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 | |
|---|---|---|---|---|---|---|
1126
Sea Limited
SE
$65.1B
| $13.7M | 0.02% |
+1,024,546
| New | +$14M |
|
1127
Macerich
MAC
$7.22B
| $13.7M | 0.02% |
207,874
+123,273
| +146% | +$7.54M |
|
1128
Progress Software
PRGS
$1.65B
| $13.6M | 0.02% |
319,946
-40,503
| -11% | -$1.69M |
|
1129
Synchrony
SYF
$25.1B
| $13.6M | 0.02% |
352,364
-1,057,596
| -75% | -$36.2M |
|
1130
Aon
AON
$78.3B
| $13.6M | 0.02% |
101,268
+55,439
| +121% | +$7.89M |
|
1131
PUT
S&P Global
SPGI
$122B
| $13.6M | 0.02% |
80,000
+30,000
| +60% | +$4.9M |
|
|
ISBC
1132
DELISTED
Investors Bancorp, Inc.
ISBC
| $13.5M | 0.02% |
973,823
+582,243
| +149% | +$8.07M |
|
|
CA
1133
DELISTED
CA, Inc.
CA
| $13.5M | 0.02% |
405,021
+145,235
| +56% | +$4.82M |
|
|
CERN
1134
PUT
DELISTED
Cerner Corp
CERN
| $13.5M | 0.02% |
+200,000
| New | +$13.8M |
|
1135
AtriCure
ATRC
$2.04B
| $13.4M | 0.02% |
736,960
-351,403
| -32% | -$6.96M |
|
1136
MetLife
MET
$62.5B
| $13.3M | 0.02% |
263,934
+97,612
| +59% | +$5.14M |
|
|
SASR
1137
DELISTED
Sandy Spring Bancorp Inc
SASR
| $13.3M | 0.02% |
341,864
+41,382
| +14% | +$1.66M |
|
1138
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $13.3M | 0.02% |
350,372
+206,658
| +144% | +$7.93M |
|
|
NXRT
1139
NexPoint Residential Trust
NXRT
$677M
| $13.3M | 0.02% |
477,383
+382,804
| +405% | +$10.1M |
|
1140
CALL
Freeport-McMoran
FCX
$91.2B
| $13.3M | 0.02% |
+700,000
| New | +$10.6M |
|
1141
Enterprise Financial Services Corp
EFSC
$2.39B
| $13.3M | 0.02% |
293,598
+37,929
| +15% | +$1.66M |
|
1142
WaFd
WAFD
$2.69B
| $13.3M | 0.02% |
386,926
+329,688
| +576% | +$11.3M |
|
1143
Encore Capital Group
ECPG
$2.02B
| $13.2M | 0.02% |
+314,112
| New | +$14.3M |
|
1144
CenterPoint Energy
CNP
$27.8B
| $13.2M | 0.02% |
465,729
-100,127
| -18% | -$2.92M |
|
1145
Gentherm
THRM
$1.3B
| $13.2M | 0.02% |
415,081
+31,932
| +8% | +$1.1M |
|
1146
Hecla Mining
HL
$10B
| $13.2M | 0.02% |
+3,315,215
| New | +$14.4M |
|
1147
LG Display
LPL
$2.98B
| $13.1M | 0.02% |
953,621
-286,099
| -23% | -$3.85M |
|
|
GRMN
1148
Garmin
GRMN
$57.4B
| $13.1M | 0.02% |
219,794
+123,612
| +129% | +$7.25M |
|
1149
Huntington Ingalls Industries
HII
$12.6B
| $13.1M | 0.02% |
55,540
+27,179
| +96% | +$6.41M |
|
|
AUO
1150
DELISTED
AU Optronics Corp
AUO
| $13.1M | 0.02% |
3,145,041
-522,650
| -14% | -$2.17M |
|
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.