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 | |
|---|---|---|---|---|---|---|
|
ANAT
1001
DELISTED
American National Group, Inc. Common Stock
ANAT
| $16.3M | 0.02% |
139,180
+126,561
| +1,003% | +$15.3M |
|
|
MCRN
1002
DELISTED
Milacron Holdings Corp.
MCRN
| $16.3M | 0.02% |
807,180
+463,865
| +135% | +$9.17M |
|
1003
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.9B
| $16.2M | 0.02% |
150,843
+25,670
| +21% | +$2.8M |
|
1004
Seagate
STX
$189B
| $16.2M | 0.02% |
277,082
+193,420
| +231% | +$10.3M |
|
1005
CALL
Enterprise Products Partners
EPD
$81.9B
| $16.1M | 0.02% |
658,900
-1,288,700
| -66% | -$34.3M |
|
1006
GDS Holdings
GDS
$6.55B
| $16.1M | 0.02% |
+586,799
| New | +$15.4M |
|
|
ENLC
1007
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $16.1M | 0.02% |
1,096,374
+25,148
| +2% | +$423K |
|
|
VRTU
1008
DELISTED
Virtusa Corporation
VRTU
| $16M | 0.02% |
330,456
+128,302
| +63% | +$6.11M |
|
|
PFPT
1009
DELISTED
Proofpoint, Inc.
PFPT
| $16M | 0.02% |
140,693
-350,240
| -71% | -$37.2M |
|
1010
Truist Financial
TFC
$63.4B
| $16M | 0.02% |
307,222
-1,043,532
| -77% | -$56.2M |
|
1011
Walt Disney
DIS
$170B
| $16M | 0.02% |
159,028
-160,510
| -50% | -$17.1M |
|
|
HZNP
1012
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $16M | 0.02% |
1,124,465
+842,814
| +299% | +$12.5M |
|
1013
Radian Group
RDN
$5.22B
| $15.9M | 0.02% |
837,100
-1,571,924
| -65% | -$33.1M |
|
1014
CALL
Edwards Lifesciences
EW
$51.1B
| $15.9M | 0.02% |
342,300
+312,300
| +1,041% | +$13.6M |
|
1015
KB Home
KBH
$3.45B
| $15.9M | 0.02% |
558,733
-479,529
| -46% | -$14.9M |
|
1016
Trimble
TRMB
$13.5B
| $15.9M | 0.02% |
442,256
+78,714
| +22% | +$3.17M |
|
|
NXRT
1017
NexPoint Residential Trust
NXRT
$660M
| $15.8M | 0.02% |
637,616
+160,233
| +34% | +$4.08M |
|
|
BID
1018
DELISTED
Sotheby's
BID
| $15.8M | 0.02% |
308,524
+94,406
| +44% | +$4.81M |
|
1019
Atkore
ATKR
$3.16B
| $15.8M | 0.02% |
796,107
+35,575
| +5% | +$765K |
|
1020
KALA BIO
KALA
$14.6M
| $15.8M | 0.02% |
400
+359
| +876% | +$13.6M |
|
1021
Atlassian
TEAM
$26.3B
| $15.8M | 0.02% |
292,144
+137,630
| +89% | +$7.49M |
|
|
ARRS
1022
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $15.7M | 0.02% |
592,608
-475,546
| -45% | -$12.3M |
|
1023
Akamai
AKAM
$17.1B
| $15.7M | 0.02% |
221,824
+131,837
| +147% | +$8.98M |
|
|
CHS
1024
DELISTED
Chicos FAS, Inc.
CHS
| $15.7M | 0.02% |
1,741,097
-1,637,322
| -48% | -$15.2M |
|
|
TAST
1025
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $15.7M | 0.02% |
1,402,472
+417,911
| +42% | +$5.25M |
|
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.