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 |
CMA
Comerica
CMA
|
+$221M |
| 2 |
RSPP
RSP Permian, Inc.
RSPP
|
+$166M |
| 3 |
Vulcan Materials
VMC
|
+$165M |
| 4 |
ANDV
Andeavor
ANDV
|
+$165M |
| 5 |
Apple
AAPL
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BNY
Bank of New York Mellon
BNY
|
+$251M |
| 2 |
Bank of America
BAC
|
+$225M |
| 3 |
WOOF
VCA Inc.
WOOF
|
+$214M |
| 4 |
K
Kellanova
K
|
+$188M |
| 5 |
Occidental Petroleum
OXY
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 12.16% |
| 2 | Technology | 11.12% |
| 3 | Healthcare | 10.56% |
| 4 | Industrials | 9.99% |
| 5 | Energy | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BRCD
551
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $26.4M | 0.05% |
2,115,155
-268,273
| -11% | -$3.33M |
|
|
QCP
552
DELISTED
Quality Care Properties, Inc.
QCP
| $26.4M | 0.05% |
+1,399,398
| New | +$24.9M |
|
553
Fastenal
FAST
$57.4B
| $26.3M | 0.05% |
+2,042,356
| New | +$25.6M |
|
554
SiriusXM
SIRI
$10.3B
| $25.9M | 0.05% |
503,312
+14,282
| +3% | +$702K |
|
555
Zebra Technologies
ZBRA
$17.5B
| $25.9M | 0.05% |
283,980
+257,426
| +969% | +$22.3M |
|
556
TTM Technologies
TTMI
$13.6B
| $25.9M | 0.05% |
1,606,096
-57,035
| -3% | -$888K |
|
557
Newmont
NEM
$110B
| $25.9M | 0.05% |
785,956
+655,837
| +504% | +$22.9M |
|
558
American Homes 4 Rent
AMH
$12.4B
| $25.7M | 0.05% |
1,119,320
-687,217
| -38% | -$15.4M |
|
|
SPNC
559
DELISTED
Spectranetics Corp
SPNC
| $25.5M | 0.05% |
875,029
-246,585
| -22% | -$6.57M |
|
560
Advance Auto Parts
AAP
$3.59B
| $25.4M | 0.05% |
171,628
-152,132
| -47% | -$24.4M |
|
561
Tower Semiconductor
TSEM
$23.9B
| $25.3M | 0.05% |
1,099,761
+49,115
| +5% | +$1.08M |
|
|
VXX
562
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $25.3M | 0.05% |
400,000
+100,000
| +33% | +$7.41M |
|
|
BHI
563
DELISTED
Baker Hughes
BHI
| $25.2M | 0.05% |
421,154
-525,226
| -55% | -$32M |
|
564
Ingredion
INGR
$6.52B
| $25.1M | 0.05% |
208,056
+16,172
| +8% | +$1.98M |
|
565
NCR Voyix
VYX
$1.31B
| $25.1M | 0.05% |
893,996
+368,037
| +70% | +$10.1M |
|
|
CVSA
566
Covista Inc
CVSA
$4.42B
| $25M | 0.05% |
705,569
-430,732
| -38% | -$14.2M |
|
|
WFT
567
DELISTED
Weatherford International plc
WFT
| $24.9M | 0.05% |
3,742,953
+1,080,576
| +41% | +$6.33M |
|
568
Louisiana-Pacific
LPX
$5.4B
| $24.8M | 0.05% |
1,001,170
-3,272,765
| -77% | -$72.3M |
|
|
569
CALL
Bank of America
BAC
$442B
| $24.8M | 0.05% |
+1,050,000
| New | +$24.9M |
|
|
WMGI
570
DELISTED
Wright Medical Group Inc
WMGI
| $24.8M | 0.05% |
795,907
-633,164
| -44% | -$17.2M |
|
571
Valmont Industries
VMI
$9.58B
| $24.7M | 0.05% |
159,039
+149,461
| +1,560% | +$22.1M |
|
572
Nasdaq
NDAQ
$52.9B
| $24.7M | 0.05% |
1,066,086
-158,670
| -13% | -$3.68M |
|
573
Exelon
EXC
$47.1B
| $24.6M | 0.05% |
958,888
-1,118,099
| -54% | -$28.5M |
|
574
CALL
iShares MSCI EAFE ETF
EFA
$79.4B
| $24.5M | 0.04% |
+393,200
| New | +$23.8M |
|
575
Fortune Brands Innovations
FBIN
$6.24B
| $24.5M | 0.04% |
470,692
-156,267
| -25% | -$7.66M |
|
Similar funds
Millennium Management's Q1 2017 Portfolio in Review
As of Q1 2017, Millennium Management held 4,184 positions worth $54.6B, up 14% from $47.8B the previous quarter. Its ten largest holdings account for 5.7% of the portfolio.
Millennium Management deployed $4.44B of net new capital in Q1 2017, opening 894 new positions and adding to 1,327 existing holdings. Its largest new stake was Mondelez International: 3,261,215 shares worth $140M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Bank of New York Mellon, an estimated $251M trimmed.
- Millennium Management's largest Q1 2017 buy was Mondelez International: 3,261,215 shares worth $140M.
- Millennium Management added most to Comerica in Q1 2017, an estimated $221M increase.
- Millennium Management's biggest Q1 2017 reduction was Bank of New York Mellon, cutting an estimated $251M.
- Millennium Management fully exited Occidental Petroleum in Q1 2017, selling an estimated $171M.
- Millennium Management's ten largest holdings make up 5.7% of its $54.6B portfolio in Q1 2017.
- Millennium Management opened 894 new positions and closed 743 in Q1 2017.
- Millennium Management's portfolio value rose 14% quarter-over-quarter to $54.6B.
Based on Millennium Management's 13F filing for Q1 2017, filed 15 May 2017.