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 | |
|---|---|---|---|---|---|---|
|
EPAY
1201
DELISTED
Bottomline Technologies Inc
EPAY
| $10.6M | 0.02% |
332,674
+87,864
| +36% | +$2.56M |
|
1202
Guidewire Software
GWRE
$13.3B
| $10.6M | 0.02% |
135,899
-256,412
| -65% | -$18.8M |
|
1203
FTI Consulting
FCN
$4.17B
| $10.6M | 0.02% |
297,919
+30,424
| +11% | +$1.02M |
|
1204
Expedia Group
EXPE
$36.8B
| $10.6M | 0.02% |
73,401
-679,116
| -90% | -$101M |
|
1205
Hilton Grand Vacations
HGV
$3.61B
| $10.6M | 0.02% |
273,483
-9,207
| -3% | -$333K |
|
1206
Chipotle Mexican Grill
CMG
$42.7B
| $10.6M | 0.02% |
+1,714,350
| New | +$11.5M |
|
|
PRA
1207
DELISTED
ProAssurance
PRA
| $10.5M | 0.02% |
192,387
+102,486
| +114% | +$5.8M |
|
|
HDS
1208
DELISTED
HD Supply Holdings, Inc.
HDS
| $10.5M | 0.02% |
290,580
+118,568
| +69% | +$3.81M |
|
1209
FIVE9
FIVN
$2.17B
| $10.5M | 0.02% |
438,283
-569,220
| -56% | -$12.3M |
|
|
VIVO
1210
DELISTED
Meridian Bioscience Inc
VIVO
| $10.5M | 0.02% |
731,335
+395,802
| +118% | +$5.65M |
|
1211
iShares Core US Aggregate Bond ETF
AGG
$137B
| $10.4M | 0.02% |
95,222
+47,561
| +100% | +$5.22M |
|
1212
PUT
Helmerich & Payne
HP
$3.7B
| $10.4M | 0.02% |
+200,000
| New | +$9.89M |
|
1213
Adtran
ADTN
$611M
| $10.4M | 0.02% |
433,528
+274,091
| +172% | +$6.06M |
|
1214
MarketAxess Holdings
MKTX
$5.72B
| $10.4M | 0.02% |
+56,309
| New | +$10.8M |
|
1215
Harley-Davidson
HOG
$2.67B
| $10.4M | 0.02% |
214,887
+182,785
| +569% | +$8.9M |
|
|
PTR
1216
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $10.4M | 0.02% |
161,592
+25,964
| +19% | +$1.65M |
|
1217
PUT
iShares MSCI South Korea ETF
EWY
$23.8B
| $10.4M | 0.02% |
150,000
+50,000
| +50% | +$3.44M |
|
|
MNDT
1218
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $10.4M | 0.02% |
617,739
+572,188
| +1,256% | +$8.79M |
|
|
WIFI
1219
DELISTED
Boingo Wireless, Inc.
WIFI
| $10.3M | 0.02% |
483,164
+318,571
| +194% | +$5.85M |
|
|
APTI
1220
DELISTED
Apptio, Inc. Class A Common Stock
APTI
| $10.3M | 0.02% |
557,870
+383,938
| +221% | +$6.62M |
|
1221
Sabre
SABR
$886M
| $10.3M | 0.02% |
569,075
-717,920
| -56% | -$13.9M |
|
|
BID
1222
DELISTED
Sotheby's
BID
| $10.3M | 0.02% |
222,867
+144,215
| +183% | +$7.12M |
|
|
ORBK
1223
DELISTED
Orbotech Ltd
ORBK
| $10.3M | 0.02% |
243,034
+219,987
| +955% | +$8.4M |
|
|
KERX
1224
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $10.3M | 0.02% |
1,444,625
-411,214
| -22% | -$2.96M |
|
1225
Liberty Media Series C
FWONK
$25B
| $10.2M | 0.02% |
+278,285
| New | +$9.73M |
|
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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.