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 | |
|---|---|---|---|---|---|---|
501
Werner Enterprises
WERN
$2.24B
| $40.8M | 0.06% |
1,056,019
+198,614
| +23% | +$7.22M |
|
502
Helmerich & Payne
HP
$3.45B
| $40.6M | 0.06% |
+627,705
| New | +$35.2M |
|
|
ALE
503
DELISTED
Allete
ALE
| $40.5M | 0.06% |
545,149
+420,136
| +336% | +$32.7M |
|
504
Itaú Unibanco
ITUB
$93.2B
| $40.4M | 0.06% |
6,408,451
+3,807,157
| +146% | +$24.3M |
|
505
Douglas Emmett
DEI
$1.98B
| $40.3M | 0.06% |
982,016
+473,779
| +93% | +$19.1M |
|
|
ATH
506
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $40.2M | 0.06% |
777,792
+90,980
| +13% | +$4.65M |
|
507
Varonis Systems
VRNS
$4.59B
| $40.2M | 0.06% |
2,482,272
+148,596
| +6% | +$2.33M |
|
|
HI
508
DELISTED
Hillenbrand
HI
| $40.1M | 0.06% |
897,718
+223,391
| +33% | +$9.35M |
|
|
INN
509
Summit Hotel Properties
INN
$746M
| $40M | 0.06% |
2,628,803
+2,007,936
| +323% | +$31M |
|
|
JOYY
510
JOYY Inc
JOYY
$3.71B
| $39.8M | 0.06% |
352,248
-119,384
| -25% | -$12M |
|
511
Oceaneering
OII
$4.86B
| $39.6M | 0.05% |
1,873,907
+1,266,314
| +208% | +$26.9M |
|
512
LivaNova
LIVN
$4.4B
| $39.4M | 0.05% |
493,443
+485,840
| +6,390% | +$38.6M |
|
513
RPM International
RPM
$13.7B
| $39.3M | 0.05% |
750,451
+296,616
| +65% | +$15.5M |
|
|
RVNC
514
DELISTED
Revance Therapeutics, Inc.
RVNC
| $39.3M | 0.05% |
+1,099,032
| New | +$31.6M |
|
515
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $39.3M | 0.05% |
468,476
+16,874
| +4% | +$1.42M |
|
516
M/I Homes
MHO
$3.74B
| $39.3M | 0.05% |
1,141,653
-60,874
| -5% | -$1.99M |
|
|
WLL
517
DELISTED
Whiting Petroleum Corporation
WLL
| $39M | 0.05% |
19,613
+9,258
| +89% | +$16.2M |
|
518
Aptiv
APTV
$12B
| $38.8M | 0.05% |
457,388
+206,346
| +82% | +$19.6M |
|
519
Ventas
VTR
$48B
| $38.8M | 0.05% |
+646,519
| New | +$40.9M |
|
520
Quanta Services
PWR
$100B
| $38.7M | 0.05% |
989,053
-1,428,561
| -59% | -$53.6M |
|
521
Tower Semiconductor
TSEM
$24.8B
| $38.6M | 0.05% |
1,133,394
-337,549
| -23% | -$11.2M |
|
522
Century Communities
CCS
$1.91B
| $38.6M | 0.05% |
1,241,269
+326,505
| +36% | +$9.32M |
|
|
EE
523
DELISTED
El Paso Electric Company
EE
| $38.6M | 0.05% |
697,124
-94,208
| -12% | -$5.46M |
|
524
Waters Corp
WAT
$37B
| $38.5M | 0.05% |
199,450
+30,409
| +18% | +$5.87M |
|
525
Amphenol
APH
$198B
| $38.5M | 0.05% |
1,754,808
+497,300
| +40% | +$10.9M |
|
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.