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 | |
|---|---|---|---|---|---|---|
1901
Walmart Inc
WMT
$885B
| $4.21M | 0.01% |
141,876
-2,025,117
| -93% | -$65.1M |
|
|
PDM
1902
Piedmont Realty Trust
PDM
$1.21B
| $4.2M | 0.01% |
238,767
-848,369
| -78% | -$15.7M |
|
|
TTSH
1903
DELISTED
Tile Shop Holdings
TTSH
| $4.2M | 0.01% |
699,496
-829,856
| -54% | -$6.43M |
|
|
XHR
1904
Xenia Hotels & Resorts
XHR
$1.9B
| $4.18M | 0.01% |
212,078
+116,841
| +123% | +$2.42M |
|
1905
Senseonics Holdings Inc
SENS
$263M
| $4.16M | 0.01% |
69,378
+21,018
| +43% | +$1.21M |
|
1906
Alpha and Omega Semiconductor
AOSL
$950M
| $4.14M | 0.01% |
268,172
+21,309
| +9% | +$345K |
|
|
NBRV
1907
DELISTED
Nabriva Therapeutics plc Ordinary Shares Ireland
NBRV
| $4.14M | 0.01% |
3,292
-178
| -5% | -$263K |
|
1908
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $4.13M | 0.01% |
85,648
-559,852
| -87% | -$27.4M |
|
|
TELL
1909
DELISTED
Tellurian Inc.
TELL
| $4.13M | 0.01% |
573,138
+163,829
| +40% | +$1.57M |
|
|
QHC
1910
DELISTED
Quorum Health Corporation
QHC
| $4.13M | 0.01% |
504,552
+206,942
| +70% | +$1.36M |
|
|
FG
1911
DELISTED
FGL Holdings Ordinary Shares
FG
| $4.12M | 0.01% |
405,999
+234,395
| +137% | +$2.3M |
|
1912
iShares Core US Aggregate Bond ETF
AGG
$137B
| $4.12M | 0.01% |
38,392
-31,375
| -45% | -$3.37M |
|
1913
United Microelectronic
UMC
$47.7B
| $4.12M | 0.01% |
1,589,339
+1,253,697
| +374% | +$3.11M |
|
1914
Transocean
RIG
$5.89B
| $4.11M | 0.01% |
414,696
-2,214,069
| -84% | -$22.8M |
|
1915
Virtus Investment Partners
VRTS
$1.06B
| $4.1M | 0.01% |
33,082
-51,628
| -61% | -$6.53M |
|
1916
SITE Centers
SITC
$225M
| $4.09M | 0.01% |
433,034
-1,808,512
| -81% | -$18.2M |
|
1917
MidCap Financial Investment
MFIC
$787M
| $4.09M | 0.01% |
261,057
-440,701
| -63% | -$7.32M |
|
|
BOJA
1918
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $4.07M | 0.01% |
+293,923
| New | +$3.78M |
|
1919
Roku
ROKU
$21.5B
| $4.06M | 0.01% |
130,637
+125,454
| +2,420% | +$5.16M |
|
|
SUP
1920
DELISTED
Superior Industries International
SUP
| $4.06M | 0.01% |
305,396
+49,581
| +19% | +$778K |
|
1921
Vanguard Information Technology ETF
VGT
$139B
| $4.06M | 0.01% |
189,992
+128,120
| +207% | +$2.8M |
|
|
OMN
1922
DELISTED
OMNOVA Solutions Inc.
OMN
| $4.06M | 0.01% |
386,351
-361,545
| -48% | -$3.78M |
|
|
ZVO
1923
DELISTED
Zovio Inc. Common Stock
ZVO
| $4.05M | 0.01% |
601,222
-198,187
| -25% | -$1.47M |
|
1924
Bridgewater Bancshares
BWB
$571M
| $4.05M | 0.01% |
+309,550
| New | +$3.99M |
|
1925
Wingstop
WING
$3.53B
| $4.04M | 0.01% |
+85,465
| New | +$3.92M |
|
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.