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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.6% |
| 2 | Healthcare | 12.02% |
| 3 | Technology | 11.62% |
| 4 | Industrials | 11.19% |
| 5 | Consumer Discretionary | 10.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Texas Capital Bancshares
TCBI
$4.29B
| $1.48M | ﹤0.01% |
16,411
+7,955
| +94% | +$746K |
|
|
SLCT
2477
DELISTED
Select Bancorp, Inc.
SLCT
| $1.47M | ﹤0.01% |
+110,313
| New | +$1.45M |
|
2478
AvalonBay Communities
AVB
$26.8B
| $1.47M | ﹤0.01% |
8,954
-256,550
| -97% | -$42M |
|
|
DRRX
2479
DELISTED
DURECT Corp
DRRX
| $1.47M | ﹤0.01% |
68,669
+41,593
| +154% | +$581K |
|
|
FBR
2480
DELISTED
Fibria Celulose Sa
FBR
| $1.47M | ﹤0.01% |
75,308
-1,393,698
| -95% | -$24.8M |
|
|
RPT
2481
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.47M | ﹤0.01% |
118,619
+62,656
| +112% | +$794K |
|
|
LUMO
2482
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $1.46M | ﹤0.01% |
22,367
-238,451
| -91% | -$16.9M |
|
2483
eHealth
EHTH
$43.8M
| $1.46M | ﹤0.01% |
101,850
-27,630
| -21% | -$455K |
|
2484
Cannae Holdings
CNNE
$646M
| $1.45M | ﹤0.01% |
76,857
+23,690
| +45% | +$425K |
|
|
COUP
2485
DELISTED
Coupa Software Incorporated
COUP
| $1.45M | ﹤0.01% |
31,687
-310,410
| -91% | -$12.8M |
|
2486
Sportsman's Warehouse
SPWH
$45.3M
| $1.44M | ﹤0.01% |
353,268
+193,456
| +121% | +$961K |
|
2487
iShares US Real Estate ETF
IYR
$4.69B
| $1.44M | ﹤0.01% |
19,085
-33,183
| -63% | -$2.52M |
|
2488
Champion Homes
SKY
$4.41B
| $1.44M | ﹤0.01% |
+65,466
| New | +$1.41M |
|
2489
Horizon Bancorp
HBNC
$1.05B
| $1.44M | ﹤0.01% |
71,912
+33,464
| +87% | +$653K |
|
2490
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $1.44M | ﹤0.01% |
+7,550
| New | +$1.45M |
|
|
AOI
2491
DELISTED
Alliance One International
AOI
| $1.44M | ﹤0.01% |
55,202
-17,403
| -24% | -$327K |
|
2492
Elbit Systems
ESLT
$36.8B
| $1.44M | ﹤0.01% |
11,809
-19,584
| -62% | -$2.72M |
|
2493
CALL
Papa John's
PZZA
$995M
| $1.43M | ﹤0.01% |
+25,000
| New | +$1.5M |
|
2494
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $1.43M | ﹤0.01% |
+66,742
| New | +$1.49M |
|
|
ZN
2495
DELISTED
Zion Oil & Gas, Inc.
ZN
| $1.43M | ﹤0.01% |
299,790
+211,471
| +239% | +$733K |
|
|
ETG
2496
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.74B
| $1.43M | ﹤0.01% |
85,310
+39,451
| +86% | +$683K |
|
|
PRA
2497
DELISTED
ProAssurance
PRA
| $1.43M | ﹤0.01% |
29,364
+8,558
| +41% | +$445K |
|
2498
Compass Diversified
CODI
$756M
| $1.43M | ﹤0.01% |
86,880
+69,441
| +398% | +$1.17M |
|
|
OXFD
2499
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $1.42M | ﹤0.01% |
114,083
-68,522
| -38% | -$834K |
|
|
CLLS
2500
Cellectis
CLLS
$287M
| $1.42M | ﹤0.01% |
45,048
-59,242
| -57% | -$1.87M |
|
Similar funds
Millennium Management's Q1 2018 Portfolio in Review
As of Q1 2018, Millennium Management held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Millennium Management deployed $3.3B of net new capital in Q1 2018, opening 664 new positions and adding to 1,467 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Millennium Management's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Millennium Management added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Millennium Management's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Millennium Management fully exited Equinix in Q1 2018, selling an estimated $152M.
- Millennium Management's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Millennium Management opened 664 new positions and closed 833 in Q1 2018.
- Millennium Management's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.