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 | |
|---|---|---|---|---|---|---|
951
MidCap Financial Investment
MFIC
$796M
| $12.1M | 0.02% |
632,257
+246,740
| +64% | +$4.8M |
|
952
CALL
Baxter International
BAX
$13.8B
| $12.1M | 0.02% |
200,000
| – | – |
|
|
QCP
953
DELISTED
Quality Care Properties, Inc.
QCP
| $12M | 0.02% |
655,868
-743,530
| -53% | -$13.4M |
|
954
Restaurant Brands International
QSR
$25.8B
| $12M | 0.02% |
192,007
-487,344
| -72% | -$28.7M |
|
955
Western Union
WU
$2.4B
| $12M | 0.02% |
628,945
+569,779
| +963% | +$11M |
|
956
Central Pacific Financial
CPF
$1.02B
| $12M | 0.02% |
379,944
+146,825
| +63% | +$4.55M |
|
|
RAD
957
DELISTED
Rite Aid Corporation
RAD
| $11.9M | 0.02% |
202,432
+46,083
| +29% | +$3.48M |
|
|
PF
958
CALL
DELISTED
Pinnacle Foods, Inc.
PF
| $11.9M | 0.02% |
200,000
+50,000
| +33% | +$2.99M |
|
959
NorthWestern Energy
NWE
$4.29B
| $11.9M | 0.02% |
194,235
+131,060
| +207% | +$8M |
|
|
CQH
960
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $11.8M | 0.02% |
438,760
-76,270
| -15% | -$1.96M |
|
|
VR
961
DELISTED
Validus Hold Ltd
VR
| $11.7M | 0.02% |
225,190
+150,383
| +201% | +$8.1M |
|
|
VRNT
962
DELISTED
Verint Systems
VRNT
| $11.7M | 0.02% |
+563,785
| New | +$11.7M |
|
|
DERM
963
DELISTED
Dermira, Inc.
DERM
| $11.7M | 0.02% |
400,959
+366,606
| +1,067% | +$11.1M |
|
964
Darling Ingredients
DAR
$9.69B
| $11.6M | 0.02% |
740,073
-46,111
| -6% | -$712K |
|
|
FBR
965
DELISTED
Fibria Celulose Sa
FBR
| $11.6M | 0.02% |
1,144,293
-328,479
| -22% | -$3.29M |
|
966
Cincinnati Financial
CINF
$26.8B
| $11.6M | 0.02% |
+160,420
| New | +$11.4M |
|
|
HMSY
967
DELISTED
HMS Holdings Corp.
HMSY
| $11.6M | 0.02% |
625,704
-5,911
| -0.9% | -$114K |
|
|
ARNA
968
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $11.6M | 0.02% |
685,525
+508,713
| +288% | +$6.98M |
|
969
NCR Voyix
VYX
$1.12B
| $11.5M | 0.02% |
460,716
-433,280
| -48% | -$11M |
|
|
LTC
970
LTC Properties
LTC
$2.06B
| $11.5M | 0.02% |
224,580
+78,336
| +54% | +$3.83M |
|
|
CTB
971
DELISTED
Cooper Tire & Rubber Co.
CTB
| $11.5M | 0.02% |
319,245
+236,736
| +287% | +$9.14M |
|
972
Graphic Packaging
GPK
$3.24B
| $11.5M | 0.02% |
835,986
-4,159,379
| -83% | -$55.8M |
|
973
Watts Water Technologies
WTS
$11.5B
| $11.5M | 0.02% |
182,187
+114,924
| +171% | +$7.17M |
|
|
FOE
974
DELISTED
Ferro Corporation
FOE
| $11.5M | 0.02% |
629,373
+346,244
| +122% | +$5.93M |
|
975
First American
FAF
$7.71B
| $11.5M | 0.02% |
257,194
-182,949
| -42% | -$7.74M |
|
Similar funds
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.