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 | |
|---|---|---|---|---|---|---|
1076
Telecom Argentina
TEO
$5.94B
| $12.9M | 0.02% |
419,485
+128,523
| +44% | +$3.78M |
|
1077
CALL
State Street Financial Select Sector SPDR ETF
XLF
$58.4B
| $12.9M | 0.02% |
500,000
-250,000
| -33% | -$6.24M |
|
1078
Tactile Systems Technology
TCMD
$651M
| $12.9M | 0.02% |
417,517
+87,039
| +26% | +$2.76M |
|
1079
CNA Financial
CNA
$14.2B
| $12.9M | 0.02% |
256,672
+244,858
| +2,073% | +$12.2M |
|
|
COWN
1080
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $12.9M | 0.02% |
724,045
+213,323
| +42% | +$3.49M |
|
1081
Halozyme
HALO
$10.2B
| $12.9M | 0.02% |
741,437
+151,178
| +26% | +$2.05M |
|
1082
Terex
TEX
$7.47B
| $12.9M | 0.02% |
285,857
+128,394
| +82% | +$5.08M |
|
|
AERI
1083
DELISTED
Aerie Pharmaceuticals
AERI
| $12.9M | 0.02% |
264,798
-208,658
| -44% | -$11.4M |
|
1084
BlackRock TCP Capital
TCPC
$327M
| $12.9M | 0.02% |
779,800
+313,554
| +67% | +$5.18M |
|
1085
Kinross Gold
KGC
$30.4B
| $12.8M | 0.02% |
3,021,425
-5,351,032
| -64% | -$22.9M |
|
1086
Xylem
XYL
$28.2B
| $12.8M | 0.02% |
204,393
+118,305
| +137% | +$7.07M |
|
|
LGF.B
1087
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $12.8M | 0.02% |
402,571
+32,829
| +9% | +$919K |
|
1088
CALL
NRG Energy
NRG
$25.1B
| $12.8M | 0.02% |
+500,000
| New | +$11.8M |
|
1089
ITT
ITT
$19.2B
| $12.8M | 0.02% |
288,419
+71,667
| +33% | +$2.95M |
|
1090
Lamb Weston
LW
$7.16B
| $12.8M | 0.02% |
272,016
-1,032,459
| -79% | -$46.3M |
|
|
CHCT
1091
Community Healthcare Trust
CHCT
$446M
| $12.7M | 0.02% |
469,485
+259,253
| +123% | +$6.68M |
|
1092
Alkermes
ALKS
$8.11B
| $12.7M | 0.02% |
248,841
-1,217,472
| -83% | -$65.1M |
|
|
VG
1093
DELISTED
Vonage Holdings Corporation
VG
| $12.6M | 0.02% |
1,553,982
+1,222,185
| +368% | +$9.2M |
|
|
NUAN
1094
DELISTED
Nuance Communications, Inc.
NUAN
| $12.6M | 0.02% |
929,053
+333,149
| +56% | +$4.76M |
|
1095
CRH
CRH
$65B
| $12.6M | 0.02% |
333,101
-204,674
| -38% | -$7.24M |
|
1096
Yelp
YELP
$1.38B
| $12.6M | 0.02% |
290,966
-279,578
| -49% | -$10.8M |
|
1097
Landstar System
LSTR
$6.01B
| $12.6M | 0.02% |
126,185
-117,425
| -48% | -$10.4M |
|
|
OCLR
1098
DELISTED
Oclaro Inc.
OCLR
| $12.6M | 0.02% |
1,456,547
+511,239
| +54% | +$4.61M |
|
1099
MasTec
MTZ
$20.8B
| $12.6M | 0.02% |
270,831
+76,860
| +40% | +$3.35M |
|
1100
Molina Healthcare
MOH
$10B
| $12.6M | 0.02% |
182,518
-34,843
| -16% | -$2.27M |
|
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.