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 |
CMA
Comerica
CMA
|
+$221M |
| 2 |
RSPP
RSP Permian, Inc.
RSPP
|
+$166M |
| 3 |
Vulcan Materials
VMC
|
+$165M |
| 4 |
ANDV
Andeavor
ANDV
|
+$165M |
| 5 |
Apple
AAPL
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BNY
Bank of New York Mellon
BNY
|
+$251M |
| 2 |
Bank of America
BAC
|
+$225M |
| 3 |
WOOF
VCA Inc.
WOOF
|
+$214M |
| 4 |
K
Kellanova
K
|
+$188M |
| 5 |
Occidental Petroleum
OXY
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 12.16% |
| 2 | Technology | 11.12% |
| 3 | Healthcare | 10.56% |
| 4 | Industrials | 9.99% |
| 5 | Energy | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
Dorman Products
DORM
$4.18B
| $1.4M | ﹤0.01% |
17,029
+1,828
| +12% | +$136K |
|
2202
Sabre
SABR
$835M
| $1.4M | ﹤0.01% |
+65,933
| New | +$1.51M |
|
|
EMD
2203
Western Asset Emerging Markets Debt Fund
EMD
$616M
| $1.4M | ﹤0.01% |
90,059
+60,184
| +201% | +$920K |
|
|
WSTC
2204
DELISTED
West Corporation
WSTC
| $1.39M | ﹤0.01% |
56,905
-41,030
| -42% | -$1M |
|
2205
Shore Bancshares
SHBI
$796M
| $1.39M | ﹤0.01% |
82,862
+60,976
| +279% | +$1M |
|
|
ANSS
2206
DELISTED
Ansys
ANSS
| $1.38M | ﹤0.01% |
12,952
+5,945
| +85% | +$596K |
|
2207
US Bancorp
USB
$99.6B
| $1.38M | ﹤0.01% |
+26,814
| New | +$1.43M |
|
2208
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $1.37M | ﹤0.01% |
16,425
-19,259
| -54% | -$1.6M |
|
2209
Arq
ARQ
$89.3M
| $1.37M | ﹤0.01% |
+143,858
| New | +$1.48M |
|
|
FWP
2210
DELISTED
Forward Pharma A/S American Depositary Shares
FWP
| $1.36M | ﹤0.01% |
+9,036
| New | +$1.7M |
|
2211
PIMCO Corporate & Income Opportunity Fund
PTY
$2.51B
| $1.36M | ﹤0.01% |
+86,641
| New | +$1.32M |
|
2212
iShares International Select Dividend ETF
IDV
$8.51B
| $1.36M | ﹤0.01% |
43,110
+31,372
| +267% | +$967K |
|
2213
Ventas
VTR
$47.9B
| $1.35M | ﹤0.01% |
20,780
-52,146
| -72% | -$3.25M |
|
2214
International Bancshares
IBOC
$4.57B
| $1.35M | ﹤0.01% |
38,150
+8,516
| +29% | +$321K |
|
2215
Polaris
PII
$4.07B
| $1.35M | ﹤0.01% |
16,120
-91,051
| -85% | -$7.84M |
|
2216
CONMED
CNMD
$1.47B
| $1.35M | ﹤0.01% |
+30,317
| New | +$1.3M |
|
|
QADA
2217
DELISTED
QAD Inc.
QADA
| $1.34M | ﹤0.01% |
48,251
+28,678
| +147% | +$827K |
|
|
FCH
2218
DELISTED
Felcor Lodging Trust
FCH
| $1.34M | ﹤0.01% |
178,699
-505,160
| -74% | -$3.83M |
|
2219
Clarus
CLAR
$143M
| $1.34M | ﹤0.01% |
246,839
+153,071
| +163% | +$857K |
|
|
YIN
2220
DELISTED
Yintech Investment Holdings Limited American Depositary Shares
YIN
| $1.34M | ﹤0.01% |
63,689
+45,220
| +245% | +$817K |
|
|
NSR
2221
CALL
DELISTED
Neustar Inc
NSR
| $1.34M | ﹤0.01% |
40,400
+20,000
| +98% | +$665K |
|
|
AVXS
2222
CALL
DELISTED
AveXis, Inc. Common Stock
AVXS
| $1.34M | ﹤0.01% |
+17,600
| New | +$1.09M |
|
2223
Capitol Federal Financial
CFFN
$1.1B
| $1.34M | ﹤0.01% |
91,397
+29,776
| +48% | +$456K |
|
|
HDV
2224
iShares Core High Dividend ETF
HDV
$14.9B
| $1.33M | ﹤0.01% |
79,620
+37,830
| +91% | +$631K |
|
2225
GSI Technology
GSIT
$258M
| $1.33M | ﹤0.01% |
153,284
-43,616
| -22% | -$300K |
|
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Millennium Management's Q1 2017 Portfolio in Review
As of Q1 2017, Millennium Management held 4,184 positions worth $54.6B, up 14% from $47.8B the previous quarter. Its ten largest holdings account for 5.7% of the portfolio.
Millennium Management deployed $4.44B of net new capital in Q1 2017, opening 894 new positions and adding to 1,327 existing holdings. Its largest new stake was Mondelez International: 3,261,215 shares worth $140M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Bank of New York Mellon, an estimated $251M trimmed.
- Millennium Management's largest Q1 2017 buy was Mondelez International: 3,261,215 shares worth $140M.
- Millennium Management added most to Comerica in Q1 2017, an estimated $221M increase.
- Millennium Management's biggest Q1 2017 reduction was Bank of New York Mellon, cutting an estimated $251M.
- Millennium Management fully exited Occidental Petroleum in Q1 2017, selling an estimated $171M.
- Millennium Management's ten largest holdings make up 5.7% of its $54.6B portfolio in Q1 2017.
- Millennium Management opened 894 new positions and closed 743 in Q1 2017.
- Millennium Management's portfolio value rose 14% quarter-over-quarter to $54.6B.
Based on Millennium Management's 13F filing for Q1 2017, filed 15 May 2017.