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 | |
|---|---|---|---|---|---|---|
1501
Virtu Financial
VIRT
$5.04B
| $7.62M | 0.01% |
+416,211
| New | +$6.75M |
|
|
AVEO
1502
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $7.61M | 0.01% |
272,705
+58,884
| +28% | +$1.83M |
|
1503
iShare MSCI Eurozone ETF
EZU
$9.38B
| $7.58M | 0.01% |
+174,700
| New | +$7.59M |
|
|
TERP
1504
DELISTED
TerraForm Power, Inc
TERP
| $7.57M | 0.01% |
+633,254
| New | +$7.9M |
|
1505
Teradata
TDC
$2.88B
| $7.57M | 0.01% |
+196,788
| New | +$7.03M |
|
|
CIT
1506
DELISTED
CIT Group Inc.
CIT
| $7.55M | 0.01% |
153,466
-78,936
| -34% | -$3.83M |
|
1507
Vanguard FTSE Emerging Markets ETF
VWO
$117B
| $7.54M | 0.01% |
164,300
+135,799
| +476% | +$6.07M |
|
|
DNR
1508
DELISTED
Denbury Resources, Inc.
DNR
| $7.54M | 0.01% |
3,410,876
+2,587,244
| +314% | +$4.07M |
|
1509
Expeditors International
EXPD
$22.3B
| $7.52M | 0.01% |
+116,271
| New | +$7.13M |
|
1510
Cal-Maine
CALM
$4.43B
| $7.52M | 0.01% |
169,120
-351,600
| -68% | -$15.7M |
|
|
EGIO
1511
DELISTED
Edgio, Inc. Common Stock
EGIO
| $7.52M | 0.01% |
42,610
+21,676
| +104% | +$4.28M |
|
|
NSTG
1512
DELISTED
NanoString Technologies, Inc.
NSTG
| $7.51M | 0.01% |
1,004,986
-23,241
| -2% | -$220K |
|
|
OMN
1513
DELISTED
OMNOVA Solutions Inc.
OMN
| $7.48M | 0.01% |
747,896
+306,890
| +70% | +$3.27M |
|
1514
Renasant Corp
RNST
$4.01B
| $7.47M | 0.01% |
182,797
+134,754
| +280% | +$5.63M |
|
1515
PUT
Tractor Supply
TSCO
$16.3B
| $7.47M | 0.01% |
+500,000
| New | +$6.42M |
|
|
MRNS
1516
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $7.47M | 0.01% |
228,905
+11,923
| +5% | +$321K |
|
|
HEES
1517
DELISTED
H&E Equipment Services
HEES
| $7.47M | 0.01% |
183,691
-216,724
| -54% | -$7.42M |
|
|
BHVN
1518
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $7.46M | 0.01% |
+276,450
| New | +$7.61M |
|
|
MDP
1519
DELISTED
Meredith Corporation
MDP
| $7.43M | 0.01% |
112,514
+22,398
| +25% | +$1.35M |
|
1520
CALL
Bank of America
BAC
$429B
| $7.38M | 0.01% |
250,000
-1,000,000
| -80% | -$27.6M |
|
1521
Cleveland-Cliffs
CLF
$6.49B
| $7.34M | 0.01% |
+1,017,415
| New | +$6.77M |
|
1522
Commercial Vehicle Group
CVGI
$147M
| $7.33M | 0.01% |
685,955
+580,385
| +550% | +$5.57M |
|
|
XIFR
1523
XPLR Infrastructure LP
XIFR
$1.04B
| $7.33M | 0.01% |
170,089
+27,189
| +19% | +$1.09M |
|
1524
H.B. Fuller
FUL
$3B
| $7.33M | 0.01% |
136,113
-146,231
| -52% | -$8.13M |
|
|
DCM
1525
DELISTED
NTT DOCOMO, Inc.
DCM
| $7.33M | 0.01% |
308,351
+232,384
| +306% | +$5.66M |
|
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.