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 | |
|---|---|---|---|---|---|---|
3101
PetMed Express
PETS
$42.3M
| $390K | ﹤0.01% |
9,346
+2,231
| +31% | +$103K |
|
|
GLO
3102
Clough Global Opportunities Fund
GLO
$244M
| $389K | ﹤0.01% |
36,377
-31,244
| -46% | -$347K |
|
|
NTUS
3103
DELISTED
Natus Medical Inc
NTUS
| $389K | ﹤0.01% |
11,554
-261,888
| -96% | -$8.29M |
|
3104
Clearwater Paper
CLW
$348M
| $388K | ﹤0.01% |
9,922
-49,862
| -83% | -$2.07M |
|
3105
United States Lime & Minerals
USLM
$3.24B
| $388K | ﹤0.01% |
26,515
-5,720
| -18% | -$86K |
|
3106
TriplePoint Venture Growth BDC
TPVG
$184M
| $387K | ﹤0.01% |
32,351
-21,154
| -40% | -$261K |
|
3107
vTv Therapeutics
VTVT
$124M
| $387K | ﹤0.01% |
2,376
+809
| +52% | +$198K |
|
3108
Invesco California Value Municipal Income Trust
VCV
$517M
| $386K | ﹤0.01% |
+33,097
| New | +$399K |
|
|
HLG
3109
DELISTED
Hailiang Education Group Inc. American Depositary Shares
HLG
| $386K | ﹤0.01% |
+5,124
| New | +$288K |
|
3110
Rocky Brands
RCKY
$370M
| $384K | ﹤0.01% |
+17,883
| New | +$341K |
|
|
FFKT
3111
DELISTED
Farmers Capital Bank Corp
FFKT
| $383K | ﹤0.01% |
9,581
-5,827
| -38% | -$227K |
|
|
CMBT
3112
CMB.TECH NV
CMBT
$4.52B
| $381K | ﹤0.01% |
+46,459
| New | +$398K |
|
|
RP
3113
DELISTED
RealPage, Inc.
RP
| $375K | ﹤0.01% |
7,290
-269,999
| -97% | -$13.5M |
|
3114
Community Bank
CBU
$3.39B
| $374K | ﹤0.01% |
6,985
-262,036
| -97% | -$14.3M |
|
|
MYC
3115
DELISTED
Blackrock Muni Yield California Fund, Inc.
MYC
| $374K | ﹤0.01% |
+28,078
| New | +$395K |
|
3116
HDFC Bank
HDB
$123B
| $373K | ﹤0.01% |
+15,124
| New | +$381K |
|
3117
Acushnet Holdings
GOLF
$6B
| $372K | ﹤0.01% |
+16,104
| New | +$350K |
|
|
BBOX
3118
DELISTED
Black Box Corp
BBOX
| $372K | ﹤0.01% |
185,972
-163,411
| -47% | -$448K |
|
|
AGS
3119
DELISTED
PlayAGS
AGS
| $371K | ﹤0.01% |
+15,966
| New | +$328K |
|
3120
El Pollo Loco
LOCO
$503M
| $371K | ﹤0.01% |
39,024
-217,936
| -85% | -$2.16M |
|
|
GAU
3121
Galiano Gold
GAU
$457M
| $370K | ﹤0.01% |
369,795
+225,095
| +156% | +$188K |
|
|
HIBB
3122
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $369K | ﹤0.01% |
15,422
-188,431
| -92% | -$4.48M |
|
|
ARR
3123
Armour Residential REIT
ARR
$2.32B
| $368K | ﹤0.01% |
+3,160
| New | +$369K |
|
|
THQ
3124
abrdn Healthcare Opportunities Fund
THQ
$784M
| $368K | ﹤0.01% |
22,319
+11,419
| +105% | +$199K |
|
|
KE
3125
Kimball Electronics
KE
$564M
| $367K | ﹤0.01% |
22,742
-45,581
| -67% | -$819K |
|
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.