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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 11.93% |
| 2 | Technology | 11.65% |
| 3 | Healthcare | 11.53% |
| 4 | Industrials | 9.67% |
| 5 | Consumer Discretionary | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
USAK
2401
DELISTED
USA Truck Inc
USAK
| $1.1M | ﹤0.01% |
+126,585
| New | +$869K |
|
|
VLRS
2402
Controladora Vuela Compania de Aviacion
VLRS
$905M
| $1.09M | ﹤0.01% |
+75,151
| New | +$1.03M |
|
2403
Clarus
CLAR
$126M
| $1.09M | ﹤0.01% |
164,661
-82,178
| -33% | -$483K |
|
2404
Workiva
WK
$3.31B
| $1.09M | ﹤0.01% |
57,126
+17,011
| +42% | +$301K |
|
|
ISD
2405
PGIM High Yield Bond Fund
ISD
$415M
| $1.09M | ﹤0.01% |
71,204
+38,293
| +116% | +$591K |
|
2406
Chefs' Warehouse
CHEF
$4.07B
| $1.08M | ﹤0.01% |
+83,296
| New | +$1.2M |
|
|
PHH
2407
DELISTED
PHH Corporation
PHH
| $1.08M | ﹤0.01% |
78,442
+8,696
| +12% | +$116K |
|
|
PNNT
2408
Pennant Park Investment Corp
PNNT
$221M
| $1.08M | ﹤0.01% |
145,778
-36,925
| -20% | -$285K |
|
2409
WSFS Financial
WSFS
$4.2B
| $1.08M | ﹤0.01% |
23,747
-1,154
| -5% | -$52.7K |
|
|
RELY
2410
DELISTED
Real Industry, Inc.
RELY
| $1.08M | ﹤0.01% |
371,190
+243,858
| +192% | +$665K |
|
2411
Capitol Federal Financial
CFFN
$1.09B
| $1.07M | ﹤0.01% |
75,560
-15,837
| -17% | -$226K |
|
2412
iShares Semiconductor ETF
SOXX
$40.8B
| $1.07M | ﹤0.01% |
22,992
+17,436
| +314% | +$822K |
|
2413
Keysight
KEYS
$51.8B
| $1.07M | ﹤0.01% |
27,542
-392,067
| -93% | -$14.8M |
|
|
RTEC
2414
DELISTED
Rudolph Technologies Inc
RTEC
| $1.07M | ﹤0.01% |
46,828
-157,233
| -77% | -$3.74M |
|
|
ALJ
2415
DELISTED
Alon USA Energy Inc
ALJ
| $1.07M | ﹤0.01% |
80,264
+2,118
| +3% | +$26.3K |
|
|
MACK
2416
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $1.07M | ﹤0.01% |
109,334
+54,998
| +101% | +$1.12M |
|
2417
Shore Bancshares
SHBI
$815M
| $1.06M | ﹤0.01% |
64,767
-18,095
| -22% | -$300K |
|
|
ESND
2418
DELISTED
Essendant Inc.
ESND
| $1.06M | ﹤0.01% |
+71,571
| New | +$1.13M |
|
|
VXX
2419
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $1.06M | ﹤0.01% |
20,766
-235,242
| -92% | -$13.6M |
|
2420
PUT
Domino's
DPZ
$11.7B
| $1.06M | ﹤0.01% |
+5,000
| New | +$987K |
|
2421
Constellium
CSTM
$3.99B
| $1.06M | ﹤0.01% |
153,038
+45,016
| +42% | +$293K |
|
|
EXAS
2422
DELISTED
Exact Sciences
EXAS
| $1.05M | ﹤0.01% |
29,782
-3,116,164
| -99% | -$96.2M |
|
2423
Monro
MNRO
$537M
| $1.05M | ﹤0.01% |
+25,225
| New | +$1.26M |
|
2424
SiriusPoint
SPNT
$3.11B
| $1.05M | ﹤0.01% |
75,622
-320,745
| -81% | -$4.07M |
|
2425
Telkom Indonesia
TLK
$14.3B
| $1.05M | ﹤0.01% |
31,195
-33,171
| -52% | -$1.08M |
|
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Millennium Management's Q2 2017 Portfolio in Review
As of Q2 2017, Millennium Management held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Millennium Management's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 12% a quarter earlier, followed by Technology and Healthcare.
- Millennium Management's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Millennium Management added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Millennium Management's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Millennium Management fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Millennium Management's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Millennium Management opened 803 new positions and closed 840 in Q2 2017.
- Millennium Management's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.