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 | |
|---|---|---|---|---|---|---|
|
PIR
1426
DELISTED
Pier 1 Imports, Inc.
PIR
| $7.57M | 0.01% |
90,340
+8,865
| +11% | +$793K |
|
1427
RTX Corp
RTX
$301B
| $7.56M | 0.01% |
103,463
-665,878
| -87% | -$49.3M |
|
1428
Rogers Communications
RCI
$18.7B
| $7.56M | 0.01% |
146,619
+95,242
| +185% | +$4.87M |
|
1429
NovoCure
NVCR
$1.9B
| $7.55M | 0.01% |
+380,359
| New | +$7.48M |
|
|
EVBG
1430
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $7.53M | 0.01% |
284,932
+196,226
| +221% | +$4.59M |
|
1431
Expro Ltd
XPRO
$1.92B
| $7.52M | 0.01% |
162,420
+129,266
| +390% | +$5.79M |
|
1432
Harmony Gold Mining
HMY
$12.3B
| $7.51M | 0.01% |
4,106,535
-208,580
| -5% | -$382K |
|
1433
Healthcare Realty
HR
$6.87B
| $7.51M | 0.01% |
252,197
-325,498
| -56% | -$9.89M |
|
|
PMT
1434
PennyMac Mortgage Investment
PMT
$847M
| $7.51M | 0.01% |
432,023
+168,746
| +64% | +$2.94M |
|
1435
Boston Beer
SAM
$1.92B
| $7.51M | 0.01% |
48,099
+18,449
| +62% | +$2.7M |
|
1436
Urban Edge Properties
UE
$2.71B
| $7.51M | 0.01% |
311,456
-393,124
| -56% | -$9.75M |
|
1437
Inovio Pharmaceuticals
INO
$67.6M
| $7.5M | 0.01% |
98,630
+28,358
| +40% | +$2.11M |
|
|
ASRT
1438
DELISTED
Assertio
ASRT
| $7.5M | 0.01% |
21,579
+14,810
| +219% | +$6.98M |
|
|
TLND
1439
DELISTED
Talend S.A. American Depositary Shares
TLND
| $7.5M | 0.01% |
183,073
+129,317
| +241% | +$4.98M |
|
1440
Invesco Senior Loan ETF
BKLN
$6.81B
| $7.47M | 0.01% |
322,410
| – | – |
|
1441
Xerox
XRX
$424M
| $7.45M | 0.01% |
223,924
-494,643
| -69% | -$15.6M |
|
1442
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.59B
| $7.42M | 0.01% |
230,291
+11,643
| +5% | +$378K |
|
1443
Financial Institutions
FISI
$826M
| $7.4M | 0.01% |
256,937
+45,002
| +21% | +$1.27M |
|
1444
Vanguard Total Bond Market
BND
$158B
| $7.39M | 0.01% |
90,143
+18,826
| +26% | +$1.54M |
|
|
SAFE
1445
DELISTED
Safehold Inc.
SAFE
| $7.39M | 0.01% |
396,239
-152,406
| -28% | -$2.93M |
|
|
CIVI
1446
DELISTED
Civitas Resources
CIVI
| $7.38M | 0.01% |
+223,587
| New | +$6.37M |
|
1447
Atlanta Braves Holdings Series B
BATRK
$3.21B
| $7.36M | 0.01% |
+291,311
| New | +$7.19M |
|
1448
Archrock
AROC
$5.84B
| $7.34M | 0.01% |
585,074
-165,001
| -22% | -$1.79M |
|
|
UNIT
1449
Uniti Group
UNIT
$2.32B
| $7.34M | 0.01% |
500,435
-17,860
| -3% | -$377K |
|
1450
Otter Tail
OTTR
$3.93B
| $7.31M | 0.01% |
168,720
+82,604
| +96% | +$3.42M |
|
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.