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 | |
|---|---|---|---|---|---|---|
|
TRQ
1526
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $6.47M | 0.01% |
208,603
+66,383
| +47% | +$2.05M |
|
1527
WEC Energy
WEC
$35.1B
| $6.46M | 0.01% |
102,827
-244,323
| -70% | -$15.6M |
|
|
AGU
1528
DELISTED
Agrium
AGU
| $6.45M | 0.01% |
+60,139
| New | +$6M |
|
1529
Mitek Systems
MITK
$835M
| $6.44M | 0.01% |
677,574
+509,444
| +303% | +$4.98M |
|
1530
Huntington Ingalls Industries
HII
$12.8B
| $6.42M | 0.01% |
28,361
-12,132
| -30% | -$2.53M |
|
|
ZVO
1531
DELISTED
Zovio Inc. Common Stock
ZVO
| $6.41M | 0.01% |
+667,786
| New | +$6.94M |
|
1532
NCS Multistage Holdings
NCSM
$125M
| $6.4M | 0.01% |
13,297
-14,440
| -52% | -$6.32M |
|
1533
Vanguard S&P 500 ETF
VOO
$1.01T
| $6.38M | 0.01% |
27,668
-6,890
| -20% | -$1.56M |
|
|
CHA
1534
DELISTED
China Telecom Corporation, LTD
CHA
| $6.32M | 0.01% |
123,596
+34,419
| +39% | +$1.69M |
|
|
EGL
1535
DELISTED
Engility Holdings, Inc.
EGL
| $6.31M | 0.01% |
182,006
-31,251
| -15% | -$951K |
|
|
QUOT
1536
DELISTED
Quotient Technology Inc
QUOT
| $6.27M | 0.01% |
400,703
+182,791
| +84% | +$2.52M |
|
1537
Adeia
ADEA
$3.11B
| $6.26M | 0.01% |
+935,754
| New | +$6.89M |
|
|
CSOD
1538
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $6.24M | 0.01% |
153,705
-39,951
| -21% | -$1.48M |
|
1539
SEACOR Marine Holdings
SMHI
$258M
| $6.22M | 0.01% |
397,474
-12,251
| -3% | -$178K |
|
1540
Independent Bank Corp
IBCP
$844M
| $6.21M | 0.01% |
274,272
+88,285
| +47% | +$1.85M |
|
|
SHLO
1541
DELISTED
Shiloh Industries Inc
SHLO
| $6.21M | 0.01% |
597,134
+572,654
| +2,339% | +$5.12M |
|
1542
Lakeland Financial Corp
LKFN
$1.53B
| $6.19M | 0.01% |
127,091
+98,489
| +344% | +$4.45M |
|
|
KITE
1543
DELISTED
Kite Pharma, Inc.
KITE
| $6.18M | 0.01% |
+34,394
| New | +$4.79M |
|
1544
CALL
Autoliv
ALV
$9B
| $6.18M | 0.01% |
+69,400
| New | +$5.63M |
|
1545
PNC Financial Services
PNC
$101B
| $6.18M | 0.01% |
45,829
-197,936
| -81% | -$25.4M |
|
1546
Aegon
AEG
$14.1B
| $6.17M | 0.01% |
1,310,174
+1,226,964
| +1,475% | +$5.56M |
|
|
WMGI
1547
DELISTED
Wright Medical Group Inc
WMGI
| $6.16M | 0.01% |
238,215
-18,086
| -7% | -$498K |
|
1548
PUT
Myriad Genetics
MYGN
$312M
| $6.15M | 0.01% |
+170,000
| New | +$4.85M |
|
1549
W&T Offshore
WTI
$518M
| $6.14M | 0.01% |
+2,013,898
| New | +$4.26M |
|
1550
Corbus Pharmaceuticals
CRBP
$188M
| $6.14M | 0.01% |
28,632
+5,316
| +23% | +$1.04M |
|
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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.