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 | |
|---|---|---|---|---|---|---|
|
TRST
1626
Trustco Bank Corp NY
TRST
$970M
| $6.42M | 0.01% |
151,896
-35,836
| -19% | -$1.57M |
|
1627
Corning
GLW
$119B
| $6.42M | 0.01% |
230,117
-291,982
| -56% | -$9M |
|
|
NSTG
1628
DELISTED
NanoString Technologies, Inc.
NSTG
| $6.42M | 0.01% |
854,305
-150,681
| -15% | -$1.09M |
|
|
SWCH
1629
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $6.4M | 0.01% |
402,481
+367,393
| +1,047% | +$5.82M |
|
|
FDC
1630
PUT
DELISTED
First Data Corporation
FDC
| $6.4M | 0.01% |
+400,000
| New | +$6.63M |
|
1631
Match Group
MTCH
$9.19B
| $6.4M | 0.01% |
143,988
-114,194
| -44% | -$4.42M |
|
1632
CACI
CACI
$11B
| $6.38M | 0.01% |
42,164
-11,895
| -22% | -$1.74M |
|
|
SRDX
1633
DELISTED
Surmodics
SRDX
| $6.38M | 0.01% |
167,606
+31,930
| +24% | +$989K |
|
1634
Trupanion
TRUP
$1.07B
| $6.37M | 0.01% |
213,191
-20,884
| -9% | -$669K |
|
1635
CEMIG Preferred Shares
CIG
$6.26B
| $6.36M | 0.01% |
4,837,004
-2,588,661
| -35% | -$3.09M |
|
|
WCC
1636
WESCO International
WCC
$16.7B
| $6.36M | 0.01% |
102,459
-26,067
| -20% | -$1.68M |
|
|
BOLD
1637
DELISTED
Audentes Therapeutics, Inc
BOLD
| $6.35M | 0.01% |
+211,348
| New | +$7.16M |
|
1638
Liberty Broadband Class A
LBRDA
$4.89B
| $6.35M | 0.01% |
+74,844
| New | +$6.7M |
|
|
HES
1639
CALL
DELISTED
Hess
HES
| $6.33M | 0.01% |
125,000
-515,900
| -80% | -$25.3M |
|
1640
Colliers International
CIGI
$5.04B
| $6.32M | 0.01% |
91,010
-17,943
| -16% | -$1.13M |
|
1641
Alkermes
ALKS
$8.22B
| $6.32M | 0.01% |
109,038
+81,231
| +292% | +$4.75M |
|
1642
Civeo
CVEO
$345M
| $6.31M | 0.01% |
139,506
+61,850
| +80% | +$2.61M |
|
|
CYBR
1643
DELISTED
CyberArk
CYBR
| $6.28M | 0.01% |
123,149
+49,685
| +68% | +$2.31M |
|
|
CNR
1644
Core Natural Resources Inc
CNR
$4.02B
| $6.28M | 0.01% |
216,851
+132,138
| +156% | +$4.26M |
|
1645
Globe Life
GL
$14.2B
| $6.28M | 0.01% |
74,610
-112,484
| -60% | -$9.84M |
|
|
GBT
1646
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $6.28M | 0.01% |
130,026
-349,812
| -73% | -$19.5M |
|
|
PRO
1647
DELISTED
PROS Holdings
PRO
| $6.28M | 0.01% |
+190,228
| New | +$5.87M |
|
1648
Akebia Therapeutics
AKBA
$354M
| $6.27M | 0.01% |
658,022
-366,470
| -36% | -$5.13M |
|
1649
Avient
AVNT
$3.33B
| $6.26M | 0.01% |
147,131
-87,386
| -37% | -$3.77M |
|
|
BRSS
1650
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $6.26M | 0.01% |
187,017
-75,909
| -29% | -$2.41M |
|
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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.