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 | |
|---|---|---|---|---|---|---|
|
AMAG
551
DELISTED
AMAG Pharmaceuticals
AMAG
| $26.7M | 0.05% |
1,452,373
+1,152,551
| +384% | +$22.8M |
|
552
Banc of California
BANC
$2.98B
| $26.7M | 0.05% |
1,240,991
+285,766
| +30% | +$6.04M |
|
553
Veeva Systems
VEEV
$32.7B
| $26.6M | 0.05% |
+434,327
| New | +$25.1M |
|
554
CALL
Walt Disney
DIS
$167B
| $26.6M | 0.05% |
250,000
-750,000
| -75% | -$82.1M |
|
555
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $26.5M | 0.05% |
237,603
-44,218
| -16% | -$4.92M |
|
556
Westlake Corp
WLK
$9.19B
| $26.5M | 0.05% |
400,130
-378,890
| -49% | -$24.1M |
|
|
NFX
557
DELISTED
Newfield Exploration
NFX
| $26.3M | 0.05% |
924,889
-58,776
| -6% | -$1.94M |
|
558
Red Robin
RRGB
$144M
| $26.3M | 0.05% |
403,385
-240,199
| -37% | -$15.2M |
|
559
CALL
Jefferies Financial Group
JEF
$12.7B
| $26.2M | 0.05% |
+1,117,128
| New | +$25.4M |
|
560
Bristol-Myers Squibb
BMY
$132B
| $26.1M | 0.05% |
468,773
-325,267
| -41% | -$17.7M |
|
561
First Bancorp
FBP
$4.4B
| $26M | 0.05% |
4,492,266
-1,095,648
| -20% | -$6.14M |
|
|
SYNH
562
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $26M | 0.05% |
443,949
-1,069,076
| -71% | -$55.6M |
|
|
XHR
563
Xenia Hotels & Resorts
XHR
$1.85B
| $25.7M | 0.05% |
1,328,850
+130,131
| +11% | +$2.37M |
|
564
Vornado Realty Trust
VNO
$7.55B
| $25.7M | 0.05% |
338,710
-753,900
| -69% | -$58.4M |
|
565
SolarEdge
SEDG
$2.54B
| $25.7M | 0.05% |
1,283,564
+694,243
| +118% | +$12.3M |
|
566
Everest Group
EG
$14.5B
| $25.5M | 0.05% |
99,997
+68,678
| +219% | +$17M |
|
|
HRC
567
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $25.4M | 0.05% |
319,441
-335,240
| -51% | -$25.3M |
|
|
XENT
568
DELISTED
Intersect ENT, Inc
XENT
| $25.3M | 0.05% |
906,447
+775
| +0.1% | +$17.5K |
|
569
Curtiss-Wright
CW
$26.5B
| $25.2M | 0.05% |
274,786
-79,241
| -22% | -$7.14M |
|
|
CHL
570
DELISTED
China Mobile Limited
CHL
| $25.1M | 0.04% |
473,365
+103,203
| +28% | +$5.61M |
|
571
Host Hotels & Resorts
HST
$17.2B
| $25.1M | 0.04% |
1,374,334
+1,133,586
| +471% | +$20.8M |
|
572
Perrigo
PRGO
$1.43B
| $25.1M | 0.04% |
331,890
+203,064
| +158% | +$14.6M |
|
573
Pfizer
PFE
$142B
| $25M | 0.04% |
785,095
-536,780
| -41% | -$16.9M |
|
574
CBRE Group
CBRE
$43.3B
| $25M | 0.04% |
685,825
-3,908
| -0.6% | -$136K |
|
575
Avnet
AVT
$7.12B
| $24.9M | 0.04% |
+640,681
| New | +$25.4M |
|
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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.