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 | |
|---|---|---|---|---|---|---|
1876
Travelers Companies
TRV
$81.1B
| $3.9M | 0.01% |
28,779
-39,302
| -58% | -$5.19M |
|
1877
Realty Income
O
$61.1B
| $3.9M | 0.01% |
+70,575
| New | +$3.83M |
|
1878
Century Casinos
CNTY
$32.9M
| $3.89M | 0.01% |
425,787
+330,251
| +346% | +$2.87M |
|
|
INWK
1879
DELISTED
InnerWorkings, Inc.
INWK
| $3.86M | 0.01% |
+384,524
| New | +$4.13M |
|
1880
First Hawaiian
FHB
$3.41B
| $3.84M | 0.01% |
+131,687
| New | +$3.86M |
|
1881
Movado Group
MOV
$840M
| $3.84M | 0.01% |
119,302
+60,516
| +103% | +$1.75M |
|
1882
Astec Industries
ASTE
$1.17B
| $3.84M | 0.01% |
65,565
+52,508
| +402% | +$2.82M |
|
1883
Capitol Federal Financial
CFFN
$1.09B
| $3.83M | 0.01% |
285,992
-44,501
| -13% | -$624K |
|
1884
NACCO Industries
NC
$359M
| $3.82M | 0.01% |
+101,519
| New | +$4.08M |
|
1885
Oaktree Specialty Lending
OCSL
$1.05B
| $3.81M | 0.01% |
+260,057
| New | +$4.16M |
|
|
NEWR
1886
DELISTED
New Relic, Inc.
NEWR
| $3.81M | 0.01% |
65,948
-376,201
| -85% | -$20.5M |
|
1887
Open Text
OTEX
$6.28B
| $3.81M | 0.01% |
106,790
-625,851
| -85% | -$20.9M |
|
|
SRDX
1888
DELISTED
Surmodics
SRDX
| $3.8M | 0.01% |
135,676
+75,630
| +126% | +$2.31M |
|
|
SUP
1889
DELISTED
Superior Industries International
SUP
| $3.8M | 0.01% |
255,815
+132,008
| +107% | +$2.11M |
|
|
JCP
1890
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $3.79M | 0.01% |
+1,200,000
| New | +$3.86M |
|
|
NVTA
1891
DELISTED
Invitae Corporation
NVTA
| $3.79M | 0.01% |
417,562
-1,308,720
| -76% | -$11.7M |
|
|
ACET
1892
DELISTED
Aceto Corp
ACET
| $3.79M | 0.01% |
366,602
-126,406
| -26% | -$1.33M |
|
|
RARX
1893
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $3.78M | 0.01% |
444,697
-187,060
| -30% | -$2.3M |
|
|
LNW
1894
DELISTED
Light & Wonder
LNW
| $3.78M | 0.01% |
73,643
+18,823
| +34% | +$917K |
|
1895
Southern Company
SO
$108B
| $3.77M | 0.01% |
+78,414
| New | +$4M |
|
1896
Lexicon Pharmaceuticals
LXRX
$1.03B
| $3.77M | 0.01% |
381,266
-2,605
| -0.7% | -$27.1K |
|
|
TIER
1897
DELISTED
TIER REIT, Inc.
TIER
| $3.76M | 0.01% |
184,583
+39,301
| +27% | +$775K |
|
1898
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.87B
| $3.75M | 0.01% |
135,983
-136,631
| -50% | -$3.79M |
|
|
TA
1899
DELISTED
TravelCenters of America LLC
TA
| $3.75M | 0.01% |
182,816
+143,088
| +360% | +$3.32M |
|
1900
Arrowhead Research
ARWR
$12.1B
| $3.74M | 0.01% |
1,016,427
-255,711
| -20% | -$950K |
|
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.