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 | |
|---|---|---|---|---|---|---|
2176
Movado Group
MOV
$849M
| $2.46M | ﹤0.01% |
64,139
-55,163
| -46% | -$1.76M |
|
2177
iShares National Muni Bond ETF
MUB
$45.1B
| $2.46M | ﹤0.01% |
22,592
-32,963
| -59% | -$3.6M |
|
2178
SLR Investment Corp
SLRC
$686M
| $2.45M | ﹤0.01% |
120,744
-223,936
| -65% | -$4.61M |
|
2179
Planet Fitness
PLNT
$4.42B
| $2.45M | ﹤0.01% |
64,845
+25,350
| +64% | +$888K |
|
2180
Impinj
PI
$4.62B
| $2.44M | ﹤0.01% |
+187,434
| New | +$3.13M |
|
|
GES
2181
DELISTED
Guess Inc
GES
| $2.44M | ﹤0.01% |
117,532
+50,965
| +77% | +$851K |
|
|
VEDL
2182
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $2.43M | ﹤0.01% |
138,354
+118,226
| +587% | +$2.38M |
|
|
JNCE
2183
CALL
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $2.43M | ﹤0.01% |
+108,600
| New | +$2.41M |
|
|
RST
2184
DELISTED
ROSETTA STONE INC
RST
| $2.42M | ﹤0.01% |
184,431
+71,542
| +63% | +$935K |
|
|
BEAT
2185
DELISTED
BioTelemetry, Inc.
BEAT
| $2.42M | ﹤0.01% |
+78,042
| New | +$2.57M |
|
2186
B2Gold
BTG
$5B
| $2.42M | ﹤0.01% |
884,576
+843,988
| +2,079% | +$2.49M |
|
|
GBT
2187
PUT
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $2.42M | ﹤0.01% |
+50,000
| New | +$2.79M |
|
|
SRGA
2188
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $2.41M | ﹤0.01% |
17,494
-2,228
| -11% | -$303K |
|
2189
Arista Networks
ANET
$227B
| $2.41M | ﹤0.01% |
150,832
-1,839,360
| -92% | -$31M |
|
2190
PUT
Medtronic
MDT
$109B
| $2.41M | ﹤0.01% |
30,000
+20,000
| +200% | +$1.65M |
|
2191
Polaris
PII
$3.82B
| $2.41M | ﹤0.01% |
21,013
-261,045
| -93% | -$31.4M |
|
2192
Genco Shipping & Trading
GNK
$1.11B
| $2.4M | ﹤0.01% |
168,402
+154,402
| +1,103% | +$2.15M |
|
2193
Minerals Technologies
MTX
$2.36B
| $2.39M | ﹤0.01% |
35,760
-270,972
| -88% | -$19.4M |
|
2194
Sibanye-Stillwater
SBSW
$6.26B
| $2.38M | ﹤0.01% |
+621,395
| New | +$2.69M |
|
2195
Old Second Bancorp
OSBC
$1.29B
| $2.38M | ﹤0.01% |
171,189
-159,589
| -48% | -$2.27M |
|
2196
iShares MSCI India ETF
INDA
$6.89B
| $2.38M | ﹤0.01% |
69,656
+53,442
| +330% | +$1.9M |
|
2197
MannKind Corp
MNKD
$1.21B
| $2.37M | ﹤0.01% |
1,039,696
+878,432
| +545% | +$2.37M |
|
2198
iShares S&P 500 Growth ETF
IVW
$73.8B
| $2.37M | ﹤0.01% |
61,064
-88,724
| -59% | -$3.54M |
|
|
CARO
2199
DELISTED
Carolina Financial Corp.
CARO
| $2.37M | ﹤0.01% |
+60,201
| New | +$2.38M |
|
|
AYR
2200
DELISTED
Aircastle Ltd
AYR
| $2.37M | ﹤0.01% |
119,079
+45,913
| +63% | +$997K |
|
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.