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 | |
|---|---|---|---|---|---|---|
1526
Fresenius Medical Care
FMS
$13.8B
| $7.51M | 0.01% |
146,984
+65,707
| +81% | +$3.5M |
|
1527
PUT
Bank of America
BAC
$435B
| $7.5M | 0.01% |
+250,000
| New | +$7.85M |
|
1528
Ambarella
AMBA
$3.77B
| $7.49M | 0.01% |
152,934
-308,816
| -67% | -$16M |
|
1529
Financial Institutions
FISI
$816M
| $7.46M | 0.01% |
251,977
-11,454
| -4% | -$360K |
|
1530
CONMED
CNMD
$1.39B
| $7.45M | 0.01% |
117,575
+4,623
| +4% | +$276K |
|
|
UNIT
1531
Uniti Group
UNIT
$2.36B
| $7.45M | 0.01% |
458,165
+414,973
| +961% | +$6.67M |
|
|
MOMO
1532
Hello Group
MOMO
$885M
| $7.44M | 0.01% |
199,066
-576,178
| -74% | -$18.3M |
|
1533
FTI Consulting
FCN
$4.4B
| $7.43M | 0.01% |
153,579
+112,316
| +272% | +$5.07M |
|
|
APTS
1534
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $7.43M | 0.01% |
523,585
+285,026
| +119% | +$4.46M |
|
|
ORBC
1535
DELISTED
ORBCOMM, Inc.
ORBC
| $7.43M | 0.01% |
792,507
+726,191
| +1,095% | +$7.71M |
|
1536
John Wiley & Sons Class A
WLY
$2.65B
| $7.41M | 0.01% |
116,373
+43,809
| +60% | +$2.84M |
|
1537
PUT
Sarepta Therapeutics
SRPT
$1.57B
| $7.41M | 0.01% |
+100,000
| New | +$6.67M |
|
|
SRNE
1538
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $7.39M | 0.01% |
1,434,670
+178,516
| +14% | +$1.27M |
|
|
TRCO
1539
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $7.38M | 0.01% |
182,196
+128,304
| +238% | +$5.41M |
|
1540
Pool Corp
POOL
$6.75B
| $7.38M | 0.01% |
50,470
-36,039
| -42% | -$4.96M |
|
1541
First Financial Bancorp
FFBC
$3.55B
| $7.36M | 0.01% |
250,900
-99,088
| -28% | -$2.79M |
|
1542
Antero Midstream
AM
$10.4B
| $7.36M | 0.01% |
460,487
-494,926
| -52% | -$9.58M |
|
1543
Diageo
DEO
$49B
| $7.34M | 0.01% |
54,171
-19,846
| -27% | -$2.76M |
|
|
AVHI
1544
DELISTED
A V Homes, Inc.
AVHI
| $7.33M | 0.01% |
395,073
-34,669
| -8% | -$611K |
|
|
EQC
1545
DELISTED
Equity Commonwealth
EQC
| $7.32M | 0.01% |
238,494
+230,893
| +3,038% | +$6.86M |
|
1546
Nike
NKE
$61.9B
| $7.31M | 0.01% |
110,050
-18,100
| -14% | -$1.19M |
|
1547
VanEck Semiconductor ETF
SMH
$65.2B
| $7.31M | 0.01% |
140,218
+135,120
| +2,650% | +$7.12M |
|
1548
Enanta Pharmaceuticals
ENTA
$366M
| $7.31M | 0.01% |
90,316
-130,529
| -59% | -$10M |
|
|
SHOE
1549
Shoe Station Group
SHOE
$413M
| $7.3M | 0.01% |
613,310
-577,546
| -48% | -$6.95M |
|
|
NXEO
1550
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $7.28M | 0.01% |
680,343
+133,442
| +24% | +$1.3M |
|
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.