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 | |
|---|---|---|---|---|---|---|
1851
J.M. Smucker
SJM
$12.8B
| $3.54M | 0.01% |
33,696
-354,232
| -91% | -$40.5M |
|
1852
ASML
ASML
$669B
| $3.53M | 0.01% |
+20,632
| New | +$3.16M |
|
1853
Opko Health
OPK
$1.02B
| $3.53M | 0.01% |
514,741
-31,726
| -6% | -$200K |
|
|
IPHS
1854
DELISTED
Innophos Holdings, Inc.
IPHS
| $3.53M | 0.01% |
71,753
+44,770
| +166% | +$2.02M |
|
|
KANG
1855
DELISTED
iKang Healthcare Group, Inc.
KANG
| $3.53M | 0.01% |
261,900
-270,861
| -51% | -$3.62M |
|
1856
Fluor
FLR
$7.96B
| $3.52M | 0.01% |
83,659
-84,081
| -50% | -$3.49M |
|
1857
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $3.51M | 0.01% |
34,567
+14,400
| +71% | +$1.46M |
|
|
LSXMA
1858
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $3.51M | 0.01% |
115,956
+51,624
| +80% | +$1.6M |
|
1859
AngloGold Ashanti
AU
$48.7B
| $3.5M | 0.01% |
376,966
-908,335
| -71% | -$8.78M |
|
|
FFWM
1860
DELISTED
First Foundation Inc
FFWM
| $3.5M | 0.01% |
195,343
+106,755
| +121% | +$1.81M |
|
1861
Waterstone Financial
WSBF
$375M
| $3.49M | 0.01% |
179,187
-1,264
| -0.7% | -$23.3K |
|
1862
Ryman Hospitality Properties
RHP
$7.63B
| $3.48M | 0.01% |
55,743
-8,651
| -13% | -$528K |
|
1863
Diamondback Energy
FANG
$52.7B
| $3.48M | 0.01% |
35,542
+13,558
| +62% | +$1.25M |
|
1864
CALL
RTX Corp
RTX
$301B
| $3.48M | 0.01% |
+47,670
| New | +$3.53M |
|
|
SRG
1865
Seritage Growth Properties
SRG
$136M
| $3.48M | 0.01% |
+75,526
| New | +$3.5M |
|
1866
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $3.48M | 0.01% |
29,868
-18,645
| -38% | -$2.15M |
|
1867
Clean Energy Fuels
CLNE
$347M
| $3.47M | 0.01% |
1,400,841
+330,503
| +31% | +$833K |
|
1868
EnerSys
ENS
$6.99B
| $3.47M | 0.01% |
50,219
-19,023
| -27% | -$1.3M |
|
|
ARII
1869
DELISTED
American Railcar Industries, Inc.
ARII
| $3.46M | 0.01% |
89,774
-29,767
| -25% | -$1.09M |
|
1870
Generac Holdings
GNRC
$12.5B
| $3.46M | 0.01% |
75,336
+65,464
| +663% | +$2.57M |
|
|
NCNA
1871
NuCana
NCNA
$6.12M
| $3.46M | 0.01% |
+38
| New | +$3.28M |
|
1872
PDS Biotechnology
PDSB
$43.4M
| $3.45M | 0.01% |
16,056
+78
| +0.5% | +$16.1K |
|
1873
Kadant
KAI
$3.99B
| $3.44M | 0.01% |
34,876
-18,886
| -35% | -$1.6M |
|
|
FCB
1874
DELISTED
FCB Financial Holdings, Inc.
FCB
| $3.44M | 0.01% |
71,129
-22,769
| -24% | -$1.04M |
|
|
LTRPA
1875
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $3.43M | 0.01% |
277,519
-141,835
| -34% | -$1.76M |
|
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.