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 | |
|---|---|---|---|---|---|---|
801
STAG Industrial
STAG
$7.11B
| $19.8M | 0.03% |
722,111
+66,937
| +10% | +$1.85M |
|
802
CALL
VanEck Gold Miners ETF
GDX
$25.5B
| $19.8M | 0.03% |
+863,800
| New | +$19.9M |
|
|
TMHC
803
DELISTED
Taylor Morrison
TMHC
| $19.8M | 0.03% |
898,630
-925,429
| -51% | -$20.4M |
|
|
GOLD
804
DELISTED
Randgold Resources Ltd
GOLD
| $19.8M | 0.03% |
202,841
-296,059
| -59% | -$28.4M |
|
|
AZUL
805
DELISTED
Azul
AZUL
| $19.8M | 0.03% |
720,521
-107,528
| -13% | -$2.75M |
|
806
BioCryst Pharmaceuticals
BCRX
$2.4B
| $19.7M | 0.03% |
3,756,165
+350,301
| +10% | +$1.79M |
|
807
United Bankshares
UBSI
$6.67B
| $19.7M | 0.03% |
529,668
+323,528
| +157% | +$11.4M |
|
808
Central Pacific Financial
CPF
$1.01B
| $19.7M | 0.03% |
611,287
+231,343
| +61% | +$7M |
|
809
Five Below
FIVE
$12.9B
| $19.7M | 0.03% |
358,293
-520,880
| -59% | -$25.5M |
|
810
Essent Group
ESNT
$6.05B
| $19.6M | 0.03% |
483,158
+200,003
| +71% | +$7.74M |
|
811
OraSure Technologies
OSUR
$266M
| $19.4M | 0.03% |
+864,258
| New | +$17.4M |
|
812
PUT
Medtronic
MDT
$110B
| $19.4M | 0.03% |
250,000
+100,000
| +67% | +$8.3M |
|
813
Teleflex
TFX
$6.14B
| $19.4M | 0.03% |
+80,116
| New | +$17.4M |
|
814
IPG Photonics
IPGP
$3.76B
| $19.4M | 0.03% |
+104,733
| New | +$17.4M |
|
815
Leidos
LDOS
$16.9B
| $19.3M | 0.03% |
+326,698
| New | +$18.2M |
|
816
Petrobras Class A
PBR.A
$107B
| $19.3M | 0.03% |
2,002,599
+779,250
| +64% | +$6.79M |
|
817
Yum China
YUMC
$16.5B
| $19.3M | 0.03% |
483,358
-196,099
| -29% | -$7.31M |
|
818
Kulicke & Soffa
KLIC
$4.74B
| $19.3M | 0.03% |
893,978
+498,068
| +126% | +$9.99M |
|
819
Ethan Allen Interiors
ETD
$601M
| $19.2M | 0.03% |
592,074
+579,116
| +4,469% | +$17.8M |
|
|
RDUS
820
DELISTED
Radius Health, Inc.
RDUS
| $19.2M | 0.03% |
497,420
+7,976
| +2% | +$313K |
|
821
Spectrum Brands
SPB
$2.03B
| $19.2M | 0.03% |
180,901
+142,946
| +377% | +$16.1M |
|
|
CSGS
822
DELISTED
CSG Systems International
CSGS
| $19.1M | 0.03% |
477,111
+213,843
| +81% | +$8.44M |
|
823
CALL
JD.com
JD
$44.1B
| $19.1M | 0.03% |
+500,000
| New | +$21.4M |
|
824
Jazz Pharmaceuticals
JAZZ
$16.7B
| $19.1M | 0.03% |
130,490
+93,741
| +255% | +$14.2M |
|
|
UNVR
825
DELISTED
Univar Solutions Inc.
UNVR
| $19M | 0.03% |
657,353
-576,910
| -47% | -$16.6M |
|
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.