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 | |
|---|---|---|---|---|---|---|
626
Granite Construction
GVA
$5.29B
| $31.7M | 0.04% |
500,025
+489,615
| +4,703% | +$30.6M |
|
627
The Greenbrier Companies
GBX
$1.52B
| $31.7M | 0.04% |
594,849
-134,798
| -18% | -$6.76M |
|
628
Televisa
TV
$1.48B
| $31.6M | 0.04% |
1,694,261
+1,645,076
| +3,345% | +$34.1M |
|
629
Monster Beverage
MNST
$94.3B
| $31.5M | 0.04% |
996,054
-416,266
| -29% | -$12.5M |
|
630
Silicon Motion
SIMO
$8.6B
| $31.5M | 0.04% |
594,767
+233,994
| +65% | +$11.9M |
|
631
Celanese
CE
$4.9B
| $31.5M | 0.04% |
293,799
+95,219
| +48% | +$10.1M |
|
|
BBL
632
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $31.5M | 0.04% |
780,594
-121,867
| -14% | -$4.52M |
|
633
Live Nation Entertainment
LYV
$40.5B
| $31.3M | 0.04% |
734,470
+474,071
| +182% | +$20.6M |
|
634
3M
MMM
$90.9B
| $31.3M | 0.04% |
158,805
+83,963
| +112% | +$16.2M |
|
635
MSC Industrial Direct
MSM
$6.89B
| $31.2M | 0.04% |
322,609
+89,258
| +38% | +$7.46M |
|
636
eBay
EBAY
$50.6B
| $31.2M | 0.04% |
826,167
-835,130
| -50% | -$31M |
|
|
NUAN
637
DELISTED
Nuance Communications, Inc.
NUAN
| $31.1M | 0.04% |
2,197,086
+1,268,033
| +136% | +$17.1M |
|
|
NUVA
638
DELISTED
NuVasive, Inc.
NUVA
| $31M | 0.04% |
530,757
+490,336
| +1,213% | +$27.8M |
|
|
EPAY
639
DELISTED
Bottomline Technologies Inc
EPAY
| $31M | 0.04% |
894,947
+562,273
| +169% | +$18.8M |
|
640
Wheaton Precious Metals
WPM
$49.5B
| $31M | 0.04% |
1,400,242
+874,062
| +166% | +$18.2M |
|
|
IMPV
641
DELISTED
Imperva, Inc.
IMPV
| $30.9M | 0.04% |
778,373
-12,108
| -2% | -$505K |
|
|
POT
642
DELISTED
Potash Corp Of Saskatchewan
POT
| $30.9M | 0.04% |
1,496,415
+245,184
| +20% | +$4.75M |
|
|
B
643
Barrick Mining
B
$61.5B
| $30.9M | 0.04% |
2,133,539
-40,998
| -2% | -$604K |
|
|
AAMI
644
Acadian Asset Management
AAMI
$3.08B
| $30.9M | 0.04% |
1,841,796
-225,689
| -11% | -$3.58M |
|
645
OraSure Technologies
OSUR
$279M
| $30.6M | 0.04% |
1,624,216
+759,958
| +88% | +$13.8M |
|
646
Old Republic International
ORI
$10.5B
| $30.6M | 0.04% |
1,429,555
-525,652
| -27% | -$10.7M |
|
647
TE Connectivity
TEL
$59.6B
| $30.5M | 0.04% |
321,153
-149,259
| -32% | -$13.7M |
|
|
HES
648
CALL
DELISTED
Hess
HES
| $30.4M | 0.04% |
640,900
+200,000
| +45% | +$9.02M |
|
649
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $30.4M | 0.04% |
645,500
+583,667
| +944% | +$27M |
|
|
VG
650
DELISTED
Vonage Holdings Corporation
VG
| $30.4M | 0.04% |
2,989,008
+1,435,026
| +92% | +$13.1M |
|
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.