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 | |
|---|---|---|---|---|---|---|
1101
Arbor Realty Trust
ABR
$921M
| $14.2M | 0.02% |
1,645,564
+444,617
| +37% | +$3.78M |
|
1102
SPDR Gold Trust
GLD
$133B
| $14.2M | 0.02% |
114,757
+96,158
| +517% | +$11.7M |
|
1103
Sterling Infrastructure
STRL
$17.8B
| $14.2M | 0.02% |
+871,517
| New | +$14.4M |
|
|
ZAGG
1104
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $14.2M | 0.02% |
+766,968
| New | +$14.3M |
|
|
AD
1105
Array Digital Infrastructure
AD
$3.02B
| $14.1M | 0.02% |
375,410
+176,830
| +89% | +$6.39M |
|
1106
Entravision Communication
EVC
$1.07B
| $14.1M | 0.02% |
1,972,143
+1,555,499
| +373% | +$9.76M |
|
1107
CALL
TechnipFMC
FTI
$27.5B
| $14.1M | 0.02% |
+604,531
| New | +$12.5M |
|
|
CTT
1108
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $14.1M | 0.02% |
1,071,649
+902,238
| +533% | +$11.7M |
|
1109
Phibro Animal Health
PAHC
$1.48B
| $14.1M | 0.02% |
419,998
+164,424
| +64% | +$5.84M |
|
1110
CALL
Merck
MRK
$321B
| $14.1M | 0.02% |
+262,000
| New | +$14.5M |
|
1111
KBR
KBR
$4.36B
| $14.1M | 0.02% |
708,985
-506,492
| -42% | -$9.58M |
|
|
SNI
1112
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $14M | 0.02% |
163,979
+106,014
| +183% | +$8.76M |
|
1113
Sabre
SABR
$739M
| $14M | 0.02% |
682,208
+113,133
| +20% | +$2.17M |
|
|
BMS
1114
DELISTED
Bemis
BMS
| $14M | 0.02% |
292,443
-181,856
| -38% | -$8.41M |
|
|
SIR
1115
DELISTED
SELECT INCOME REIT
SIR
| $14M | 0.02% |
1,264,470
+521,196
| +70% | +$5.69M |
|
1116
Ternium
TX
$9.64B
| $14M | 0.02% |
442,018
-214,696
| -33% | -$6.43M |
|
1117
Alarm.com
ALRM
$2.68B
| $13.9M | 0.02% |
+368,927
| New | +$15.9M |
|
|
ATVI
1118
DELISTED
Activision Blizzard
ATVI
| $13.9M | 0.02% |
219,897
-741,450
| -77% | -$46.9M |
|
1119
Fulton Financial
FULT
$4.66B
| $13.9M | 0.02% |
776,919
+754,548
| +3,373% | +$13.9M |
|
|
SCHW
1120
PUT
Charles Schwab
SCHW
$181B
| $13.9M | 0.02% |
+270,000
| New | +$12.7M |
|
|
VSM
1121
DELISTED
Versum Materials, Inc.
VSM
| $13.8M | 0.02% |
365,420
-74,177
| -17% | -$2.89M |
|
1122
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $13.8M | 0.02% |
125,173
-203,388
| -62% | -$22.5M |
|
1123
Axcelis
ACLS
$3.85B
| $13.8M | 0.02% |
479,439
-120,722
| -20% | -$3.8M |
|
1124
Hanmi Financial
HAFC
$940M
| $13.8M | 0.02% |
453,365
+237,564
| +110% | +$7.33M |
|
1125
CALL
XPO
XPO
$23.4B
| $13.7M | 0.02% |
433,709
-144,570
| -25% | -$3.7M |
|
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.