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 | |
|---|---|---|---|---|---|---|
|
MGLN
351
DELISTED
Magellan Health Services, Inc.
MGLN
| $56.8M | 0.08% |
588,464
+41,463
| +8% | +$3.67M |
|
352
Eaton
ETN
$161B
| $56.8M | 0.08% |
718,852
+713,766
| +14,034% | +$55.5M |
|
353
General Dynamics
GD
$104B
| $56.7M | 0.08% |
278,809
+173,371
| +164% | +$35.4M |
|
354
PUT
GE Aerospace
GE
$374B
| $56.7M | 0.08% |
678,152
+459,057
| +210% | +$43.8M |
|
355
Ametek
AME
$55.4B
| $56.7M | 0.08% |
782,344
+474,712
| +154% | +$33.1M |
|
356
BioMarin Pharmaceuticals
BMRN
$11.6B
| $56.6M | 0.08% |
634,864
+160,132
| +34% | +$13.9M |
|
357
Mid-America Apartment Communities
MAA
$15.4B
| $56.6M | 0.08% |
562,920
-174,527
| -24% | -$18.1M |
|
|
CBI
358
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $56.5M | 0.08% |
3,500,000
-40,000
| -1% | -$652K |
|
359
Tenaris
TS
$28.9B
| $56.2M | 0.08% |
1,764,762
+182,681
| +12% | +$5.29M |
|
360
Teva Pharmaceuticals
TEVA
$40.8B
| $56.2M | 0.08% |
2,965,936
+1,071,583
| +57% | +$16.1M |
|
361
Dell
DELL
$262B
| $56.2M | 0.08% |
2,462,422
-22,961
| -0.9% | -$520K |
|
362
Axalta
AXTA
$7.66B
| $56.2M | 0.08% |
1,735,663
+1,252,686
| +259% | +$39.7M |
|
363
PBF Energy
PBF
$8.57B
| $56M | 0.08% |
+1,578,765
| New | +$48.8M |
|
|
QEP
364
DELISTED
QEP RESOURCES, INC.
QEP
| $55.8M | 0.08% |
5,831,485
-7,121,193
| -55% | -$64.5M |
|
|
COR
365
DELISTED
Coresite Realty Corporation
COR
| $55.7M | 0.08% |
489,216
-122,193
| -20% | -$13.9M |
|
366
Cintas
CTAS
$81.9B
| $55.6M | 0.08% |
1,427,340
+275,304
| +24% | +$10.5M |
|
367
Cheesecake Factory
CAKE
$5.04B
| $55.5M | 0.08% |
+1,152,789
| New | +$52.4M |
|
368
Baker Hughes
BKR
$60B
| $55.4M | 0.08% |
1,752,421
+351,409
| +25% | +$11.3M |
|
369
Ovintiv
OVV
$17.3B
| $55.4M | 0.08% |
831,445
-994,938
| -54% | -$58.7M |
|
370
BGC Group
BGC
$5.45B
| $55.4M | 0.08% |
5,700,608
+2,520,380
| +79% | +$25.4M |
|
371
Zimmer Biomet
ZBH
$18.2B
| $55.3M | 0.08% |
471,964
-69,896
| -13% | -$7.9M |
|
|
AMED
372
DELISTED
Amedisys
AMED
| $55.3M | 0.08% |
1,048,423
+435,734
| +71% | +$23M |
|
373
CALL
Devon Energy
DVN
$52.1B
| $55.2M | 0.08% |
1,333,900
| – | – |
|
374
Euronet Worldwide
EEFT
$2.72B
| $55M | 0.08% |
652,525
+515,535
| +376% | +$47.7M |
|
|
SKX
375
DELISTED
Skechers
SKX
| $54.9M | 0.08% |
1,451,375
-1,663,312
| -53% | -$53.9M |
|
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.