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 | |
|---|---|---|---|---|---|---|
|
ZAGG
1451
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $8.39M | 0.01% |
688,149
-78,819
| -10% | -$1.23M |
|
|
BVH
1452
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $8.39M | 0.01% |
182,285
+140,324
| +334% | +$6.24M |
|
|
IO
1453
DELISTED
ION Geophysical Corporation
IO
| $8.38M | 0.01% |
309,236
+268,342
| +656% | +$6.36M |
|
1454
Ethan Allen Interiors
ETD
$570M
| $8.37M | 0.01% |
364,553
-587,570
| -62% | -$14.8M |
|
|
GNC
1455
DELISTED
GNC Holdings, Inc.
GNC
| $8.37M | 0.01% |
2,167,408
+702,150
| +48% | +$2.92M |
|
1456
Tidewater
TDW
$3.73B
| $8.36M | 0.01% |
292,361
+224,250
| +329% | +$5.98M |
|
1457
Teledyne Technologies
TDY
$30.4B
| $8.32M | 0.01% |
44,458
-68,445
| -61% | -$12.9M |
|
1458
Nordson
NDSN
$16.6B
| $8.29M | 0.01% |
60,782
-108,085
| -64% | -$15.3M |
|
|
CTRL
1459
DELISTED
Control4 Corporation
CTRL
| $8.28M | 0.01% |
385,463
+363,901
| +1,688% | +$9.74M |
|
1460
BlackRock TCP Capital
TCPC
$273M
| $8.26M | 0.01% |
580,564
-226,745
| -28% | -$3.33M |
|
|
OA
1461
DELISTED
Orbital ATK, Inc.
OA
| $8.24M | 0.01% |
62,108
+56,284
| +966% | +$7.43M |
|
|
TOWR
1462
DELISTED
Tower International, Inc.
TOWR
| $8.23M | 0.01% |
296,525
+67,751
| +30% | +$1.95M |
|
1463
CALL
Delta Air Lines
DAL
$57.5B
| $8.22M | 0.01% |
+150,000
| New | +$8.27M |
|
1464
ProShares Ultra Silver
AGQ
$1.13B
| $8.21M | 0.01% |
264,096
-56,801
| -18% | -$1.87M |
|
|
TLND
1465
DELISTED
Talend S.A. American Depositary Shares
TLND
| $8.21M | 0.01% |
170,595
-105,915
| -38% | -$4.51M |
|
1466
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $8.2M | 0.01% |
250,598
-325,660
| -57% | -$10.9M |
|
|
ORAN
1467
DELISTED
Orange
ORAN
| $8.2M | 0.01% |
479,778
+422,072
| +731% | +$7.33M |
|
|
SJI
1468
DELISTED
South Jersey Industries, Inc.
SJI
| $8.19M | 0.01% |
290,899
-18,951
| -6% | -$533K |
|
|
CIO
1469
DELISTED
City Office REIT
CIO
| $8.19M | 0.01% |
708,233
+26,405
| +4% | +$301K |
|
|
RFP
1470
DELISTED
Resolute Forest Products Inc.
RFP
| $8.17M | 0.01% |
984,010
+439,383
| +81% | +$4.1M |
|
1471
PNC Financial Services
PNC
$99.7B
| $8.15M | 0.01% |
53,884
-238,359
| -82% | -$37M |
|
1472
Methanex
MEOH
$4.3B
| $8.15M | 0.01% |
134,345
+112,719
| +521% | +$6.61M |
|
1473
Sabra Healthcare REIT
SBRA
$5.34B
| $8.14M | 0.01% |
461,048
-1,328,887
| -74% | -$23.4M |
|
1474
Five Below
FIVE
$12B
| $8.11M | 0.01% |
110,621
-683,135
| -86% | -$46M |
|
1475
Edgewell Personal Care
EPC
$1.25B
| $8.11M | 0.01% |
166,083
-211,256
| -56% | -$11.4M |
|
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.