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 | |
|---|---|---|---|---|---|---|
|
NATI
1026
DELISTED
National Instruments Corp
NATI
| $15.7M | 0.02% |
310,298
+242,499
| +358% | +$11.8M |
|
1027
Diamondrock Hospitality Co
DRH
$2.76B
| $15.7M | 0.02% |
1,502,192
-5,099,459
| -77% | -$56.3M |
|
|
CERN
1028
DELISTED
Cerner Corp
CERN
| $15.7M | 0.02% |
270,354
+248,114
| +1,116% | +$16.1M |
|
1029
Marcus & Millichap
MMI
$1.16B
| $15.7M | 0.02% |
434,493
+86,631
| +25% | +$2.83M |
|
1030
Braskem
BAK
$928M
| $15.6M | 0.02% |
538,986
-312,581
| -37% | -$9.1M |
|
|
MNK
1031
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $15.6M | 0.02% |
1,078,581
+877,699
| +437% | +$15.8M |
|
1032
Wintrust Financial
WTFC
$10.9B
| $15.6M | 0.02% |
181,025
-85,275
| -32% | -$7.34M |
|
1033
Interface
TILE
$2.04B
| $15.6M | 0.02% |
617,687
-342,951
| -36% | -$8.51M |
|
1034
Twilio
TWLO
$30.2B
| $15.5M | 0.02% |
406,349
+10,471
| +3% | +$332K |
|
|
FLXN
1035
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $15.5M | 0.02% |
+692,154
| New | +$16.9M |
|
|
FNGN
1036
DELISTED
Financial Engines, Inc.
FNGN
| $15.5M | 0.02% |
442,652
+226,857
| +105% | +$7.12M |
|
|
WUBA
1037
DELISTED
58.com Inc
WUBA
| $15.5M | 0.02% |
193,843
-83,325
| -30% | -$6.58M |
|
1038
Brookdale Senior Living
BKD
$3.49B
| $15.5M | 0.02% |
2,306,486
+1,301,384
| +129% | +$11M |
|
1039
Rexford Industrial Realty
REXR
$8.37B
| $15.4M | 0.02% |
535,674
-394,559
| -42% | -$11.2M |
|
1040
Cable One
CABO
$245M
| $15.4M | 0.02% |
22,419
+21,886
| +4,106% | +$15.3M |
|
1041
Suncor Energy
SU
$78.1B
| $15.4M | 0.02% |
445,244
-323,657
| -42% | -$11.3M |
|
1042
Toro Company
TTC
$9.02B
| $15.4M | 0.02% |
245,872
-259,170
| -51% | -$16.5M |
|
1043
NETGEAR
NTGR
$642M
| $15.3M | 0.02% |
268,105
+231,070
| +624% | +$14.2M |
|
1044
United Parcel Service
UPS
$91.2B
| $15.3M | 0.02% |
146,434
-351,926
| -71% | -$40.7M |
|
1045
CALL
Whirlpool
WHR
$2.56B
| $15.3M | 0.02% |
+100,000
| New | +$16.7M |
|
1046
Ultragenyx Pharmaceutical
RARE
$2.47B
| $15.3M | 0.02% |
300,260
+176,425
| +142% | +$8.88M |
|
|
JWN
1047
DELISTED
Nordstrom
JWN
| $15.3M | 0.02% |
316,115
-956,570
| -75% | -$47.6M |
|
1048
NETSCOUT
NTCT
$2.97B
| $15.3M | 0.02% |
580,175
+546,712
| +1,634% | +$14.9M |
|
1049
Prestige Consumer Healthcare
PBH
$2.46B
| $15.3M | 0.02% |
452,279
-93,954
| -17% | -$3.6M |
|
1050
Alaska Air
ALK
$5.52B
| $15.2M | 0.02% |
245,935
-344,314
| -58% | -$22.8M |
|
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.