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 | |
|---|---|---|---|---|---|---|
1251
Hudbay
HBM
$9.76B
| $11.2M | 0.02% |
1,271,829
+630,305
| +98% | +$4.92M |
|
1252
Okta
OKTA
$23.8B
| $11.2M | 0.02% |
+436,493
| New | +$12.2M |
|
1253
Ashland
ASH
$3.34B
| $11.2M | 0.02% |
156,990
-71,834
| -31% | -$4.95M |
|
|
ZEN
1254
DELISTED
ZENDESK INC
ZEN
| $11.2M | 0.02% |
329,539
+128,862
| +64% | +$4.22M |
|
1255
Cardinal Health
CAH
$53.7B
| $11.2M | 0.02% |
181,981
-74,282
| -29% | -$4.59M |
|
1256
PJT Partners
PJT
$4.26B
| $11.1M | 0.02% |
243,796
-203,446
| -45% | -$8.27M |
|
|
TRUE
1257
DELISTED
TrueCar
TRUE
| $11.1M | 0.02% |
990,503
+342,214
| +53% | +$4.51M |
|
|
IDTI
1258
DELISTED
Integrated Device Technology I
IDTI
| $11.1M | 0.02% |
372,900
+364,512
| +4,346% | +$11M |
|
|
MODN
1259
DELISTED
MODEL N, INC.
MODN
| $11.1M | 0.02% |
703,638
+246,093
| +54% | +$3.71M |
|
|
XOG
1260
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $11.1M | 0.02% |
774,168
+683,868
| +757% | +$10.4M |
|
1261
American Eagle Outfitters
AEO
$2.94B
| $11.1M | 0.02% |
+589,138
| New | +$8.88M |
|
|
TWX
1262
CALL
DELISTED
Time Warner Inc
TWX
| $11.1M | 0.02% |
+121,000
| New | +$11.4M |
|
|
AVXS
1263
CALL
DELISTED
AveXis, Inc. Common Stock
AVXS
| $11.1M | 0.02% |
100,000
+50,000
| +100% | +$5.02M |
|
1264
Innospec
IOSP
$2.09B
| $11.1M | 0.02% |
156,638
+61,737
| +65% | +$4.11M |
|
|
CIVI
1265
DELISTED
Civitas Resources
CIVI
| $11.1M | 0.02% |
400,685
+177,098
| +79% | +$5.55M |
|
|
BID
1266
DELISTED
Sotheby's
BID
| $11M | 0.02% |
214,118
-8,749
| -4% | -$437K |
|
|
AY
1267
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $11M | 0.02% |
520,734
-85,125
| -14% | -$1.86M |
|
1268
Quanterix
QTRX
$159M
| $11M | 0.02% |
+512,985
| New | +$10M |
|
1269
Fortive
FTV
$18B
| $11M | 0.02% |
241,347
-335,213
| -58% | -$15.3M |
|
1270
Archer Daniels Midland
ADM
$38.7B
| $11M | 0.02% |
+273,371
| New | +$11.2M |
|
1271
JD.com
JD
$43.5B
| $10.9M | 0.02% |
263,527
-1,853,944
| -88% | -$72.9M |
|
|
ATHN
1272
DELISTED
Athenahealth, Inc.
ATHN
| $10.9M | 0.02% |
81,952
-136,652
| -63% | -$17.5M |
|
1273
ProShares Ultra Silver
AGQ
$1.13B
| $10.9M | 0.02% |
320,897
-35,746
| -10% | -$1.19M |
|
|
MSGN
1274
DELISTED
MSG Networks Inc.
MSGN
| $10.9M | 0.02% |
535,950
+20,381
| +4% | +$392K |
|
1275
Park Hotels & Resorts
PK
$3.08B
| $10.8M | 0.02% |
377,268
+173,602
| +85% | +$4.97M |
|
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.