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 | |
|---|---|---|---|---|---|---|
|
AFAM
1801
CALL
DELISTED
Almost Family Inc
AFAM
| $3.08M | 0.01% |
+50,000
| New | +$2.74M |
|
|
TXNM
1802
TXNM Energy Inc
TXNM
$6.39B
| $3.08M | 0.01% |
80,405
-259,604
| -76% | -$9.88M |
|
1803
Open Text
OTEX
$6.28B
| $3.07M | 0.01% |
97,322
+79,480
| +445% | +$2.62M |
|
1804
Navient
NAVI
$819M
| $3.06M | 0.01% |
183,913
-8,927
| -5% | -$135K |
|
|
CTLT
1805
DELISTED
CATALENT, INC.
CTLT
| $3.06M | 0.01% |
87,142
+191
| +0.2% | +$6.28K |
|
1806
Ecopetrol
EC
$33.7B
| $3.06M | 0.01% |
336,444
-168,486
| -33% | -$1.58M |
|
1807
Fabrinet
FN
$14.9B
| $3.06M | 0.01% |
71,689
-54,866
| -43% | -$2.07M |
|
|
DYNC
1808
DELISTED
Vistra Energy Corp.
DYNC
| $3.04M | 0.01% |
50,000
| – | – |
|
1809
Alpha and Omega Semiconductor
AOSL
$829M
| $3.03M | 0.01% |
181,999
-6,875
| -4% | -$122K |
|
|
SAND
1810
DELISTED
Sandstorm Gold
SAND
| $3.03M | 0.01% |
783,862
+759,162
| +3,074% | +$2.88M |
|
|
LXFT
1811
DELISTED
Luxoft Holding, Inc.
LXFT
| $3.03M | 0.01% |
49,868
+39,437
| +378% | +$2.47M |
|
|
FBNK
1812
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $3.03M | 0.01% |
118,273
+72,122
| +156% | +$1.84M |
|
1813
Pan American Silver
PAAS
$17.9B
| $3.03M | 0.01% |
180,313
-1,185,913
| -87% | -$20.5M |
|
1814
CALL
T-Mobile US
TMUS
$195B
| $3.03M | 0.01% |
50,000
-100,000
| -67% | -$6.51M |
|
|
MDSO
1815
DELISTED
Medidata Solutions, Inc.
MDSO
| $3.03M | 0.01% |
38,756
-72,287
| -65% | -$5.04M |
|
1816
Axcelis
ACLS
$3.44B
| $3.03M | 0.01% |
144,622
+6,697
| +5% | +$142K |
|
1817
PUT
Baxter International
BAX
$12.8B
| $3.03M | 0.01% |
+50,000
| New | +$2.84M |
|
1818
CALL
Enovis
ENOV
$1.74B
| $3.02M | 0.01% |
+58,100
| New | +$3.96M |
|
1819
Labcorp
LH
$25.2B
| $3.02M | 0.01% |
22,796
-426,133
| -95% | -$52.2M |
|
|
APTI
1820
DELISTED
Apptio, Inc. Class A Common Stock
APTI
| $3.02M | 0.01% |
173,932
-20,746
| -11% | -$305K |
|
|
EACQ
1821
DELISTED
Easterly Acquisition Corp
EACQ
| $3.02M | 0.01% |
+300,000
| New | +$2.99M |
|
1822
Prologis
PLD
$136B
| $3.01M | 0.01% |
51,308
-490,034
| -91% | -$27.3M |
|
1823
Assembly Biosciences
ASMB
$498M
| $3.01M | 0.01% |
12,139
-9,005
| -43% | -$2.54M |
|
|
NFBK
1824
DELISTED
Northfield Bancorp
NFBK
| $3M | 0.01% |
+175,047
| New | +$3.05M |
|
|
SPNS
1825
DELISTED
Sapiens International
SPNS
| $3M | 0.01% |
268,139
+255,821
| +2,077% | +$3.19M |
|
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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.