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 | |
|---|---|---|---|---|---|---|
1001
Dave & Buster's
PLAY
$351M
| $14.2M | 0.02% |
269,809
+184,768
| +217% | +$11M |
|
|
GNMK
1002
DELISTED
GenMark Diagnostics, Inc
GNMK
| $14.2M | 0.02% |
1,469,434
+290,343
| +25% | +$3.02M |
|
1003
AMC Global Media
AMCX
$490M
| $14.1M | 0.02% |
241,874
-110,994
| -31% | -$6.61M |
|
|
SGMO
1004
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $14.1M | 0.02% |
942,097
+465,953
| +98% | +$5.15M |
|
1005
American Express
AXP
$231B
| $14.1M | 0.02% |
156,168
+85,147
| +120% | +$7.32M |
|
1006
Navient
NAVI
$892M
| $14.1M | 0.02% |
940,444
+756,531
| +411% | +$11M |
|
1007
Accuray
ARAY
$33.8M
| $14.1M | 0.02% |
3,524,953
+220,755
| +7% | +$948K |
|
1008
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $14.1M | 0.02% |
260,817
-823,522
| -76% | -$45.2M |
|
1009
CALL
Molson Coors Class B
TAP
$7.95B
| $14M | 0.02% |
172,000
+143,000
| +493% | +$12.6M |
|
1010
Robert Half
RHI
$4.16B
| $14M | 0.02% |
278,256
+106,535
| +62% | +$4.92M |
|
1011
Bank of Hawaii
BOH
$3.12B
| $14M | 0.02% |
167,962
+129,582
| +338% | +$10.5M |
|
1012
Packaging Corp of America
PKG
$22.5B
| $14M | 0.02% |
122,040
-502,492
| -80% | -$56.2M |
|
|
AGEN
1013
Agenus
AGEN
$312M
| $14M | 0.02% |
161,680
+51,616
| +47% | +$4.18M |
|
|
MNR
1014
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $14M | 0.02% |
863,452
+137,826
| +19% | +$2.15M |
|
1015
Axalta
AXTA
$8.03B
| $14M | 0.02% |
482,977
+235,105
| +95% | +$7.11M |
|
1016
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $13.9M | 0.02% |
114,900
+66,478
| +137% | +$8.03M |
|
1017
Strategy Inc
MSTR
$37.2B
| $13.9M | 0.02% |
1,089,720
+798,610
| +274% | +$11.6M |
|
|
PCH
1018
DELISTED
PotlatchDeltic
PCH
| $13.9M | 0.02% |
272,726
+259,312
| +1,933% | +$12.3M |
|
1019
CNO Financial Group
CNO
$5.14B
| $13.9M | 0.02% |
595,711
-98,833
| -14% | -$2.21M |
|
1020
Lincoln Electric
LECO
$15.2B
| $13.9M | 0.02% |
+151,488
| New | +$13.5M |
|
|
YELL
1021
DELISTED
Yellow Corporation Common Stock
YELL
| $13.9M | 0.02% |
1,004,067
+930,373
| +1,262% | +$11.7M |
|
1022
Vanguard Real Estate ETF
VNQ
$38.8B
| $13.8M | 0.02% |
166,548
-4,273
| -3% | -$357K |
|
|
SUPV
1023
Grupo Supervielle
SUPV
$763M
| $13.8M | 0.02% |
558,906
+233,060
| +72% | +$4.58M |
|
|
WEB
1024
DELISTED
Web.com Group, Inc.
WEB
| $13.8M | 0.02% |
551,082
+250,979
| +84% | +$6.02M |
|
1025
Herbalife
HLF
$1.19B
| $13.8M | 0.02% |
406,146
+355,056
| +695% | +$12.2M |
|
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.