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 | |
|---|---|---|---|---|---|---|
1451
OceanFirst Financial
OCFC
$1.71B
| $8.25M | 0.01% |
314,323
+238,373
| +314% | +$6.49M |
|
1452
Adtran
ADTN
$675M
| $8.21M | 0.01% |
424,553
-8,975
| -2% | -$199K |
|
1453
Kosmos Energy
KOS
$1.47B
| $8.21M | 0.01% |
1,198,836
+785,066
| +190% | +$5.98M |
|
1454
SPX Corp
SPXC
$9.39B
| $8.2M | 0.01% |
+261,111
| New | +$7.92M |
|
1455
Financial Institutions
FISI
$812M
| $8.19M | 0.01% |
263,431
+6,494
| +3% | +$204K |
|
1456
Zurn Elkay Water Solutions
ZWS
$8.55B
| $8.19M | 0.01% |
653,240
-2,045,996
| -76% | -$24.7M |
|
|
EXAC
1457
DELISTED
Exactech Inc
EXAC
| $8.19M | 0.01% |
165,542
+105,968
| +178% | +$4.47M |
|
1458
Primerica
PRI
$10.1B
| $8.17M | 0.01% |
80,458
+46,585
| +138% | +$4.44M |
|
|
EDR
1459
DELISTED
Education Realty Trust Inc
EDR
| $8.16M | 0.01% |
233,579
+73,694
| +46% | +$2.66M |
|
|
ACGN
1460
DELISTED
Aceragen Inc
ACGN
| $8.13M | 0.01% |
28,369
+16,345
| +136% | +$4.67M |
|
|
AGEN
1461
Agenus
AGEN
$276M
| $8.13M | 0.01% |
127,004
-34,676
| -21% | -$2.65M |
|
1462
iShares TIPS Bond ETF
TIP
$14.5B
| $8.12M | 0.01% |
71,210
+24,674
| +53% | +$2.81M |
|
1463
Vishay Precision Group
VPG
$1.08B
| $8.12M | 0.01% |
322,942
+154,400
| +92% | +$3.91M |
|
1464
Exponent
EXPO
$3.19B
| $8.11M | 0.01% |
227,996
+193,300
| +557% | +$7.1M |
|
1465
Green Plains
GPRE
$1.15B
| $8.11M | 0.01% |
481,009
-1,574,165
| -77% | -$27.7M |
|
1466
Essential Utilities
WTRG
$11.5B
| $8.1M | 0.01% |
+206,512
| New | +$7.53M |
|
1467
Match Group
MTCH
$9.19B
| $8.08M | 0.01% |
258,182
-624,415
| -71% | -$17.5M |
|
|
CPRX
1468
DELISTED
Catalyst Pharmaceutical
CPRX
| $8.08M | 0.01% |
+2,066,880
| New | +$6.83M |
|
1469
iShares Russell 2000 Value ETF
IWN
$14.3B
| $8.08M | 0.01% |
64,264
+59,803
| +1,341% | +$7.48M |
|
1470
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $8.08M | 0.01% |
69,577
+39,709
| +133% | +$4.59M |
|
1471
CALL
Medtronic
MDT
$112B
| $8.07M | 0.01% |
100,000
+50,000
| +100% | +$4M |
|
1472
Central Garden & Pet Co
CENT
$2.76B
| $8.06M | 0.01% |
258,960
+229,539
| +780% | +$7.03M |
|
1473
Myriad Genetics
MYGN
$476M
| $8.05M | 0.01% |
234,476
-327,480
| -58% | -$11M |
|
1474
Illinois Tool Works
ITW
$84.1B
| $8.05M | 0.01% |
48,249
+25,328
| +111% | +$4.04M |
|
|
TDAY
1475
USA Today Co
TDAY
$1.29B
| $8.03M | 0.01% |
478,754
+179,300
| +60% | +$2.91M |
|
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.