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 | |
|---|---|---|---|---|---|---|
|
ABB
2651
DELISTED
ABB Ltd
ABB
| $1.04M | ﹤0.01% |
+43,754
| New | +$1.13M |
|
2652
Novanta
NOVT
$4.95B
| $1.04M | ﹤0.01% |
+19,895
| New | +$1.09M |
|
2653
B&G Foods
BGS
$293M
| $1.04M | ﹤0.01% |
43,731
-192,159
| -81% | -$5.88M |
|
|
HNP
2654
DELISTED
Huaneng Power Intl, Inc.
HNP
| $1.03M | ﹤0.01% |
38,557
+28,183
| +272% | +$721K |
|
2655
Vanguard Morningstar Large-Cap ETF
VV
$52.1B
| $1.03M | ﹤0.01% |
8,532
-11,168
| -57% | -$1.4M |
|
|
WPZ
2656
CALL
DELISTED
Williams Partners L.P.
WPZ
| $1.03M | ﹤0.01% |
+30,000
| New | +$1.17M |
|
|
FIT
2657
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $1.02M | ﹤0.01% |
+200,000
| New | +$1.07M |
|
2658
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.8B
| $1.02M | ﹤0.01% |
25,973
-58,992
| -69% | -$2.3M |
|
|
CHU
2659
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $1.02M | ﹤0.01% |
79,178
+37,927
| +92% | +$508K |
|
|
ALNA
2660
DELISTED
Allena Pharmaceuticals
ALNA
| $1.01M | ﹤0.01% |
92,079
+69,723
| +312% | +$582K |
|
2661
Riverview Bancorp
RVSB
$107M
| $1.01M | ﹤0.01% |
108,600
-44,908
| -29% | -$409K |
|
|
KA
2662
DELISTED
Kineta, Inc. Common Stock
KA
| $1.01M | ﹤0.01% |
1,521
-5,290
| -78% | -$3.19M |
|
2663
HUTCHMED
HCM
$1.85B
| $1.01M | ﹤0.01% |
+34,129
| New | +$1.21M |
|
|
GHDX
2664
CALL
DELISTED
Genomic Health, Inc.
GHDX
| $1M | ﹤0.01% |
+32,100
| New | +$1.07M |
|
2665
Prospect Capital
PSEC
$1.08B
| $1M | ﹤0.01% |
152,894
-376,243
| -71% | -$2.51M |
|
2666
ProShares Short Russell2000
RWM
$132M
| $1M | ﹤0.01% |
23,763
+1,968
| +9% | +$82K |
|
|
CLDR
2667
DELISTED
Cloudera, Inc.
CLDR
| $1M | ﹤0.01% |
46,334
-141,672
| -75% | -$2.66M |
|
2668
Vuzix
VUZI
$194M
| $996K | ﹤0.01% |
+181,167
| New | +$1.48M |
|
|
CAF
2669
Morgan Stanley China A Share Fund
CAF
$325M
| $993K | ﹤0.01% |
39,874
+25,877
| +185% | +$657K |
|
2670
PAR Technology
PAR
$695M
| $993K | ﹤0.01% |
70,491
+55,551
| +372% | +$557K |
|
|
PMT
2671
PennyMac Mortgage Investment
PMT
$812M
| $993K | ﹤0.01% |
55,090
-25,882
| -32% | -$433K |
|
2672
Saic
SAIC
$4.89B
| $993K | ﹤0.01% |
12,603
-46,156
| -79% | -$3.48M |
|
|
JASO
2673
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $992K | ﹤0.01% |
+151,294
| New | +$1.11M |
|
|
DCOM
2674
DELISTED
Dime Community Bancshares
DCOM
| $992K | ﹤0.01% |
53,893
-42,359
| -44% | -$824K |
|
2675
Nelnet
NNI
$4.88B
| $986K | ﹤0.01% |
18,818
+3,911
| +26% | +$207K |
|
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.