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 | |
|---|---|---|---|---|---|---|
1276
Madrigal Pharmaceuticals
MDGL
$10.8B
| $10.8M | 0.01% |
92,291
+88,386
| +2,263% | +$10.9M |
|
1277
Vale
VALE
$64.1B
| $10.8M | 0.01% |
846,712
-5,202,777
| -86% | -$68.5M |
|
1278
Newmark Group
NMRK
$2.66B
| $10.8M | 0.01% |
708,445
+513,674
| +264% | +$7.95M |
|
|
ISCA
1279
DELISTED
International Speedway Corp
ISCA
| $10.7M | 0.01% |
243,685
+140,449
| +136% | +$6.11M |
|
|
BFYT
1280
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $10.7M | 0.01% |
369,959
+29,231
| +9% | +$820K |
|
1281
Regal Rexnord
RRX
$13.7B
| $10.7M | 0.01% |
145,570
-187,159
| -56% | -$14.1M |
|
1282
Becton Dickinson
BDX
$45.6B
| $10.6M | 0.01% |
50,363
-232,440
| -82% | -$50.9M |
|
|
CRCM
1283
DELISTED
CARE.COM, INC.
CRCM
| $10.6M | 0.01% |
653,228
+127,147
| +24% | +$2.33M |
|
1284
Neurocrine Biosciences
NBIX
$16.8B
| $10.6M | 0.01% |
127,915
-406,651
| -76% | -$34.3M |
|
1285
Bio-Techne
TECH
$11.2B
| $10.6M | 0.01% |
280,212
+5,824
| +2% | +$206K |
|
|
SUM
1286
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $10.6M | 0.01% |
354,684
+336,590
| +1,860% | +$10.4M |
|
1287
EPAM Systems
EPAM
$5.51B
| $10.5M | 0.01% |
+91,826
| New | +$10.5M |
|
|
CBD
1288
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $10.5M | 0.01% |
520,022
+493,379
| +1,852% | +$10.7M |
|
|
CSRA
1289
DELISTED
CSRA Inc.
CSRA
| $10.5M | 0.01% |
254,541
+239,900
| +1,639% | +$8.8M |
|
|
ATSG
1290
DELISTED
Air Transport Services Group
ATSG
| $10.5M | 0.01% |
449,870
+337,224
| +299% | +$8.27M |
|
1291
PPG Industries
PPG
$24.6B
| $10.5M | 0.01% |
93,982
-394,162
| -81% | -$45.5M |
|
1292
Americold
COLD
$4.02B
| $10.4M | 0.01% |
+546,449
| New | +$9.88M |
|
1293
Enel Chile
ENIC
$6.14B
| $10.4M | 0.01% |
1,626,587
+229,426
| +16% | +$1.42M |
|
1294
AutoNation
AN
$7.11B
| $10.4M | 0.01% |
221,663
+163,429
| +281% | +$8.74M |
|
|
MDRX
1295
DELISTED
Veradigm Inc. Common Stock
MDRX
| $10.4M | 0.01% |
838,793
-719,985
| -46% | -$10.2M |
|
1296
CALL
Keurig Dr Pepper
KDP
$42.3B
| $10.4M | 0.01% |
+87,500
| New | +$9.7M |
|
|
VRE
1297
DELISTED
Veris Residential
VRE
| $10.4M | 0.01% |
619,615
+347,461
| +128% | +$6.56M |
|
|
TARO
1298
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $10.4M | 0.01% |
104,861
+2,787
| +3% | +$282K |
|
|
GNBC
1299
DELISTED
Green Bancorp, Inc
GNBC
| $10.3M | 0.01% |
465,071
+4,624
| +1% | +$105K |
|
|
GG
1300
DELISTED
Goldcorp Inc
GG
| $10.3M | 0.01% |
748,036
-37,860
| -5% | -$512K |
|
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.