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 | |
|---|---|---|---|---|---|---|
|
VNET
1751
VNET Group
VNET
$1.79B
| $4.83M | 0.01% |
605,605
+593,645
| +4,964% | +$4.32M |
|
1752
Customers Bancorp
CUBI
$2.66B
| $4.83M | 0.01% |
185,932
-152,784
| -45% | -$4.34M |
|
|
APTS
1753
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $4.83M | 0.01% |
238,559
+120,554
| +102% | +$2.48M |
|
|
WFBI
1754
DELISTED
WashingtonFirst Bankshares Inc
WFBI
| $4.82M | 0.01% |
140,713
+35,111
| +33% | +$1.22M |
|
|
CYOU
1755
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $4.82M | 0.01% |
132,272
+21,796
| +20% | +$824K |
|
|
ACRE
1756
Ares Commercial Real Estate
ACRE
$247M
| $4.81M | 0.01% |
372,628
-21,126
| -5% | -$281K |
|
|
CHA
1757
DELISTED
China Telecom Corporation, LTD
CHA
| $4.78M | 0.01% |
100,773
-22,823
| -18% | -$1.14M |
|
|
SCHW
1758
Charles Schwab
SCHW
$182B
| $4.78M | 0.01% |
93,002
-9,806
| -10% | -$461K |
|
|
SRNE
1759
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $4.77M | 0.01% |
1,256,154
+703,505
| +127% | +$1.83M |
|
1760
Public Storage
PSA
$61.5B
| $4.77M | 0.01% |
+22,830
| New | +$4.83M |
|
1761
John Wiley & Sons Class A
WLY
$2.83B
| $4.77M | 0.01% |
72,564
+12,741
| +21% | +$737K |
|
|
FCRD
1762
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $4.77M | 0.01% |
527,015
+396,355
| +303% | +$3.67M |
|
1763
Invesco CurrencyShares British Pound Sterling Trust
FXB
$77.1M
| $4.75M | 0.01% |
+36,166
| New | +$4.67M |
|
1764
TAL Education Group
TAL
$6.04B
| $4.74M | 0.01% |
159,615
+50,022
| +46% | +$1.52M |
|
1765
AdvanSix
ASIX
$542M
| $4.74M | 0.01% |
112,703
-310,382
| -73% | -$13.3M |
|
1766
CALL
Incyte
INCY
$25.4B
| $4.74M | 0.01% |
+50,000
| New | +$5.23M |
|
1767
Stagwell
STGW
$2B
| $4.71M | 0.01% |
483,265
+127,075
| +36% | +$1.4M |
|
1768
Chesapeake Utilities
CPK
$3.28B
| $4.7M | 0.01% |
+59,826
| New | +$4.83M |
|
|
CVG
1769
DELISTED
Convergys
CVG
| $4.66M | 0.01% |
198,230
-63,162
| -24% | -$1.56M |
|
1770
Kura Oncology
KURA
$793M
| $4.65M | 0.01% |
303,905
+79,989
| +36% | +$1.18M |
|
|
CLD
1771
DELISTED
Cloud Peak Energy Inc
CLD
| $4.64M | 0.01% |
1,042,506
+918,196
| +739% | +$3.86M |
|
1772
CALL
Eastman Chemical
EMN
$7.69B
| $4.63M | 0.01% |
+50,000
| New | +$4.54M |
|
1773
Littelfuse
LFUS
$10.4B
| $4.63M | 0.01% |
23,396
-32,456
| -58% | -$6.51M |
|
1774
BCE
BCE
$20.8B
| $4.62M | 0.01% |
+96,190
| New | +$4.58M |
|
1775
CALL
Intel
INTC
$413B
| $4.62M | 0.01% |
100,000
-500,000
| -83% | -$21.8M |
|
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.