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 | |
|---|---|---|---|---|---|---|
1701
iShares Core S&P Small-Cap ETF
IJR
$109B
| $5.8M | 0.01% |
75,316
+58,445
| +346% | +$4.55M |
|
1702
CALL
Penumbra
PEN
$12.7B
| $5.78M | 0.01% |
+50,000
| New | +$5.16M |
|
|
VNET
1703
VNET Group
VNET
$2.04B
| $5.77M | 0.01% |
832,763
+227,158
| +38% | +$1.87M |
|
1704
Stock Yards Bancorp
SYBT
$2.64B
| $5.76M | 0.01% |
164,061
+124,837
| +318% | +$4.55M |
|
|
INVX
1705
Innovex International
INVX
$1.96B
| $5.75M | 0.01% |
+128,415
| New | +$6.28M |
|
1706
Bank of Marin Bancorp
BMRC
$472M
| $5.72M | 0.01% |
165,824
+11,900
| +8% | +$413K |
|
1707
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$3.87B
| $5.71M | 0.01% |
+167,900
| New | +$6.18M |
|
|
NSA
1708
DELISTED
National Storage Affiliates Trust
NSA
| $5.71M | 0.01% |
227,671
-432,912
| -66% | -$10.9M |
|
1709
SK Telecom
SKM
$12.1B
| $5.66M | 0.01% |
142,192
+64,457
| +83% | +$2.73M |
|
1710
Innoviva
INVA
$1.55B
| $5.65M | 0.01% |
339,010
+278,287
| +458% | +$4.3M |
|
|
HMHC
1711
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $5.65M | 0.01% |
812,929
-580,803
| -42% | -$4.59M |
|
1712
Aldeyra Therapeutics
ALDX
$92.9M
| $5.65M | 0.01% |
753,143
+37,464
| +5% | +$284K |
|
|
LSI
1713
DELISTED
Life Storage, Inc.
LSI
| $5.65M | 0.01% |
101,409
+43,665
| +76% | +$2.39M |
|
1714
Piper Sandler
PIPR
$5.12B
| $5.63M | 0.01% |
271,184
-316,692
| -54% | -$7M |
|
|
PVG
1715
DELISTED
PRETIUM RESOURCES INC.
PVG
| $5.62M | 0.01% |
843,586
+446,546
| +112% | +$3.52M |
|
|
OSB
1716
DELISTED
Norbord Inc.
OSB
| $5.62M | 0.01% |
154,593
-96,365
| -38% | -$3.44M |
|
1717
Minerva Neurosciences
NERV
$185M
| $5.59M | 0.01% |
111,797
+87,152
| +354% | +$4.19M |
|
1718
LivePerson
LPSN
$21.8M
| $5.59M | 0.01% |
22,790
-31,924
| -58% | -$6.39M |
|
1719
Service Corp International
SCI
$11.7B
| $5.59M | 0.01% |
148,061
+56,753
| +62% | +$2.18M |
|
|
BREW
1720
DELISTED
Craft Brew Alliance, Inc.
BREW
| $5.58M | 0.01% |
300,268
-58,073
| -16% | -$1.1M |
|
1721
Five Point Holdings
FPH
$373M
| $5.57M | 0.01% |
390,824
+184,554
| +89% | +$2.59M |
|
|
ALXN
1722
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $5.57M | 0.01% |
+50,000
| New | +$5.98M |
|
1723
Equinor
EQNR
$97.7B
| $5.56M | 0.01% |
235,007
-1,085,703
| -82% | -$24.9M |
|
|
HIVE
1724
DELISTED
Aerohive Networks
HIVE
| $5.56M | 0.01% |
1,375,293
-685,028
| -33% | -$3.08M |
|
|
RDFN
1725
DELISTED
Redfin
RDFN
| $5.55M | 0.01% |
+243,057
| New | +$5.6M |
|
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.