M |
|
321
Cadence Design Systems
CDNS
$92.6B
| $53.5M | 0.08% |
1,356,188
-646,826
| -32% | -$23.8M |
|
|
K
322
DELISTED
Kellanova
K
| $53.4M | 0.08% |
912,381
+606,340
| +198% | +$38.3M |
|
323
Essex Property Trust
ESS
$18.4B
| $53.3M | 0.08% |
209,962
+196,626
| +1,474% | +$51.4M |
|
324
Invitation Homes
INVH
$18B
| $53.2M | 0.08% |
2,347,164
-434,439
| -16% | -$9.63M |
|
|
BERY
325
DELISTED
Berry Global Group, Inc.
BERY
| $53.1M | 0.08% |
1,020,968
+736,502
| +259% | +$38.5M |
|
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.