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 | |
|---|---|---|---|---|---|---|
1676
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $6.04M | 0.01% |
119,272
-1,550
| -1% | -$80.8K |
|
1677
Moog Inc Class A
MOG.A
$12.4B
| $6.03M | 0.01% |
73,142
+63,859
| +688% | +$5.51M |
|
1678
Option Care Health
OPCH
$3.45B
| $5.97M | 0.01% |
606,446
+466,854
| +334% | +$5.4M |
|
1679
Mitsubishi UFJ Financial
MUFG
$253B
| $5.96M | 0.01% |
897,508
+402,002
| +81% | +$2.93M |
|
1680
Columbus McKinnon
CMCO
$553M
| $5.95M | 0.01% |
166,075
-92,550
| -36% | -$3.55M |
|
|
PETX
1681
DELISTED
Aratana Therapeutics, Inc.
PETX
| $5.95M | 0.01% |
1,347,975
+726,903
| +117% | +$3.24M |
|
1682
Vanguard Morningstar Total Stock Market ETF
VTI
$660B
| $5.94M | 0.01% |
43,742
-31,566
| -42% | -$4.43M |
|
1683
CALL
Bunge Global
BG
$20.4B
| $5.92M | 0.01% |
80,000
-89,900
| -53% | -$6.79M |
|
1684
Stride
LRN
$3.41B
| $5.91M | 0.01% |
417,028
+397,465
| +2,032% | +$6.22M |
|
1685
NVR
NVR
$16.5B
| $5.91M | 0.01% |
2,110
+41
| +2% | +$130K |
|
|
ZNGA
1686
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $5.91M | 0.01% |
1,613,878
-6,739,416
| -81% | -$24.9M |
|
|
BPMC
1687
DELISTED
Blueprint Medicines
BPMC
| $5.91M | 0.01% |
+64,410
| New | +$5.55M |
|
1688
FB Financial Corp
FBK
$3.02B
| $5.9M | 0.01% |
+145,440
| New | +$6.08M |
|
|
KANG
1689
DELISTED
iKang Healthcare Group, Inc.
KANG
| $5.9M | 0.01% |
295,818
+33,918
| +13% | +$570K |
|
1690
Arrowhead Research
ARWR
$11.9B
| $5.89M | 0.01% |
817,317
-199,110
| -20% | -$1.23M |
|
1691
LG Display
LPL
$3B
| $5.89M | 0.01% |
486,958
-466,663
| -49% | -$6.45M |
|
1692
Valmont Industries
VMI
$9.3B
| $5.89M | 0.01% |
40,250
+3,770
| +10% | +$589K |
|
|
ACH
1693
Accendra Health
ACH
$237M
| $5.88M | 0.01% |
+378,401
| New | +$6.75M |
|
1694
Matsons
MATX
$6.13B
| $5.87M | 0.01% |
204,834
-499,549
| -71% | -$15.6M |
|
1695
CALL
NXP Semiconductors
NXPI
$57.8B
| $5.85M | 0.01% |
50,000
-201,000
| -80% | -$24.3M |
|
1696
AdvanSix
ASIX
$541M
| $5.84M | 0.01% |
167,968
+55,265
| +49% | +$2.18M |
|
|
CARB
1697
DELISTED
Carbonite Inc
CARB
| $5.83M | 0.01% |
+202,246
| New | +$5.42M |
|
1698
AMN Healthcare
AMN
$1.3B
| $5.81M | 0.01% |
102,399
-72,416
| -41% | -$3.94M |
|
1699
CALL
Ryman Hospitality Properties
RHP
$8.43B
| $5.81M | 0.01% |
+75,000
| New | +$5.48M |
|
1700
CALL
Antero Resources
AR
$11.1B
| $5.81M | 0.01% |
292,500
| – | – |
|
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.