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 | |
|---|---|---|---|---|---|---|
3026
BlackRock Resources & Commodities Strategy Trust
BCX
$896M
| $466K | ﹤0.01% |
+52,462
| New | +$500K |
|
3027
iShares MSCI Philippines ETF
EPHE
$132M
| $466K | ﹤0.01% |
+13,330
| New | +$496K |
|
|
MCBC
3028
DELISTED
Macatawa Bank Corp
MCBC
| $466K | ﹤0.01% |
45,386
-42,867
| -49% | -$437K |
|
|
GTYH
3029
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
| $465K | ﹤0.01% |
46,699
+18,825
| +68% | +$187K |
|
3030
OneSpan
OSPN
$584M
| $462K | ﹤0.01% |
35,710
-5,220
| -13% | -$71.2K |
|
3031
Resources Connection
RGP
$140M
| $462K | ﹤0.01% |
28,536
+8,072
| +39% | +$129K |
|
3032
E.W. Scripps
SSP
$270M
| $462K | ﹤0.01% |
38,572
+21,409
| +125% | +$312K |
|
3033
Malibu Boats
MBUU
$548M
| $459K | ﹤0.01% |
13,830
-6,913
| -33% | -$225K |
|
3034
iShares MSCI Brazil ETF
EWZ
$8.98B
| $456K | ﹤0.01% |
10,153
-248,275
| -96% | -$11.1M |
|
3035
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$49.4B
| $456K | ﹤0.01% |
+13,612
| New | +$469K |
|
|
HUD
3036
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $456K | ﹤0.01% |
+28,657
| New | +$458K |
|
3037
Ameresco
AMRC
$980M
| $455K | ﹤0.01% |
35,010
-29,561
| -46% | -$279K |
|
3038
NewMarket
NEU
$7.24B
| $455K | ﹤0.01% |
1,133
+39
| +4% | +$15.9K |
|
3039
Galectin Therapeutics
GALT
$230M
| $454K | ﹤0.01% |
+95,780
| New | +$446K |
|
3040
Wheaton Precious Metals
WPM
$49.7B
| $453K | ﹤0.01% |
22,222
-1,378,020
| -98% | -$28.3M |
|
3041
AudioCodes
AUDC
$239M
| $452K | ﹤0.01% |
63,165
-76,649
| -55% | -$573K |
|
3042
Capital City Bank Group
CCBG
$897M
| $442K | ﹤0.01% |
17,850
-11,170
| -38% | -$273K |
|
3043
Hamilton Beach Brands
HBB
$313M
| $442K | ﹤0.01% |
20,838
-20,938
| -50% | -$520K |
|
3044
Factset
FDS
$10B
| $440K | ﹤0.01% |
2,208
-3,130
| -59% | -$632K |
|
3045
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $439K | ﹤0.01% |
8,192
-57,624
| -88% | -$3.1M |
|
|
LN
3046
DELISTED
LINE Corporation
LN
| $438K | ﹤0.01% |
+11,218
| New | +$468K |
|
|
WOW
3047
DELISTED
WideOpenWest
WOW
| $436K | ﹤0.01% |
60,929
-241,263
| -80% | -$2.32M |
|
3048
HNI Corp
HNI
$3.08B
| $434K | ﹤0.01% |
+12,030
| New | +$460K |
|
3049
Howmet Aerospace
HWM
$109B
| $434K | ﹤0.01% |
24,540
-221,625
| -90% | -$4.51M |
|
3050
CALL
Omnicell
OMCL
$1.88B
| $434K | ﹤0.01% |
10,000
| – | – |
|
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.