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 | |
|---|---|---|---|---|---|---|
|
MLNT
1801
DELISTED
Melinta Therapeutics, Inc. Common Stock
MLNT
| $4.41M | 0.01% |
+55,783
| New | +$4.13M |
|
|
SEE
1802
DELISTED
Sealed Air
SEE
| $4.4M | 0.01% |
89,233
-118,607
| -57% | -$5.45M |
|
|
ALXN
1803
DELISTED
Alexion Pharmaceuticals
ALXN
| $4.39M | 0.01% |
36,694
-227,394
| -86% | -$27.7M |
|
1804
CALL
Ally Financial
ALLY
$13.1B
| $4.37M | 0.01% |
+150,000
| New | +$3.98M |
|
|
LFIN
1805
DELISTED
LongFin Corp Class A Common Stock
LFIN
| $4.36M | 0.01% |
+77,423
| New | +$3.57M |
|
|
WBA
1806
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $4.36M | 0.01% |
+60,000
| New | +$4.23M |
|
1807
uniQure
QURE
$2.75B
| $4.34M | 0.01% |
221,554
-75,014
| -25% | -$1.14M |
|
1808
NetEase
NTES
$83B
| $4.33M | 0.01% |
62,735
-49,450
| -44% | -$3.09M |
|
1809
PUT
Cameco
CCJ
$36.8B
| $4.33M | 0.01% |
469,000
| – | – |
|
|
PDLI
1810
DELISTED
PDL BioPharma, Inc.
PDLI
| $4.32M | 0.01% |
1,577,606
-1,942,992
| -55% | -$5.97M |
|
|
BRFS
1811
DELISTED
BRF SA
BRFS
| $4.31M | 0.01% |
383,133
+297,246
| +346% | +$3.8M |
|
1812
RingCentral
RNG
$4.83B
| $4.29M | 0.01% |
88,530
-268,321
| -75% | -$12.2M |
|
1813
Fresenius Medical Care
FMS
$13.4B
| $4.27M | 0.01% |
81,277
+69,132
| +569% | +$3.43M |
|
|
ACOR
1814
DELISTED
Acorda Therapeutics
ACOR
| $4.26M | 0.01% |
+1,657
| New | +$4.71M |
|
|
TSG
1815
DELISTED
The Stars Group Inc.
TSG
| $4.26M | 0.01% |
182,926
-81,343
| -31% | -$1.77M |
|
|
LKFT
1816
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.82B
| $4.26M | 0.01% |
+45,404
| New | +$4.29M |
|
1817
Belden
BDC
$3.97B
| $4.26M | 0.01% |
55,156
+40,211
| +269% | +$3.32M |
|
1818
LiveRamp
RAMP
$2.29B
| $4.25M | 0.01% |
154,254
+97,104
| +170% | +$2.55M |
|
1819
Smart Sand
SND
$179M
| $4.25M | 0.01% |
490,170
+397,720
| +430% | +$3.08M |
|
|
SHLO
1820
DELISTED
Shiloh Industries Inc
SHLO
| $4.24M | 0.01% |
517,617
-79,517
| -13% | -$723K |
|
|
CAJ
1821
DELISTED
Canon, Inc.
CAJ
| $4.24M | 0.01% |
113,389
-35,277
| -24% | -$1.32M |
|
|
GOGL
1822
DELISTED
Golden Ocean Group
GOGL
| $4.24M | 0.01% |
519,955
+395,265
| +317% | +$3.2M |
|
1823
iShares US Real Estate ETF
IYR
$4.75B
| $4.24M | 0.01% |
+52,268
| New | +$4.24M |
|
1824
Sierra Bancorp
BSRR
$532M
| $4.21M | 0.01% |
158,681
+75,354
| +90% | +$2.02M |
|
|
FPI
1825
Farmland Partners
FPI
$415M
| $4.21M | 0.01% |
+484,537
| New | +$4.34M |
|
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.