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 | |
|---|---|---|---|---|---|---|
951
Align Technology
ALGN
$12.1B
| $15.4M | 0.02% |
82,586
-115,321
| -58% | -$19.7M |
|
952
Marvell Technology
MRVL
$189B
| $15.4M | 0.02% |
859,061
+399,503
| +87% | +$6.65M |
|
|
SAFM
953
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $15.3M | 0.02% |
+95,000
| New | +$13.2M |
|
954
Starwood Property Trust
STWD
$5.91B
| $15.3M | 0.02% |
704,671
+478,048
| +211% | +$10.5M |
|
|
ACC
955
DELISTED
American Campus Communities, Inc.
ACC
| $15.3M | 0.02% |
346,166
-695,374
| -67% | -$32.9M |
|
|
BBT
956
Beacon Financial Corp
BBT
$2.67B
| $15.2M | 0.02% |
393,230
-185,967
| -32% | -$6.56M |
|
957
Semtech
SMTC
$12.6B
| $15.1M | 0.02% |
402,187
+280,867
| +232% | +$10.5M |
|
958
American International
AIG
$42.4B
| $15.1M | 0.02% |
245,718
-1,529,134
| -86% | -$95.3M |
|
959
CALL
Emerson Electric
EMR
$87.5B
| $15.1M | 0.02% |
+240,000
| New | +$14.5M |
|
|
MBFI
960
DELISTED
MB Financial Corp
MBFI
| $15M | 0.02% |
333,975
+194,182
| +139% | +$8.04M |
|
961
Ingersoll Rand
IR
$34.2B
| $15M | 0.02% |
544,287
-528,283
| -49% | -$12.4M |
|
|
SJI
962
DELISTED
South Jersey Industries, Inc.
SJI
| $15M | 0.02% |
433,504
+415,227
| +2,272% | +$14.4M |
|
963
Ashland
ASH
$3.32B
| $15M | 0.02% |
228,824
-359,054
| -61% | -$22.9M |
|
|
CCMP
964
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $14.9M | 0.02% |
186,930
+95,631
| +105% | +$7.04M |
|
965
CALL
AB InBev
BUD
$165B
| $14.9M | 0.02% |
125,000
+25,000
| +25% | +$2.93M |
|
966
RingCentral
RNG
$5.18B
| $14.9M | 0.02% |
+356,851
| New | +$13.7M |
|
967
Akamai
AKAM
$17.2B
| $14.9M | 0.02% |
305,561
+294,804
| +2,741% | +$14.1M |
|
|
AUO
968
DELISTED
AU Optronics Corp
AUO
| $14.8M | 0.02% |
3,667,691
+147,625
| +4% | +$596K |
|
969
Nexstar Media Group
NXST
$5.74B
| $14.8M | 0.02% |
237,527
-413,715
| -64% | -$25.5M |
|
|
TTM
970
DELISTED
Tata Motors Limited
TTM
| $14.8M | 0.02% |
472,404
-61,925
| -12% | -$1.99M |
|
971
Compañía de Minas Buenaventura
BVN
$8.27B
| $14.7M | 0.02% |
1,153,056
+73,589
| +7% | +$929K |
|
|
EGOV
972
DELISTED
NIC Inc
EGOV
| $14.7M | 0.02% |
859,696
+432,904
| +101% | +$7.32M |
|
973
CALL
Kraft Heinz
KHC
$29.6B
| $14.7M | 0.02% |
190,000
+130,000
| +217% | +$10.9M |
|
974
Pool Corp
POOL
$7.31B
| $14.7M | 0.02% |
136,194
+127,831
| +1,529% | +$13.8M |
|
|
CELG
975
CALL
DELISTED
Celgene Corp
CELG
| $14.6M | 0.02% |
100,000
| – | – |
|
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.