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 | |
|---|---|---|---|---|---|---|
1501
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $7.89M | 0.01% |
23,079
-29,429
| -56% | -$10.2M |
|
|
BITA
1502
DELISTED
Bitauto Holdings Limited
BITA
| $7.87M | 0.01% |
372,151
+355,747
| +2,169% | +$11.1M |
|
1503
Independent Bank Corp
IBCP
$787M
| $7.86M | 0.01% |
343,423
-197,933
| -37% | -$4.62M |
|
|
HF
1504
DELISTED
HFF Inc.
HF
| $7.86M | 0.01% |
158,186
+101,889
| +181% | +$4.88M |
|
1505
Grupo Cibest SA
CIB
$22B
| $7.86M | 0.01% |
+187,015
| New | +$8.15M |
|
|
AFAM
1506
DELISTED
Almost Family Inc
AFAM
| $7.86M | 0.01% |
+140,265
| New | +$8.07M |
|
|
KDMN
1507
DELISTED
Kadmon Holdings, Inc.
KDMN
| $7.85M | 0.01% |
1,847,444
+1,534,371
| +490% | +$6.56M |
|
1508
VEON
VEON
$3.62B
| $7.76M | 0.01% |
117,608
+64,064
| +120% | +$5.37M |
|
1509
Star Bulk Carriers
SBLK
$3.21B
| $7.75M | 0.01% |
666,607
+482,501
| +262% | +$5.73M |
|
1510
TETRA Technologies
TTI
$1.14B
| $7.74M | 0.01% |
2,064,293
-2,096,954
| -50% | -$8.23M |
|
1511
CALL
Dana Inc
DAN
$2.9B
| $7.73M | 0.01% |
+300,000
| New | +$8.87M |
|
1512
News Corp Class A
NWSA
$14.9B
| $7.7M | 0.01% |
487,538
+272,542
| +127% | +$4.48M |
|
1513
Liberty Global Class A
LBTYA
$3.62B
| $7.69M | 0.01% |
245,639
-213,200
| -46% | -$7.37M |
|
|
EVHC
1514
PUT
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $7.69M | 0.01% |
200,000
-112,500
| -36% | -$4.2M |
|
|
ATCO
1515
DELISTED
Atlas Corp.
ATCO
| $7.68M | 0.01% |
1,149,747
+1,087,311
| +1,741% | +$7.38M |
|
1516
Healthpeak Properties
DOC
$15.1B
| $7.67M | 0.01% |
+330,273
| New | +$7.67M |
|
1517
Guidewire Software
GWRE
$12.6B
| $7.65M | 0.01% |
+94,595
| New | +$7.61M |
|
1518
Mueller Water Products
MWA
$3.95B
| $7.63M | 0.01% |
702,258
-895,430
| -56% | -$10.3M |
|
1519
Canadian National Railway
CNI
$76.9B
| $7.61M | 0.01% |
104,054
-207,147
| -67% | -$16M |
|
1520
Artisan Partners
APAM
$2.79B
| $7.61M | 0.01% |
228,368
-283,932
| -55% | -$10.2M |
|
1521
TIM SA
TIMB
$9.16B
| $7.58M | 0.01% |
349,918
-147,175
| -30% | -$3.1M |
|
|
OPB
1522
DELISTED
Opus Bank Common Stock
OPB
| $7.52M | 0.01% |
268,572
-257,699
| -49% | -$7.29M |
|
|
IPXL
1523
DELISTED
Impax Laboratories, Inc.
IPXL
| $7.52M | 0.01% |
386,546
+352,704
| +1,042% | +$6.92M |
|
|
CAMP
1524
DELISTED
CalAmp Corp.
CAMP
| $7.51M | 0.01% |
14,278
-9,923
| -41% | -$5.38M |
|
1525
United Natural Foods
UNFI
$3.08B
| $7.51M | 0.01% |
174,952
+164,514
| +1,576% | +$7.44M |
|
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.