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 | |
|---|---|---|---|---|---|---|
1601
UMB Financial
UMBF
$11.1B
| $5.69M | 0.01% |
76,338
-2,811
| -4% | -$197K |
|
|
IPXL
1602
DELISTED
Impax Laboratories, Inc.
IPXL
| $5.67M | 0.01% |
279,115
-156,854
| -36% | -$3M |
|
1603
Park Hotels & Resorts
PK
$2.97B
| $5.61M | 0.01% |
203,666
-199,587
| -49% | -$5.34M |
|
1604
Factset
FDS
$10.2B
| $5.61M | 0.01% |
+31,146
| New | +$5.08M |
|
1605
CALL
Jack in the Box
JACK
$335M
| $5.61M | 0.01% |
+55,000
| New | +$5.26M |
|
1606
CALL
Brunswick
BC
$5.28B
| $5.6M | 0.01% |
+100,000
| New | +$5.61M |
|
|
ENLC
1607
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $5.58M | 0.01% |
323,552
+196,275
| +154% | +$3.39M |
|
1608
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $5.58M | 0.01% |
143,714
+28,872
| +25% | +$1.12M |
|
|
VGR
1609
DELISTED
Vector Group Ltd.
VGR
| $5.58M | 0.01% |
423,594
-12,863
| -3% | -$167K |
|
1610
Johnson Outdoors
JOUT
$505M
| $5.57M | 0.01% |
76,070
+58,415
| +331% | +$3.41M |
|
1611
Vanguard Total International Bond ETF
BNDX
$82.2B
| $5.56M | 0.01% |
101,769
-21,551
| -17% | -$1.18M |
|
1612
Sibanye-Stillwater
SBSW
$7.53B
| $5.54M | 0.01% |
+1,318,619
| New | +$6.63M |
|
|
CNSL
1613
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $5.54M | 0.01% |
290,377
+79,853
| +38% | +$1.5M |
|
|
ANH
1614
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.54M | 0.01% |
921,234
+287,035
| +45% | +$1.74M |
|
|
ACET
1615
DELISTED
Aceto Corp
ACET
| $5.54M | 0.01% |
+493,008
| New | +$6.8M |
|
1616
State Street SPDR S&P Bank ETF
KBE
$1.66B
| $5.53M | 0.01% |
122,742
+114,913
| +1,468% | +$4.93M |
|
1617
Malibu Boats
MBUU
$567M
| $5.53M | 0.01% |
174,746
+10,022
| +6% | +$277K |
|
1618
Ezcorp Inc
EZPW
$1.71B
| $5.52M | 0.01% |
580,694
+196,888
| +51% | +$1.72M |
|
1619
Arrowhead Research
ARWR
$12.4B
| $5.51M | 0.01% |
1,272,138
-204,901
| -14% | -$488K |
|
1620
CALL
Edwards Lifesciences
EW
$51.7B
| $5.47M | 0.01% |
+150,000
| New | +$5.72M |
|
1621
BOK Financial
BOKF
$8.74B
| $5.45M | 0.01% |
61,224
+29,868
| +95% | +$2.49M |
|
|
FLOW
1622
DELISTED
SPX FLOW, Inc.
FLOW
| $5.44M | 0.01% |
141,019
-95,952
| -40% | -$3.39M |
|
|
TOWR
1623
DELISTED
Tower International, Inc.
TOWR
| $5.44M | 0.01% |
199,843
+8,562
| +4% | +$199K |
|
1624
NMI Holdings
NMIH
$3.36B
| $5.43M | 0.01% |
+437,900
| New | +$5.07M |
|
1625
CEVA Inc
CEVA
$1.08B
| $5.42M | 0.01% |
+126,680
| New | +$5.47M |
|
Similar funds
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.