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 | |
|---|---|---|---|---|---|---|
1326
MasterCraft Boat Holdings
MCFT
$579M
| $9.9M | 0.01% |
393,045
+256,038
| +187% | +$6.18M |
|
1327
Corcept Therapeutics
CORT
$12.4B
| $9.89M | 0.01% |
601,408
-576,810
| -49% | -$10.7M |
|
|
CNCE
1328
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $9.89M | 0.01% |
431,883
-294,002
| -41% | -$6.54M |
|
1329
PUT
iShares US Home Construction ETF
ITB
$2.26B
| $9.87M | 0.01% |
+250,000
| New | +$10.4M |
|
|
KRA
1330
DELISTED
Kraton Corporation
KRA
| $9.87M | 0.01% |
206,907
+148,617
| +255% | +$7.19M |
|
1331
Peapack-Gladstone Financial
PGC
$815M
| $9.87M | 0.01% |
295,621
+58,513
| +25% | +$2.04M |
|
1332
Unifirst Corp
UNF
$5.3B
| $9.87M | 0.01% |
61,033
+22,373
| +58% | +$3.59M |
|
1333
SolarEdge
SEDG
$2.51B
| $9.84M | 0.01% |
187,053
-155,826
| -45% | -$6.83M |
|
1334
CNO Financial Group
CNO
$5.14B
| $9.82M | 0.01% |
453,264
+52,740
| +13% | +$1.24M |
|
|
ESL
1335
DELISTED
Esterline Technologies
ESL
| $9.82M | 0.01% |
134,255
-71,754
| -35% | -$5.34M |
|
1336
Vishay Precision Group
VPG
$1.22B
| $9.82M | 0.01% |
315,212
-7,730
| -2% | -$220K |
|
1337
Phibro Animal Health
PAHC
$1.47B
| $9.81M | 0.01% |
247,198
-172,800
| -41% | -$6.4M |
|
1338
Kura Oncology
KURA
$800M
| $9.79M | 0.01% |
522,211
+218,306
| +72% | +$4.25M |
|
|
AEL
1339
DELISTED
American Equity Investment Life Holding Company
AEL
| $9.79M | 0.01% |
333,400
-271,885
| -45% | -$8.7M |
|
|
STEL
1340
DELISTED
Stellar Bancorp
STEL
| $9.78M | 0.01% |
332,290
+181,302
| +120% | +$5.22M |
|
1341
BancFirst
BANF
$3.79B
| $9.75M | 0.01% |
+183,644
| New | +$10M |
|
1342
Chesapeake Utilities
CPK
$3.19B
| $9.74M | 0.01% |
138,449
+78,623
| +131% | +$5.6M |
|
|
ESPR
1343
DELISTED
Esperion Therapeutics
ESPR
| $9.73M | 0.01% |
134,503
-253,444
| -65% | -$18.6M |
|
1344
Enpro
NPO
$6.63B
| $9.69M | 0.01% |
125,245
-240,504
| -66% | -$19.8M |
|
|
ADVM
1345
DELISTED
Adverum Biotechnologies
ADVM
| $9.68M | 0.01% |
166,830
+142,688
| +591% | +$8.88M |
|
1346
Zumiez
ZUMZ
$332M
| $9.67M | 0.01% |
404,602
+352,562
| +677% | +$7.53M |
|
1347
Cemex
CX
$17.1B
| $9.67M | 0.01% |
1,460,539
-2,949,091
| -67% | -$22.1M |
|
1348
Group 1 Automotive
GPI
$3.42B
| $9.62M | 0.01% |
147,226
-165,473
| -53% | -$12.2M |
|
1349
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $9.62M | 0.01% |
118,131
-173,477
| -59% | -$14.8M |
|
1350
Gibraltar Industries
ROCK
$1.25B
| $9.61M | 0.01% |
283,956
-184,908
| -39% | -$6.42M |
|
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.