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 | |
|---|---|---|---|---|---|---|
2026
Deluxe
DLX
$1.25B
| $3M | ﹤0.01% |
+39,062
| New | +$2.82M |
|
2027
Ares Capital
ARCC
$13.6B
| $3M | ﹤0.01% |
190,909
-1,120,935
| -85% | -$18.2M |
|
2028
Seres Therapeutics
MCRB
$45.8M
| $3M | ﹤0.01% |
14,784
+4,247
| +40% | +$873K |
|
2029
Silicom
SILC
$205M
| $2.99M | ﹤0.01% |
42,660
+16,598
| +64% | +$1.13M |
|
2030
AutoNation
AN
$7.74B
| $2.99M | ﹤0.01% |
+58,234
| New | +$2.95M |
|
2031
Centene
CNC
$30.5B
| $2.99M | ﹤0.01% |
+59,220
| New | +$2.87M |
|
|
NCOM
2032
DELISTED
National Commerce Corporation
NCOM
| $2.97M | ﹤0.01% |
73,795
+58,307
| +376% | +$2.41M |
|
2033
Vanguard Real Estate ETF
VNQ
$39.9B
| $2.96M | ﹤0.01% |
35,719
-130,829
| -79% | -$11M |
|
2034
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $2.95M | ﹤0.01% |
61,616
-1,687
| -3% | -$81.5K |
|
|
CMD
2035
DELISTED
Cantel Medical Corporation
CMD
| $2.95M | ﹤0.01% |
28,636
-58,947
| -67% | -$5.87M |
|
|
SCG
2036
CALL
DELISTED
Scana
SCG
| $2.94M | ﹤0.01% |
+74,000
| New | +$3.31M |
|
2037
Churchill Downs
CHDN
$6.19B
| $2.94M | ﹤0.01% |
+75,882
| New | +$2.75M |
|
|
DPLO
2038
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $2.94M | ﹤0.01% |
146,554
-1,332,660
| -90% | -$26.2M |
|
|
CSII
2039
DELISTED
Cardiovascular Systems, Inc.
CSII
| $2.94M | ﹤0.01% |
123,986
-446,895
| -78% | -$11.3M |
|
2040
Stoneridge
SRI
$200M
| $2.93M | ﹤0.01% |
128,245
-276,555
| -68% | -$6.18M |
|
2041
Mammoth Energy Services
TUSK
$121M
| $2.92M | ﹤0.01% |
+148,934
| New | +$2.71M |
|
2042
Walker & Dunlop
WD
$1.75B
| $2.92M | ﹤0.01% |
61,515
+45,042
| +273% | +$2.3M |
|
|
ODP
2043
DELISTED
ODP
ODP
| $2.92M | ﹤0.01% |
82,373
+66,687
| +425% | +$2.31M |
|
|
TIME
2044
CALL
DELISTED
Time Inc.
TIME
| $2.91M | ﹤0.01% |
157,700
-230,200
| -59% | -$3.44M |
|
2045
Five Point Holdings
FPH
$392M
| $2.91M | ﹤0.01% |
206,270
+125,962
| +157% | +$1.72M |
|
2046
Xcel Energy
XEL
$49.5B
| $2.9M | ﹤0.01% |
60,342
-3,174,158
| -98% | -$158M |
|
2047
LCI Industries
LCII
$2.58B
| $2.9M | ﹤0.01% |
22,315
+9,620
| +76% | +$1.18M |
|
2048
KRONOS Worldwide
KRO
$701M
| $2.9M | ﹤0.01% |
112,403
-357,824
| -76% | -$9.37M |
|
2049
Cerus
CERS
$575M
| $2.89M | ﹤0.01% |
+854,342
| New | +$2.89M |
|
2050
John B. Sanfilippo & Son
JBSS
$985M
| $2.89M | ﹤0.01% |
+45,664
| New | +$2.87M |
|
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.