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 | |
|---|---|---|---|---|---|---|
2551
CareDx
CDNA
$1.97B
| $1.28M | ﹤0.01% |
160,152
+114,314
| +249% | +$705K |
|
2552
James River Group Holdings
JRVR
$207M
| $1.27M | ﹤0.01% |
+35,932
| New | +$1.31M |
|
2553
Asbury Automotive
ABG
$4.34B
| $1.27M | ﹤0.01% |
18,840
-317,199
| -94% | -$21.9M |
|
|
OLBK
2554
DELISTED
Old Line Bancshares, Inc.
OLBK
| $1.27M | ﹤0.01% |
+38,476
| New | +$1.22M |
|
|
LION
2555
DELISTED
Fidelity Southern Corporation
LION
| $1.26M | ﹤0.01% |
+54,806
| New | +$1.29M |
|
2556
Bassett Furniture
BSET
$168M
| $1.26M | ﹤0.01% |
41,611
-66,695
| -62% | -$2.27M |
|
|
AOD
2557
abrdn Total Dynamic Dividend Fund
AOD
$1.1B
| $1.26M | ﹤0.01% |
+141,104
| New | +$1.33M |
|
|
TRTN
2558
DELISTED
Triton International Limited
TRTN
| $1.26M | ﹤0.01% |
41,170
+2,080
| +5% | +$69.6K |
|
2559
ADMA Biologics
ADMA
$2.01B
| $1.26M | ﹤0.01% |
273,621
+206,088
| +305% | +$819K |
|
2560
BlackRock Multi-Sector Income Trust
BIT
$696M
| $1.26M | ﹤0.01% |
+74,991
| New | +$1.32M |
|
|
FSD
2561
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $1.26M | ﹤0.01% |
83,596
-4,863
| -5% | -$78K |
|
2562
Cardinal Health
CAH
$53.2B
| $1.25M | ﹤0.01% |
19,971
-162,010
| -89% | -$11.1M |
|
2563
Asure Software
ASUR
$240M
| $1.25M | ﹤0.01% |
+102,178
| New | +$1.49M |
|
|
QADA
2564
DELISTED
QAD Inc.
QADA
| $1.25M | ﹤0.01% |
30,024
-30,840
| -51% | -$1.32M |
|
2565
Home Bancorp
HBCP
$558M
| $1.25M | ﹤0.01% |
+28,922
| New | +$1.22M |
|
|
GHL
2566
DELISTED
Greenhill & Co., Inc.
GHL
| $1.25M | ﹤0.01% |
67,500
-457,987
| -87% | -$8.85M |
|
|
MBTF
2567
DELISTED
MBT Financial Corporation
MBTF
| $1.25M | ﹤0.01% |
115,960
+45,578
| +65% | +$476K |
|
|
MCA
2568
DELISTED
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC
MCA
| $1.24M | ﹤0.01% |
+93,415
| New | +$1.3M |
|
2569
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.09B
| $1.24M | ﹤0.01% |
56,570
+33,383
| +144% | +$763K |
|
2570
BioLife Solutions
BLFS
$1.55B
| $1.23M | ﹤0.01% |
241,470
+58,920
| +32% | +$319K |
|
2571
Inspired Entertainment
INSE
$182M
| $1.23M | ﹤0.01% |
224,187
+208,651
| +1,343% | +$1.37M |
|
2572
Park-Ohio Holdings
PKOH
$568M
| $1.23M | ﹤0.01% |
31,635
+1,798
| +6% | +$76.9K |
|
|
FCB
2573
DELISTED
FCB Financial Holdings, Inc.
FCB
| $1.22M | ﹤0.01% |
+23,914
| New | +$1.31M |
|
|
SBBP
2574
DELISTED
Strongbridge Biopharma plc.
SBBP
| $1.22M | ﹤0.01% |
137,880
+120,095
| +675% | +$899K |
|
2575
Adecoagro
AGRO
$1.47B
| $1.22M | ﹤0.01% |
161,776
-3,507
| -2% | -$32.1K |
|
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.