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 | |
|---|---|---|---|---|---|---|
|
NFBK
2326
DELISTED
Northfield Bancorp
NFBK
| $1.93M | ﹤0.01% |
123,497
+105,196
| +575% | +$1.72M |
|
|
UCFC
2327
DELISTED
United Community Financial Corp
UCFC
| $1.93M | ﹤0.01% |
195,295
-107,511
| -36% | -$1.04M |
|
2328
Amtech Systems
ASYS
$268M
| $1.93M | ﹤0.01% |
263,041
-226,390
| -46% | -$2.04M |
|
|
NVEE
2329
DELISTED
NV5 Global
NVEE
| $1.91M | ﹤0.01% |
136,896
+73,972
| +118% | +$912K |
|
|
CLD
2330
DELISTED
Cloud Peak Energy Inc
CLD
| $1.9M | ﹤0.01% |
652,496
-390,010
| -37% | -$1.61M |
|
|
PINC
2331
DELISTED
Premier
PINC
| $1.9M | ﹤0.01% |
60,509
-331,069
| -85% | -$10.7M |
|
|
EXK
2332
Endeavour Silver
EXK
$2.23B
| $1.89M | ﹤0.01% |
778,969
+213,621
| +38% | +$510K |
|
2333
Brink's
BCO
$4.88B
| $1.88M | ﹤0.01% |
26,373
+9,700
| +58% | +$745K |
|
|
ONCS
2334
DELISTED
OncoSec Medical Incorporated
ONCS
| $1.88M | ﹤0.01% |
4,548
+4,339
| +2,076% | +$1.78M |
|
|
SBB
2335
DELISTED
SUSSEX BANCORP
SBB
| $1.88M | ﹤0.01% |
61,760
+43,548
| +239% | +$1.32M |
|
|
MRT
2336
DELISTED
MedEquities Realty Trust, Inc.
MRT
| $1.88M | ﹤0.01% |
178,594
-132,869
| -43% | -$1.41M |
|
2337
Tucows
TCX
$172M
| $1.87M | ﹤0.01% |
+33,425
| New | +$1.88M |
|
|
CDR
2338
DELISTED
Cedar Realty Trust, Inc
CDR
| $1.87M | ﹤0.01% |
72,000
+64,297
| +835% | +$1.94M |
|
2339
Freshpet
FRPT
$2.93B
| $1.87M | ﹤0.01% |
+113,573
| New | +$2.1M |
|
|
HOLX
2340
CALL
DELISTED
Hologic
HOLX
| $1.87M | ﹤0.01% |
50,000
+10,000
| +25% | +$404K |
|
2341
Texas Pacific Land
TPL
$27.8B
| $1.87M | ﹤0.01% |
33,255
+15,435
| +87% | +$883K |
|
|
GMLP
2342
DELISTED
Golar LNG Partners LP
GMLP
| $1.87M | ﹤0.01% |
+109,031
| New | +$2.24M |
|
|
GSUM
2343
DELISTED
Gridsum Holding Inc.
GSUM
| $1.86M | ﹤0.01% |
228,157
+138,848
| +155% | +$1.47M |
|
|
ACET
2344
DELISTED
Aceto Corp
ACET
| $1.86M | ﹤0.01% |
244,757
-121,845
| -33% | -$1.06M |
|
|
TTOO
2345
DELISTED
T2 Biosystems, Inc
TTOO
| $1.86M | ﹤0.01% |
57
+30
| +111% | +$808K |
|
|
ACHN
2346
CALL
DELISTED
Achillion Pharmaceuticals
ACHN
| $1.85M | ﹤0.01% |
+500,000
| New | +$1.64M |
|
|
SIR
2347
DELISTED
SELECT INCOME REIT
SIR
| $1.85M | ﹤0.01% |
216,430
-1,048,040
| -83% | -$9.58M |
|
|
MIC
2348
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $1.85M | ﹤0.01% |
+50,000
| New | +$2.69M |
|
|
CBMG
2349
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $1.84M | ﹤0.01% |
105,101
+2,585
| +3% | +$47.3K |
|
2350
Calamos Strategic Total Return Fund
CSQ
$3.23B
| $1.83M | ﹤0.01% |
155,111
+73,801
| +91% | +$900K |
|
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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.