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 | |
|---|---|---|---|---|---|---|
|
AVH
2151
DELISTED
AVIANCA HOLDINGS S.A.
AVH
| $2.63M | ﹤0.01% |
310,940
+216,470
| +229% | +$1.85M |
|
|
TIG
2152
DELISTED
TiGenix American Depositary Shares
TIG
| $2.63M | ﹤0.01% |
61,478
-951
| -2% | -$39.1K |
|
2153
Knowles
KN
$3.13B
| $2.62M | ﹤0.01% |
208,355
+174,073
| +508% | +$2.54M |
|
2154
Lindblad Expeditions
LIND
$1.94B
| $2.6M | ﹤0.01% |
252,634
+149,802
| +146% | +$1.44M |
|
|
LNW
2155
DELISTED
Light & Wonder
LNW
| $2.59M | ﹤0.01% |
62,354
-11,289
| -15% | -$528K |
|
2156
Cardlytics
CDLX
$21.7M
| $2.59M | ﹤0.01% |
+17,690
| New | +$2.99M |
|
2157
Gladstone Investment Corp
GAIN
$643M
| $2.59M | ﹤0.01% |
256,230
+150,774
| +143% | +$1.57M |
|
|
EGOV
2158
DELISTED
NIC Inc
EGOV
| $2.58M | ﹤0.01% |
193,933
+68,550
| +55% | +$1.02M |
|
2159
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $2.57M | ﹤0.01% |
242,772
+122,894
| +103% | +$1.32M |
|
|
TEI
2160
Templeton Emerging Markets Income Fund
TEI
$314M
| $2.57M | ﹤0.01% |
227,363
+200,948
| +761% | +$2.34M |
|
|
ZEAL
2161
DELISTED
Zealand Pharma A/S American Depositary Shares
ZEAL
| $2.57M | ﹤0.01% |
170,844
+139,092
| +438% | +$2.16M |
|
2162
Shore Bancshares
SHBI
$819M
| $2.54M | ﹤0.01% |
134,631
-27,225
| -17% | -$488K |
|
2163
Cohen & Steers
CNS
$4.23B
| $2.53M | ﹤0.01% |
62,238
-6,932
| -10% | -$291K |
|
|
HYPD
2164
Hyperion DeFi Inc
HYPD
$40M
| $2.52M | ﹤0.01% |
+3,398
| New | +$2.47M |
|
|
MINI
2165
DELISTED
Mobile Mini Inc
MINI
| $2.52M | ﹤0.01% |
57,929
+42,784
| +282% | +$1.74M |
|
2166
PUT
FirstEnergy
FE
$28B
| $2.52M | ﹤0.01% |
+74,000
| New | +$2.38M |
|
|
OPTU
2167
Optimum Communications Inc
OPTU
$298M
| $2.51M | ﹤0.01% |
+135,798
| New | +$2.78M |
|
|
IPHS
2168
DELISTED
Innophos Holdings, Inc.
IPHS
| $2.51M | ﹤0.01% |
62,316
-141,858
| -69% | -$6.22M |
|
|
NVO
2169
Novo Nordisk
NVO
$208B
| $2.5M | ﹤0.01% |
101,424
-565,874
| -85% | -$14.9M |
|
2170
Towne Bank
TOWN
$3.46B
| $2.48M | ﹤0.01% |
86,895
+66,672
| +330% | +$2M |
|
|
SFLY
2171
DELISTED
Shutterfly, Inc.
SFLY
| $2.48M | ﹤0.01% |
30,493
-9,364
| -23% | -$653K |
|
2172
Twin Disc
TWIN
$329M
| $2.48M | ﹤0.01% |
113,873
+92,248
| +427% | +$2.4M |
|
2173
Vanguard Morningstar Growth ETF
VUG
$220B
| $2.47M | ﹤0.01% |
104,562
-32,958
| -24% | -$803K |
|
|
VIA
2174
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $2.47M | ﹤0.01% |
+41,677
| New | +$2.22M |
|
2175
MKS Inc
MKSI
$20.1B
| $2.46M | ﹤0.01% |
21,299
-376,645
| -95% | -$41.4M |
|
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.