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 | |
|---|---|---|---|---|---|---|
876
Matsons
MATX
$6.16B
| $21M | 0.03% |
704,383
-111,154
| -14% | -$3.14M |
|
877
GoDaddy
GDDY
$13.2B
| $20.9M | 0.03% |
416,370
+49,739
| +14% | +$2.36M |
|
878
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.59B
| $20.8M | 0.03% |
139,694
-153,512
| -52% | -$21.4M |
|
|
DOOR
879
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $20.8M | 0.03% |
279,944
-192,410
| -41% | -$13.4M |
|
|
STBZ
880
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $20.7M | 0.03% |
693,766
+132,207
| +24% | +$3.89M |
|
|
MYOK
881
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $20.7M | 0.03% |
+490,750
| New | +$18.9M |
|
882
Nokia
NOK
$50.7B
| $20.6M | 0.03% |
4,424,030
+1,806,219
| +69% | +$9.31M |
|
883
Owens Corning
OC
$11.2B
| $20.5M | 0.03% |
223,446
-865,093
| -79% | -$72.9M |
|
884
TransUnion
TRU
$15.4B
| $20.5M | 0.03% |
+373,220
| New | +$19.9M |
|
885
Energizer
ENR
$1.44B
| $20.5M | 0.03% |
+427,457
| New | +$19.6M |
|
886
Teledyne Technologies
TDY
$30.1B
| $20.5M | 0.03% |
112,903
-56,458
| -33% | -$9.92M |
|
887
St. Joe Company
JOE
$3.59B
| $20.4M | 0.03% |
1,132,241
+415,441
| +58% | +$7.69M |
|
|
ARCH
888
DELISTED
Arch Resources, Inc.
ARCH
| $20.4M | 0.03% |
219,272
-120,680
| -35% | -$9.62M |
|
|
S
889
DELISTED
Sprint Corporation
S
| $20.4M | 0.03% |
3,458,671
-1,334,574
| -28% | -$8.47M |
|
|
CS
890
DELISTED
Credit Suisse Group
CS
| $20.3M | 0.03% |
1,137,457
+994,133
| +694% | +$16.4M |
|
891
MillerKnoll
MLKN
$1.53B
| $20.3M | 0.03% |
506,581
+248,806
| +97% | +$8.73M |
|
892
HEICO Corp Class A
HEI.A
$35.8B
| $20.2M | 0.03% |
400,022
-15,859
| -4% | -$776K |
|
893
Artisan Partners
APAM
$2.82B
| $20.2M | 0.03% |
512,300
-188,764
| -27% | -$7M |
|
894
Korn Ferry
KFY
$4.18B
| $20.2M | 0.03% |
488,939
-41,768
| -8% | -$1.73M |
|
|
ILG
895
DELISTED
ILG, Inc Common Stock
ILG
| $20.2M | 0.03% |
709,017
-597,815
| -46% | -$17.2M |
|
896
Federal Realty Investment Trust
FRT
$10.7B
| $20.1M | 0.03% |
151,677
+127,214
| +520% | +$16.4M |
|
|
SIX
897
DELISTED
Six Flags Entertainment Corp.
SIX
| $20.1M | 0.03% |
+302,485
| New | +$19.4M |
|
898
Keurig Dr Pepper
KDP
$43B
| $20.1M | 0.03% |
207,146
+45,439
| +28% | +$4.08M |
|
|
GGP
899
DELISTED
GGP Inc.
GGP
| $20.1M | 0.03% |
857,768
+53,626
| +7% | +$1.19M |
|
900
East-West Bancorp
EWBC
$17.9B
| $20M | 0.03% |
329,242
+216,148
| +191% | +$12.9M |
|
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.