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 | |
|---|---|---|---|---|---|---|
|
MNR
851
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $20.9M | 0.03% |
1,391,470
+987,397
| +244% | +$15.5M |
|
|
XCRA
852
DELISTED
Xcerra Corporation
XCRA
| $20.9M | 0.03% |
1,795,013
+1,764,611
| +5,804% | +$18.2M |
|
853
Integer Holdings
ITGR
$4.23B
| $20.9M | 0.03% |
369,464
+212,916
| +136% | +$10.7M |
|
854
Apple Hospitality REIT
APLE
$3.91B
| $20.9M | 0.03% |
1,189,060
-502,948
| -30% | -$9.21M |
|
|
ALE
855
DELISTED
Allete
ALE
| $20.8M | 0.03% |
288,491
-256,658
| -47% | -$18.1M |
|
|
AD
856
Array Digital Infrastructure
AD
$3.03B
| $20.8M | 0.03% |
518,513
+143,103
| +38% | +$5.31M |
|
857
Liberty Media Series C
FWONK
$24.5B
| $20.8M | 0.03% |
697,218
+303,869
| +77% | +$10.1M |
|
|
LSXMA
858
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $20.8M | 0.03% |
700,095
+663,144
| +1,795% | +$20.1M |
|
859
Curtiss-Wright
CW
$27.6B
| $20.8M | 0.03% |
153,875
-136,836
| -47% | -$17.9M |
|
860
Central Pacific Financial
CPF
$1.02B
| $20.7M | 0.03% |
726,216
+58,962
| +9% | +$1.73M |
|
|
MIC
861
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $20.6M | 0.03% |
558,023
+514,125
| +1,171% | +$27.7M |
|
862
Exelixis
EXEL
$13.8B
| $20.6M | 0.03% |
928,870
-230,918
| -20% | -$6.38M |
|
863
Horace Mann Educators
HMN
$2.09B
| $20.5M | 0.03% |
480,629
-127,264
| -21% | -$5.42M |
|
|
UNVR
864
DELISTED
Univar Solutions Inc.
UNVR
| $20.5M | 0.03% |
740,166
+25,133
| +4% | +$739K |
|
865
CALL
Biogen
BIIB
$29.8B
| $20.5M | 0.03% |
75,000
+45,000
| +150% | +$14M |
|
866
Darling Ingredients
DAR
$9.5B
| $20.5M | 0.03% |
1,184,892
-693,850
| -37% | -$12.6M |
|
867
Ally Financial
ALLY
$13.4B
| $20.4M | 0.03% |
750,467
-479,234
| -39% | -$13.7M |
|
868
CALL
Delek US
DK
$4.05B
| $20.4M | 0.03% |
+500,000
| New | +$18M |
|
|
PSB
869
DELISTED
PS Business Parks, Inc.
PSB
| $20.3M | 0.03% |
179,992
+152,058
| +544% | +$17.5M |
|
|
INN
870
Summit Hotel Properties
INN
$749M
| $20.2M | 0.03% |
1,483,710
-1,145,093
| -44% | -$16.4M |
|
871
PUT
Wolfspeed
WOLF
$1.27B
| $20.2M | 0.03% |
+500,000
| New | +$18.8M |
|
|
GHDX
872
DELISTED
Genomic Health, Inc.
GHDX
| $20.1M | 0.03% |
643,737
-55,186
| -8% | -$1.83M |
|
873
Flex
FLEX
$43B
| $20M | 0.03% |
+1,628,781
| New | +$22.2M |
|
|
TWX
874
CALL
DELISTED
Time Warner Inc
TWX
| $20M | 0.03% |
211,700
+90,700
| +75% | +$8.55M |
|
875
Ciena
CIEN
$55.3B
| $20M | 0.03% |
772,088
-1,705,869
| -69% | -$40.1M |
|
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.