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 | |
|---|---|---|---|---|---|---|
1726
CALL
Boyd Gaming
BYD
$6.18B
| $5.54M | 0.01% |
+174,000
| New | +$6.22M |
|
1727
TG Therapeutics
TGTX
$7.96B
| $5.54M | 0.01% |
+389,990
| New | +$4.98M |
|
1728
IPG Photonics
IPGP
$3.61B
| $5.53M | 0.01% |
23,699
+7,869
| +50% | +$1.94M |
|
|
RTEC
1729
DELISTED
Rudolph Technologies Inc
RTEC
| $5.53M | 0.01% |
199,625
-8,886
| -4% | -$239K |
|
1730
Zscaler
ZS
$24.5B
| $5.51M | 0.01% |
+196,429
| New | +$5.75M |
|
|
JNCE
1731
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $5.5M | 0.01% |
245,896
-125
| -0.1% | -$2.77K |
|
|
HOLI
1732
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $5.49M | 0.01% |
222,237
-61,885
| -22% | -$1.57M |
|
|
SNR
1733
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $5.47M | 0.01% |
668,785
+568,810
| +569% | +$4.35M |
|
1734
Globant
GLOB
$1.58B
| $5.47M | 0.01% |
106,129
-443,504
| -81% | -$21.7M |
|
|
TVPT
1735
DELISTED
Travelport Worldwide Limited
TVPT
| $5.46M | 0.01% |
334,344
-1,919,189
| -85% | -$26.6M |
|
1736
Laureate Education
LAUR
$5.28B
| $5.46M | 0.01% |
397,145
+124,951
| +46% | +$1.76M |
|
1737
Victory Capital Holdings
VCTR
$6.19B
| $5.46M | 0.01% |
+444,008
| New | +$5.58M |
|
1738
AppFolio
APPF
$6.38B
| $5.46M | 0.01% |
133,649
-245,326
| -65% | -$10.2M |
|
1739
Invesco CurrencyShares British Pound Sterling Trust
FXB
$77.8M
| $5.46M | 0.01% |
40,039
+3,873
| +11% | +$524K |
|
1740
Dick's Sporting Goods
DKS
$17.5B
| $5.46M | 0.01% |
155,657
-1,167,715
| -88% | -$38.1M |
|
1741
Magna International
MGA
$18.7B
| $5.45M | 0.01% |
96,724
+77,913
| +414% | +$4.35M |
|
1742
CALL
American International
AIG
$41.7B
| $5.44M | 0.01% |
+100,000
| New | +$5.91M |
|
1743
Pentair
PNR
$10.4B
| $5.44M | 0.01% |
118,842
-69,533
| -37% | -$3.31M |
|
1744
Ternium
TX
$9.67B
| $5.43M | 0.01% |
167,202
-274,816
| -62% | -$9.3M |
|
|
SREV
1745
DELISTED
ServiceSource International, Inc.
SREV
| $5.43M | 0.01% |
1,424,607
+1,335,408
| +1,497% | +$4.78M |
|
|
COWN
1746
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $5.42M | 0.01% |
410,960
+77,088
| +23% | +$1.05M |
|
|
ARMO
1747
DELISTED
ARMO BioSciences, Inc. Common Stock
ARMO
| $5.42M | 0.01% |
+144,821
| New | +$6.09M |
|
|
GLOG
1748
DELISTED
GASLOG LTD
GLOG
| $5.41M | 0.01% |
+328,718
| New | +$6.22M |
|
1749
PUT
Morgan Stanley
MS
$331B
| $5.4M | 0.01% |
+100,000
| New | +$5.54M |
|
1750
NovoCure
NVCR
$1.73B
| $5.39M | 0.01% |
247,424
-237,145
| -49% | -$5.1M |
|
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.