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 | |
|---|---|---|---|---|---|---|
|
VRNT
1101
DELISTED
Verint Systems
VRNT
| $12.5M | 0.02% |
585,606
+21,821
| +4% | +$440K |
|
1102
Houlihan Lokey
HLI
$8.92B
| $12.5M | 0.02% |
318,769
+1,631
| +0.5% | +$59.6K |
|
|
SASR
1103
DELISTED
Sandy Spring Bancorp Inc
SASR
| $12.5M | 0.02% |
300,482
+95,920
| +47% | +$3.77M |
|
1104
Sanofi
SNY
$103B
| $12.4M | 0.02% |
250,000
-50,000
| -17% | -$2.42M |
|
1105
Itron
ITRI
$4.5B
| $12.4M | 0.02% |
160,635
+93,353
| +139% | +$6.77M |
|
1106
First Bancorp
FBP
$4.44B
| $12.4M | 0.02% |
2,426,262
-2,066,004
| -46% | -$11.8M |
|
1107
Republic Services
RSG
$64.5B
| $12.4M | 0.02% |
187,977
+29,967
| +19% | +$1.95M |
|
|
COUP
1108
DELISTED
Coupa Software Incorporated
COUP
| $12.4M | 0.02% |
397,525
+287,565
| +262% | +$8.77M |
|
|
FRC
1109
DELISTED
First Republic Bank
FRC
| $12.4M | 0.02% |
118,305
-4,243
| -3% | -$421K |
|
1110
Hain Celestial
HAIN
$53.5M
| $12.3M | 0.02% |
299,410
+15,733
| +6% | +$650K |
|
1111
Grupo Aeroportuario Centro Norte
OMAB
$5.37B
| $12.3M | 0.02% |
277,409
+151,436
| +120% | +$7.36M |
|
1112
Collegium Pharmaceutical
COLL
$944M
| $12.3M | 0.02% |
1,172,797
+823,208
| +235% | +$9.08M |
|
1113
Booking.com
BKNG
$156B
| $12.3M | 0.02% |
167,700
+156,025
| +1,336% | +$11.8M |
|
1114
CALL
Mondelez International
MDLZ
$80.1B
| $12.3M | 0.02% |
302,000
-203,000
| -40% | -$8.62M |
|
1115
Criteo S.A. Ordinary Shares
CRTO
$883M
| $12.2M | 0.02% |
294,933
+24,115
| +9% | +$1.15M |
|
1116
Pinnacle Financial Partners Inc
PNFP
$16.1B
| $12.2M | 0.02% |
182,121
+17,665
| +11% | +$1.11M |
|
1117
Greif
GEF
$5.07B
| $12.2M | 0.02% |
207,924
+189,204
| +1,011% | +$10.8M |
|
1118
Tronox
TROX
$1.11B
| $12.2M | 0.02% |
576,224
-50,437
| -8% | -$1M |
|
|
AMRN
1119
Amarin Corp
AMRN
$301M
| $12.2M | 0.02% |
173,626
+77,228
| +80% | +$5.47M |
|
1120
Pentair
PNR
$11.2B
| $12.1M | 0.02% |
266,049
+121,924
| +85% | +$5.24M |
|
|
EPZM
1121
DELISTED
Epizyme, Inc
EPZM
| $12.1M | 0.02% |
637,140
+97,056
| +18% | +$1.48M |
|
1122
Warrior Met Coal
HCC
$4.73B
| $12.1M | 0.02% |
+514,828
| New | +$11.8M |
|
1123
Patterson-UTI
PTEN
$3.83B
| $12.1M | 0.02% |
578,558
-3,005,914
| -84% | -$55.4M |
|
1124
CEMIG Preferred Shares
CIG
$6.12B
| $12.1M | 0.02% |
9,568,632
+7,540,073
| +372% | +$10.3M |
|
|
XENT
1125
DELISTED
Intersect ENT, Inc
XENT
| $12.1M | 0.02% |
387,313
-519,134
| -57% | -$15.4M |
|
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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.