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 | |
|---|---|---|---|---|---|---|
|
RWT
1176
Redwood Trust
RWT
$585M
| $12.7M | 0.02% |
857,374
+118,048
| +16% | +$1.83M |
|
1177
Piper Sandler
PIPR
$5.15B
| $12.7M | 0.02% |
587,876
-1,194,264
| -67% | -$21.5M |
|
1178
NorthWestern Energy
NWE
$4.29B
| $12.7M | 0.02% |
211,931
-98,248
| -32% | -$5.92M |
|
1179
UMB Financial
UMBF
$11.1B
| $12.6M | 0.02% |
175,733
+99,395
| +130% | +$7.3M |
|
1180
Patrick Industries
PATK
$2.79B
| $12.6M | 0.02% |
272,885
+197,710
| +263% | +$8.13M |
|
|
UMH
1181
UMH Properties
UMH
$1.3B
| $12.6M | 0.02% |
846,703
-67,838
| -7% | -$1.03M |
|
|
TPIC
1182
DELISTED
TPI Composites
TPIC
| $12.6M | 0.02% |
616,164
+128,081
| +26% | +$2.68M |
|
|
INST
1183
DELISTED
Instructure, Inc.
INST
| $12.5M | 0.02% |
379,110
+92,045
| +32% | +$3.13M |
|
1184
Sixth Street Specialty
TSLX
$1.64B
| $12.5M | 0.02% |
633,714
-252,736
| -29% | -$5.18M |
|
1185
Banco Bradesco
BBD
$37.9B
| $12.5M | 0.02% |
2,151,060
+1,513,588
| +237% | +$9.07M |
|
1186
Accuray
ARAY
$33.9M
| $12.5M | 0.02% |
2,910,522
-614,431
| -17% | -$2.82M |
|
|
EPZM
1187
DELISTED
Epizyme, Inc
EPZM
| $12.5M | 0.02% |
996,687
+359,547
| +56% | +$5.23M |
|
|
BBG
1188
DELISTED
Bill Barrett Corp
BBG
| $12.4M | 0.02% |
2,425,230
+1,543,634
| +175% | +$7.9M |
|
1189
Mohawk Industries
MHK
$7.29B
| $12.4M | 0.02% |
45,053
-248,954
| -85% | -$66.8M |
|
1190
CALL
Targa Resources
TRGP
$57.6B
| $12.4M | 0.02% |
+256,600
| New | +$11.5M |
|
|
WIFI
1191
DELISTED
Boingo Wireless, Inc.
WIFI
| $12.4M | 0.02% |
549,120
+65,956
| +14% | +$1.51M |
|
1192
BlackRock TCP Capital
TCPC
$273M
| $12.3M | 0.02% |
807,309
+27,509
| +4% | +$440K |
|
1193
Blackstone Mortgage Trust
BXMT
$2.53B
| $12.3M | 0.02% |
+383,099
| New | +$12.3M |
|
|
VIAB
1194
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $12.3M | 0.02% |
400,000
| – | – |
|
1195
Universal Insurance Holdings
UVE
$1.23B
| $12.3M | 0.02% |
450,303
+101,278
| +29% | +$2.54M |
|
|
VRS
1196
DELISTED
Verso Corporation
VRS
| $12.3M | 0.02% |
699,602
+367,356
| +111% | +$3.51M |
|
|
NBIS
1197
Nebius Group N.V.
NBIS
$47.8B
| $12.3M | 0.02% |
375,265
-144,337
| -28% | -$4.71M |
|
|
RP
1198
DELISTED
RealPage, Inc.
RP
| $12.3M | 0.02% |
277,289
+257,719
| +1,317% | +$11.2M |
|
|
VISN
1199
Vistance Networks Inc
VISN
$2.64B
| $12.2M | 0.02% |
322,777
+302,912
| +1,525% | +$10.6M |
|
1200
Alamos Gold
AGI
$11.9B
| $12.2M | 0.02% |
1,870,965
+1,518,292
| +431% | +$9.91M |
|
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.