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 | |
|---|---|---|---|---|---|---|
|
PGTI
1151
DELISTED
PGT, Inc.
PGTI
| $13.2M | 0.02% |
708,652
+656,796
| +1,267% | +$11.4M |
|
|
SINA
1152
DELISTED
Sina Corp
SINA
| $13.2M | 0.02% |
126,436
+74,149
| +142% | +$8.5M |
|
|
XENT
1153
DELISTED
Intersect ENT, Inc
XENT
| $13.2M | 0.02% |
335,010
+37,153
| +12% | +$1.36M |
|
1154
Abeona Therapeutics
ABEO
$366M
| $13.1M | 0.02% |
36,650
+30,947
| +543% | +$11.5M |
|
1155
Gerdau
GGB
$9.74B
| $13.1M | 0.02% |
3,552,251
+2,646,419
| +292% | +$9.71M |
|
|
CLVS
1156
DELISTED
Clovis Oncology, Inc.
CLVS
| $13.1M | 0.02% |
248,377
-11,215
| -4% | -$654K |
|
1157
Immersion
IMMR
$251M
| $13M | 0.02% |
+1,091,564
| New | +$11.1M |
|
1158
Universal Insurance Holdings
UVE
$1.22B
| $13M | 0.02% |
406,837
-43,466
| -10% | -$1.31M |
|
|
XIFR
1159
XPLR Infrastructure LP
XIFR
$1.12B
| $12.9M | 0.02% |
323,364
+153,275
| +90% | +$6.2M |
|
|
VBTX
1160
DELISTED
Veritex Holdings
VBTX
| $12.9M | 0.02% |
467,003
+212,360
| +83% | +$6M |
|
1161
Universal Display
OLED
$3.68B
| $12.9M | 0.02% |
127,673
+65,327
| +105% | +$9.82M |
|
|
MIK
1162
DELISTED
Michaels Stores, Inc
MIK
| $12.9M | 0.02% |
653,935
+452,252
| +224% | +$10.8M |
|
1163
Toyota
TM
$224B
| $12.9M | 0.02% |
98,858
+70,799
| +252% | +$9.49M |
|
1164
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $12.9M | 0.02% |
343,230
+159,045
| +86% | +$6.08M |
|
1165
Televisa
TV
$1.48B
| $12.9M | 0.02% |
806,131
-888,130
| -52% | -$16.2M |
|
1166
Petrobras Class A
PBR.A
$111B
| $12.8M | 0.02% |
989,028
-946,338
| -49% | -$11.6M |
|
1167
BioCryst Pharmaceuticals
BCRX
$2.28B
| $12.8M | 0.02% |
2,690,255
-1,019,287
| -27% | -$5.24M |
|
|
AAWW
1168
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $12.8M | 0.02% |
211,900
+112,187
| +113% | +$6.65M |
|
|
AVNS
1169
DELISTED
Avanos Medical
AVNS
| $12.8M | 0.02% |
277,691
+62,002
| +29% | +$2.94M |
|
1170
Mettler-Toledo International
MTD
$28.6B
| $12.7M | 0.02% |
22,122
+19,445
| +726% | +$12.2M |
|
1171
State Street Financial Select Sector SPDR ETF
XLF
$57.6B
| $12.7M | 0.02% |
461,144
-115,452
| -20% | -$3.32M |
|
1172
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $12.7M | 0.02% |
+446,090
| New | +$13.5M |
|
1173
New Jersey Resources
NJR
$5.84B
| $12.7M | 0.02% |
315,890
-827,537
| -72% | -$32.2M |
|
|
MGI
1174
DELISTED
MoneyGram International, Inc. New
MGI
| $12.6M | 0.02% |
1,467,158
+1,447,694
| +7,438% | +$16.2M |
|
1175
Energizer
ENR
$1.44B
| $12.6M | 0.02% |
211,555
-215,902
| -51% | -$11.6M |
|
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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.