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 | |
|---|---|---|---|---|---|---|
|
CADE
1851
DELISTED
Cadence Bancorporation
CADE
| $2.9M | 0.01% |
+132,369
| New | +$2.95M |
|
|
AVEO
1852
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $2.89M | 0.01% |
130,280
+127,157
| +4,072% | +$1M |
|
|
PMC
1853
DELISTED
PharMerica Corporation
PMC
| $2.89M | 0.01% |
+110,056
| New | +$2.71M |
|
1854
AerCap
AER
$23.9B
| $2.87M | 0.01% |
61,886
+37,247
| +151% | +$1.68M |
|
|
JNCE
1855
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $2.87M | 0.01% |
204,746
-89,116
| -30% | -$1.91M |
|
|
PSB
1856
DELISTED
PS Business Parks, Inc.
PSB
| $2.87M | 0.01% |
21,703
-15,998
| -42% | -$2M |
|
1857
BancFirst
BANF
$3.83B
| $2.87M | 0.01% |
59,452
+19,752
| +50% | +$937K |
|
1858
Illumina
ILMN
$29.3B
| $2.87M | 0.01% |
17,016
+10,083
| +145% | +$1.74M |
|
|
ALDR
1859
PUT
DELISTED
Alder Biopharmaceuticals
ALDR
| $2.86M | 0.01% |
+250,000
| New | +$4.62M |
|
1860
Five Point Holdings
FPH
$393M
| $2.86M | 0.01% |
+193,828
| New | +$2.95M |
|
|
INST
1861
DELISTED
Instructure, Inc.
INST
| $2.85M | 0.01% |
96,585
-65,319
| -40% | -$1.66M |
|
|
ZEUS
1862
DELISTED
Olympic Steel
ZEUS
| $2.84M | 0.01% |
145,849
+79,064
| +118% | +$1.45M |
|
1863
AXIS Capital
AXS
$7.72B
| $2.83M | 0.01% |
43,777
-10,730
| -20% | -$700K |
|
1864
U-Haul Holding Co
UHAL
$14.2B
| $2.83M | 0.01% |
+77,330
| New | +$2.8M |
|
1865
Manitowoc
MTW
$500M
| $2.83M | 0.01% |
+117,678
| New | +$2.75M |
|
1866
RELX
RELX
$67B
| $2.82M | 0.01% |
128,881
+102,151
| +382% | +$2.15M |
|
|
HMHC
1867
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $2.82M | 0.01% |
229,398
-543,168
| -70% | -$6.64M |
|
1868
CBIZ
CBZ
$2.94B
| $2.82M | 0.01% |
187,845
-72,464
| -28% | -$1.09M |
|
1869
Magnite
MGNI
$2.84B
| $2.81M | 0.01% |
547,003
+517,501
| +1,754% | +$2.84M |
|
|
RESI
1870
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $2.81M | 0.01% |
216,929
-942,543
| -81% | -$13.4M |
|
|
DFRG
1871
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $2.81M | 0.01% |
174,278
+85,597
| +97% | +$1.47M |
|
|
ESIO
1872
DELISTED
Electro Scientific Industries
ESIO
| $2.8M | 0.01% |
+339,731
| New | +$2.61M |
|
|
VSA
1873
VisionSys AI
VSA
$7.9M
| $2.8M | 0.01% |
62
+52
| +520% | +$2.41M |
|
1874
LyondellBasell Industries
LYB
$19.6B
| $2.78M | 0.01% |
32,975
-479,313
| -94% | -$39.8M |
|
|
AFSI
1875
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $2.78M | 0.01% |
183,634
-67,437
| -27% | -$996K |
|
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.