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 | |
|---|---|---|---|---|---|---|
1301
Cirrus Logic
CRUS
$6.53B
| $10.3M | 0.01% |
253,974
+131,223
| +107% | +$6.09M |
|
|
LTM
1302
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $10.3M | 0.01% |
670,405
+440,816
| +192% | +$7.02M |
|
1303
MiMedx Group
MDXG
$602M
| $10.3M | 0.01% |
1,480,159
-713,748
| -33% | -$8.31M |
|
1304
Editas Medicine
EDIT
$396M
| $10.3M | 0.01% |
310,109
-112,648
| -27% | -$4.01M |
|
|
BXG
1305
DELISTED
Bluegreen Vacations Corporation Common Stock
BXG
| $10.3M | 0.01% |
485,446
-312,443
| -39% | -$5.99M |
|
|
ACBI
1306
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $10.3M | 0.01% |
566,838
+251,861
| +80% | +$4.45M |
|
1307
United Airlines
UAL
$39.4B
| $10.2M | 0.01% |
147,469
+19,480
| +15% | +$1.35M |
|
|
RAVN
1308
DELISTED
Raven Industries Inc
RAVN
| $10.2M | 0.01% |
290,602
+2,293
| +0.8% | +$81.9K |
|
|
WNS
1309
DELISTED
WNS Holdings
WNS
| $10.2M | 0.01% |
224,258
-395,153
| -64% | -$17.3M |
|
1310
PUT
Steris
STE
$22.3B
| $10.1M | 0.01% |
+108,700
| New | +$9.88M |
|
1311
Broadridge
BR
$17.8B
| $10.1M | 0.01% |
+92,020
| New | +$9.14M |
|
1312
ADT
ADT
$5.58B
| $10.1M | 0.01% |
+1,270,738
| New | +$13.9M |
|
1313
Webster Financial
WBS
$12.5B
| $10.1M | 0.01% |
181,480
-239,327
| -57% | -$13.5M |
|
|
CS
1314
DELISTED
Credit Suisse Group
CS
| $10M | 0.01% |
598,495
-538,962
| -47% | -$9.88M |
|
1315
Goodyear
GT
$2B
| $10M | 0.01% |
376,825
+264,134
| +234% | +$8.17M |
|
|
UMH
1316
UMH Properties
UMH
$1.29B
| $10M | 0.01% |
746,146
-100,557
| -12% | -$1.31M |
|
1317
1st Source
SRCE
$2.16B
| $10M | 0.01% |
197,634
-6,570
| -3% | -$337K |
|
|
CHUY
1318
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $10M | 0.01% |
381,850
-173,096
| -31% | -$4.61M |
|
|
CVA
1319
DELISTED
Covanta Holding Corporation
CVA
| $9.99M | 0.01% |
688,813
+650,789
| +1,712% | +$10.3M |
|
|
FOLD
1320
DELISTED
Amicus Therapeutics
FOLD
| $9.98M | 0.01% |
663,272
-655,301
| -50% | -$9.97M |
|
|
DNKN
1321
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $9.97M | 0.01% |
167,113
-299,710
| -64% | -$18.6M |
|
1322
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $9.96M | 0.01% |
376,154
-995,756
| -73% | -$26.3M |
|
|
FLY
1323
DELISTED
Fly Leasing Limited
FLY
| $9.95M | 0.01% |
747,633
-176,293
| -19% | -$2.29M |
|
1324
Church & Dwight Co
CHD
$23.4B
| $9.93M | 0.01% |
197,190
+146,765
| +291% | +$7.23M |
|
1325
iShares Russell 1000 Value ETF
IWD
$82.2B
| $9.91M | 0.01% |
82,640
+14,866
| +22% | +$1.85M |
|
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.