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 | |
|---|---|---|---|---|---|---|
1401
Vanguard Extended Market ETF
VXF
$30B
| $8.89M | 0.01% |
+79,600
| New | +$8.72M |
|
1402
Bio-Techne
TECH
$11.2B
| $8.89M | 0.01% |
274,388
-332,952
| -55% | -$10.6M |
|
|
CIO
1403
DELISTED
City Office REIT
CIO
| $8.87M | 0.01% |
681,828
+491,383
| +258% | +$6.44M |
|
1404
A.O. Smith
AOS
$8.55B
| $8.87M | 0.01% |
144,710
-370,248
| -72% | -$22.5M |
|
1405
McKesson
MCK
$104B
| $8.84M | 0.01% |
+56,695
| New | +$8.4M |
|
|
AYX
1406
DELISTED
Alteryx Inc
AYX
| $8.84M | 0.01% |
349,792
+31,185
| +10% | +$752K |
|
|
CLDT
1407
Chatham Lodging
CLDT
$632M
| $8.83M | 0.01% |
+387,935
| New | +$8.69M |
|
1408
Bausch Health
BHC
$1.75B
| $8.82M | 0.01% |
424,413
-1,466,657
| -78% | -$23.3M |
|
|
LTXB
1409
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $8.8M | 0.01% |
208,610
+63,867
| +44% | +$2.56M |
|
|
FOE
1410
DELISTED
Ferro Corporation
FOE
| $8.8M | 0.01% |
373,074
-450,464
| -55% | -$10.7M |
|
1411
Cenovus Energy
CVE
$54.2B
| $8.79M | 0.01% |
963,344
+5,626
| +0.6% | +$54.6K |
|
1412
Vanguard S&P 500 ETF
VOO
$956B
| $8.79M | 0.01% |
35,827
+8,159
| +29% | +$1.95M |
|
1413
Photronics
PLAB
$1.65B
| $8.78M | 0.01% |
1,030,270
+231,914
| +29% | +$2.12M |
|
|
TCO
1414
DELISTED
Taubman Centers Inc.
TCO
| $8.76M | 0.01% |
+133,935
| New | +$7.36M |
|
1415
Central Garden & Pet Co Class A
CENTA
$2.43B
| $8.76M | 0.01% |
290,351
+167,631
| +137% | +$4.96M |
|
|
WCC
1416
WESCO International
WCC
$15.1B
| $8.76M | 0.01% |
128,526
+41,503
| +48% | +$2.59M |
|
|
ENIA
1417
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $8.72M | 0.01% |
781,087
+294,615
| +61% | +$3.07M |
|
|
SYNT
1418
DELISTED
Syntel Inc
SYNT
| $8.71M | 0.01% |
378,959
-1,380,675
| -78% | -$32.7M |
|
|
LOMA
1419
Loma Negra
LOMA
$1.34B
| $8.71M | 0.01% |
+378,021
| New | +$8.33M |
|
|
PGEM
1420
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $8.71M | 0.01% |
470,754
+319,261
| +211% | +$5.54M |
|
|
BRSS
1421
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $8.7M | 0.01% |
262,926
-32,302
| -11% | -$1.1M |
|
1422
Dollar General
DG
$28.4B
| $8.69M | 0.01% |
+93,475
| New | +$8.04M |
|
1423
Constellium
CSTM
$3.76B
| $8.64M | 0.01% |
774,630
+346,529
| +81% | +$3.69M |
|
|
TRST
1424
Trustco Bank Corp NY
TRST
$953M
| $8.64M | 0.01% |
187,732
-56,370
| -23% | -$2.57M |
|
1425
Pampa Energía
PAM
$4.57B
| $8.63M | 0.01% |
128,269
+27,775
| +28% | +$1.83M |
|
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.