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 | |
|---|---|---|---|---|---|---|
1926
Barrett Business Services
BBSI
$804M
| $3.15M | ﹤0.01% |
222,572
+180,952
| +435% | +$2.45M |
|
|
ORIT
1927
DELISTED
Oritani Financial Corp. New
ORIT
| $3.14M | ﹤0.01% |
186,892
+40,077
| +27% | +$659K |
|
1928
Evercore
EVR
$11.8B
| $3.14M | ﹤0.01% |
39,111
+4,187
| +12% | +$315K |
|
1929
AT&T
T
$163B
| $3.14M | ﹤0.01% |
106,070
-113,286
| -52% | -$3.22M |
|
1930
PUT
Viatris
VTRS
$18.9B
| $3.14M | ﹤0.01% |
100,000
-50,000
| -33% | -$1.7M |
|
1931
Acco Brands
ACCO
$407M
| $3.13M | ﹤0.01% |
263,260
-235,219
| -47% | -$2.68M |
|
|
SPPI
1932
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $3.13M | ﹤0.01% |
222,359
+140,309
| +171% | +$1.27M |
|
1933
PUT
Bath & Body Works
BBWI
$4.1B
| $3.12M | ﹤0.01% |
+92,775
| New | +$3.11M |
|
|
K
1934
CALL
DELISTED
Kellanova
K
| $3.12M | ﹤0.01% |
+53,250
| New | +$3.36M |
|
|
XENT
1935
CALL
DELISTED
Intersect ENT, Inc
XENT
| $3.12M | ﹤0.01% |
100,000
+50,000
| +100% | +$1.48M |
|
1936
iShares MSCI Germany ETF
EWG
$1.62B
| $3.11M | ﹤0.01% |
+95,792
| New | +$2.98M |
|
|
CUDA
1937
DELISTED
Barracuda Networks, Inc.
CUDA
| $3.09M | ﹤0.01% |
127,344
-90,059
| -41% | -$2.12M |
|
1938
CALL
T-Mobile US
TMUS
$190B
| $3.08M | ﹤0.01% |
50,000
| – | – |
|
1939
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $3.08M | ﹤0.01% |
58,496
+18,166
| +45% | +$957K |
|
1940
NVR
NVR
$17B
| $3.08M | ﹤0.01% |
+1,079
| New | +$2.89M |
|
1941
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $3.08M | ﹤0.01% |
63,303
+1,803
| +3% | +$87.9K |
|
1942
UNIFI
UFI
$134M
| $3.07M | ﹤0.01% |
86,246
+70,397
| +444% | +$2.22M |
|
|
RXDX
1943
DELISTED
Ignyta, Inc.
RXDX
| $3.07M | ﹤0.01% |
248,770
+26,624
| +12% | +$274K |
|
|
CHU
1944
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $3.07M | ﹤0.01% |
218,575
+159,831
| +272% | +$2.33M |
|
1945
PC Connection
CNXN
$2.12B
| $3.07M | ﹤0.01% |
108,754
+47,368
| +77% | +$1.23M |
|
|
KDNY
1946
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $3.06M | ﹤0.01% |
57,490
+46,486
| +422% | +$2.76M |
|
|
SWN
1947
CALL
DELISTED
Southwestern Energy Company
SWN
| $3.06M | ﹤0.01% |
+500,000
| New | +$2.83M |
|
1948
State Street SPDR S&P Dividend ETF
SDY
$23.9B
| $3.05M | ﹤0.01% |
33,428
+11,340
| +51% | +$1.02M |
|
1949
Medpace
MEDP
$16.5B
| $3.05M | ﹤0.01% |
+95,626
| New | +$2.92M |
|
1950
Federal Realty Investment Trust
FRT
$10.3B
| $3.04M | ﹤0.01% |
24,463
-249,169
| -91% | -$32.1M |
|
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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.