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 | |
|---|---|---|---|---|---|---|
2251
Ardelyx
ARDX
$1.22B
| $2.14M | ﹤0.01% |
424,511
+165,357
| +64% | +$1.03M |
|
2252
State Street SPDR S&P Metals & Mining ETF
XME
$3.87B
| $2.14M | ﹤0.01% |
62,943
-8,867
| -12% | -$327K |
|
2253
PUT
UnitedHealth
UNH
$376B
| $2.14M | ﹤0.01% |
10,000
-20,000
| -67% | -$4.57M |
|
2254
PUT
iShares Biotechnology ETF
IBB
$9.34B
| $2.13M | ﹤0.01% |
+20,000
| New | +$2.22M |
|
2255
Univest Financial
UVSP
$1.22B
| $2.13M | ﹤0.01% |
+77,056
| New | +$2.16M |
|
2256
Comstock Resources
CRK
$3.89B
| $2.13M | ﹤0.01% |
+291,321
| New | +$2.35M |
|
2257
Universal Corp
UVV
$1.31B
| $2.13M | ﹤0.01% |
43,892
+32,940
| +301% | +$1.63M |
|
|
SYRS
2258
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $2.13M | ﹤0.01% |
+16,377
| New | +$1.79M |
|
|
CEO
2259
DELISTED
CNOOC Limited
CEO
| $2.12M | ﹤0.01% |
14,363
-67,013
| -82% | -$10.1M |
|
|
BCOV
2260
DELISTED
Brightcove, Inc.
BCOV
| $2.12M | ﹤0.01% |
305,383
-280,462
| -48% | -$1.95M |
|
|
NAGE
2261
Niagen Bioscience
NAGE
$271M
| $2.12M | ﹤0.01% |
504,525
-38,469
| -7% | -$201K |
|
|
STG
2262
Sunlands Technology
STG
$44.1M
| $2.12M | ﹤0.01% |
+20,405
| New | +$2.58M |
|
2263
Clean Energy Fuels
CLNE
$427M
| $2.12M | ﹤0.01% |
1,282,388
+277,147
| +28% | +$455K |
|
|
TBRG
2264
DELISTED
TruBridge
TBRG
| $2.11M | ﹤0.01% |
72,272
-233,069
| -76% | -$6.97M |
|
|
QTNA
2265
DELISTED
Quantenna Communications, Inc. Common Stock
QTNA
| $2.11M | ﹤0.01% |
+153,751
| New | +$2.14M |
|
2266
Vanguard Morningstar Value ETF
VTV
$188B
| $2.1M | ﹤0.01% |
20,374
-41,637
| -67% | -$4.47M |
|
2267
Williams-Sonoma
WSM
$26.9B
| $2.1M | ﹤0.01% |
+79,634
| New | +$2.11M |
|
|
HSTO
2268
DELISTED
Histogen Inc. Common Stock
HSTO
| $2.1M | ﹤0.01% |
1,788
-102
| -5% | -$113K |
|
2269
CGI
GIB
$15.1B
| $2.09M | ﹤0.01% |
36,261
-1,105
| -3% | -$62.7K |
|
2270
CALL
Prothena Corp
PRTA
$425M
| $2.08M | ﹤0.01% |
+69,900
| New | +$2.54M |
|
2271
Lennar Class B
LEN.B
$19.4B
| $2.08M | ﹤0.01% |
45,883
-3,642
| -7% | -$173K |
|
|
GBT
2272
CALL
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $2.08M | ﹤0.01% |
+43,000
| New | +$2.4M |
|
|
CYOU
2273
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $2.08M | ﹤0.01% |
74,382
-57,890
| -44% | -$1.78M |
|
2274
American Public Education
APEI
$890M
| $2.07M | ﹤0.01% |
48,180
+31,420
| +187% | +$964K |
|
|
CORE
2275
DELISTED
Core Mark Holding Co., Inc.
CORE
| $2.07M | ﹤0.01% |
97,461
+72,629
| +292% | +$1.64M |
|
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.