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 | |
|---|---|---|---|---|---|---|
101
Coca-Cola
KO
$372B
| $121M | 0.18% |
2,678,517
+1,250,787
| +88% | +$56.9M |
|
102
Corpay
CPAY
$25.9B
| $120M | 0.18% |
776,917
+494,289
| +175% | +$72.6M |
|
103
Alcoa
AA
$12.4B
| $118M | 0.18% |
2,530,847
-700,686
| -22% | -$28M |
|
104
Progressive
PGR
$123B
| $118M | 0.18% |
2,429,210
+956,188
| +65% | +$44.7M |
|
|
PRAH
105
DELISTED
PRA Health Sciences, Inc.
PRAH
| $117M | 0.18% |
1,541,778
+837,774
| +119% | +$63.3M |
|
106
CME Group
CME
$94.4B
| $117M | 0.18% |
859,764
+581,541
| +209% | +$73.5M |
|
107
Adobe
ADBE
$102B
| $117M | 0.18% |
781,916
+498,007
| +175% | +$74.3M |
|
108
Broadcom
AVGO
$1.99T
| $115M | 0.18% |
4,752,350
-2,594,590
| -35% | -$64.1M |
|
109
Viasat
VSAT
$11.9B
| $115M | 0.17% |
1,782,540
-358,523
| -17% | -$22.7M |
|
|
PE
110
DELISTED
PARSLEY ENERGY INC
PE
| $115M | 0.17% |
4,348,813
-266,526
| -6% | -$7.03M |
|
111
Apple
AAPL
$4.52T
| $112M | 0.17% |
2,918,784
-1,729,668
| -37% | -$67.1M |
|
112
Westlake Corp
WLK
$10.3B
| $112M | 0.17% |
1,343,043
+942,913
| +236% | +$69.3M |
|
|
QEP
113
DELISTED
QEP RESOURCES, INC.
QEP
| $111M | 0.17% |
12,952,678
+4,321,287
| +50% | +$35.3M |
|
114
Hancock Whitney
HWC
$6.32B
| $111M | 0.17% |
2,285,926
+66,988
| +3% | +$3.07M |
|
115
Ralph Lauren
RL
$22.5B
| $110M | 0.17% |
1,245,724
+242,002
| +24% | +$19.9M |
|
116
Delek US
DK
$4.06B
| $110M | 0.17% |
+4,107,259
| New | +$103M |
|
117
Brixmor Property Group
BRX
$9.57B
| $109M | 0.17% |
5,791,433
+2,610,756
| +82% | +$49.6M |
|
118
Southwest Airlines
LUV
$23.8B
| $109M | 0.17% |
1,938,940
+1,028,410
| +113% | +$57.7M |
|
119
State Street Energy Select Sector SPDR ETF
XLE
$38.4B
| $108M | 0.16% |
3,160,146
-3,220,262
| -50% | -$105M |
|
120
Alphabet (Google) Class A
GOOGL
$4.62T
| $108M | 0.16% |
2,218,000
-355,480
| -14% | -$16.9M |
|
|
RDS.A
121
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $108M | 0.16% |
1,779,482
+610,480
| +52% | +$34.1M |
|
122
Ovintiv
OVV
$16.8B
| $108M | 0.16% |
1,826,383
+426,577
| +30% | +$20.8M |
|
123
Thomson Reuters
TRI
$47.6B
| $106M | 0.16% |
1,984,704
+574,967
| +41% | +$30.7M |
|
124
Newmont
NEM
$103B
| $105M | 0.16% |
2,796,495
+1,342,087
| +92% | +$48.7M |
|
125
SM Energy
SM
$7.44B
| $104M | 0.16% |
5,865,379
+838,012
| +17% | +$13.1M |
|
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.