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 | |
|---|---|---|---|---|---|---|
|
HAWK
2576
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $1.22M | ﹤0.01% |
27,216
-619,357
| -96% | -$27M |
|
|
FNHC
2577
DELISTED
FedNat Holding Company Common Stock
FNHC
| $1.21M | ﹤0.01% |
76,971
-127,082
| -62% | -$2.01M |
|
|
RC
2578
Ready Capital
RC
$261M
| $1.21M | ﹤0.01% |
79,778
-32,813
| -29% | -$479K |
|
2579
RLJ Lodging Trust
RLJ
$1.87B
| $1.2M | ﹤0.01% |
61,836
-374,807
| -86% | -$7.96M |
|
2580
CALL
Kroger
KR
$35.4B
| $1.2M | ﹤0.01% |
+50,000
| New | +$1.36M |
|
2581
A10 Networks
ATEN
$2.16B
| $1.2M | ﹤0.01% |
205,338
-1,064,520
| -84% | -$6.96M |
|
2582
Fidelity D&D Bancorp
FDBC
$305M
| $1.19M | ﹤0.01% |
+24,182
| New | +$1.17M |
|
2583
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.71B
| $1.19M | ﹤0.01% |
136,073
-17,009
| -11% | -$156K |
|
2584
State Street SPDR ICE Preferred Securities ETF
PSK
$691M
| $1.19M | ﹤0.01% |
+27,300
| New | +$1.18M |
|
|
CSS
2585
DELISTED
CSS Industries, Inc.
CSS
| $1.19M | ﹤0.01% |
+67,698
| New | +$1.51M |
|
|
DBD
2586
DELISTED
Diebold Nixdorf Incorporated
DBD
| $1.18M | ﹤0.01% |
76,862
-13,710
| -15% | -$229K |
|
|
POLY
2587
DELISTED
Plantronics, Inc.
POLY
| $1.18M | ﹤0.01% |
19,608
-1,050
| -5% | -$58.6K |
|
|
AINC
2588
DELISTED
Ashford Inc.
AINC
| $1.18M | ﹤0.01% |
12,356
+10,080
| +443% | +$951K |
|
2589
Liberty Broadband Class C
LBRDK
$4.79B
| $1.18M | ﹤0.01% |
13,798
-67,316
| -83% | -$6.06M |
|
|
HOS
2590
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $1.18M | ﹤0.01% |
404,031
+150,066
| +59% | +$527K |
|
2591
Grupo Aval
AVAL
$6.11B
| $1.17M | ﹤0.01% |
141,316
-22,464
| -14% | -$197K |
|
2592
Tejon Ranch
TRC
$460M
| $1.17M | ﹤0.01% |
50,766
+11,107
| +28% | +$246K |
|
2593
RPC Inc
RES
$1.2B
| $1.16M | ﹤0.01% |
64,566
-531,461
| -89% | -$11.1M |
|
|
APRN
2594
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $1.16M | ﹤0.01% |
+3,231
| New | +$1.7M |
|
|
CERN
2595
CALL
DELISTED
Cerner Corp
CERN
| $1.16M | ﹤0.01% |
+20,000
| New | +$1.3M |
|
|
GLF
2596
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $1.16M | ﹤0.01% |
+39,999
| New | +$1.14M |
|
2597
Liberty Global Class C
LBTYK
$3.49B
| $1.16M | ﹤0.01% |
38,073
+15,720
| +70% | +$522K |
|
2598
Customers Bancorp
CUBI
$2.65B
| $1.15M | ﹤0.01% |
39,570
-146,362
| -79% | -$4.39M |
|
|
TOUR
2599
Tuniu
TOUR
$54.2M
| $1.15M | ﹤0.01% |
19,079
-57,417
| -75% | -$4.37M |
|
2600
Vermilion Energy
VET
$1.76B
| $1.15M | ﹤0.01% |
+35,563
| New | +$1.24M |
|
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.