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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 11.93% |
| 2 | Technology | 11.65% |
| 3 | Healthcare | 11.53% |
| 4 | Industrials | 9.67% |
| 5 | Consumer Discretionary | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Gartner
IT
$10.1B
| $82.9M | 0.15% |
671,202
+70,362
| +12% | +$8.17M |
|
152
XPO
XPO
$23.5B
| $82.9M | 0.15% |
3,708,334
-1,465,327
| -28% | -$27.4M |
|
153
F5
FFIV
$22.9B
| $82.6M | 0.15% |
650,081
+260,264
| +67% | +$34.1M |
|
|
SRCL
154
DELISTED
Stericycle Inc
SRCL
| $82.4M | 0.15% |
1,079,314
+467,413
| +76% | +$38.4M |
|
|
XEC
155
DELISTED
CIMAREX ENERGY CO
XEC
| $82.1M | 0.15% |
873,745
+52,710
| +6% | +$5.81M |
|
156
Air Products & Chemicals
APD
$65.7B
| $81.7M | 0.15% |
570,815
+115,815
| +25% | +$16.5M |
|
157
Sun Communities
SUI
$15.2B
| $81.7M | 0.15% |
931,211
+125,424
| +16% | +$10.8M |
|
158
Ross Stores
ROST
$80.5B
| $81.5M | 0.15% |
1,412,262
+866,278
| +159% | +$54.1M |
|
159
Ameriprise Financial
AMP
$48.3B
| $81.2M | 0.14% |
637,735
+511,642
| +406% | +$65M |
|
|
CTRA
160
DELISTED
Coterra Energy
CTRA
| $81M | 0.14% |
3,229,849
-221,864
| -6% | -$5.24M |
|
161
Altria Group
MO
$114B
| $80.4M | 0.14% |
1,080,267
-1,374,774
| -56% | -$101M |
|
162
FedEx
FDX
$72.7B
| $80.4M | 0.14% |
370,054
+117,884
| +47% | +$23.3M |
|
163
BioMarin Pharmaceuticals
BMRN
$11.6B
| $80.4M | 0.14% |
884,994
+882,017
| +29,628% | +$80.2M |
|
164
NNN REIT
NNN
$9.04B
| $80.2M | 0.14% |
2,051,489
+1,701,698
| +486% | +$68.8M |
|
165
Parker-Hannifin
PH
$123B
| $80M | 0.14% |
500,740
-86,372
| -15% | -$13.7M |
|
|
FL
166
DELISTED
Foot Locker
FL
| $79.3M | 0.14% |
1,609,280
+1,225,835
| +320% | +$79.5M |
|
167
Zimmer Biomet
ZBH
$18.2B
| $79.3M | 0.14% |
635,912
+77,482
| +14% | +$9.19M |
|
168
CSX Corp
CSX
$93.4B
| $79M | 0.14% |
4,342,569
-4,656,546
| -52% | -$79.8M |
|
169
PepsiCo
PEP
$190B
| $78.7M | 0.14% |
681,337
-101,749
| -13% | -$11.7M |
|
170
Deere & Co
DE
$160B
| $78M | 0.14% |
630,902
+624,326
| +9,494% | +$73.3M |
|
|
PARA
171
DELISTED
Paramount Global Class B
PARA
| $77.3M | 0.14% |
1,212,375
+1,062,701
| +710% | +$68M |
|
172
Trane Technologies
TT
$100B
| $76.5M | 0.14% |
837,390
+698,432
| +503% | +$61.3M |
|
173
Waste Management
WM
$90.6B
| $76.5M | 0.14% |
1,042,354
-435,534
| -29% | -$31.7M |
|
|
DOC
174
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $76.3M | 0.14% |
3,787,682
+2,840,254
| +300% | +$57.7M |
|
175
Oneok
OKE
$57.2B
| $76.3M | 0.14% |
1,462,047
-250,458
| -15% | -$13M |
|
Similar funds
Millennium Management's Q2 2017 Portfolio in Review
As of Q2 2017, Millennium Management held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Millennium Management's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 12% a quarter earlier, followed by Technology and Healthcare.
- Millennium Management's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Millennium Management added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Millennium Management's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Millennium Management fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Millennium Management's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Millennium Management opened 803 new positions and closed 840 in Q2 2017.
- Millennium Management's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.