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 | |
|---|---|---|---|---|---|---|
1351
RLJ Lodging Trust
RLJ
$1.88B
| $9.59M | 0.01% |
436,643
+313,262
| +254% | +$6.81M |
|
1352
Keysight
KEYS
$50.7B
| $9.56M | 0.01% |
229,849
+177,489
| +339% | +$7.67M |
|
1353
CALL
Biogen
BIIB
$30.9B
| $9.56M | 0.01% |
+30,000
| New | +$9.62M |
|
1354
Oracle
ORCL
$339B
| $9.55M | 0.01% |
201,988
-3,261,796
| -94% | -$160M |
|
|
IPHS
1355
DELISTED
Innophos Holdings, Inc.
IPHS
| $9.54M | 0.01% |
204,174
+132,421
| +185% | +$6.18M |
|
1356
Rapid7
RPD
$628M
| $9.54M | 0.01% |
511,129
+288,392
| +129% | +$5.34M |
|
1357
CALL
Autoliv
ALV
$9.14B
| $9.53M | 0.01% |
104,100
+34,700
| +50% | +$3.14M |
|
|
CRCM
1358
DELISTED
CARE.COM, INC.
CRCM
| $9.49M | 0.01% |
526,081
+20,780
| +4% | +$364K |
|
1359
Mativ Holdings
MATV
$479M
| $9.47M | 0.01% |
208,792
+10,319
| +5% | +$448K |
|
1360
Oxford Industries
OXM
$581M
| $9.45M | 0.01% |
125,612
-303,177
| -71% | -$20.3M |
|
1361
LivePerson
LPSN
$22M
| $9.44M | 0.01% |
54,714
+15,296
| +39% | +$2.86M |
|
|
SFS
1362
DELISTED
Smart & Final Stores, Inc.
SFS
| $9.43M | 0.01% |
1,103,237
+184,001
| +20% | +$1.42M |
|
1363
First Bancorp
FBNC
$2.61B
| $9.43M | 0.01% |
266,986
+251,686
| +1,645% | +$9.13M |
|
1364
Vanguard Total International Bond ETF
BNDX
$82B
| $9.43M | 0.01% |
173,346
+71,577
| +70% | +$3.93M |
|
|
HTBK
1365
DELISTED
Heritage Commerce
HTBK
| $9.4M | 0.01% |
613,489
+431,652
| +237% | +$6.57M |
|
|
CBB
1366
DELISTED
Cincinnati Bell Inc.
CBB
| $9.39M | 0.01% |
450,300
+196,034
| +77% | +$3.99M |
|
1367
Avery Dennison
AVY
$12.8B
| $9.36M | 0.01% |
81,523
-74,967
| -48% | -$8.1M |
|
|
AIMC
1368
DELISTED
Altra Industrial Motion Corp
AIMC
| $9.36M | 0.01% |
185,665
+24,403
| +15% | +$1.17M |
|
|
GNBC
1369
DELISTED
Green Bancorp, Inc
GNBC
| $9.35M | 0.01% |
460,447
+247,731
| +116% | +$5.5M |
|
1370
Twilio
TWLO
$28.6B
| $9.34M | 0.01% |
395,878
+367,553
| +1,298% | +$10.3M |
|
|
PR
1371
Permian Resources
PR
$17.4B
| $9.31M | 0.01% |
+470,130
| New | +$9.13M |
|
1372
Vanguard Total Bond Market
BND
$158B
| $9.3M | 0.01% |
114,015
+23,872
| +26% | +$1.95M |
|
1373
CALL
Lowe's Companies
LOW
$121B
| $9.29M | 0.01% |
+100,000
| New | +$8.27M |
|
1374
Lattice Semiconductor
LSCC
$16B
| $9.29M | 0.01% |
1,606,880
+1,535,699
| +2,157% | +$9M |
|
1375
CALL
Danaher
DHR
$138B
| $9.28M | 0.01% |
+112,800
| New | +$9.17M |
|
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.