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 | |
|---|---|---|---|---|---|---|
|
ASRT
1576
DELISTED
Assertio
ASRT
| $7.02M | 0.01% |
17,765
-13,979
| -44% | -$6.12M |
|
|
CAI
1577
DELISTED
CAI International, Inc.
CAI
| $7.01M | 0.01% |
329,935
-127,213
| -28% | -$3.16M |
|
1578
Corvus Pharmaceuticals
CRVS
$1.12B
| $6.98M | 0.01% |
605,303
+546,286
| +926% | +$5.17M |
|
|
RRD
1579
DELISTED
RR Donnelley & Sons Co.
RRD
| $6.98M | 0.01% |
799,078
+588,656
| +280% | +$4.87M |
|
1580
Performance Food Group
PFGC
$18B
| $6.96M | 0.01% |
233,059
-1,122,133
| -83% | -$36M |
|
1581
CRA International
CRAI
$1.16B
| $6.96M | 0.01% |
133,017
-24,147
| -15% | -$1.17M |
|
1582
CALL
International Paper
IP
$21.6B
| $6.95M | 0.01% |
+137,280
| New | +$7.63M |
|
1583
NMI Holdings
NMIH
$3.33B
| $6.95M | 0.01% |
419,719
+308,530
| +277% | +$5.75M |
|
|
LFIN
1584
DELISTED
LongFin Corp Class A Common Stock
LFIN
| $6.92M | 0.01% |
400,752
+323,329
| +418% | +$13.6M |
|
|
PFC
1585
DELISTED
Premier Financial Corp. Common Stock
PFC
| $6.92M | 0.01% |
241,260
-20,180
| -8% | -$555K |
|
1586
EnerSys
ENS
$6.78B
| $6.91M | 0.01% |
99,580
+70,681
| +245% | +$5.03M |
|
1587
Opko Health
OPK
$985M
| $6.91M | 0.01% |
2,178,877
+1,565,216
| +255% | +$6.3M |
|
1588
Regenxbio
RGNX
$620M
| $6.89M | 0.01% |
230,837
+134,479
| +140% | +$3.91M |
|
|
MSFG
1589
DELISTED
MainSource Financial Group Inc
MSFG
| $6.89M | 0.01% |
+169,418
| New | +$6.6M |
|
1590
Telefônica Brasil
VIV
$20.6B
| $6.84M | 0.01% |
445,115
-1,841,169
| -81% | -$29.2M |
|
|
BRSP
1591
BrightSpire Capital
BRSP
$634M
| $6.83M | 0.01% |
+360,635
| New | +$7.08M |
|
1592
Stoneridge
SRI
$195M
| $6.81M | 0.01% |
246,708
+118,463
| +92% | +$2.89M |
|
1593
CALL
FirstEnergy
FE
$28B
| $6.8M | 0.01% |
+200,000
| New | +$6.42M |
|
|
TAHO
1594
DELISTED
Tahoe Resources Inc
TAHO
| $6.8M | 0.01% |
+1,449,290
| New | +$6.61M |
|
|
FITB
1595
Fifth Third Bancorp
FITB
$51.2B
| $6.79M | 0.01% |
213,935
-1,470,694
| -87% | -$48M |
|
|
WBT
1596
DELISTED
Welbilt, Inc.
WBT
| $6.79M | 0.01% |
348,972
+53,209
| +18% | +$1.14M |
|
|
FOE
1597
DELISTED
Ferro Corporation
FOE
| $6.78M | 0.01% |
292,134
-80,940
| -22% | -$1.88M |
|
1598
Graco
GGG
$12.9B
| $6.78M | 0.01% |
148,232
-351,253
| -70% | -$16M |
|
1599
Hercules Capital
HTGC
$3.07B
| $6.76M | 0.01% |
558,992
-296,047
| -35% | -$3.71M |
|
1600
PUT
Citigroup
C
$222B
| $6.75M | 0.01% |
+100,000
| New | +$7.52M |
|
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.