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 | |
|---|---|---|---|---|---|---|
2076
Greif Class B
GEF.B
$4.21B
| $2.38M | ﹤0.01% |
37,018
+30,306
| +452% | +$1.85M |
|
2077
Entravision Communication
EVC
$1.1B
| $2.38M | ﹤0.01% |
416,644
+182,115
| +78% | +$1.1M |
|
2078
1st Source
SRCE
$2.12B
| $2.37M | ﹤0.01% |
+46,672
| New | +$2.23M |
|
2079
AMERISAFE
AMSF
$540M
| $2.37M | ﹤0.01% |
40,687
+11,676
| +40% | +$655K |
|
|
ITCI
2080
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $2.37M | ﹤0.01% |
+150,000
| New | +$2.2M |
|
|
KE
2081
Kimball Electronics
KE
$628M
| $2.36M | ﹤0.01% |
109,187
+24,224
| +29% | +$468K |
|
|
EA
2082
CALL
DELISTED
Electronic Arts
EA
| $2.36M | ﹤0.01% |
+20,000
| New | +$2.32M |
|
2083
Grupo Cibest SA
CIB
$21.1B
| $2.36M | ﹤0.01% |
+51,510
| New | +$2.32M |
|
|
JWN
2084
PUT
DELISTED
Nordstrom
JWN
| $2.36M | ﹤0.01% |
+50,000
| New | +$2.32M |
|
|
ORBC
2085
DELISTED
ORBCOMM, Inc.
ORBC
| $2.36M | ﹤0.01% |
225,199
+78,044
| +53% | +$863K |
|
|
DX
2086
Dynex Capital
DX
$3.21B
| $2.35M | ﹤0.01% |
107,690
+66,943
| +164% | +$1.42M |
|
2087
Enova International
ENVA
$6.29B
| $2.35M | ﹤0.01% |
174,406
+146,482
| +525% | +$1.99M |
|
2088
Stock Yards Bancorp
SYBT
$2.6B
| $2.35M | ﹤0.01% |
61,725
+38,846
| +170% | +$1.4M |
|
2089
Lamar Advertising Co
LAMR
$16.3B
| $2.35M | ﹤0.01% |
34,221
-34,134
| -50% | -$2.31M |
|
|
COTV
2090
DELISTED
Cotiviti Holdings, Inc.
COTV
| $2.35M | ﹤0.01% |
+65,186
| New | +$2.45M |
|
2091
PUT
Jack in the Box
JACK
$335M
| $2.34M | ﹤0.01% |
23,000
-27,000
| -54% | -$2.58M |
|
2092
WPP
WPP
$5.94B
| $2.33M | ﹤0.01% |
25,127
-55,922
| -69% | -$5.48M |
|
2093
Acadia Pharmaceuticals
ACAD
$5.03B
| $2.32M | ﹤0.01% |
61,669
-527,253
| -90% | -$17.2M |
|
2094
Copa Holdings
CPA
$5.8B
| $2.32M | ﹤0.01% |
18,614
-16,598
| -47% | -$2.1M |
|
2095
CALL
Encompass Health
EHC
$12.4B
| $2.32M | ﹤0.01% |
+62,850
| New | +$2.24M |
|
2096
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $2.32M | ﹤0.01% |
63,072
+23,044
| +58% | +$831K |
|
2097
Rayonier Advanced Materials
RYAM
$610M
| $2.31M | ﹤0.01% |
168,625
-242,386
| -59% | -$3.45M |
|
|
MOFG
2098
DELISTED
MidWestOne Financial Group
MOFG
| $2.31M | ﹤0.01% |
68,396
+43,416
| +174% | +$1.47M |
|
2099
Assured Guaranty
AGO
$3.34B
| $2.31M | ﹤0.01% |
61,072
+886
| +1% | +$37.9K |
|
|
VRN
2100
DELISTED
Veren
VRN
| $2.29M | ﹤0.01% |
285,096
-13,909
| -5% | -$102K |
|
Similar funds
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.