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 | |
|---|---|---|---|---|---|---|
1476
Cars.com
CARS
$722M
| $8.03M | 0.01% |
278,509
+63,191
| +29% | +$1.63M |
|
1477
Nike
NKE
$64.1B
| $8.02M | 0.01% |
128,150
-475,332
| -79% | -$27.3M |
|
1478
CALL
LivaNova
LIVN
$4.47B
| $7.99M | 0.01% |
+100,000
| New | +$7.94M |
|
1479
First Busey Corp
BUSE
$2.56B
| $7.97M | 0.01% |
266,245
+99,411
| +60% | +$3.09M |
|
1480
Cato Corp
CATO
$65.7M
| $7.95M | 0.01% |
499,540
-90,548
| -15% | -$1.31M |
|
1481
Enel Chile
ENIC
$6.03B
| $7.94M | 0.01% |
1,397,161
+593,235
| +74% | +$3.39M |
|
1482
Houlihan Lokey
HLI
$9.72B
| $7.91M | 0.01% |
174,171
-144,598
| -45% | -$6.19M |
|
|
GAP
1483
The Gap Inc
GAP
$7.3B
| $7.91M | 0.01% |
+232,269
| New | +$6.92M |
|
1484
Cincinnati Financial
CINF
$27.8B
| $7.87M | 0.01% |
104,912
+47,686
| +83% | +$3.55M |
|
|
AHT
1485
Ashford Hospitality Trust
AHT
$20.8M
| $7.85M | 0.01% |
1,180
+436
| +59% | +$2.89M |
|
1486
Kforce
KFRC
$1.05B
| $7.83M | 0.01% |
310,255
+66,858
| +27% | +$1.57M |
|
1487
Best Buy
BBY
$19B
| $7.82M | 0.01% |
114,272
+109,835
| +2,475% | +$6.5M |
|
1488
Evercore
EVR
$11.8B
| $7.82M | 0.01% |
86,907
+47,796
| +122% | +$3.99M |
|
1489
CEMIG Preferred Shares
CIG
$6.06B
| $7.8M | 0.01% |
7,425,665
-2,142,967
| -22% | -$2.43M |
|
1490
PUT
Transocean
RIG
$5.48B
| $7.79M | 0.01% |
748,000
-800,000
| -52% | -$8.31M |
|
|
INFO
1491
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $7.78M | 0.01% |
+172,322
| New | +$7.6M |
|
1492
CALL
AT&T
T
$164B
| $7.78M | 0.01% |
264,800
-132,400
| -33% | -$3.62M |
|
|
GOOD
1493
Gladstone Commercial Corp
GOOD
$623M
| $7.75M | 0.01% |
367,860
+333,482
| +970% | +$7.39M |
|
1494
Insperity
NSP
$2.03B
| $7.71M | 0.01% |
134,404
-539,276
| -80% | -$28.5M |
|
1495
Center Bancorp
CNOB
$1.65B
| $7.67M | 0.01% |
297,743
+54,661
| +22% | +$1.43M |
|
|
SWIR
1496
DELISTED
Sierra Wireless
SWIR
| $7.67M | 0.01% |
374,827
+94,485
| +34% | +$2.01M |
|
|
SHLM
1497
DELISTED
Schulman (A.) Inc
SHLM
| $7.66M | 0.01% |
205,644
+167,444
| +438% | +$6.23M |
|
1498
PUT
Goldman Sachs
GS
$289B
| $7.64M | 0.01% |
+30,000
| New | +$7.36M |
|
|
DISH
1499
CALL
DELISTED
DISH Network Corp.
DISH
| $7.64M | 0.01% |
160,000
| – | – |
|
1500
iShares Core US Aggregate Bond ETF
AGG
$138B
| $7.63M | 0.01% |
69,767
-25,455
| -27% | -$2.78M |
|
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.