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 | |
|---|---|---|---|---|---|---|
1676
iShares S&P 500 Growth ETF
IVW
$70.5B
| $5.72M | 0.01% |
149,788
+131,168
| +704% | +$4.9M |
|
1677
Invesco
IVZ
$12.4B
| $5.71M | 0.01% |
+156,199
| New | +$5.65M |
|
1678
Titan Machinery
TITN
$420M
| $5.71M | 0.01% |
269,570
+259,065
| +2,466% | +$4.46M |
|
1679
Heron Therapeutics
HRTX
$93.4M
| $5.71M | 0.01% |
315,173
-54,701
| -15% | -$892K |
|
1680
CALL
Hershey
HSY
$37.3B
| $5.68M | 0.01% |
50,000
+38,000
| +317% | +$4.18M |
|
|
FIT
1681
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $5.66M | 0.01% |
990,612
+634,093
| +178% | +$4.04M |
|
|
MTSC
1682
DELISTED
MTS Systems Corp
MTSC
| $5.65M | 0.01% |
105,287
+45,392
| +76% | +$2.44M |
|
1683
Amphastar Pharmaceuticals
AMPH
$907M
| $5.65M | 0.01% |
293,672
+277,771
| +1,747% | +$5.19M |
|
1684
Heritage Financial
HFWA
$1.22B
| $5.64M | 0.01% |
183,258
-58,602
| -24% | -$1.8M |
|
|
EFOR
1685
Everforth Inc
EFOR
$960M
| $5.64M | 0.01% |
+87,714
| New | +$5.31M |
|
1686
Galicia Financial Group
GGAL
$7.89B
| $5.63M | 0.01% |
85,570
-109,174
| -56% | -$6.26M |
|
1687
Q2 Holdings
QTWO
$3.78B
| $5.63M | 0.01% |
152,659
-41,476
| -21% | -$1.7M |
|
1688
Valley National Bancorp
VLY
$7.9B
| $5.62M | 0.01% |
500,918
-2,002,462
| -80% | -$23.2M |
|
1689
Bright Horizons
BFAM
$4.35B
| $5.6M | 0.01% |
59,582
-66,409
| -53% | -$5.89M |
|
|
ESRX
1690
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $5.6M | 0.01% |
+75,000
| New | +$4.8M |
|
1691
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.74B
| $5.6M | 0.01% |
55,691
+21,124
| +61% | +$2.13M |
|
1692
PUT
State Street Financial Select Sector SPDR ETF
XLF
$56.5B
| $5.58M | 0.01% |
+200,000
| New | +$5.38M |
|
1693
First Bancorp
FBP
$4.41B
| $5.57M | 0.01% |
1,091,657
-1,334,605
| -55% | -$6.66M |
|
|
KA
1694
DELISTED
Kineta, Inc. Common Stock
KA
| $5.56M | 0.01% |
6,811
+5,536
| +434% | +$2.12M |
|
1695
CALL
Antero Resources
AR
$10.9B
| $5.56M | 0.01% |
292,500
| – | – |
|
|
ACBI
1696
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $5.54M | 0.01% |
314,977
+30,583
| +11% | +$527K |
|
1697
SEACOR Marine Holdings
SMHI
$209M
| $5.53M | 0.01% |
472,925
+75,451
| +19% | +$994K |
|
1698
Booz Allen Hamilton
BAH
$8.44B
| $5.53M | 0.01% |
145,064
+105,345
| +265% | +$3.99M |
|
1699
Canadian Natural Resources
CNQ
$96.9B
| $5.51M | 0.01% |
+315,154
| New | +$5.29M |
|
1700
Peoples Bancorp
PEBO
$1.51B
| $5.49M | 0.01% |
168,355
+66,839
| +66% | +$2.23M |
|
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.