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 | |
|---|---|---|---|---|---|---|
576
CALL
iShares Russell 2000 ETF
IWM
$82.5B
| $29.6M | 0.05% |
+200,000
| New | +$28.1M |
|
577
BGC Group
BGC
$5.18B
| $29.6M | 0.05% |
3,180,228
-2,109,733
| -40% | -$17.6M |
|
578
Rio Tinto
RIO
$165B
| $29.6M | 0.05% |
626,211
+333,820
| +114% | +$15.5M |
|
579
CALL
Kimberly-Clark
KMB
$37.4B
| $29.4M | 0.04% |
+250,000
| New | +$30.5M |
|
580
Seacoast Banking Corp of Florida
SBCF
$3.39B
| $29.3M | 0.04% |
1,227,273
+391,143
| +47% | +$9.06M |
|
581
Universal Display
OLED
$3.95B
| $29.3M | 0.04% |
227,485
-142,761
| -39% | -$17.3M |
|
|
SOHU
582
Sohu.com
SOHU
$359M
| $29.2M | 0.04% |
537,041
+386,695
| +257% | +$20.2M |
|
583
PUT
CenterPoint Energy
CNP
$26.8B
| $29.2M | 0.04% |
+1,000,000
| New | +$28.9M |
|
584
Burlington
BURL
$23.2B
| $29.1M | 0.04% |
304,953
-108,465
| -26% | -$9.52M |
|
|
PXD
585
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $29.1M | 0.04% |
197,000
| – | – |
|
|
MDR
586
DELISTED
McDermott International
MDR
| $29.1M | 0.04% |
1,332,652
+969,738
| +267% | +$19.4M |
|
587
CALL
NXP Semiconductors
NXPI
$58.3B
| $29M | 0.04% |
256,800
+196,900
| +329% | +$22M |
|
|
IMGN
588
DELISTED
Immunogen Inc
IMGN
| $29M | 0.04% |
3,787,427
-242,030
| -6% | -$1.61M |
|
589
First Interstate BancSystem
FIBK
$3.63B
| $28.9M | 0.04% |
755,289
-123,032
| -14% | -$4.46M |
|
590
Primoris Services
PRIM
$4.52B
| $28.7M | 0.04% |
973,979
+415,860
| +75% | +$11.1M |
|
591
New Jersey Resources
NJR
$5.62B
| $28.6M | 0.04% |
678,926
+172,086
| +34% | +$7.28M |
|
|
BRCD
592
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $28.6M | 0.04% |
2,392,714
-19,319
| -0.8% | -$239K |
|
|
CBM
593
DELISTED
Cambrex Corporation
CBM
| $28.5M | 0.04% |
517,307
+19,889
| +4% | +$1.09M |
|
|
PPLI
594
People Inc
PPLI
$3.29B
| $28.4M | 0.04% |
1,353,893
-948,522
| -41% | -$18.4M |
|
595
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $28.4M | 0.04% |
+400,000
| New | +$27.5M |
|
|
COL
596
DELISTED
Rockwell Collins
COL
| $28.4M | 0.04% |
217,187
-154,683
| -42% | -$18.8M |
|
|
AMAG
597
DELISTED
AMAG Pharmaceuticals
AMAG
| $28.3M | 0.04% |
1,534,292
+81,919
| +6% | +$1.53M |
|
598
UBS Group
UBS
$176B
| $28.1M | 0.04% |
1,640,335
+1,002,396
| +157% | +$17.1M |
|
599
Associated Banc-Corp
ASB
$5.95B
| $28M | 0.04% |
1,154,563
-1,155,420
| -50% | -$26.9M |
|
|
HES
600
DELISTED
Hess
HES
| $28M | 0.04% |
596,725
-385,763
| -39% | -$16.3M |
|
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.