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 | |
|---|---|---|---|---|---|---|
|
CELG
376
DELISTED
Celgene Corp
CELG
| $45.7M | 0.07% |
313,307
+297,717
| +1,910% | +$40.6M |
|
377
PENN Entertainment
PENN
$2.63B
| $45.5M | 0.07% |
1,945,414
+99,948
| +5% | +$2.14M |
|
|
CONE
378
DELISTED
CyrusOne Inc Common Stock
CONE
| $45.4M | 0.07% |
769,612
-472,844
| -38% | -$28.2M |
|
379
Advance Auto Parts
AAP
$3.59B
| $45.3M | 0.07% |
456,620
+257,008
| +129% | +$25.9M |
|
380
Capital One
COF
$136B
| $45.3M | 0.07% |
534,685
+505,460
| +1,730% | +$41.7M |
|
381
Tower Semiconductor
TSEM
$23.9B
| $45.2M | 0.07% |
1,470,943
+429,684
| +41% | +$11.7M |
|
382
Elevance Health
ELV
$84.8B
| $45.2M | 0.07% |
237,875
-435,065
| -65% | -$82.8M |
|
|
LQ
383
DELISTED
La Quinta Holdings Inc.
LQ
| $45.2M | 0.07% |
2,580,796
+608,361
| +31% | +$9.45M |
|
384
Cooper Companies
COO
$14.6B
| $45.2M | 0.07% |
+761,848
| New | +$46.6M |
|
385
Trinity Industries
TRN
$2.59B
| $45M | 0.07% |
1,959,147
+436,411
| +29% | +$9.01M |
|
386
Sonoco
SON
$5.78B
| $45M | 0.07% |
891,329
+623,359
| +233% | +$30.7M |
|
387
Tenaris
TS
$28.8B
| $44.8M | 0.07% |
1,582,081
-1,788,828
| -53% | -$52.2M |
|
388
Copart
CPRT
$26.8B
| $44.5M | 0.07% |
+5,182,568
| New | +$41.5M |
|
389
CALL
Olin
OLN
$2.13B
| $44.5M | 0.07% |
1,300,000
+800,000
| +160% | +$24.9M |
|
390
Peabody Energy
BTU
$2.78B
| $44.5M | 0.07% |
+1,534,475
| New | +$43.3M |
|
391
Cousins Properties
CUZ
$5.06B
| $44.4M | 0.07% |
1,188,987
+498,968
| +72% | +$18.2M |
|
|
PRXL
392
DELISTED
Parexel International Corp
PRXL
| $44.4M | 0.07% |
504,154
+403,192
| +399% | +$35.3M |
|
393
Valero Energy
VLO
$87.1B
| $44.2M | 0.07% |
+575,183
| New | +$39.6M |
|
394
BioMarin Pharmaceuticals
BMRN
$11.6B
| $44.2M | 0.07% |
474,732
-410,262
| -46% | -$36.3M |
|
395
AbbVie
ABBV
$435B
| $44.2M | 0.07% |
497,085
-1,565,800
| -76% | -$119M |
|
|
GMS
396
DELISTED
GMS Inc
GMS
| $44.1M | 0.07% |
1,246,627
+964,444
| +342% | +$29.8M |
|
397
L3Harris
LHX
$53.3B
| $44.1M | 0.07% |
334,878
+689
| +0.2% | +$82.7K |
|
398
Synchrony
SYF
$25.8B
| $43.8M | 0.07% |
1,409,960
+190,945
| +16% | +$5.71M |
|
|
EE
399
DELISTED
El Paso Electric Company
EE
| $43.7M | 0.07% |
791,332
+57,915
| +8% | +$3.11M |
|
400
Melco Resorts & Entertainment
MLCO
$2.19B
| $43.6M | 0.07% |
1,808,652
-154,701
| -8% | -$3.36M |
|
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.