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 | |
|---|---|---|---|---|---|---|
|
AVID
2501
DELISTED
Avid Technology Inc
AVID
| $1.42M | ﹤0.01% |
312,593
-1,040,950
| -77% | -$5.28M |
|
2502
Cadiz
CDZI
$264M
| $1.42M | ﹤0.01% |
104,954
+13,350
| +15% | +$188K |
|
|
PAMT
2503
PAMT Corp
PAMT
$347M
| $1.41M | ﹤0.01% |
155,560
+91,928
| +144% | +$836K |
|
2504
iShares Select Dividend ETF
DVY
$23.6B
| $1.41M | ﹤0.01% |
14,840
-18,157
| -55% | -$1.77M |
|
|
FSTX
2505
DELISTED
F-star Therapeutics, Inc. Common Stock
FSTX
| $1.41M | ﹤0.01% |
22,916
+10,343
| +82% | +$546K |
|
2506
PUT
Qorvo
QRVO
$8.01B
| $1.41M | ﹤0.01% |
+20,000
| New | +$1.51M |
|
2507
Murphy USA
MUSA
$11.4B
| $1.41M | ﹤0.01% |
19,326
+5,179
| +37% | +$404K |
|
|
KL
2508
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $1.4M | ﹤0.01% |
90,828
+14,737
| +19% | +$227K |
|
|
CLUB
2509
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $1.4M | ﹤0.01% |
184,688
+61,476
| +50% | +$392K |
|
|
VXX
2510
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $1.4M | ﹤0.01% |
29,607
-149,867
| -84% | -$5.68M |
|
|
VEAC
2511
DELISTED
Vantage Energy Acquisition Corp. Class A
VEAC
| $1.4M | ﹤0.01% |
143,034
+14,633
| +11% | +$143K |
|
2512
Gabelli Dividend & Income Trust
GDV
$2.6B
| $1.4M | ﹤0.01% |
63,247
+43,292
| +217% | +$1.01M |
|
|
GOOD
2513
Gladstone Commercial Corp
GOOD
$606M
| $1.4M | ﹤0.01% |
80,475
-287,385
| -78% | -$5.28M |
|
|
LKSD
2514
DELISTED
LSC Communications, Inc.
LKSD
| $1.39M | ﹤0.01% |
79,909
+19,946
| +33% | +$297K |
|
2515
Worthington Enterprises
WOR
$2.74B
| $1.39M | ﹤0.01% |
52,517
-49,980
| -49% | -$1.4M |
|
|
BRQS
2516
DELISTED
Borqs Technologies, Inc. Ordinary Shares
BRQS
| $1.39M | ﹤0.01% |
+832
| New | +$1.31M |
|
|
XOXO
2517
DELISTED
Xo Group Inc
XOXO
| $1.39M | ﹤0.01% |
66,818
+29,131
| +77% | +$578K |
|
2518
The RMR Group
RMR
$333M
| $1.38M | ﹤0.01% |
+19,765
| New | +$1.27M |
|
2519
Belden
BDC
$4.56B
| $1.38M | ﹤0.01% |
19,956
-35,200
| -64% | -$2.7M |
|
2520
Mistras Group
MG
$483M
| $1.38M | ﹤0.01% |
72,663
+58,950
| +430% | +$1.22M |
|
2521
Herbalife
HLF
$1.29B
| $1.37M | ﹤0.01% |
28,178
-14,124
| -33% | -$599K |
|
|
RUTH
2522
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $1.37M | ﹤0.01% |
+56,029
| New | +$1.32M |
|
|
RLH
2523
DELISTED
Red Lions Hotel Corporation
RLH
| $1.36M | ﹤0.01% |
139,686
+101,580
| +267% | +$1.04M |
|
|
ZEPP
2524
Zepp Health
ZEPP
$64.8M
| $1.36M | ﹤0.01% |
+31,929
| New | +$1.42M |
|
|
DCT
2525
DELISTED
DCT Industrial Trust Inc.
DCT
| $1.35M | ﹤0.01% |
23,980
-966,052
| -98% | -$54.6M |
|
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.