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 | |
|---|---|---|---|---|---|---|
|
ARGO
1276
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $10.8M | 0.02% |
202,091
+43,353
| +27% | +$2.32M |
|
1277
Diageo
DEO
$49.6B
| $10.8M | 0.01% |
74,017
-240,883
| -76% | -$33.2M |
|
1278
Accenture
ACN
$106B
| $10.8M | 0.01% |
70,560
+46,721
| +196% | +$6.77M |
|
|
EVHC
1279
PUT
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $10.8M | 0.01% |
+312,500
| New | +$10.9M |
|
|
CNSL
1280
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $10.8M | 0.01% |
885,428
+595,051
| +205% | +$9.35M |
|
1281
Xylem
XYL
$28.5B
| $10.8M | 0.01% |
157,910
-46,483
| -23% | -$3.09M |
|
1282
Universal Display
OLED
$3.75B
| $10.8M | 0.01% |
62,346
-165,139
| -73% | -$26.3M |
|
|
ADSW
1283
DELISTED
Advanced Disposal Services Inc
ADSW
| $10.8M | 0.01% |
449,593
-197,598
| -31% | -$4.68M |
|
1284
PUT
Nabors Industries
NBR
$1.17B
| $10.8M | 0.01% |
+31,486
| New | +$10M |
|
1285
PUT
Walt Disney
DIS
$171B
| $10.8M | 0.01% |
100,000
| – | – |
|
|
MNTA
1286
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $10.7M | 0.01% |
+769,692
| New | +$10.4M |
|
|
NVO
1287
CALL
Novo Nordisk
NVO
$228B
| $10.7M | 0.01% |
+400,000
| New | +$10.2M |
|
1288
CALL
Bristol-Myers Squibb
BMY
$129B
| $10.7M | 0.01% |
+175,000
| New | +$10.9M |
|
1289
LXP Industrial Trust
LXP
$3.52B
| $10.7M | 0.01% |
+221,821
| New | +$11.4M |
|
|
UBNK
1290
DELISTED
United Financial Bancorp, Inc.
UBNK
| $10.7M | 0.01% |
606,656
+68,631
| +13% | +$1.25M |
|
|
TARO
1291
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $10.7M | 0.01% |
+102,074
| New | +$11.2M |
|
|
COUP
1292
DELISTED
Coupa Software Incorporated
COUP
| $10.7M | 0.01% |
342,097
-55,428
| -14% | -$1.88M |
|
1293
Fossil Group
FOSL
$260M
| $10.6M | 0.01% |
1,369,533
+1,083,233
| +378% | +$8.39M |
|
|
MITL
1294
DELISTED
Mitel Networks Corporation
MITL
| $10.6M | 0.01% |
1,287,475
-277,494
| -18% | -$2.26M |
|
1295
McCormick & Company Non-Voting
MKC
$14B
| $10.6M | 0.01% |
+207,338
| New | +$10.3M |
|
1296
Barnes & Noble Education
BNED
$435M
| $10.5M | 0.01% |
12,747
+10,592
| +492% | +$7M |
|
1297
Kennametal
KMT
$2.56B
| $10.5M | 0.01% |
216,605
-295,208
| -58% | -$13.2M |
|
1298
iShares MSCI Brazil ETF
EWZ
$8.98B
| $10.5M | 0.01% |
258,428
+114,387
| +79% | +$4.63M |
|
|
NTUS
1299
DELISTED
Natus Medical Inc
NTUS
| $10.4M | 0.01% |
+273,442
| New | +$10.9M |
|
|
MASI
1300
DELISTED
Masimo
MASI
| $10.4M | 0.01% |
123,076
-132,526
| -52% | -$11.5M |
|
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.