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 | |
|---|---|---|---|---|---|---|
1651
Seaboard Corp
SEB
$4.23B
| $6.22M | 0.01% |
1,458
-147
| -9% | -$613K |
|
1652
Royal Gold
RGLD
$16.8B
| $6.21M | 0.01% |
+72,354
| New | +$6.1M |
|
1653
Markel Group
MKL
$23.3B
| $6.21M | 0.01% |
5,305
+4,529
| +584% | +$5.1M |
|
|
CNSL
1654
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $6.2M | 0.01% |
565,576
-319,852
| -36% | -$3.84M |
|
|
CEPU
1655
Central Puerto
CEPU
$2.29B
| $6.2M | 0.01% |
+364,568
| New | +$6.3M |
|
|
EXPR
1656
DELISTED
Express, Inc.
EXPR
| $6.19M | 0.01% |
43,232
-45,543
| -51% | -$6.71M |
|
|
MBT
1657
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $6.18M | 0.01% |
542,619
+470,096
| +648% | +$5.48M |
|
|
HEES
1658
DELISTED
H&E Equipment Services
HEES
| $6.17M | 0.01% |
160,272
-23,419
| -13% | -$921K |
|
1659
Vericel Corp
VCEL
$2.35B
| $6.17M | 0.01% |
619,736
+521,141
| +529% | +$4.31M |
|
1660
GameStop
GME
$9.75B
| $6.16M | 0.01% |
1,951,004
+1,448,516
| +288% | +$5.91M |
|
|
CWEN.A
1661
DELISTED
Clearway Energy Class A
CWEN.A
| $6.15M | 0.01% |
373,985
-170,643
| -31% | -$2.95M |
|
|
FPRX
1662
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $6.15M | 0.01% |
357,747
+94,035
| +36% | +$1.83M |
|
1663
Constellium
CSTM
$3.76B
| $6.13M | 0.01% |
565,157
-209,473
| -27% | -$2.56M |
|
1664
Viking Therapeutics
VKTX
$3.7B
| $6.12M | 0.01% |
1,399,370
+696,398
| +99% | +$3.85M |
|
|
PRMW
1665
DELISTED
Primo Water Corporation
PRMW
| $6.09M | 0.01% |
520,342
-371,496
| -42% | -$4.61M |
|
1666
Lumen
LUMN
$6.57B
| $6.09M | 0.01% |
370,740
+205,226
| +124% | +$3.56M |
|
|
SBT
1667
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $6.09M | 0.01% |
450,862
-323,656
| -42% | -$4.35M |
|
|
WIN
1668
DELISTED
Windstream Holdings Inc
WIN
| $6.09M | 0.01% |
863,718
-55,962
| -6% | -$456K |
|
|
BFX
1669
DELISTED
BowFlex Inc.
BFX
| $6.09M | 0.01% |
452,507
+355,709
| +367% | +$4.51M |
|
|
LDL
1670
DELISTED
Lydall, Inc.
LDL
| $6.07M | 0.01% |
125,891
-11,792
| -9% | -$566K |
|
|
NVTR
1671
DELISTED
Nuvectra Corporation Common Stock
NVTR
| $6.07M | 0.01% |
466,175
+244,183
| +110% | +$2.48M |
|
1672
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $6.07M | 0.01% |
+25,123
| New | +$6.31M |
|
|
GLUU
1673
DELISTED
Glu Mobile Inc.
GLUU
| $6.06M | 0.01% |
1,606,758
-723,146
| -31% | -$2.71M |
|
|
FMSA
1674
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $6.05M | 0.01% |
1,424,039
-8,687,987
| -86% | -$43.7M |
|
|
P
1675
DELISTED
Pandora Media Inc
P
| $6.04M | 0.01% |
+1,201,733
| New | +$5.74M |
|
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.