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 | |
|---|---|---|---|---|---|---|
|
FIT
2051
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $2.48M | ﹤0.01% |
356,519
-1,219,740
| -77% | -$7.1M |
|
2052
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $2.48M | ﹤0.01% |
29,248
-5,343
| -15% | -$454K |
|
2053
CALL
Verizon
VZ
$196B
| $2.48M | ﹤0.01% |
+50,000
| New | +$2.35M |
|
|
FISV
2054
Fiserv Inc
FISV
$27.9B
| $2.47M | ﹤0.01% |
38,322
-902,164
| -96% | -$56.1M |
|
2055
CALL
Hexcel
HXL
$7.82B
| $2.47M | ﹤0.01% |
+43,000
| New | +$2.32M |
|
2056
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $2.47M | ﹤0.01% |
54,798
-734,360
| -93% | -$33M |
|
|
TWTR
2057
DELISTED
Twitter, Inc.
TWTR
| $2.47M | ﹤0.01% |
+146,276
| New | +$2.55M |
|
2058
Ingles Markets
IMKTA
$1.67B
| $2.45M | ﹤0.01% |
+95,352
| New | +$2.54M |
|
2059
CALL
DexCom
DXCM
$32B
| $2.45M | ﹤0.01% |
+200,000
| New | +$3.54M |
|
2060
Bath & Body Works
BBWI
$4.1B
| $2.44M | ﹤0.01% |
72,517
-442,089
| -86% | -$14.8M |
|
2061
Upbound Group
UPBD
$1.16B
| $2.44M | ﹤0.01% |
212,396
+161,686
| +319% | +$2M |
|
|
TWOU
2062
DELISTED
2U Inc
TWOU
| $2.44M | ﹤0.01% |
+1,450
| New | +$2.18M |
|
2063
American States Water
AWR
$3.46B
| $2.43M | ﹤0.01% |
49,421
+44,131
| +834% | +$2.18M |
|
2064
Protagonist Therapeutics
PTGX
$9.44B
| $2.43M | ﹤0.01% |
137,352
-64,360
| -32% | -$891K |
|
2065
Under Armour Class C
UA
$2.53B
| $2.42M | ﹤0.01% |
161,282
+147,528
| +1,073% | +$2.48M |
|
2066
US Bancorp
USB
$99.6B
| $2.42M | ﹤0.01% |
45,173
-61,880
| -58% | -$3.24M |
|
2067
CALL
Teleflex
TFX
$5.98B
| $2.42M | ﹤0.01% |
10,000
| – | – |
|
|
TOUR
2068
Tuniu
TOUR
$55.6M
| $2.42M | ﹤0.01% |
30,931
+5,480
| +22% | +$425K |
|
|
JBGS
2069
JBG SMITH
JBGS
$708M
| $2.41M | ﹤0.01% |
+70,555
| New | +$2.39M |
|
|
FOGO
2070
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| $2.4M | ﹤0.01% |
193,897
+25,846
| +15% | +$336K |
|
2071
iShares S&P 100 ETF
OEF
$20.6B
| $2.39M | ﹤0.01% |
21,502
+13,839
| +181% | +$1.51M |
|
|
RDUS
2072
DELISTED
Radius Recycling
RDUS
| $2.39M | ﹤0.01% |
85,016
-155,949
| -65% | -$4.09M |
|
|
CTLP
2073
DELISTED
Cantaloupe
CTLP
| $2.39M | ﹤0.01% |
+382,547
| New | +$2.06M |
|
2074
First Trust Preferred Securities and Income ETF
FPE
$6.36B
| $2.39M | ﹤0.01% |
118,872
+28,837
| +32% | +$580K |
|
2075
Alamos Gold
AGI
$13.9B
| $2.38M | ﹤0.01% |
352,673
+288,862
| +453% | +$2.13M |
|
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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.