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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.27% |
| 2 | Technology | 12.59% |
| 3 | Healthcare | 10.49% |
| 4 | Industrials | 10.32% |
| 5 | Consumer Discretionary | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LXFT
1801
DELISTED
Luxoft Holding, Inc.
LXFT
| $3.92M | 0.01% |
82,016
+32,148
| +64% | +$1.75M |
|
1802
IMAX
IMAX
$2.66B
| $3.92M | 0.01% |
172,976
-164,099
| -49% | -$3.38M |
|
1803
Stagwell
STGW
$2.24B
| $3.92M | 0.01% |
356,190
+272,767
| +327% | +$2.75M |
|
1804
Liberty Global Class C
LBTYK
$3.49B
| $3.9M | 0.01% |
119,425
+105,818
| +778% | +$3.42M |
|
1805
SSR Mining
SSRM
$6.48B
| $3.9M | 0.01% |
+367,763
| New | +$3.74M |
|
1806
Algonquin Power & Utilities
AQN
$4.42B
| $3.89M | 0.01% |
368,317
-92,323
| -20% | -$980K |
|
|
KW
1807
DELISTED
Kennedy-Wilson Holdings
KW
| $3.89M | 0.01% |
209,829
-174,140
| -45% | -$3.36M |
|
|
NVO
1808
Novo Nordisk
NVO
$209B
| $3.89M | 0.01% |
161,610
-344,250
| -68% | -$7.78M |
|
1809
CALL
Medtronic
MDT
$112B
| $3.89M | 0.01% |
50,000
+30,000
| +150% | +$2.49M |
|
1810
Rayonier
RYN
$6.55B
| $3.89M | 0.01% |
148,392
+3,987
| +3% | +$104K |
|
1811
iShares Floating Rate Bond ETF
FLOT
$10.3B
| $3.89M | 0.01% |
+76,330
| New | +$3.88M |
|
1812
Intel
INTC
$513B
| $3.88M | 0.01% |
101,971
-1,937,713
| -95% | -$68.9M |
|
1813
Sturm, Ruger & Co
RGR
$593M
| $3.87M | 0.01% |
74,816
+69,123
| +1,214% | +$3.65M |
|
1814
iShares Silver Trust
SLV
$30.7B
| $3.86M | 0.01% |
245,000
+103,192
| +73% | +$1.64M |
|
|
HZN
1815
DELISTED
Horizon Global Corporation
HZN
| $3.83M | 0.01% |
216,891
+200,289
| +1,206% | +$3.26M |
|
1816
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.62B
| $3.8M | 0.01% |
79,509
+13,943
| +21% | +$665K |
|
|
TUES
1817
DELISTED
Tuesday Morning Corp
TUES
| $3.8M | 0.01% |
1,187,825
-246,806
| -17% | -$503K |
|
|
PNNT
1818
Pennant Park Investment Corp
PNNT
$241M
| $3.78M | 0.01% |
503,811
+358,033
| +246% | +$2.69M |
|
|
BBG
1819
DELISTED
Bill Barrett Corp
BBG
| $3.78M | 0.01% |
881,596
+794,496
| +912% | +$2.64M |
|
|
PARAA
1820
DELISTED
Paramount Global Class A
PARAA
| $3.76M | 0.01% |
64,400
+25,851
| +67% | +$1.65M |
|
|
WFBI
1821
DELISTED
WashingtonFirst Bankshares Inc
WFBI
| $3.76M | 0.01% |
105,602
+11,952
| +13% | +$405K |
|
|
AVTA
1822
DELISTED
Avantax, Inc. Common Stock
AVTA
| $3.75M | 0.01% |
148,041
+86,400
| +140% | +$1.96M |
|
|
CAA
1823
DELISTED
CalAtlantic Group, Inc.
CAA
| $3.74M | 0.01% |
102,182
-319,634
| -76% | -$11.4M |
|
1824
Workiva
WK
$3.54B
| $3.74M | 0.01% |
179,189
+122,063
| +214% | +$2.42M |
|
|
EXPR
1825
DELISTED
Express, Inc.
EXPR
| $3.73M | 0.01% |
+27,576
| New | +$3.48M |
|
Similar funds
Millennium Management's Q3 2017 Portfolio in Review
As of Q3 2017, Millennium Management held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Millennium Management deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Millennium Management's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Millennium Management added most to Salesforce in Q3 2017, an estimated $208M increase.
- Millennium Management's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Millennium Management fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Millennium Management's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Millennium Management opened 794 new positions and closed 737 in Q3 2017.
- Millennium Management's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.