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 | |
|---|---|---|---|---|---|---|
2526
Larimar Therapeutics
LRMR
$397M
| $1.35M | ﹤0.01% |
15,094
+2,890
| +24% | +$245K |
|
2527
OP Bancorp
OPBK
$235M
| $1.35M | ﹤0.01% |
+108,115
| New | +$1.33M |
|
|
MIXT
2528
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $1.34M | ﹤0.01% |
86,517
+29,827
| +53% | +$406K |
|
2529
Aqua Metals
AQMS
$10.2M
| $1.33M | ﹤0.01% |
2,559
+2,196
| +605% | +$1.01M |
|
2530
iShares Core MSCI Emerging Markets ETF
IEMG
$149B
| $1.32M | ﹤0.01% |
+22,686
| New | +$1.34M |
|
|
AVYA
2531
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $1.32M | ﹤0.01% |
+59,102
| New | +$1.26M |
|
|
CMRX
2532
DELISTED
Chimerix, Inc.
CMRX
| $1.32M | ﹤0.01% |
253,533
+176,509
| +229% | +$894K |
|
2533
Xencor
XNCR
$1.59B
| $1.32M | ﹤0.01% |
43,936
-22,498
| -34% | -$588K |
|
2534
iShares Russell Mid-Cap ETF
IWR
$56.1B
| $1.31M | ﹤0.01% |
25,468
+1,904
| +8% | +$100K |
|
2535
Teva Pharmaceuticals
TEVA
$41.2B
| $1.31M | ﹤0.01% |
76,810
-2,889,126
| -97% | -$56.4M |
|
|
LTS
2536
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $1.31M | ﹤0.01% |
400,546
+293,400
| +274% | +$952K |
|
2537
Diana Shipping
DSX
$286M
| $1.3M | ﹤0.01% |
509,034
-719,877
| -59% | -$1.93M |
|
2538
CNA Financial
CNA
$14.4B
| $1.3M | ﹤0.01% |
26,334
-50,691
| -66% | -$2.65M |
|
2539
Fidus Investment
FDUS
$755M
| $1.3M | ﹤0.01% |
100,875
+52,151
| +107% | +$726K |
|
2540
Rimini Street
RMNI
$454M
| $1.3M | ﹤0.01% |
151,748
+90,331
| +147% | +$759K |
|
|
SHLO
2541
DELISTED
Shiloh Industries Inc
SHLO
| $1.3M | ﹤0.01% |
149,221
-368,396
| -71% | -$2.87M |
|
2542
STRATTEC Security
STRT
$369M
| $1.3M | ﹤0.01% |
35,688
-10,652
| -23% | -$411K |
|
2543
LSI Industries
LYTS
$852M
| $1.3M | ﹤0.01% |
159,761
-37,578
| -19% | -$293K |
|
|
HOME
2544
DELISTED
At Home Group Inc.
HOME
| $1.29M | ﹤0.01% |
+40,433
| New | +$1.24M |
|
|
XYZ
2545
Block Inc
XYZ
$49.2B
| $1.29M | ﹤0.01% |
26,265
-477,263
| -95% | -$21.9M |
|
|
SJR
2546
DELISTED
Shaw Communications Inc.
SJR
| $1.29M | ﹤0.01% |
66,851
+51,966
| +349% | +$1.07M |
|
|
VRAY
2547
DELISTED
ViewRay, Inc.
VRAY
| $1.28M | ﹤0.01% |
199,787
+118,149
| +145% | +$985K |
|
|
GTLS
2548
DELISTED
Chart Industries
GTLS
| $1.28M | ﹤0.01% |
21,754
+16,519
| +316% | +$889K |
|
2549
Schwab US Large- Cap ETF
SCHX
$71.3B
| $1.28M | ﹤0.01% |
121,800
-147,840
| -55% | -$1.61M |
|
|
CVSA
2550
Covista Inc
CVSA
$4.3B
| $1.28M | ﹤0.01% |
26,867
+20,280
| +308% | +$948K |
|
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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.