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 | |
|---|---|---|---|---|---|---|
|
BPL
1326
PUT
DELISTED
Buckeye Partners, L.P.
BPL
| $9.91M | 0.01% |
+200,000
| New | +$10.2M |
|
1327
Prosperity Bancshares
PB
$8.9B
| $9.9M | 0.01% |
141,326
-682,518
| -83% | -$45.6M |
|
|
RAVN
1328
DELISTED
Raven Industries Inc
RAVN
| $9.9M | 0.01% |
288,309
-125,926
| -30% | -$4.29M |
|
1329
CNO Financial Group
CNO
$4.94B
| $9.89M | 0.01% |
400,524
-195,187
| -33% | -$4.76M |
|
|
DCP
1330
CALL
DELISTED
DCP Midstream, LP
DCP
| $9.86M | 0.01% |
+271,500
| New | +$9.45M |
|
1331
Ionis Pharmaceuticals
IONS
$8.93B
| $9.86M | 0.01% |
195,917
+2,874
| +1% | +$158K |
|
1332
PUT
United Natural Foods
UNFI
$3.04B
| $9.85M | 0.01% |
200,000
+140,000
| +233% | +$6.12M |
|
1333
CarMax
KMX
$8.39B
| $9.85M | 0.01% |
153,624
-73,964
| -32% | -$5.28M |
|
|
SBT
1334
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $9.84M | 0.01% |
+774,518
| New | +$9.9M |
|
1335
Cognex
CGNX
$9.62B
| $9.83M | 0.01% |
160,682
-262,248
| -62% | -$16.7M |
|
1336
Cabot Corp
CBT
$4.72B
| $9.82M | 0.01% |
159,475
-23,337
| -13% | -$1.4M |
|
|
PHH
1337
DELISTED
PHH Corporation
PHH
| $9.82M | 0.01% |
953,064
+820,788
| +621% | +$9.98M |
|
1338
Four Corners Property Trust
FCPT
$2.89B
| $9.81M | 0.01% |
381,846
+248,356
| +186% | +$6.37M |
|
|
PTR
1339
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $9.8M | 0.01% |
140,184
-21,408
| -13% | -$1.44M |
|
1340
A10 Networks
ATEN
$2.07B
| $9.8M | 0.01% |
1,269,858
+1,157,827
| +1,033% | +$8.83M |
|
|
VR
1341
DELISTED
Validus Hold Ltd
VR
| $9.79M | 0.01% |
208,670
+155,100
| +290% | +$7.66M |
|
1342
NovoCure
NVCR
$1.77B
| $9.79M | 0.01% |
484,569
+104,210
| +27% | +$2.01M |
|
|
NRE
1343
DELISTED
NorthStar Realty Europe Corp.
NRE
| $9.77M | 0.01% |
727,738
+626,111
| +616% | +$8.66M |
|
1344
Golar LNG
GLNG
$4.82B
| $9.75M | 0.01% |
327,089
+127,304
| +64% | +$3.06M |
|
1345
Brookdale Senior Living
BKD
$3.55B
| $9.75M | 0.01% |
1,005,102
-1,406,103
| -58% | -$14.3M |
|
1346
Virtus Investment Partners
VRTS
$1.12B
| $9.75M | 0.01% |
84,710
+2,680
| +3% | +$315K |
|
1347
Moelis & Co
MC
$4.85B
| $9.74M | 0.01% |
200,849
-159,759
| -44% | -$7.22M |
|
|
SJI
1348
DELISTED
South Jersey Industries, Inc.
SJI
| $9.68M | 0.01% |
309,850
-123,654
| -29% | -$4.09M |
|
|
XENT
1349
DELISTED
Intersect ENT, Inc
XENT
| $9.65M | 0.01% |
297,857
-89,456
| -23% | -$2.68M |
|
1350
TIM SA
TIMB
$9.1B
| $9.6M | 0.01% |
497,093
+28,141
| +6% | +$521K |
|
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.