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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 11.93% |
| 2 | Technology | 11.65% |
| 3 | Healthcare | 11.53% |
| 4 | Industrials | 9.67% |
| 5 | Consumer Discretionary | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Advanced Micro Devices
AMD
$776B
| $91.9M | 0.16% |
7,360,660
+5,246,392
| +248% | +$64.1M |
|
|
TWX
127
DELISTED
Time Warner Inc
TWX
| $91.5M | 0.16% |
911,748
+408,664
| +81% | +$40.5M |
|
128
Hyatt Hotels
H
$16.4B
| $91.5M | 0.16% |
1,627,847
+206,999
| +15% | +$11.7M |
|
129
Jack in the Box
JACK
$312M
| $90M | 0.16% |
913,852
+767,491
| +524% | +$79.2M |
|
|
ATH
130
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $90M | 0.16% |
1,813,577
+197,653
| +12% | +$10.1M |
|
131
Norfolk Southern
NSC
$75.4B
| $88.9M | 0.16% |
730,671
-621,324
| -46% | -$73M |
|
132
HP
HPQ
$24.9B
| $88.7M | 0.16% |
5,073,176
-2,029,545
| -29% | -$37.3M |
|
|
BCR
133
DELISTED
CR Bard Inc.
BCR
| $88.6M | 0.16% |
280,359
+141,453
| +102% | +$42M |
|
134
Mohawk Industries
MHK
$7.5B
| $88.6M | 0.16% |
366,518
+8,516
| +2% | +$2.01M |
|
|
QEP
135
DELISTED
QEP RESOURCES, INC.
QEP
| $87.2M | 0.16% |
8,631,391
+2,325,285
| +37% | +$25.2M |
|
136
Exelon
EXC
$47.2B
| $86.6M | 0.15% |
3,365,599
+2,406,711
| +251% | +$61.2M |
|
137
Microchip Technology
MCHP
$40.3B
| $86.3M | 0.15% |
2,237,630
+1,174,448
| +110% | +$46.2M |
|
138
Yum! Brands
YUM
$41.8B
| $85.6M | 0.15% |
1,159,953
-1,190,316
| -51% | -$82.8M |
|
|
TPH
139
DELISTED
Tri Pointe Homes
TPH
| $85.4M | 0.15% |
6,477,021
+163,377
| +3% | +$2.04M |
|
140
OGE Energy
OGE
$9.78B
| $85.4M | 0.15% |
2,454,847
+1,502,515
| +158% | +$52.6M |
|
141
US Foods
USFD
$22.2B
| $85.3M | 0.15% |
3,134,178
+2,031,051
| +184% | +$57.8M |
|
142
Alkermes
ALKS
$8.22B
| $85M | 0.15% |
1,466,313
-148,775
| -9% | -$8.64M |
|
|
EGN
143
DELISTED
Energen
EGN
| $84.8M | 0.15% |
1,718,547
-299,417
| -15% | -$16M |
|
144
Chord Energy
CHRD
$7.9B
| $84.5M | 0.15% |
10,491,660
+5,099,831
| +95% | +$55.8M |
|
|
SFR
145
DELISTED
Starwood Waypoint Homes
SFR
| $84.4M | 0.15% |
2,459,982
+996,648
| +68% | +$34.4M |
|
146
Phillips 66
PSX
$84.9B
| $84M | 0.15% |
1,015,279
+961,312
| +1,781% | +$75.5M |
|
147
Quanta Services
PWR
$100B
| $83.8M | 0.15% |
2,545,565
-1,182,697
| -32% | -$39.4M |
|
|
INXN
148
DELISTED
Interxion Holding N.V.
INXN
| $83.3M | 0.15% |
1,819,160
+175,103
| +11% | +$7.56M |
|
149
SM Energy
SM
$7.8B
| $83.1M | 0.15% |
5,027,367
-354,436
| -7% | -$7.03M |
|
150
First Industrial Realty Trust
FR
$8.73B
| $82.9M | 0.15% |
2,897,816
-700,372
| -19% | -$20M |
|
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Millennium Management's Q2 2017 Portfolio in Review
As of Q2 2017, Millennium Management held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Millennium Management's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 12% a quarter earlier, followed by Technology and Healthcare.
- Millennium Management's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Millennium Management added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Millennium Management's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Millennium Management fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Millennium Management's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Millennium Management opened 803 new positions and closed 840 in Q2 2017.
- Millennium Management's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.