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 | |
|---|---|---|---|---|---|---|
1401
PUT
Range Resources
RRC
$9.04B
| $7.83M | 0.01% |
+400,000
| New | +$7.73M |
|
1402
PUT
S&P Global
SPGI
$121B
| $7.82M | 0.01% |
50,000
-15,000
| -23% | -$2.28M |
|
1403
Cato Corp
CATO
$66.9M
| $7.81M | 0.01% |
590,088
+507,961
| +619% | +$7.62M |
|
|
AVEO
1404
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $7.8M | 0.01% |
213,821
+83,541
| +64% | +$2.58M |
|
|
WP
1405
DELISTED
Worldpay, Inc.
WP
| $7.8M | 0.01% |
110,683
-168,728
| -60% | -$11.5M |
|
1406
International Paper
IP
$22B
| $7.79M | 0.01% |
+144,746
| New | +$7.61M |
|
1407
NETGEAR
NTGR
$625M
| $7.78M | 0.01% |
163,483
+56,479
| +53% | +$2.62M |
|
|
S
1408
PUT
DELISTED
Sprint Corporation
S
| $7.78M | 0.01% |
+1,000,000
| New | +$8.21M |
|
1409
Morningstar
MORN
$7.5B
| $7.76M | 0.01% |
91,362
+29,341
| +47% | +$2.39M |
|
|
AIMC
1410
DELISTED
Altra Industrial Motion Corp
AIMC
| $7.76M | 0.01% |
161,262
+154,294
| +2,214% | +$6.81M |
|
1411
Cavco Industries
CVCO
$4.52B
| $7.75M | 0.01% |
52,493
-32,723
| -38% | -$4.36M |
|
1412
Telephone and Data Systems
TDS
$3.63B
| $7.72M | 0.01% |
276,977
+115,016
| +71% | +$3.25M |
|
1413
Darden Restaurants
DRI
$24.4B
| $7.7M | 0.01% |
+97,674
| New | +$8.23M |
|
|
SLCA
1414
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $7.69M | 0.01% |
247,533
-8,820
| -3% | -$256K |
|
1415
HubSpot
HUBS
$10.4B
| $7.68M | 0.01% |
91,398
-160,895
| -64% | -$11.5M |
|
|
SIR
1416
DELISTED
SELECT INCOME REIT
SIR
| $7.65M | 0.01% |
743,274
-36,885
| -5% | -$378K |
|
1417
Emcor
EME
$36.2B
| $7.64M | 0.01% |
110,116
-546,563
| -83% | -$36.2M |
|
|
WCN
1418
Waste Connections
WCN
$42.2B
| $7.63M | 0.01% |
109,122
-398,872
| -79% | -$26.3M |
|
1419
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.76B
| $7.63M | 0.01% |
272,614
+197,044
| +261% | +$5.49M |
|
1420
Precigen
PGEN
$2.53B
| $7.61M | 0.01% |
400,500
+306,589
| +326% | +$6.31M |
|
1421
Tyler Technologies
TYL
$12.7B
| $7.6M | 0.01% |
43,595
+28,161
| +182% | +$4.84M |
|
|
CALA
1422
DELISTED
Calithera Biosciences, Inc
CALA
| $7.59M | 0.01% |
24,107
+12,628
| +110% | +$3.98M |
|
|
KND
1423
DELISTED
Kindred Healthcare
KND
| $7.59M | 0.01% |
1,116,808
+1,045,631
| +1,469% | +$8.9M |
|
1424
Service Corp International
SCI
$11.7B
| $7.59M | 0.01% |
219,974
-88,883
| -29% | -$3.08M |
|
1425
Procter & Gamble
PG
$338B
| $7.58M | 0.01% |
83,257
-59,834
| -42% | -$5.45M |
|
Similar funds
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.