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 | |
|---|---|---|---|---|---|---|
2901
Everspin Technologies
MRAM
$303M
| $647K | ﹤0.01% |
+85,688
| New | +$721K |
|
2902
Vanguard Mega Cap Growth ETF
MGK
$31.3B
| $646K | ﹤0.01% |
+28,765
| New | +$668K |
|
2903
Republic Services
RSG
$67.4B
| $641K | ﹤0.01% |
9,682
-283,200
| -97% | -$19M |
|
2904
PUT
Geron
GERN
$898M
| $638K | ﹤0.01% |
+150,000
| New | +$405K |
|
2905
Tyler Technologies
TYL
$13.7B
| $636K | ﹤0.01% |
3,015
-109,301
| -97% | -$21.9M |
|
|
CVGW
2906
DELISTED
Calavo Growers
CVGW
| $634K | ﹤0.01% |
6,875
-72,901
| -91% | -$6.38M |
|
2907
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.3B
| $633K | ﹤0.01% |
+19,299
| New | +$654K |
|
2908
JB Hunt Transport Services
JBHT
$25.9B
| $632K | ﹤0.01% |
5,391
-551,302
| -99% | -$66M |
|
|
GHY
2909
PGIM Global High Yield Fund
GHY
$476M
| $631K | ﹤0.01% |
45,491
-51,983
| -53% | -$736K |
|
2910
Seres Therapeutics
MCRB
$45M
| $630K | ﹤0.01% |
4,291
-10,493
| -71% | -$2.01M |
|
2911
Orion Group Holdings
ORN
$368M
| $630K | ﹤0.01% |
95,622
+60,993
| +176% | +$438K |
|
|
PFNX
2912
DELISTED
Pfenex Inc.
PFNX
| $630K | ﹤0.01% |
104,937
-254,351
| -71% | -$1M |
|
|
ZTR
2913
Virtus Total Return Fund
ZTR
$337M
| $629K | ﹤0.01% |
+57,237
| New | +$703K |
|
|
ZSAN
2914
DELISTED
Zosano Pharma Corporation
ZSAN
| $629K | ﹤0.01% |
+3,565
| New | +$1.19M |
|
|
EMCI
2915
DELISTED
EMC INS Group Inc
EMCI
| $626K | ﹤0.01% |
23,112
+13,686
| +145% | +$376K |
|
2916
CVR Energy
CVI
$3.48B
| $624K | ﹤0.01% |
20,647
-5,754
| -22% | -$193K |
|
2917
Franklin Electric
FELE
$4.66B
| $620K | ﹤0.01% |
15,216
-45,311
| -75% | -$1.95M |
|
|
MDRX
2918
CALL
DELISTED
Veradigm Inc. Common Stock
MDRX
| $618K | ﹤0.01% |
+50,000
| New | +$710K |
|
|
SA
2919
Seabridge Gold
SA
$2.72B
| $613K | ﹤0.01% |
+56,739
| New | +$628K |
|
2920
Macerich
MAC
$7.4B
| $612K | ﹤0.01% |
10,924
-196,950
| -95% | -$12M |
|
|
FSB
2921
DELISTED
Franklin Financial Network, Inc.
FSB
| $612K | ﹤0.01% |
18,776
-85,473
| -82% | -$2.85M |
|
2922
ImmunityBio
IBRX
$7.15B
| $610K | ﹤0.01% |
156,744
+125,544
| +402% | +$550K |
|
|
RPT
2923
Rithm Property Trust
RPT
$94.4M
| $608K | ﹤0.01% |
7,745
-13,088
| -63% | -$1.02M |
|
|
SDRL
2924
DELISTED
Seadrill Limited Common Stock
SDRL
| $608K | ﹤0.01% |
11,644
-3,506
| -23% | -$243K |
|
|
TCS
2925
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $607K | ﹤0.01% |
7,433
-14,558
| -66% | -$1.09M |
|
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.