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 | |
|---|---|---|---|---|---|---|
3476
Pluri
PLUR
$18.1M
| $83K | ﹤0.01% |
+758
| New | +$87.3K |
|
3477
Alphatec Holdings
ATEC
$1.43B
| $82K | ﹤0.01% |
+25,609
| New | +$83.2K |
|
3478
Smart Sand
SND
$178M
| $81K | ﹤0.01% |
13,927
-476,243
| -97% | -$3.93M |
|
|
CRON
3479
Cronos Group
CRON
$1.06B
| $80K | ﹤0.01% |
+11,873
| New | +$99.9K |
|
|
SOHO
3480
DELISTED
Sotherly Hotels
SOHO
| $80K | ﹤0.01% |
11,492
-8,100
| -41% | -$50.5K |
|
3481
StealthGas
GASS
$329M
| $79K | ﹤0.01% |
19,631
+7,614
| +63% | +$32.6K |
|
|
RGLS
3482
DELISTED
Regulus Therapeutics
RGLS
| $79K | ﹤0.01% |
917
-2,620
| -74% | -$351K |
|
3483
TransAlta
TAC
$4.03B
| $78K | ﹤0.01% |
+14,225
| New | +$78.5K |
|
|
BBQ
3484
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $78K | ﹤0.01% |
+11,020
| New | +$73.7K |
|
|
HWCC
3485
DELISTED
Houston Wire & Cable Company
HWCC
| $77K | ﹤0.01% |
10,525
-2,355
| -18% | -$16.6K |
|
|
EPE
3486
DELISTED
EP Energy Corporation
EPE
| $77K | ﹤0.01% |
57,661
-60,365
| -51% | -$116K |
|
|
KNDI
3487
Kandi Technologies Group
KNDI
$63.5M
| $76K | ﹤0.01% |
+15,713
| New | +$91.1K |
|
|
FEED
3488
ENvue Medical Inc
FEED
$2.09M
| $75K | ﹤0.01% |
7
-2
| -22% | -$20.2K |
|
|
AGFSW
3489
DELISTED
AgroFresh Solutions Inc Warrants
AGFSW
| $75K | ﹤0.01% |
150,000
| – | – |
|
|
AREX
3490
DELISTED
Approach Resources Inc.
AREX
| $74K | ﹤0.01% |
28,466
-27,873
| -49% | -$86K |
|
|
HAPN
3491
Happen Inc
HAPN
$2.19B
| $73K | ﹤0.01% |
4,174
-17,111
| -80% | -$330K |
|
|
KG
3492
Kestrel Group
KG
$68M
| $71K | ﹤0.01% |
+546
| New | +$75.8K |
|
3493
cbdMD
YCBD
$5.25M
| $71K | ﹤0.01% |
+47
| New | +$73K |
|
|
EVFM
3494
DELISTED
Evofem Biosciences, Inc. Common Stock
EVFM
| $71K | ﹤0.01% |
+741
| New | +$95.1K |
|
3495
Identive
INVE
$64.1M
| $70K | ﹤0.01% |
+18,668
| New | +$69.6K |
|
3496
Rekor Systems
REKR
$86.9M
| $70K | ﹤0.01% |
+20,018
| New | +$76K |
|
3497
GoPro
GPRO
$125M
| $69K | ﹤0.01% |
14,398
-669,580
| -98% | -$3.83M |
|
|
YGYI
3498
DELISTED
Youngevity International, Inc Common Stock
YGYI
| $68K | ﹤0.01% |
16,310
-4,263
| -21% | -$19.9K |
|
3499
Tempest Therapeutics
TPST
$13.9M
| $67K | ﹤0.01% |
28
-71
| -72% | -$213K |
|
3500
Arbutus Biopharma
ABUS
$871M
| $66K | ﹤0.01% |
13,207
-68,800
| -84% | -$364K |
|
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.