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 |
CMA
Comerica
CMA
|
+$221M |
| 2 |
RSPP
RSP Permian, Inc.
RSPP
|
+$166M |
| 3 |
Vulcan Materials
VMC
|
+$165M |
| 4 |
ANDV
Andeavor
ANDV
|
+$165M |
| 5 |
Apple
AAPL
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BNY
Bank of New York Mellon
BNY
|
+$251M |
| 2 |
Bank of America
BAC
|
+$225M |
| 3 |
WOOF
VCA Inc.
WOOF
|
+$214M |
| 4 |
K
Kellanova
K
|
+$188M |
| 5 |
Occidental Petroleum
OXY
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 12.16% |
| 2 | Technology | 11.12% |
| 3 | Healthcare | 10.56% |
| 4 | Industrials | 9.99% |
| 5 | Energy | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
Phibro Animal Health
PAHC
$1.39B
| $3.92M | 0.01% |
139,528
+23,087
| +20% | +$651K |
|
1602
Sterling Infrastructure
STRL
$16.7B
| $3.91M | 0.01% |
422,363
+266,498
| +171% | +$2.43M |
|
|
WW
1603
CALL
DELISTED
WW International
WW
| $3.89M | 0.01% |
+250,000
| New | +$3.44M |
|
|
UN
1604
DELISTED
Unilever NV New York Registry Shares
UN
| $3.89M | 0.01% |
+78,330
| New | +$3.51M |
|
|
EMKR
1605
DELISTED
Emcore Corp
EMKR
| $3.89M | 0.01% |
43,220
+32,251
| +294% | +$2.94M |
|
1606
Consolidated Edison
ED
$39.8B
| $3.88M | 0.01% |
+50,000
| New | +$3.76M |
|
1607
Ascendis Pharma A/S
ASND
$16.8B
| $3.88M | 0.01% |
138,383
-88,421
| -39% | -$2.23M |
|
1608
FS KKR Capital
FSK
$3.44B
| $3.87M | 0.01% |
+98,764
| New | +$4.04M |
|
1609
PPG Industries
PPG
$26.6B
| $3.85M | 0.01% |
36,654
-481,674
| -93% | -$48.8M |
|
|
PRTK
1610
PUT
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $3.85M | 0.01% |
+200,000
| New | +$3.15M |
|
1611
OR Royalties Inc
OR
$6.2B
| $3.84M | 0.01% |
+346,318
| New | +$3.82M |
|
|
EPZM
1612
DELISTED
Epizyme, Inc
EPZM
| $3.83M | 0.01% |
223,623
+78,801
| +54% | +$1.05M |
|
1613
Commercial Metals
CMC
$8.31B
| $3.82M | 0.01% |
199,694
-63,052
| -24% | -$1.29M |
|
|
HAPN
1614
Happen Inc
HAPN
$2.24B
| $3.8M | 0.01% |
138,361
+35,252
| +34% | +$1M |
|
1615
Insight Enterprises
NSIT
$4.51B
| $3.79M | 0.01% |
+92,350
| New | +$3.78M |
|
|
INST
1616
DELISTED
Instructure, Inc.
INST
| $3.79M | 0.01% |
161,904
+98,750
| +156% | +$2.24M |
|
1617
Itron
ITRI
$4.54B
| $3.78M | 0.01% |
62,325
-110,055
| -64% | -$6.84M |
|
1618
Anika Therapeutics
ANIK
$287M
| $3.77M | 0.01% |
86,892
+50,613
| +140% | +$2.42M |
|
1619
Invesco
IVZ
$13.9B
| $3.77M | 0.01% |
123,089
-222,044
| -64% | -$6.94M |
|
1620
Pembina Pipeline
PBA
$27.6B
| $3.77M | 0.01% |
+118,888
| New | +$3.78M |
|
1621
Granite Construction
GVA
$5.62B
| $3.75M | 0.01% |
74,776
-451,684
| -86% | -$24M |
|
|
AHL
1622
DELISTED
ASPEN Insurance Holding Limited
AHL
| $3.75M | 0.01% |
72,111
-167,907
| -70% | -$9.31M |
|
1623
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.4B
| $3.75M | 0.01% |
129,122
+55,678
| +76% | +$1.61M |
|
|
BRKL
1624
DELISTED
Brookline Bancorp
BRKL
| $3.73M | 0.01% |
238,108
+177,099
| +290% | +$2.79M |
|
1625
NVR
NVR
$17B
| $3.71M | 0.01% |
1,763
-2,731
| -61% | -$5.17M |
|
Similar funds
Millennium Management's Q1 2017 Portfolio in Review
As of Q1 2017, Millennium Management held 4,184 positions worth $54.6B, up 14% from $47.8B the previous quarter. Its ten largest holdings account for 5.7% of the portfolio.
Millennium Management deployed $4.44B of net new capital in Q1 2017, opening 894 new positions and adding to 1,327 existing holdings. Its largest new stake was Mondelez International: 3,261,215 shares worth $140M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Bank of New York Mellon, an estimated $251M trimmed.
- Millennium Management's largest Q1 2017 buy was Mondelez International: 3,261,215 shares worth $140M.
- Millennium Management added most to Comerica in Q1 2017, an estimated $221M increase.
- Millennium Management's biggest Q1 2017 reduction was Bank of New York Mellon, cutting an estimated $251M.
- Millennium Management fully exited Occidental Petroleum in Q1 2017, selling an estimated $171M.
- Millennium Management's ten largest holdings make up 5.7% of its $54.6B portfolio in Q1 2017.
- Millennium Management opened 894 new positions and closed 743 in Q1 2017.
- Millennium Management's portfolio value rose 14% quarter-over-quarter to $54.6B.
Based on Millennium Management's 13F filing for Q1 2017, filed 15 May 2017.