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 | |
|---|---|---|---|---|---|---|
2826
Vanguard FTSE All-World ex-US ETF
VEU
$64.8B
| $749K | ﹤0.01% |
13,781
-53,978
| -80% | -$3.01M |
|
2827
Bankwell Financial Group
BWFG
$543M
| $748K | ﹤0.01% |
23,181
+3,387
| +17% | +$113K |
|
|
MITL
2828
DELISTED
Mitel Networks Corporation
MITL
| $748K | ﹤0.01% |
80,551
-1,206,924
| -94% | -$10.6M |
|
|
NSLR
2829
Neostellar Capital Corp
NSLR
$258M
| $744K | ﹤0.01% |
117,547
+38,144
| +48% | +$242K |
|
|
TSE
2830
CALL
DELISTED
Trinseo
TSE
| $741K | ﹤0.01% |
+10,000
| New | +$788K |
|
|
OMED
2831
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $740K | ﹤0.01% |
232,774
-310,561
| -57% | -$856K |
|
2832
CALL
Insulet
PODD
$11.8B
| $737K | ﹤0.01% |
+8,500
| New | +$660K |
|
|
HABT
2833
DELISTED
The Habit Restaurants, Inc. - Class A
HABT
| $737K | ﹤0.01% |
83,776
-106,854
| -56% | -$963K |
|
2834
Cytokinetics
CYTK
$10.6B
| $736K | ﹤0.01% |
102,172
+75,442
| +282% | +$647K |
|
2835
Spyre Therapeutics
SYRE
$8.5B
| $736K | ﹤0.01% |
2,968
+2,415
| +437% | +$436K |
|
2836
Marchex
MCHX
$78M
| $734K | ﹤0.01% |
268,759
-1,033
| -0.4% | -$3.34K |
|
|
BAND
2837
Bandwidth Inc
BAND
$1.18B
| $731K | ﹤0.01% |
22,396
-36,671
| -62% | -$936K |
|
|
GCI
2838
DELISTED
Gannett Co., Inc
GCI
| $731K | ﹤0.01% |
73,283
-1,437,696
| -95% | -$15.6M |
|
|
SGI
2839
Somnigroup International
SGI
$14.4B
| $730K | ﹤0.01% |
64,488
+45,012
| +231% | +$618K |
|
2840
Collegium Pharmaceutical
COLL
$1.18B
| $725K | ﹤0.01% |
28,388
-37,829
| -57% | -$901K |
|
2841
Merchants Bancorp
MBIN
$2.49B
| $725K | ﹤0.01% |
50,571
-19,689
| -28% | -$278K |
|
|
NAK
2842
Northern Dynasty Minerals
NAK
$773M
| $725K | ﹤0.01% |
800,024
-123,388
| -13% | -$148K |
|
|
EMD
2843
Western Asset Emerging Markets Debt Fund
EMD
$606M
| $719K | ﹤0.01% |
49,518
-135,984
| -73% | -$2.06M |
|
2844
SLB Ltd
SLB
$72.7B
| $719K | ﹤0.01% |
11,092
-76,359
| -87% | -$5.33M |
|
2845
Quanex
NX
$825M
| $716K | ﹤0.01% |
41,135
+31,588
| +331% | +$615K |
|
|
AKTS
2846
DELISTED
Akoustis Technologies Inc
AKTS
| $715K | ﹤0.01% |
122,668
-23,863
| -16% | -$149K |
|
2847
BlackRock Enhanced International Dividend Trust
BGY
$509M
| $712K | ﹤0.01% |
116,838
+74,395
| +175% | +$477K |
|
|
GOOS
2848
Canada Goose Holdings
GOOS
$903M
| $711K | ﹤0.01% |
21,269
-1,746
| -8% | -$58.7K |
|
2849
Superior Group of Companies
SGC
$199M
| $710K | ﹤0.01% |
27,008
+16,517
| +157% | +$421K |
|
|
SNBR
2850
DELISTED
Sleep Number
SNBR
| $710K | ﹤0.01% |
20,205
-24,353
| -55% | -$891K |
|
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.