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 | |
|---|---|---|---|---|---|---|
2301
PUT
Baxter International
BAX
$12.6B
| $1.94M | ﹤0.01% |
30,000
+10,000
| +50% | +$642K |
|
2302
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.93B
| $1.94M | ﹤0.01% |
+206,265
| New | +$1.93M |
|
2303
Teekay
TK
$981M
| $1.93M | ﹤0.01% |
207,336
-15,878
| -7% | -$137K |
|
2304
AMC Global Media
AMCX
$451M
| $1.93M | ﹤0.01% |
35,653
-206,221
| -85% | -$11M |
|
2305
Dave & Buster's
PLAY
$361M
| $1.92M | ﹤0.01% |
34,878
-234,931
| -87% | -$12M |
|
|
OTIC
2306
DELISTED
Otonomy, Inc.
OTIC
| $1.92M | ﹤0.01% |
346,468
-561,716
| -62% | -$2.44M |
|
|
HIFR
2307
DELISTED
InfraREIT, Inc.
HIFR
| $1.92M | ﹤0.01% |
103,215
-14,174
| -12% | -$301K |
|
2308
First Internet Bancorp
INBK
$236M
| $1.92M | ﹤0.01% |
50,220
+7,826
| +18% | +$292K |
|
2309
Liberty Latin America Class A
LILA
$1.67B
| $1.92M | ﹤0.01% |
+148,422
| New | +$2.1M |
|
2310
KALA BIO
KALA
$12.3M
| $1.91M | ﹤0.01% |
41
+16
| +64% | +$749K |
|
2311
Vanguard FTSE Europe ETF
VGK
$30.2B
| $1.91M | ﹤0.01% |
+32,320
| New | +$1.89M |
|
2312
First Trust Dow Jones Internet Index Fund ETF
FDN
$5B
| $1.9M | ﹤0.01% |
+17,275
| New | +$1.86M |
|
|
TACO
2313
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $1.9M | ﹤0.01% |
156,564
+129,465
| +478% | +$1.67M |
|
2314
CALL
Edison International
EIX
$30.7B
| $1.9M | ﹤0.01% |
+30,000
| New | +$2.29M |
|
2315
NMI Holdings
NMIH
$3.34B
| $1.89M | ﹤0.01% |
111,189
-326,711
| -75% | -$5.1M |
|
|
DVAX
2316
DELISTED
Dynavax Technologies
DVAX
| $1.89M | ﹤0.01% |
+101,037
| New | +$2.03M |
|
2317
CALL
iShares MSCI Emerging Markets ETF
EEM
$28B
| $1.89M | ﹤0.01% |
+40,000
| New | +$1.85M |
|
2318
Republic Bancorp
RBCAA
$1.97B
| $1.88M | ﹤0.01% |
49,467
-23,297
| -32% | -$936K |
|
2319
CBIZ
CBZ
$2.51B
| $1.88M | ﹤0.01% |
121,669
-430,918
| -78% | -$6.78M |
|
|
EGL
2320
DELISTED
Engility Holdings, Inc.
EGL
| $1.88M | ﹤0.01% |
66,205
-115,801
| -64% | -$3.53M |
|
2321
Simpson Manufacturing
SSD
$8.16B
| $1.88M | ﹤0.01% |
+32,667
| New | +$1.81M |
|
|
TBHC
2322
DELISTED
The Brand House Collective
TBHC
| $1.87M | ﹤0.01% |
156,459
+63,754
| +69% | +$781K |
|
2323
Matrix Service
MTRX
$324M
| $1.86M | ﹤0.01% |
104,691
+92,274
| +743% | +$1.45M |
|
2324
FreightCar America
RAIL
$280M
| $1.86M | ﹤0.01% |
109,025
-20,360
| -16% | -$351K |
|
2325
VanEck High Yield Muni ETF
HYD
$4.45B
| $1.86M | ﹤0.01% |
29,825
+21,192
| +245% | +$1.32M |
|
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.