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 | |
|---|---|---|---|---|---|---|
451
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $38.1M | 0.06% |
451,602
+17,773
| +4% | +$1.5M |
|
|
AIV
452
Aimco
AIV
$381M
| $38.1M | 0.06% |
6,515,733
+2,624,604
| +67% | +$15.7M |
|
|
WR
453
DELISTED
Westar Energy Inc
WR
| $37.4M | 0.06% |
754,678
+567,072
| +302% | +$28.8M |
|
|
S
454
DELISTED
Sprint Corporation
S
| $37.3M | 0.06% |
4,793,245
+4,165,269
| +663% | +$34.2M |
|
455
Eagle Materials
EXP
$6.7B
| $37.3M | 0.06% |
349,158
+215,248
| +161% | +$20.5M |
|
456
United Therapeutics
UTHR
$22B
| $37.1M | 0.06% |
316,247
+235,608
| +292% | +$30.1M |
|
|
ALXN
457
DELISTED
Alexion Pharmaceuticals
ALXN
| $37M | 0.06% |
264,088
-189,659
| -42% | -$25.8M |
|
|
ATH
458
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $37M | 0.06% |
686,812
-1,126,765
| -62% | -$58.3M |
|
459
Red Robin
RRGB
$151M
| $36.9M | 0.06% |
550,909
+147,524
| +37% | +$8.96M |
|
460
Illumina
ILMN
$30.2B
| $36.8M | 0.06% |
190,079
+173,063
| +1,017% | +$32.2M |
|
461
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $36.8M | 0.06% |
328,561
+90,958
| +38% | +$10.1M |
|
|
SRC
462
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $36.8M | 0.06% |
957,044
+393,541
| +70% | +$14.5M |
|
|
DISH
463
DELISTED
DISH Network Corp.
DISH
| $36.8M | 0.06% |
677,881
-240,334
| -26% | -$14.2M |
|
|
ARRY
464
DELISTED
Array Biopharma Inc
ARRY
| $36.6M | 0.06% |
2,972,794
-3,632,203
| -55% | -$33.7M |
|
465
Qualcomm
QCOM
$165B
| $36.5M | 0.06% |
705,006
+583,628
| +481% | +$30.9M |
|
466
Canadian National Railway
CNI
$77.1B
| $36.4M | 0.06% |
439,374
+395,739
| +907% | +$32.1M |
|
467
Albemarle
ALB
$14B
| $36.4M | 0.06% |
266,734
-102,593
| -28% | -$12.2M |
|
|
VIAB
468
DELISTED
Viacom Inc. Class B
VIAB
| $36.3M | 0.06% |
1,305,261
+801,616
| +159% | +$24.7M |
|
|
VER
469
DELISTED
VEREIT, Inc.
VER
| $36.3M | 0.06% |
876,636
+331,982
| +61% | +$14M |
|
470
S&P Global
SPGI
$121B
| $36.3M | 0.06% |
232,187
-200,559
| -46% | -$30.5M |
|
|
SFR
471
DELISTED
Starwood Waypoint Homes
SFR
| $36.1M | 0.06% |
992,658
-1,467,324
| -60% | -$52.4M |
|
472
Leggett & Platt
LEG
$1.4B
| $36M | 0.05% |
754,311
+337,753
| +81% | +$16.3M |
|
|
DNKN
473
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $36M | 0.05% |
678,078
+638,255
| +1,603% | +$33.9M |
|
474
Outfront Media
OUT
$5.64B
| $35.8M | 0.05% |
1,445,875
+976,729
| +208% | +$21.5M |
|
475
Hope Bancorp
HOPE
$1.82B
| $35.6M | 0.05% |
2,011,108
+1,622,999
| +418% | +$27.7M |
|
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.