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 | |
|---|---|---|---|---|---|---|
|
NBRV
1726
DELISTED
Nabriva Therapeutics plc Ordinary Shares Ireland
NBRV
| $5.19M | 0.01% |
+3,470
| New | +$5.49M |
|
1727
GoPro
GPRO
$120M
| $5.18M | 0.01% |
683,978
+517,298
| +310% | +$4.59M |
|
1728
Hilton Worldwide
HLT
$72.4B
| $5.15M | 0.01% |
+64,448
| New | +$4.78M |
|
1729
Howmet Aerospace
HWM
$109B
| $5.14M | 0.01% |
246,165
-2,924,705
| -92% | -$56.9M |
|
1730
Johnson Outdoors
JOUT
$496M
| $5.14M | 0.01% |
82,786
+6,716
| +9% | +$470K |
|
1731
VEON
VEON
$3.5B
| $5.14M | 0.01% |
53,544
-2,797
| -5% | -$273K |
|
|
THS
1732
DELISTED
Treehouse Foods
THS
| $5.14M | 0.01% |
+103,864
| New | +$5.56M |
|
1733
CALL
Tronox
TROX
$967M
| $5.13M | 0.01% |
+250,000
| New | +$6.1M |
|
|
ICPT
1734
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.11M | 0.01% |
87,461
-1,358
| -2% | -$85.6K |
|
1735
Veracyte
VCYT
$4.45B
| $5.1M | 0.01% |
780,770
+23,089
| +3% | +$172K |
|
1736
Penske Automotive Group
PAG
$14.7B
| $5.05M | 0.01% |
105,556
-36,920
| -26% | -$1.74M |
|
1737
Griffon
GFF
$4.02B
| $5.03M | 0.01% |
247,110
-148,646
| -38% | -$3.25M |
|
1738
Nabors Industries
NBR
$1.17B
| $5.01M | 0.01% |
14,686
+10,404
| +243% | +$3.31M |
|
|
VXX
1739
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $5.01M | 0.01% |
179,474
+26,381
| +17% | +$870K |
|
|
PRFT
1740
DELISTED
Perficient Inc
PRFT
| $5.01M | 0.01% |
262,813
+210,413
| +402% | +$4.07M |
|
|
RTEC
1741
DELISTED
Rudolph Technologies Inc
RTEC
| $4.98M | 0.01% |
208,511
+175,428
| +530% | +$4.5M |
|
|
NXEO
1742
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $4.98M | 0.01% |
546,901
+410,548
| +301% | +$3.24M |
|
1743
CALL
Puma Biotechnology
PBYI
$398M
| $4.94M | 0.01% |
50,000
+20,000
| +67% | +$2.24M |
|
|
WINS
1744
DELISTED
Wins Finance Holdings Inc. Ordinary Shares (Cayman Islands)
WINS
| $4.94M | 0.01% |
+27,434
| New | +$4.15M |
|
1745
Amtech Systems
ASYS
$239M
| $4.93M | 0.01% |
489,431
+345,383
| +240% | +$4.22M |
|
1746
Advanced Micro Devices
AMD
$700B
| $4.88M | 0.01% |
474,836
-3,425,251
| -88% | -$40M |
|
|
MIK
1747
DELISTED
Michaels Stores, Inc
MIK
| $4.88M | 0.01% |
201,683
-171,257
| -46% | -$3.54M |
|
1748
Aldeyra Therapeutics
ALDX
$97.1M
| $4.87M | 0.01% |
715,679
+170,594
| +31% | +$1.12M |
|
1749
Harmony Gold Mining
HMY
$9.7B
| $4.86M | 0.01% |
2,599,459
-1,507,076
| -37% | -$2.7M |
|
1750
TransDigm Group
TDG
$70.7B
| $4.84M | 0.01% |
17,617
-44,368
| -72% | -$12.1M |
|
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.