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 | |
|---|---|---|---|---|---|---|
|
VAR
2226
DELISTED
Varian Medical Systems, Inc.
VAR
| $1.78M | ﹤0.01% |
17,799
-80,895
| -82% | -$8.3M |
|
|
UCTT
2227
Ultra Clean Holdings
UCTT
$3.95B
| $1.77M | ﹤0.01% |
57,909
-179,810
| -76% | -$4.25M |
|
2228
Blue Bird Corp
BLBD
$2.18B
| $1.77M | ﹤0.01% |
+86,031
| New | +$1.55M |
|
2229
PennantPark Floating Rate Capital
PFLT
$746M
| $1.77M | ﹤0.01% |
122,027
-776
| -0.6% | -$11.1K |
|
|
VEAC
2230
DELISTED
Vantage Energy Acquisition Corp. Class A
VEAC
| $1.76M | ﹤0.01% |
179,720
-2,000
| -1% | -$19.6K |
|
2231
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.69B
| $1.76M | ﹤0.01% |
34,401
+1,334
| +4% | +$67.5K |
|
|
HSNI
2232
DELISTED
HSN, Inc.
HSNI
| $1.75M | ﹤0.01% |
44,901
-459,793
| -91% | -$17.4M |
|
2233
Ituran Location and Control
ITRN
$1.05B
| $1.74M | ﹤0.01% |
+48,368
| New | +$1.57M |
|
2234
TriplePoint Venture Growth BDC
TPVG
$211M
| $1.74M | ﹤0.01% |
+129,988
| New | +$1.73M |
|
2235
Cass Information Systems
CASS
$743M
| $1.74M | ﹤0.01% |
36,144
+30,632
| +556% | +$1.46M |
|
2236
US Physical Therapy
USPH
$1.22B
| $1.74M | ﹤0.01% |
+28,273
| New | +$1.72M |
|
|
DCM
2237
DELISTED
NTT DOCOMO, Inc.
DCM
| $1.73M | ﹤0.01% |
75,967
-11,181
| -13% | -$260K |
|
|
JWN
2238
DELISTED
Nordstrom
JWN
| $1.73M | ﹤0.01% |
+36,691
| New | +$1.7M |
|
2239
Natera
NTRA
$46.4B
| $1.73M | ﹤0.01% |
134,233
-84,990
| -39% | -$943K |
|
2240
Nabors Industries
NBR
$1.21B
| $1.73M | ﹤0.01% |
4,282
+2,234
| +109% | +$817K |
|
2241
Amtech Systems
ASYS
$272M
| $1.73M | ﹤0.01% |
144,048
+72,406
| +101% | +$729K |
|
|
KDMN
2242
DELISTED
Kadmon Holdings, Inc.
KDMN
| $1.73M | ﹤0.01% |
515,040
+390,520
| +314% | +$1.12M |
|
2243
Wabtec
WAB
$49.3B
| $1.72M | ﹤0.01% |
22,698
-9,277
| -29% | -$714K |
|
2244
CALL
AngioDynamics
ANGO
$649M
| $1.71M | ﹤0.01% |
+100,000
| New | +$1.68M |
|
2245
Fortis
FTS
$28.7B
| $1.71M | ﹤0.01% |
47,755
+23,932
| +100% | +$863K |
|
|
CBMG
2246
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $1.7M | ﹤0.01% |
159,436
-29,341
| -16% | -$278K |
|
|
VRS
2247
DELISTED
Verso Corporation
VRS
| $1.69M | ﹤0.01% |
332,246
+24,463
| +8% | +$117K |
|
2248
Eldorado Gold
EGO
$9.89B
| $1.69M | ﹤0.01% |
153,628
-261,083
| -63% | -$2.85M |
|
2249
Scansource
SCSC
$1.12B
| $1.69M | ﹤0.01% |
38,683
-9,607
| -20% | -$378K |
|
2250
PUT
iShares MSCI Spain ETF
EWP
$2.17B
| $1.69M | ﹤0.01% |
+50,000
| New | +$1.68M |
|
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.