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 | |
|---|---|---|---|---|---|---|
|
CAF
3301
Morgan Stanley China A Share Fund
CAF
$334M
| $327K | ﹤0.01% |
13,997
+397
| +3% | +$9.5K |
|
3302
Hormel Foods
HRL
$13.9B
| $327K | ﹤0.01% |
8,987
-270,401
| -97% | -$9.09M |
|
|
FPL
3303
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
| $327K | ﹤0.01% |
27,354
+3,990
| +17% | +$47.8K |
|
|
LUNA
3304
DELISTED
Luna Innovations Incorporated
LUNA
| $327K | ﹤0.01% |
+134,677
| New | +$264K |
|
3305
Mustang Bio
MBIO
$4.26M
| $326K | ﹤0.01% |
+36
| New | +$279K |
|
3306
Lineage Cell Therapeutics
LCTX
$257M
| $324K | ﹤0.01% |
172,274
+155,683
| +938% | +$340K |
|
3307
PetMed Express
PETS
$42.5M
| $324K | ﹤0.01% |
7,115
-479,040
| -99% | -$18.9M |
|
3308
Universal Electronics
UEIC
$57.2M
| $324K | ﹤0.01% |
+6,859
| New | +$380K |
|
|
FRSH
3309
DELISTED
Papa Murphy's Holdings, Inc
FRSH
| $324K | ﹤0.01% |
60,240
+31,107
| +107% | +$183K |
|
3310
Mistras Group
MG
$492M
| $322K | ﹤0.01% |
+13,713
| New | +$299K |
|
3311
iShares Intermediate Government/Credit Bond ETF
GVI
$3.72B
| $321K | ﹤0.01% |
+2,924
| New | +$323K |
|
|
AMBR
3312
DELISTED
Amber Road Inc
AMBR
| $321K | ﹤0.01% |
43,781
+14,114
| +48% | +$105K |
|
3313
Quaker Houghton
KWR
$2.63B
| $320K | ﹤0.01% |
+2,119
| New | +$328K |
|
|
GRVY
3314
GRAVITY
GRVY
$427M
| $319K | ﹤0.01% |
+6,756
| New | +$219K |
|
|
HIO
3315
Western Asset High Income Opportunity Fund
HIO
$335M
| $319K | ﹤0.01% |
+62,837
| New | +$317K |
|
3316
Nuveen Municipal Credit Income Fund
NZF
$2.4B
| $318K | ﹤0.01% |
20,850
-3,551
| -15% | -$53.9K |
|
3317
Resources Connection
RGP
$129M
| $316K | ﹤0.01% |
20,464
-15,901
| -44% | -$246K |
|
3318
Acadia Healthcare
ACHC
$3.17B
| $315K | ﹤0.01% |
9,661
-829,207
| -99% | -$28.7M |
|
|
CCEC
3319
Capital Clean Energy Carriers
CCEC
$1.4B
| $315K | ﹤0.01% |
13,373
+3,287
| +33% | +$77.2K |
|
|
NCNA
3320
NuCana
NCNA
$5.37M
| $314K | ﹤0.01% |
6
-32
| -84% | -$2M |
|
|
SELF
3321
Global Self Storage
SELF
$57.7M
| $314K | ﹤0.01% |
68,116
-35,192
| -34% | -$167K |
|
|
NFBK
3322
DELISTED
Northfield Bancorp
NFBK
| $313K | ﹤0.01% |
18,301
-63,541
| -78% | -$1.1M |
|
3323
SiriusXM
SIRI
$10B
| $313K | ﹤0.01% |
5,836
-167,081
| -97% | -$9.23M |
|
|
RAD
3324
DELISTED
Rite Aid Corporation
RAD
| $313K | ﹤0.01% |
7,941
-100,440
| -93% | -$3.59M |
|
3325
Stride
LRN
$3.69B
| $311K | ﹤0.01% |
19,563
-63,329
| -76% | -$1.05M |
|
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.