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 | |
|---|---|---|---|---|---|---|
1051
Mercer International
MERC
$44.2M
| $15.2M | 0.02% |
1,223,637
-58,087
| -5% | -$784K |
|
|
TYPE
1052
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $15.2M | 0.02% |
677,958
+635,399
| +1,493% | +$15.3M |
|
|
RDUS
1053
DELISTED
Radius Recycling
RDUS
| $15.2M | 0.02% |
470,441
-215,448
| -31% | -$7.52M |
|
1054
Builders FirstSource
BLDR
$7.63B
| $15.2M | 0.02% |
+766,759
| New | +$16.2M |
|
|
SYNT
1055
DELISTED
Syntel Inc
SYNT
| $15.2M | 0.02% |
595,458
+216,499
| +57% | +$5.37M |
|
|
FISV
1056
Fiserv Inc
FISV
$29B
| $15.2M | 0.02% |
212,773
+177,067
| +496% | +$12.5M |
|
1057
Four Corners Property Trust
FCPT
$2.8B
| $15.2M | 0.02% |
656,736
+274,890
| +72% | +$6.33M |
|
|
KW
1058
DELISTED
Kennedy-Wilson Holdings
KW
| $15.2M | 0.02% |
870,893
-44,493
| -5% | -$763K |
|
|
AMED
1059
DELISTED
Amedisys
AMED
| $15.1M | 0.02% |
250,473
-797,950
| -76% | -$45.5M |
|
|
EPZM
1060
DELISTED
Epizyme, Inc
EPZM
| $15.1M | 0.02% |
851,508
-145,179
| -15% | -$2.45M |
|
1061
Lakeland Financial Corp
LKFN
$1.57B
| $15.1M | 0.02% |
326,463
+231,781
| +245% | +$11.1M |
|
|
CBAY
1062
DELISTED
Cymabay Therapeutics
CBAY
| $15.1M | 0.02% |
1,160,275
+1,094,594
| +1,667% | +$13.6M |
|
1063
Genuine Parts
GPC
$17.6B
| $15M | 0.02% |
167,503
+155,094
| +1,250% | +$15M |
|
|
CLSD
1064
DELISTED
Clearside Biomedical
CLSD
| $15M | 0.02% |
93,182
+91,487
| +5,397% | +$11.1M |
|
1065
Toll Brothers
TOL
$13.9B
| $15M | 0.02% |
346,445
-1,699,054
| -83% | -$79.8M |
|
1066
Idacorp
IDA
$8.33B
| $15M | 0.02% |
169,669
-154,450
| -48% | -$13M |
|
1067
Healthcare Services Group
HCSG
$1.6B
| $14.9M | 0.02% |
343,271
+324,509
| +1,730% | +$15.9M |
|
|
ARNA
1068
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $14.9M | 0.02% |
377,830
-420,959
| -53% | -$16.4M |
|
|
SVC
1069
Service Properties Trust
SVC
$1.03B
| $14.9M | 0.02% |
117,487
-68,648
| -37% | -$9.24M |
|
1070
Acadia Pharmaceuticals
ACAD
$4.4B
| $14.9M | 0.02% |
661,358
+574,577
| +662% | +$15.9M |
|
1071
American Water Works
AWK
$26.6B
| $14.9M | 0.02% |
180,887
-105,738
| -37% | -$8.63M |
|
1072
iQIYI
IQ
$1.25B
| $14.8M | 0.02% |
+954,961
| New | +$14.8M |
|
1073
Reliance Steel & Aluminium
RS
$20.7B
| $14.8M | 0.02% |
173,171
+129,658
| +298% | +$11.6M |
|
|
VER
1074
DELISTED
VEREIT, Inc.
VER
| $14.8M | 0.02% |
425,207
-321,605
| -43% | -$11.4M |
|
1075
Insight Enterprises
NSIT
$3.96B
| $14.8M | 0.02% |
423,288
+200,041
| +90% | +$7.23M |
|
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.