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 | |
|---|---|---|---|---|---|---|
1251
Coca-Cola Femsa
KOF
$23B
| $9.91M | 0.02% |
128,503
+85,532
| +199% | +$7.13M |
|
1252
TriCo Bancshares
TCBK
$1.84B
| $9.91M | 0.02% |
243,192
+84,085
| +53% | +$3.03M |
|
|
ACH
1253
Accendra Health
ACH
$224M
| $9.88M | 0.02% |
338,209
+245,882
| +266% | +$7.26M |
|
|
MB
1254
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $9.87M | 0.02% |
381,708
+236,498
| +163% | +$5.86M |
|
1255
CALL
Walt Disney
DIS
$181B
| $9.86M | 0.02% |
100,000
-150,000
| -60% | -$15.4M |
|
|
1256
PUT
Walt Disney
DIS
$181B
| $9.86M | 0.02% |
+100,000
| New | +$10.3M |
|
1257
Arbor Realty Trust
ABR
$957M
| $9.85M | 0.02% |
1,200,947
+28,685
| +2% | +$234K |
|
|
UBNK
1258
DELISTED
United Financial Bancorp, Inc.
UBNK
| $9.84M | 0.02% |
538,025
+275,017
| +105% | +$4.78M |
|
1259
Globant
GLOB
$1.61B
| $9.82M | 0.02% |
245,176
+11,591
| +5% | +$478K |
|
|
GCP
1260
DELISTED
GCP Applied Technologies Inc.
GCP
| $9.82M | 0.02% |
319,733
-164,048
| -34% | -$4.91M |
|
|
DEA
1261
Easterly Government Properties
DEA
$1.18B
| $9.79M | 0.01% |
189,440
-61,844
| -25% | -$3.11M |
|
1262
Ionis Pharmaceuticals
IONS
$9.06B
| $9.79M | 0.01% |
193,043
+96,324
| +100% | +$5.05M |
|
|
NEOS
1263
DELISTED
Neos Therapeutics, Inc
NEOS
| $9.78M | 0.01% |
1,068,725
+475,447
| +80% | +$3.61M |
|
|
MRSH
1264
Marsh
MRSH
$92.2B
| $9.76M | 0.01% |
116,505
-402,832
| -78% | -$31.9M |
|
1265
Fabrinet
FN
$19.5B
| $9.74M | 0.01% |
262,955
+191,266
| +267% | +$7.83M |
|
1266
Danaher
DHR
$141B
| $9.7M | 0.01% |
127,506
-13,552
| -10% | -$1M |
|
|
ONDK
1267
DELISTED
On Deck Capital, Inc.
ONDK
| $9.69M | 0.01% |
2,073,892
+466,775
| +29% | +$2.16M |
|
|
MULE
1268
DELISTED
MuleSoft, Inc.
MULE
| $9.68M | 0.01% |
480,837
+448,277
| +1,377% | +$9.99M |
|
|
ALE
1269
DELISTED
Allete
ALE
| $9.66M | 0.01% |
125,013
+68,226
| +120% | +$5.11M |
|
1270
Innoviva
INVA
$1.53B
| $9.65M | 0.01% |
+683,771
| New | +$9.04M |
|
1271
Sally Beauty Holdings
SBH
$1.51B
| $9.65M | 0.01% |
493,037
+68,719
| +16% | +$1.35M |
|
|
BNCL
1272
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $9.64M | 0.01% |
580,959
+144,812
| +33% | +$2.21M |
|
1273
PUT
Morgan Stanley
MS
$336B
| $9.63M | 0.01% |
+200,000
| New | +$9.28M |
|
1274
NCR Voyix
VYX
$1.16B
| $9.63M | 0.01% |
418,463
-42,253
| -9% | -$972K |
|
|
AYR
1275
DELISTED
Aircastle Ltd
AYR
| $9.62M | 0.01% |
431,654
+279,137
| +183% | +$6.21M |
|
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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.