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 | |
|---|---|---|---|---|---|---|
2076
Atlantic Union Bankshares
AUB
$6.04B
| $2.78M | ﹤0.01% |
+76,830
| New | +$2.74M |
|
2077
Franklin Electric
FELE
$4.85B
| $2.78M | ﹤0.01% |
60,527
+50,075
| +479% | +$2.26M |
|
2078
Nu Skin
NUS
$252M
| $2.78M | ﹤0.01% |
40,684
+33,892
| +499% | +$2.19M |
|
|
UCFC
2079
DELISTED
United Community Financial Corp
UCFC
| $2.77M | ﹤0.01% |
302,806
+7,270
| +2% | +$69K |
|
|
CMCM
2080
Cheetah Mobile
CMCM
$90.6M
| $2.76M | ﹤0.01% |
45,742
-171,791
| -79% | -$8.76M |
|
2081
Lumen
LUMN
$6.37B
| $2.76M | ﹤0.01% |
+165,514
| New | +$2.81M |
|
|
HOLX
2082
DELISTED
Hologic
HOLX
| $2.76M | ﹤0.01% |
64,537
-387,403
| -86% | -$15.5M |
|
2083
LSB Industries
LXU
$829M
| $2.75M | ﹤0.01% |
407,472
-240,851
| -37% | -$1.51M |
|
|
HF
2084
DELISTED
HFF Inc.
HF
| $2.74M | ﹤0.01% |
+56,297
| New | +$2.48M |
|
2085
Southern Copper
SCCO
$138B
| $2.73M | ﹤0.01% |
62,096
+42,247
| +213% | +$1.7M |
|
2086
SiriusPoint
SPNT
$3.05B
| $2.73M | ﹤0.01% |
186,274
+23,802
| +15% | +$383K |
|
2087
Global Net Lease
GNL
$1.87B
| $2.73M | ﹤0.01% |
132,461
+38,736
| +41% | +$834K |
|
|
HTB
2088
HomeTrust Bancshares
HTB
$858M
| $2.73M | ﹤0.01% |
105,841
+5,299
| +5% | +$139K |
|
|
JT
2089
DELISTED
Jianpu Technology Inc. American Depositary Shares, each representing twenty Class A Ordinary Shares
JT
| $2.72M | ﹤0.01% |
+52,504
| New | +$2.64M |
|
|
AXAS
2090
DELISTED
Abraxas Petroleum Corp
AXAS
| $2.72M | ﹤0.01% |
55,281
-58,689
| -51% | -$2.44M |
|
2091
Extreme Networks
EXTR
$3.89B
| $2.72M | ﹤0.01% |
217,003
-2,517,797
| -92% | -$31.1M |
|
2092
Clearwater Paper
CLW
$340M
| $2.71M | ﹤0.01% |
59,784
+22,744
| +61% | +$1.03M |
|
2093
Riot Platforms
RIOT
$7.6B
| $2.7M | ﹤0.01% |
+95,194
| New | +$1.34M |
|
2094
Shore Bancshares
SHBI
$817M
| $2.7M | ﹤0.01% |
161,856
+77,840
| +93% | +$1.33M |
|
|
FINL
2095
DELISTED
Finish Line
FINL
| $2.7M | ﹤0.01% |
+185,914
| New | +$2M |
|
2096
Ecolab
ECL
$79B
| $2.7M | ﹤0.01% |
20,105
+11,695
| +139% | +$1.56M |
|
2097
Onto Innovation
ONTO
$11.1B
| $2.7M | ﹤0.01% |
108,230
+60,592
| +127% | +$1.61M |
|
2098
Berkshire Hathaway Class A
BRK.A
$1.1T
| $2.68M | ﹤0.01% |
9
-33
| -79% | -$9.4M |
|
|
FFWM
2099
DELISTED
First Foundation Inc
FFWM
| $2.68M | ﹤0.01% |
144,365
-50,978
| -26% | -$941K |
|
2100
Gerdau
GGB
$9.62B
| $2.67M | ﹤0.01% |
905,832
-99,548
| -10% | -$271K |
|
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.