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 | |
|---|---|---|---|---|---|---|
76
Western Alliance Bancorporation
WAL
$8.79B
| $128M | 0.23% |
2,603,011
-235,728
| -8% | -$11.2M |
|
77
Puma Biotechnology
PBYI
$404M
| $127M | 0.23% |
1,455,361
+650,356
| +81% | +$36.4M |
|
78
Vulcan Materials
VMC
$34.8B
| $127M | 0.23% |
999,849
-408,338
| -29% | -$51.3M |
|
79
Elevance Health
ELV
$81.5B
| $127M | 0.23% |
672,940
+457,015
| +212% | +$82.1M |
|
80
Cigna
CI
$73.7B
| $127M | 0.23% |
755,943
-98,904
| -12% | -$15.9M |
|
81
Marathon Petroleum
MPC
$92.4B
| $125M | 0.22% |
2,396,771
+1,216,861
| +103% | +$62.9M |
|
82
Canadian Pacific Kansas City
CP
$78.1B
| $125M | 0.22% |
3,874,495
+1,336,625
| +53% | +$41.4M |
|
83
Waters Corp
WAT
$37B
| $125M | 0.22% |
677,519
+453,011
| +202% | +$78.7M |
|
84
Charles River Laboratories
CRL
$11.2B
| $124M | 0.22% |
1,228,039
+208,111
| +20% | +$19.2M |
|
85
GSK
GSK
$104B
| $123M | 0.22% |
2,275,773
+1,855,666
| +442% | +$98.9M |
|
|
IBKC
86
DELISTED
IBERIABANK Corp
IBKC
| $121M | 0.22% |
1,488,980
+10,075
| +0.7% | +$800K |
|
|
SWN
87
DELISTED
Southwestern Energy Company
SWN
| $121M | 0.22% |
19,851,687
-384,278
| -2% | -$2.65M |
|
88
Kimberly-Clark
KMB
$36.3B
| $121M | 0.22% |
934,137
+198,852
| +27% | +$25.9M |
|
|
PF
89
DELISTED
Pinnacle Foods, Inc.
PF
| $120M | 0.21% |
2,020,598
-280,339
| -12% | -$16.8M |
|
90
Alphabet (Google) Class A
GOOGL
$4.36T
| $120M | 0.21% |
2,573,480
+2,052,200
| +394% | +$96M |
|
91
PUT
Intel
INTC
$455B
| $118M | 0.21% |
3,500,000
+2,500,000
| +250% | +$89.5M |
|
92
Thermo Fisher Scientific
TMO
$213B
| $115M | 0.21% |
659,639
-104,850
| -14% | -$17.6M |
|
93
Dollar Tree
DLTR
$24.4B
| $113M | 0.2% |
1,620,956
+1,173,945
| +263% | +$90.6M |
|
94
Expedia Group
EXPE
$35.4B
| $112M | 0.2% |
752,517
-96,389
| -11% | -$13.5M |
|
95
Zoetis
ZTS
$32.4B
| $112M | 0.2% |
1,795,686
+1,177,595
| +191% | +$69.5M |
|
96
Chemours
CC
$2.5B
| $112M | 0.2% |
2,941,150
+1,341,578
| +84% | +$52.9M |
|
97
Caterpillar
CAT
$375B
| $111M | 0.2% |
1,035,694
+927,196
| +855% | +$94.2M |
|
98
American International
AIG
$41.7B
| $111M | 0.2% |
1,774,852
+1,387,558
| +358% | +$86.2M |
|
99
Range Resources
RRC
$9.38B
| $110M | 0.2% |
4,748,866
-2,935,215
| -38% | -$74M |
|
|
100
PUT
Bank of America
BAC
$435B
| $109M | 0.19% |
+4,500,000
| New | +$105M |
|
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.