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 | |
|---|---|---|---|---|---|---|
|
CSGS
1051
DELISTED
CSG Systems International
CSGS
| $15.6M | 0.02% |
357,039
-120,072
| -25% | -$5.18M |
|
1052
Stepan Co
SCL
$1.48B
| $15.6M | 0.02% |
197,485
+69,130
| +54% | +$5.68M |
|
|
TIF
1053
CALL
DELISTED
Tiffany & Co.
TIF
| $15.6M | 0.02% |
+150,000
| New | +$14.3M |
|
|
CHUY
1054
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $15.6M | 0.02% |
554,946
+182,923
| +49% | +$4.33M |
|
1055
Gibraltar Industries
ROCK
$1.27B
| $15.5M | 0.02% |
468,864
+163,762
| +54% | +$5.23M |
|
|
ESL
1056
DELISTED
Esterline Technologies
ESL
| $15.4M | 0.02% |
206,009
+57,209
| +38% | +$4.7M |
|
1057
YPF
YPF
$20.4B
| $15.4M | 0.02% |
670,838
-426,090
| -39% | -$9.77M |
|
1058
CALL
Tower Semiconductor
TSEM
$23.9B
| $15.3M | 0.02% |
450,000
-75,000
| -14% | -$2.49M |
|
|
ASRT
1059
DELISTED
Assertio
ASRT
| $15.3M | 0.02% |
31,744
+10,165
| +47% | +$3.95M |
|
1060
Murphy Oil
MUR
$5.48B
| $15.3M | 0.02% |
493,323
+431,249
| +695% | +$12M |
|
1061
Intel
INTC
$460B
| $15.3M | 0.02% |
331,505
+229,534
| +225% | +$10M |
|
1062
Intuit
INTU
$86.3B
| $15.3M | 0.02% |
96,970
-444,917
| -82% | -$67.8M |
|
1063
Akebia Therapeutics
AKBA
$362M
| $15.2M | 0.02% |
1,024,492
+240,692
| +31% | +$3.99M |
|
1064
RPC Inc
RES
$1.2B
| $15.2M | 0.02% |
596,027
-735,131
| -55% | -$17.7M |
|
1065
WEX
WEX
$6.35B
| $15.2M | 0.02% |
107,514
-73,674
| -41% | -$9.22M |
|
1066
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$32.5B
| $15.1M | 0.02% |
+200,000
| New | +$14.6M |
|
1067
Sensient Technologies
SXT
$5.28B
| $15.1M | 0.02% |
205,902
+75,680
| +58% | +$5.77M |
|
1068
ICF International
ICFI
$1.46B
| $15M | 0.02% |
285,726
+246,695
| +632% | +$13.3M |
|
|
TXNM
1069
TXNM Energy Inc
TXNM
$6.42B
| $15M | 0.02% |
370,119
+254,659
| +221% | +$10.9M |
|
|
1070
Honeywell
HON
$76.7B
| $15M | 0.02% |
107,930
-1,604,437
| -94% | -$215M |
|
1071
Comfort Systems
FIX
$59.8B
| $14.9M | 0.02% |
341,556
+271,395
| +387% | +$11.1M |
|
1072
Grand Canyon Education
LOPE
$3.98B
| $14.9M | 0.02% |
166,376
+162,680
| +4,402% | +$14.7M |
|
1073
8x8 Inc
EGHT
$262M
| $14.9M | 0.02% |
1,055,821
+1,021,232
| +2,952% | +$14.1M |
|
1074
National Bank Holdings
NBHC
$1.9B
| $14.8M | 0.02% |
457,911
+397,250
| +655% | +$13.2M |
|
1075
RE/MAX Holdings
RMAX
$198M
| $14.8M | 0.02% |
+305,383
| New | +$17.5M |
|
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.