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 | |
|---|---|---|---|---|---|---|
|
BBT
2351
Beacon Financial Corp
BBT
$2.51B
| $1.79M | ﹤0.01% |
49,002
-344,228
| -88% | -$13.1M |
|
2352
Cohen & Steers Quality Income Realty Fund
RQI
$1.72B
| $1.79M | ﹤0.01% |
141,189
+96,383
| +215% | +$1.21M |
|
2353
TechTarget
TTGT
$323M
| $1.78M | ﹤0.01% |
127,801
+97,731
| +325% | +$1.27M |
|
|
FMI
2354
DELISTED
Foundation Medicine, Inc.
FMI
| $1.78M | ﹤0.01% |
+26,056
| New | +$1.35M |
|
2355
FTI Consulting
FCN
$5.04B
| $1.77M | ﹤0.01% |
41,263
-256,656
| -86% | -$10.5M |
|
|
FLG
2356
Flagstar Bank National Association
FLG
$5.83B
| $1.77M | ﹤0.01% |
+45,227
| New | +$1.75M |
|
2357
iShares MSCI Canada ETF
EWC
$6.18B
| $1.77M | ﹤0.01% |
59,584
+33,277
| +126% | +$969K |
|
2358
CALL
Golar LNG
GLNG
$4.95B
| $1.76M | ﹤0.01% |
59,200
-310,800
| -84% | -$7.47M |
|
2359
Banco de Chile
BCH
$20.4B
| $1.76M | ﹤0.01% |
56,009
+46,412
| +484% | +$1.36M |
|
|
CCRN
2360
DELISTED
Cross Country Healthcare
CCRN
| $1.75M | ﹤0.01% |
136,909
+91,169
| +199% | +$1.2M |
|
|
HSTO
2361
DELISTED
Histogen Inc. Common Stock
HSTO
| $1.75M | ﹤0.01% |
1,890
-1,344
| -42% | -$1.24M |
|
2362
CALL
GE Aerospace
GE
$377B
| $1.75M | ﹤0.01% |
20,866
-20,866
| -50% | -$1.99M |
|
|
PZN
2363
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $1.74M | ﹤0.01% |
162,993
+75,046
| +85% | +$842K |
|
|
WDR
2364
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $1.74M | ﹤0.01% |
+77,682
| New | +$1.58M |
|
|
IRBT
2365
DELISTED
iRobot
IRBT
| $1.73M | ﹤0.01% |
22,591
+18,111
| +404% | +$1.3M |
|
2366
Viavi Solutions
VIAV
$8.66B
| $1.73M | ﹤0.01% |
198,262
-1,318,350
| -87% | -$11.9M |
|
|
ABAX
2367
DELISTED
Abaxis Inc
ABAX
| $1.73M | ﹤0.01% |
34,936
-194,218
| -85% | -$9.27M |
|
|
FG
2368
DELISTED
FGL Holdings Ordinary Shares
FG
| $1.73M | ﹤0.01% |
171,604
-65,922
| -28% | -$676K |
|
|
NVTR
2369
DELISTED
Nuvectra Corporation Common Stock
NVTR
| $1.72M | ﹤0.01% |
221,992
-77,087
| -26% | -$810K |
|
2370
J&J Snack Foods
JJSF
$1.49B
| $1.72M | ﹤0.01% |
+11,336
| New | +$1.59M |
|
2371
Cavco Industries
CVCO
$4.54B
| $1.72M | ﹤0.01% |
11,272
-41,221
| -79% | -$6.19M |
|
2372
Pegasystems
PEGA
$4.85B
| $1.72M | ﹤0.01% |
+72,962
| New | +$1.96M |
|
2373
Sonic Automotive
SAH
$3.31B
| $1.71M | ﹤0.01% |
92,875
+73,532
| +380% | +$1.5M |
|
|
NFJ
2374
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.41B
| $1.71M | ﹤0.01% |
+131,273
| New | +$1.75M |
|
|
AYR
2375
DELISTED
Aircastle Ltd
AYR
| $1.71M | ﹤0.01% |
73,166
-358,488
| -83% | -$8.42M |
|
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.