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 | |
|---|---|---|---|---|---|---|
1001
Urban Outfitters
URBN
$6.49B
| $17.1M | 0.02% |
+487,304
| New | +$13.7M |
|
1002
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $17.1M | 0.02% |
215,572
+3,411
| +2% | +$271K |
|
|
STOR
1003
DELISTED
STORE Capital Corporation
STOR
| $17M | 0.02% |
+654,434
| New | +$16.7M |
|
|
GPT
1004
DELISTED
Gramercy Property Trust
GPT
| $17M | 0.02% |
637,755
-493,562
| -44% | -$14.3M |
|
1005
Globe Life
GL
$14.2B
| $17M | 0.02% |
187,094
+131,575
| +237% | +$11.3M |
|
|
YELL
1006
DELISTED
Yellow Corporation Common Stock
YELL
| $16.9M | 0.02% |
1,176,890
+172,823
| +17% | +$2.28M |
|
1007
PUT
Nike
NKE
$62.7B
| $16.9M | 0.02% |
+270,000
| New | +$15.5M |
|
|
LFC
1008
DELISTED
China Life Insurance Company Ltd.
LFC
| $16.9M | 0.02% |
1,080,728
-111,652
| -9% | -$1.81M |
|
|
CAVM
1009
DELISTED
Cavium, Inc.
CAVM
| $16.9M | 0.02% |
201,217
-164,795
| -45% | -$12.7M |
|
1010
PUT
Whirlpool
WHR
$2.47B
| $16.9M | 0.02% |
+100,000
| New | +$16.9M |
|
1011
Qiagen
QGEN
$8.55B
| $16.8M | 0.02% |
512,758
-243,851
| -32% | -$8.4M |
|
|
APTI
1012
DELISTED
Apptio, Inc. Class A Common Stock
APTI
| $16.8M | 0.02% |
713,691
+155,821
| +28% | +$3.31M |
|
1013
Azenta
AZTA
$1.33B
| $16.7M | 0.02% |
702,278
-414,434
| -37% | -$11.8M |
|
1014
Hilton Grand Vacations
HGV
$3.64B
| $16.7M | 0.02% |
398,528
+125,045
| +46% | +$5.09M |
|
1015
Crane NXT
CXT
$2.97B
| $16.7M | 0.02% |
539,070
-80,989
| -13% | -$2.37M |
|
1016
Corning
GLW
$116B
| $16.7M | 0.02% |
522,099
+374,840
| +255% | +$11.8M |
|
|
AJRD
1017
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $16.6M | 0.02% |
533,500
-257,990
| -33% | -$8.17M |
|
1018
IQVIA
IQV
$39.1B
| $16.6M | 0.02% |
169,342
+138,491
| +449% | +$14.1M |
|
|
DCPH
1019
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $16.5M | 0.02% |
728,583
+40,352
| +6% | +$790K |
|
1020
CAE Inc. Common Shares
CAE
$8.31B
| $16.5M | 0.02% |
889,326
-133,845
| -13% | -$2.37M |
|
|
CSFL
1021
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $16.5M | 0.02% |
641,090
+325,660
| +103% | +$8.68M |
|
1022
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $16.5M | 0.02% |
248,598
+66,477
| +37% | +$4.42M |
|
1023
Liberty Global Class A
LBTYA
$3.56B
| $16.4M | 0.02% |
458,839
+372,854
| +434% | +$11.9M |
|
1024
JELD-WEN Holding
JELD
$117M
| $16.4M | 0.02% |
417,457
-39,943
| -9% | -$1.48M |
|
1025
W.R. Berkley
WRB
$27.2B
| $16.4M | 0.02% |
772,791
+719,412
| +1,348% | +$14.7M |
|
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.