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 | |
|---|---|---|---|---|---|---|
2401
iShares MBS ETF
MBB
$39.1B
| $1.25M | ﹤0.01% |
11,674
-4,730
| -29% | -$507K |
|
2402
Compass Diversified
CODI
$828M
| $1.24M | ﹤0.01% |
70,046
+7,073
| +11% | +$122K |
|
2403
Vanguard FTSE Emerging Markets ETF
VWO
$124B
| $1.24M | ﹤0.01% |
28,501
+14,102
| +98% | +$610K |
|
|
ASXC
2404
DELISTED
Asensus Surgical, Inc.
ASXC
| $1.24M | ﹤0.01% |
66,820
-5,827
| -8% | -$67.8K |
|
2405
Sociedad Química y Minera de Chile
SQM
$20.6B
| $1.24M | ﹤0.01% |
22,294
-451,570
| -95% | -$20.3M |
|
2406
Ubiquiti
UI
$34.3B
| $1.24M | ﹤0.01% |
22,133
+5,258
| +31% | +$303K |
|
2407
MacroGenics
MGNX
$257M
| $1.24M | ﹤0.01% |
67,039
-22,213
| -25% | -$385K |
|
|
BRFS
2408
DELISTED
BRF SA
BRFS
| $1.24M | ﹤0.01% |
85,887
-161,830
| -65% | -$2.11M |
|
|
RPT
2409
Rithm Property Trust
RPT
$93.7M
| $1.23M | ﹤0.01% |
+15,060
| New | +$1.23M |
|
2410
Marchex
MCHX
$79.7M
| $1.23M | ﹤0.01% |
397,019
-56,463
| -12% | -$168K |
|
|
EOCC
2411
DELISTED
Enel Generacion Chile S.A.
EOCC
| $1.23M | ﹤0.01% |
46,480
-75,400
| -62% | -$1.81M |
|
2412
Stantec
STN
$8.39B
| $1.22M | ﹤0.01% |
+44,072
| New | +$1.17M |
|
2413
WisdomTree Japan Hedged Equity Fund
DXJ
$7.42B
| $1.22M | ﹤0.01% |
22,300
-28,596
| -56% | -$1.5M |
|
|
FCRD
2414
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $1.22M | ﹤0.01% |
130,660
+47,458
| +57% | +$457K |
|
|
AUD
2415
DELISTED
Audacy, Inc.
AUD
| $1.21M | ﹤0.01% |
+106,000
| New | +$1.08M |
|
2416
Televisa
TV
$1.49B
| $1.21M | ﹤0.01% |
+49,185
| New | +$1.26M |
|
|
QTNA
2417
DELISTED
Quantenna Communications, Inc. Common Stock
QTNA
| $1.21M | ﹤0.01% |
+71,972
| New | +$1.32M |
|
|
COBZ
2418
DELISTED
CoBiz Financial,Inc
COBZ
| $1.21M | ﹤0.01% |
61,457
-73,431
| -54% | -$1.28M |
|
2419
Belden
BDC
$5.19B
| $1.2M | ﹤0.01% |
14,945
-5,451
| -27% | -$412K |
|
|
QTNT
2420
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $1.2M | ﹤0.01% |
6,101
+1,493
| +32% | +$298K |
|
2421
Bassett Furniture
BSET
$176M
| $1.2M | ﹤0.01% |
31,764
+11,164
| +54% | +$413K |
|
|
TRTX
2422
TPG RE Finance Trust
TRTX
$618M
| $1.2M | ﹤0.01% |
+60,570
| New | +$1.2M |
|
2423
Affiliated Managers Group
AMG
$9.76B
| $1.2M | ﹤0.01% |
+6,301
| New | +$1.12M |
|
2424
RLI Corp
RLI
$5.89B
| $1.19M | ﹤0.01% |
+41,510
| New | +$1.14M |
|
|
CHUBA
2425
DELISTED
CommerceHub, Inc. Series A Common Stock
CHUBA
| $1.19M | ﹤0.01% |
52,751
+8,947
| +20% | +$182K |
|
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.