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 | |
|---|---|---|---|---|---|---|
3201
Summit Therapeutics
SMMT
$10.3B
| $299K | ﹤0.01% |
23,178
-76,695
| -77% | -$958K |
|
|
TDF
3202
Templeton Dragon Fund
TDF
$272M
| $299K | ﹤0.01% |
13,450
-8,930
| -40% | -$203K |
|
3203
First Community Corp
FCCO
$329M
| $298K | ﹤0.01% |
12,997
+2,174
| +20% | +$47.7K |
|
3204
BlackRock Limited Duration Income Trust
BLW
$490M
| $297K | ﹤0.01% |
+19,698
| New | +$305K |
|
3205
GATX Corp
GATX
$6.45B
| $297K | ﹤0.01% |
4,339
-14,770
| -77% | -$1.01M |
|
|
MGF
3206
Aberdeen Government Markets Income Fund
MGF
$90.9M
| $297K | ﹤0.01% |
64,093
-57,659
| -47% | -$269K |
|
|
SFIX
3207
Stitch Fix
SFIX
$571M
| $296K | ﹤0.01% |
+14,580
| New | +$316K |
|
|
HTT
3208
High Templar Tech Ltd
HTT
$374M
| $295K | ﹤0.01% |
25,182
-56,523
| -69% | -$768K |
|
|
ELLI
3209
DELISTED
Ellie Mae Inc
ELLI
| $295K | ﹤0.01% |
3,211
-2,727
| -46% | -$253K |
|
3210
Fabrinet
FN
$15.1B
| $293K | ﹤0.01% |
9,353
+1,565
| +20% | +$46.2K |
|
3211
Tetra Tech
TTEK
$8.91B
| $293K | ﹤0.01% |
29,930
-1,152,860
| -97% | -$11.4M |
|
3212
Park Aerospace
PKE
$728M
| $292K | ﹤0.01% |
+17,342
| New | +$318K |
|
|
PCOM
3213
DELISTED
Points.com Inc. Common Shares
PCOM
| $291K | ﹤0.01% |
29,800
+898
| +3% | +$9.74K |
|
|
FFG
3214
DELISTED
FBL Financial Group
FFG
| $291K | ﹤0.01% |
4,189
-8,717
| -68% | -$613K |
|
|
PIR
3215
DELISTED
Pier 1 Imports, Inc.
PIR
| $291K | ﹤0.01% |
4,525
+3,844
| +564% | +$261K |
|
|
VIRX
3216
DELISTED
Viracta Therapeutics, Inc. Common Stock
VIRX
| $290K | ﹤0.01% |
3,046
+2,607
| +594% | +$447K |
|
|
TST
3217
DELISTED
TheStreet, Inc.
TST
| $290K | ﹤0.01% |
+16,195
| New | +$235K |
|
|
MR
3218
DELISTED
Montage Resources Corporation Common Stock
MR
| $289K | ﹤0.01% |
13,381
+11,329
| +552% | +$326K |
|
3219
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.41B
| $286K | ﹤0.01% |
2,745
-4,653
| -63% | -$486K |
|
3220
Element Solutions
ESI
$8.66B
| $286K | ﹤0.01% |
29,715
-975,466
| -97% | -$10.4M |
|
3221
State Street SPDR Dow Jones International Real Estate ETF
RWX
$269M
| $286K | ﹤0.01% |
+7,136
| New | +$288K |
|
|
PBT
3222
Permian Basin Royalty Trust
PBT
$1.37B
| $285K | ﹤0.01% |
29,487
-13,466
| -31% | -$125K |
|
3223
CPI Card Group
PMTS
$245M
| $285K | ﹤0.01% |
94,687
-25,729
| -21% | -$78.2K |
|
|
SELF
3224
Global Self Storage
SELF
$58.4M
| $282K | ﹤0.01% |
63,895
-4,221
| -6% | -$18.8K |
|
3225
Wipro
WIT
$19.5B
| $280K | ﹤0.01% |
144,501
-995,214
| -87% | -$2.05M |
|
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.