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 | |
|---|---|---|---|---|---|---|
|
BPMC
1176
DELISTED
Blueprint Medicines
BPMC
| $11.1M | 0.02% |
+159,884
| New | +$8.54M |
|
1177
PUT
Moody's
MCO
$81.9B
| $11.1M | 0.02% |
+80,000
| New | +$10.5M |
|
|
VIAB
1178
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $11.1M | 0.02% |
+400,000
| New | +$12.3M |
|
1179
Customers Bancorp
CUBI
$2.77B
| $11M | 0.02% |
338,716
-33,475
| -9% | -$966K |
|
1180
PUT
Devon Energy
DVN
$47.4B
| $11M | 0.02% |
+300,000
| New | +$9.72M |
|
1181
White Mountains Insurance
WTM
$5.3B
| $11M | 0.02% |
12,806
+6,223
| +95% | +$5.35M |
|
1182
Littelfuse
LFUS
$11.7B
| $10.9M | 0.02% |
55,852
-5,804
| -9% | -$1.05M |
|
|
SEMG
1183
DELISTED
SEMGROUP CORPORATION
SEMG
| $10.9M | 0.02% |
380,370
+205,005
| +117% | +$5.33M |
|
|
MSGN
1184
DELISTED
MSG Networks Inc.
MSGN
| $10.9M | 0.02% |
515,569
+465,836
| +937% | +$9.9M |
|
|
TPIC
1185
DELISTED
TPI Composites
TPIC
| $10.9M | 0.02% |
488,083
-172,732
| -26% | -$3.45M |
|
|
TRST
1186
Trustco Bank Corp NY
TRST
$958M
| $10.9M | 0.02% |
244,102
+144,733
| +146% | +$5.77M |
|
1187
Bright Horizons
BFAM
$3.89B
| $10.9M | 0.02% |
125,991
-125,040
| -50% | -$9.97M |
|
1188
Century Aluminum
CENX
$4.55B
| $10.9M | 0.02% |
+654,889
| New | +$11.3M |
|
1189
Arcos Dorados Holdings
ARCO
$1.76B
| $10.8M | 0.02% |
1,108,580
-857,131
| -44% | -$7.41M |
|
1190
Enterprise Financial Services Corp
EFSC
$2.4B
| $10.8M | 0.02% |
255,669
+108,988
| +74% | +$4.31M |
|
1191
Winnebago Industries
WGO
$885M
| $10.8M | 0.02% |
241,758
+3,035
| +1% | +$112K |
|
1192
Stepan Co
SCL
$1.45B
| $10.7M | 0.02% |
128,355
+116,954
| +1,026% | +$9.62M |
|
1193
KRONOS Worldwide
KRO
$947M
| $10.7M | 0.02% |
470,227
+241,430
| +106% | +$4.96M |
|
|
FNGN
1194
DELISTED
Financial Engines, Inc.
FNGN
| $10.7M | 0.02% |
308,077
+62,120
| +25% | +$2.16M |
|
1195
Johnson Controls International
JCI
$93.6B
| $10.7M | 0.02% |
265,576
+72,126
| +37% | +$2.92M |
|
|
DMC
1196
Del Monte Corp
DMC
$1.41B
| $10.7M | 0.02% |
234,864
+222,465
| +1,794% | +$10.8M |
|
1197
Marriott International
MAR
$93.8B
| $10.7M | 0.02% |
96,677
-114,948
| -54% | -$11.8M |
|
|
DBVT
1198
DBV Technologies
DBVT
$864M
| $10.6M | 0.02% |
25,080
+7,718
| +44% | +$3.31M |
|
1199
Brink's
BCO
$4.65B
| $10.6M | 0.02% |
125,725
+91,877
| +271% | +$7M |
|
1200
ICICI Bank
IBN
$109B
| $10.6M | 0.02% |
1,237,161
+650,152
| +111% | +$5.94M |
|
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.