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 | |
|---|---|---|---|---|---|---|
1726
Lesaka Technologies
LSAK
$420M
| $3.2M | 0.01% |
261,660
-135,725
| -34% | -$1.7M |
|
1727
Mercer International
MERC
$39.8M
| $3.19M | 0.01% |
+272,724
| New | +$3.21M |
|
|
CNCE
1728
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $3.19M | 0.01% |
186,800
-46,096
| -20% | -$553K |
|
1729
Orion
OEC
$409M
| $3.18M | 0.01% |
155,191
+92,107
| +146% | +$1.89M |
|
1730
TD Synnex
SNX
$20.2B
| $3.17M | 0.01% |
56,720
+32,480
| +134% | +$1.93M |
|
1731
Safety Insurance
SAFT
$1.52B
| $3.17M | 0.01% |
45,284
-41,610
| -48% | -$2.98M |
|
1732
iShares Russell 2000 Value ETF
IWN
$14.6B
| $3.17M | 0.01% |
26,800
-21,200
| -44% | -$2.52M |
|
|
ALDR
1733
DELISTED
Alder Biopharmaceuticals
ALDR
| $3.15M | 0.01% |
151,371
+125,059
| +475% | +$2.77M |
|
1734
iShares MSCI USA Min Vol Factor ETF
USMV
$24.2B
| $3.14M | 0.01% |
65,789
-17,652
| -21% | -$826K |
|
|
PBPB
1735
DELISTED
Potbelly
PBPB
| $3.14M | 0.01% |
225,755
-114,288
| -34% | -$1.5M |
|
|
PTLA
1736
CALL
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $3.13M | 0.01% |
80,000
+55,000
| +220% | +$1.75M |
|
1737
Hooker Furnishings Corp
HOFT
$166M
| $3.13M | 0.01% |
100,875
-32,202
| -24% | -$1.07M |
|
1738
First Busey Corp
BUSE
$2.58B
| $3.13M | 0.01% |
106,389
+81,817
| +333% | +$2.47M |
|
|
EGL
1739
DELISTED
Engility Holdings, Inc.
EGL
| $3.12M | 0.01% |
107,954
-118,115
| -52% | -$3.61M |
|
|
TAHO
1740
DELISTED
Tahoe Resources Inc
TAHO
| $3.12M | 0.01% |
388,401
+181,762
| +88% | +$1.57M |
|
1741
Invesco DB US Dollar Index Bullish Fund
UUP
$422M
| $3.11M | 0.01% |
120,000
-57,543
| -32% | -$1.5M |
|
1742
Halozyme
HALO
$12.2B
| $3.11M | 0.01% |
239,687
-144,412
| -38% | -$1.83M |
|
1743
Unisys
UIS
$217M
| $3.1M | 0.01% |
222,488
-214,208
| -49% | -$2.97M |
|
1744
Malibu Boats
MBUU
$567M
| $3.08M | 0.01% |
137,411
+506
| +0.4% | +$10.2K |
|
|
CYBR
1745
DELISTED
CyberArk
CYBR
| $3.07M | 0.01% |
60,437
+25,560
| +73% | +$1.3M |
|
1746
Kaiser Aluminum
KALU
$3.02B
| $3.07M | 0.01% |
38,460
-36,777
| -49% | -$2.92M |
|
1747
Barrett Business Services
BBSI
$804M
| $3.06M | 0.01% |
223,864
+81,516
| +57% | +$1.22M |
|
1748
CALL
O-I Glass
OI
$1.08B
| $3.06M | 0.01% |
150,000
+100,000
| +200% | +$1.96M |
|
1749
CALL
Jack in the Box
JACK
$335M
| $3.05M | 0.01% |
+30,000
| New | +$3.11M |
|
1750
Financial Institutions
FISI
$821M
| $3.05M | 0.01% |
92,459
-46,458
| -33% | -$1.55M |
|
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.