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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 11.93% |
| 2 | Technology | 11.65% |
| 3 | Healthcare | 11.53% |
| 4 | Industrials | 9.67% |
| 5 | Consumer Discretionary | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Kinder Morgan
KMI
$71.7B
| $34.6M | 0.06% |
1,806,679
-3,419,472
| -65% | -$68M |
|
452
CALL
Merck
MRK
$322B
| $34.6M | 0.06% |
565,920
+534,480
| +1,700% | +$32.5M |
|
453
Federal Realty Investment Trust
FRT
$10.7B
| $34.6M | 0.06% |
273,632
+248,841
| +1,004% | +$32.1M |
|
|
VXX
454
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $34.6M | 0.06% |
677,500
+277,500
| +69% | +$16M |
|
455
Performance Food Group
PFGC
$18B
| $34.5M | 0.06% |
1,257,579
+1,241,666
| +7,803% | +$32.8M |
|
|
MPT
456
Medical Properties Trust
MPT
$2.77B
| $34.4M | 0.06% |
2,670,801
+2,573,046
| +2,632% | +$34.3M |
|
457
Tyson Foods
TSN
$20.4B
| $34.2M | 0.06% |
545,936
-674,794
| -55% | -$41.4M |
|
458
Kinross Gold
KGC
$27.4B
| $34.1M | 0.06% |
8,372,457
-638,559
| -7% | -$2.54M |
|
459
CALL
EQT Corp
EQT
$33.3B
| $34M | 0.06% |
1,067,297
+91,850
| +9% | +$2.91M |
|
460
JetBlue
JBLU
$2.28B
| $34M | 0.06% |
1,488,960
-265,047
| -15% | -$5.83M |
|
461
Nasdaq
NDAQ
$52.7B
| $33.8M | 0.06% |
1,416,648
+350,562
| +33% | +$8.06M |
|
462
CALL
Intel
INTC
$455B
| $33.7M | 0.06% |
1,000,000
| – | – |
|
|
BNY
463
Bank of New York Mellon
BNY
$106B
| $33.7M | 0.06% |
660,617
-420,611
| -39% | -$20.1M |
|
464
RPM International
RPM
$13.7B
| $33.6M | 0.06% |
616,866
+227,325
| +58% | +$12.2M |
|
|
MTGE
465
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $33.6M | 0.06% |
1,789,506
+1,130,381
| +171% | +$20.4M |
|
466
Quest Diagnostics
DGX
$25.7B
| $33.6M | 0.06% |
302,222
+266,122
| +737% | +$28.1M |
|
467
First Hawaiian
FHB
$3.38B
| $33.5M | 0.06% |
1,095,335
-669,831
| -38% | -$19.6M |
|
468
PUT
Brink's
BCO
$4.88B
| $33.5M | 0.06% |
+500,000
| New | +$30.8M |
|
469
BJ's Restaurants
BJRI
$1.42B
| $33.3M | 0.06% |
895,114
+134,058
| +18% | +$5.69M |
|
470
Silicon Motion
SIMO
$8.6B
| $33.3M | 0.06% |
690,813
+274,129
| +66% | +$13.6M |
|
|
MGP
471
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $33M | 0.06% |
1,130,451
+865,069
| +326% | +$24.5M |
|
|
CDK
472
DELISTED
CDK Global, Inc.
CDK
| $32.9M | 0.06% |
529,908
-146,882
| -22% | -$9.21M |
|
|
WCN
473
Waste Connections
WCN
$42.2B
| $32.7M | 0.06% |
507,994
-120,548
| -19% | -$7.49M |
|
474
Fortinet
FTNT
$119B
| $32.7M | 0.06% |
4,368,255
-140,975
| -3% | -$1.09M |
|
475
M/I Homes
MHO
$3.74B
| $32.7M | 0.06% |
1,144,940
+310,844
| +37% | +$8.45M |
|
Similar funds
Millennium Management's Q2 2017 Portfolio in Review
As of Q2 2017, Millennium Management held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Millennium Management's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 12% a quarter earlier, followed by Technology and Healthcare.
- Millennium Management's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Millennium Management added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Millennium Management's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Millennium Management fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Millennium Management's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Millennium Management opened 803 new positions and closed 840 in Q2 2017.
- Millennium Management's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.