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 | |
|---|---|---|---|---|---|---|
|
CDTX
2201
DELISTED
Cidara Therapeutics
CDTX
| $2.36M | ﹤0.01% |
29,483
-195
| -0.7% | -$26.6K |
|
|
MTEM
2202
DELISTED
Molecular Templates, Inc.
MTEM
| $2.36M | ﹤0.01% |
19,658
+14,854
| +309% | +$2.24M |
|
2203
Lands' End
LE
$370M
| $2.35M | ﹤0.01% |
+100,574
| New | +$1.86M |
|
2204
PUT
Halliburton
HAL
$26.9B
| $2.35M | ﹤0.01% |
50,000
-250,000
| -83% | -$12.3M |
|
2205
Healthcare Realty
HR
$7.28B
| $2.34M | ﹤0.01% |
+88,631
| New | +$2.36M |
|
2206
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| $2.34M | ﹤0.01% |
49,431
+22,916
| +86% | +$1.09M |
|
|
TBI
2207
Trueblue
TBI
$215M
| $2.34M | ﹤0.01% |
90,418
+70,706
| +359% | +$1.93M |
|
2208
Select Water Solutions
WTTR
$2.3B
| $2.33M | ﹤0.01% |
184,822
-35,694
| -16% | -$585K |
|
|
TGNA
2209
DELISTED
TEGNA Inc
TGNA
| $2.33M | ﹤0.01% |
204,603
+84,791
| +71% | +$1.16M |
|
|
VIAB
2210
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $2.33M | ﹤0.01% |
75,000
-325,000
| -81% | -$10.5M |
|
|
INVX
2211
PUT
Innovex International
INVX
$1.96B
| $2.32M | ﹤0.01% |
+51,800
| New | +$2.53M |
|
|
HSKA
2212
DELISTED
Heska Corp
HSKA
| $2.32M | ﹤0.01% |
29,357
+25,757
| +715% | +$1.89M |
|
2213
Zai Lab
ZLAB
$2.06B
| $2.31M | ﹤0.01% |
108,091
+58,536
| +118% | +$1.33M |
|
2214
Kite Realty
KRG
$5.81B
| $2.31M | ﹤0.01% |
151,360
+100,200
| +196% | +$1.62M |
|
2215
Transportadora de Gas del Sur
TGS
$4.79B
| $2.3M | ﹤0.01% |
117,569
+84,436
| +255% | +$1.76M |
|
2216
Parker-Hannifin
PH
$123B
| $2.3M | ﹤0.01% |
13,423
-583,679
| -98% | -$111M |
|
2217
Hurco Companies Inc
HURC
$135M
| $2.29M | ﹤0.01% |
49,967
+15,266
| +44% | +$683K |
|
2218
First Internet Bancorp
INBK
$257M
| $2.29M | ﹤0.01% |
61,906
+11,686
| +23% | +$445K |
|
2219
Standard BioTools
LAB
$340M
| $2.29M | ﹤0.01% |
391,249
+373,673
| +2,126% | +$2.45M |
|
2220
Zurn Elkay Water Solutions
ZWS
$8.38B
| $2.28M | ﹤0.01% |
159,532
-493,708
| -76% | -$6.77M |
|
|
ATNX
2221
DELISTED
Athenex, Inc. Common Stock
ATNX
| $2.27M | ﹤0.01% |
6,683
+3,483
| +109% | +$1.11M |
|
|
MYOV
2222
DELISTED
Myovant Sciences Ltd.
MYOV
| $2.27M | ﹤0.01% |
106,868
+37,602
| +54% | +$572K |
|
2223
Franco-Nevada
FNV
$41.1B
| $2.27M | ﹤0.01% |
33,186
-6,900
| -17% | -$505K |
|
|
CAVM
2224
DELISTED
Cavium, Inc.
CAVM
| $2.27M | ﹤0.01% |
28,591
-172,626
| -86% | -$15.1M |
|
2225
iShares MSCI Australia ETF
EWA
$1.39B
| $2.26M | ﹤0.01% |
102,616
-31,276
| -23% | -$721K |
|
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.