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 | |
|---|---|---|---|---|---|---|
|
NUVA
1551
CALL
DELISTED
NuVasive, Inc.
NUVA
| $7.02M | 0.01% |
120,000
+100,000
| +500% | +$5.67M |
|
|
MDCO
1552
DELISTED
Medicines Co
MDCO
| $7.01M | 0.01% |
256,352
+180,949
| +240% | +$5.57M |
|
|
XOMA
1553
DELISTED
Xoma
XOMA
| $7M | 0.01% |
196,759
+183,683
| +1,405% | +$4.98M |
|
1554
iShares Core S&P Mid-Cap ETF
IJH
$121B
| $6.99M | 0.01% |
184,185
-59,865
| -25% | -$2.21M |
|
|
TOWR
1555
DELISTED
Tower International, Inc.
TOWR
| $6.99M | 0.01% |
228,774
+28,931
| +14% | +$874K |
|
|
LDL
1556
DELISTED
Lydall, Inc.
LDL
| $6.99M | 0.01% |
137,683
+73,264
| +114% | +$4.01M |
|
1557
Baxter International
BAX
$12.8B
| $6.97M | 0.01% |
107,862
-279,533
| -72% | -$17.9M |
|
|
MEET
1558
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $6.97M | 0.01% |
+2,471,366
| New | +$7.35M |
|
1559
SLR Investment Corp
SLRC
$704M
| $6.97M | 0.01% |
344,680
+249,906
| +264% | +$5.32M |
|
|
WBT
1560
DELISTED
Welbilt, Inc.
WBT
| $6.95M | 0.01% |
295,763
-271,672
| -48% | -$5.99M |
|
1561
Barrett Business Services
BBSI
$1.01B
| $6.93M | 0.01% |
429,700
+207,128
| +93% | +$3.23M |
|
|
AVDL
1562
DELISTED
Avadel Pharmaceuticals
AVDL
| $6.92M | 0.01% |
844,400
+178,200
| +27% | +$1.67M |
|
|
EVHC
1563
CALL
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $6.91M | 0.01% |
+200,000
| New | +$6.99M |
|
1564
Liberty Broadband Class C
LBRDK
$4.89B
| $6.91M | 0.01% |
+81,114
| New | +$7.22M |
|
1565
BorgWarner
BWA
$12.8B
| $6.91M | 0.01% |
153,584
-22,494
| -13% | -$1.04M |
|
1566
CALL
NetEase
NTES
$83B
| $6.9M | 0.01% |
+100,000
| New | +$6.25M |
|
|
BREW
1567
DELISTED
Craft Brew Alliance, Inc.
BREW
| $6.88M | 0.01% |
358,341
-29,013
| -7% | -$544K |
|
1568
Radware
RDWR
$983M
| $6.87M | 0.01% |
354,307
+220,195
| +164% | +$4.18M |
|
1569
Golub Capital BDC
GBDC
$3.33B
| $6.87M | 0.01% |
385,586
-51,471
| -12% | -$952K |
|
1570
First Commonwealth Financial
FCF
$2.22B
| $6.86M | 0.01% |
479,128
-90,046
| -16% | -$1.3M |
|
1571
Trupanion
TRUP
$1.13B
| $6.85M | 0.01% |
+234,075
| New | +$6.88M |
|
|
AGU
1572
DELISTED
Agrium
AGU
| $6.83M | 0.01% |
59,407
-732
| -1% | -$79.4K |
|
1573
PUT
Range Resources
RRC
$9.33B
| $6.82M | 0.01% |
400,000
| – | – |
|
1574
Domino's
DPZ
$11.9B
| $6.82M | 0.01% |
+36,108
| New | +$6.69M |
|
|
PFC
1575
DELISTED
Premier Financial Corp. Common Stock
PFC
| $6.79M | 0.01% |
261,440
+5,126
| +2% | +$138K |
|
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.