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 | |
|---|---|---|---|---|---|---|
1826
Carnival Corporation Ltd
CCL
$38.8B
| $3M | 0.01% |
45,723
-250,269
| -85% | -$15.6M |
|
1827
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $2.98M | 0.01% |
61,500
-11,865
| -16% | -$577K |
|
1828
American Vanguard Corp
AVD
$70.4M
| $2.97M | 0.01% |
172,340
+104,377
| +154% | +$1.8M |
|
|
ACH
1829
Accendra Health
ACH
$255M
| $2.97M | 0.01% |
92,327
+9,640
| +12% | +$316K |
|
|
CS
1830
DELISTED
Credit Suisse Group
CS
| $2.97M | 0.01% |
203,586
-809,258
| -80% | -$11.7M |
|
1831
Crocs
CROX
$6.67B
| $2.97M | 0.01% |
385,126
+37,973
| +11% | +$255K |
|
1832
Loews
L
$24.6B
| $2.97M | 0.01% |
63,431
-75,355
| -54% | -$3.53M |
|
1833
Ezcorp Inc
EZPW
$1.83B
| $2.96M | 0.01% |
383,806
+240,644
| +168% | +$2.1M |
|
1834
Hanmi Financial
HAFC
$941M
| $2.95M | 0.01% |
103,797
+36,629
| +55% | +$1.04M |
|
1835
Cisco
CSCO
$457B
| $2.94M | 0.01% |
94,082
-2,972,003
| -97% | -$96.8M |
|
1836
CALL
Brookdale Senior Living
BKD
$3.61B
| $2.94M | 0.01% |
+200,000
| New | +$2.76M |
|
1837
Wabtec
WAB
$50.3B
| $2.93M | 0.01% |
+31,975
| New | +$2.67M |
|
1838
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $2.92M | 0.01% |
34,591
+18,166
| +111% | +$1.53M |
|
|
BRFS
1839
DELISTED
BRF SA
BRFS
| $2.92M | 0.01% |
247,717
-265,813
| -52% | -$3.4M |
|
1840
Carlyle Secured Lending
CGBD
$715M
| $2.92M | 0.01% |
+162,162
| New | +$2.96M |
|
1841
Zillow
ZG
$8B
| $2.92M | 0.01% |
59,814
+53,187
| +803% | +$2.23M |
|
1842
Pearson
PSO
$10.6B
| $2.92M | 0.01% |
325,395
+226,709
| +230% | +$1.97M |
|
1843
Scorpio Tankers
STNG
$3.95B
| $2.91M | 0.01% |
73,394
+67,193
| +1,084% | +$2.72M |
|
|
CCRN
1844
DELISTED
Cross Country Healthcare
CCRN
| $2.91M | 0.01% |
225,664
-226,995
| -50% | -$2.92M |
|
1845
CALL
Hain Celestial
HAIN
$45.9M
| $2.91M | 0.01% |
+75,000
| New | +$2.71M |
|
1846
United States Oil Fund
USO
$2.14B
| $2.91M | 0.01% |
+38,265
| New | +$3.06M |
|
|
TVRD
1847
PUT
Tvardi Therapeutics
TVRD
$22.2M
| $2.91M | 0.01% |
+5,247
| New | +$3.33M |
|
1848
Universal Insurance Holdings
UVE
$1.26B
| $2.91M | 0.01% |
115,303
+93,379
| +426% | +$2.3M |
|
1849
Golub Capital BDC
GBDC
$3.38B
| $2.9M | 0.01% |
+155,122
| New | +$3.02M |
|
|
SRUNU
1850
DELISTED
Silver Run Acquisition Corporation II Units
SRUNU
| $2.9M | 0.01% |
271,500
-4,900
| -2% | -$51.1K |
|
Similar funds
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.