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 | |
|---|---|---|---|---|---|---|
1976
Mercantile Bank Corp
MBWM
$1.04B
| $3.25M | ﹤0.01% |
+92,030
| New | +$3.31M |
|
1977
iShares Select Dividend ETF
DVY
$23.8B
| $3.25M | ﹤0.01% |
32,997
-3,168
| -9% | -$305K |
|
1978
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $3.25M | ﹤0.01% |
98,658
-131,633
| -57% | -$4.34M |
|
1979
PUT
ICU Medical
ICUI
$4.16B
| $3.24M | ﹤0.01% |
15,000
-5,000
| -25% | -$1.01M |
|
|
XENT
1980
CALL
DELISTED
Intersect ENT, Inc
XENT
| $3.24M | ﹤0.01% |
100,000
| – | – |
|
1981
Ingles Markets
IMKTA
$1.72B
| $3.23M | ﹤0.01% |
93,370
-1,982
| -2% | -$54K |
|
1982
Flexsteel Industries
FLXS
$308M
| $3.23M | ﹤0.01% |
69,056
+10,800
| +19% | +$529K |
|
1983
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.76B
| $3.23M | ﹤0.01% |
84,965
+3,032
| +4% | +$114K |
|
1984
Vanguard Growth ETF
VUG
$212B
| $3.22M | ﹤0.01% |
137,520
+114,180
| +489% | +$2.62M |
|
|
AKRX
1985
PUT
DELISTED
Akorn Inc
AKRX
| $3.22M | ﹤0.01% |
100,000
| – | – |
|
1986
CALL
Becton Dickinson
BDX
$46.4B
| $3.21M | ﹤0.01% |
+15,375
| New | +$3.22M |
|
|
AERI
1987
CALL
DELISTED
Aerie Pharmaceuticals
AERI
| $3.21M | ﹤0.01% |
53,700
-86,300
| -62% | -$5.23M |
|
1988
Sunstone Hotel Investors
SHO
$2.19B
| $3.21M | ﹤0.01% |
193,951
-1,998,078
| -91% | -$33.1M |
|
1989
Franco-Nevada
FNV
$41.4B
| $3.21M | ﹤0.01% |
+40,086
| New | +$3.22M |
|
1990
Philips
PHG
$25.5B
| $3.21M | ﹤0.01% |
111,693
+105,006
| +1,570% | +$3.16M |
|
1991
Regenxbio
RGNX
$620M
| $3.2M | ﹤0.01% |
+96,358
| New | +$2.9M |
|
1992
Gray Television
GTN
$436M
| $3.19M | ﹤0.01% |
+190,762
| New | +$2.98M |
|
|
WOW
1993
DELISTED
WideOpenWest
WOW
| $3.19M | ﹤0.01% |
302,192
+114,633
| +61% | +$1.35M |
|
|
NAGE
1994
Niagen Bioscience
NAGE
$256M
| $3.19M | ﹤0.01% |
542,994
+205,852
| +61% | +$1.11M |
|
|
LTM
1995
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $3.19M | ﹤0.01% |
+229,589
| New | +$3.07M |
|
1996
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.59B
| $3.18M | ﹤0.01% |
67,444
-12,065
| -15% | -$571K |
|
|
PRTY
1997
DELISTED
Party City Holdco Inc.
PRTY
| $3.16M | ﹤0.01% |
226,618
+186,519
| +465% | +$2.3M |
|
|
GOOS
1998
CALL
Canada Goose Holdings
GOOS
$901M
| $3.16M | ﹤0.01% |
+100,000
| New | +$2.45M |
|
|
ISEE
1999
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $3.15M | ﹤0.01% |
1,007,890
+339,656
| +51% | +$955K |
|
2000
Albemarle
ALB
$13.4B
| $3.14M | ﹤0.01% |
24,580
-242,154
| -91% | -$32.8M |
|
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.