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 | |
|---|---|---|---|---|---|---|
2401
WisdomTree
WT
$2.9B
| $1.68M | ﹤0.01% |
183,185
+162,994
| +807% | +$1.76M |
|
2402
CALL
Apple
AAPL
$4.48T
| $1.68M | ﹤0.01% |
+40,000
| New | +$1.72M |
|
2403
SunCoke Energy
SXC
$732M
| $1.67M | ﹤0.01% |
155,321
-37,316
| -19% | -$424K |
|
|
ARE.PRD
2404
DELISTED
Alexandria Real Estate Equities Inc 7.00% Series D Preferred Stock
ARE.PRD
| $1.67M | ﹤0.01% |
46,627
+900
| +2% | +$32.5K |
|
2405
Microchip Technology
MCHP
$41B
| $1.67M | ﹤0.01% |
36,502
-520,800
| -93% | -$24M |
|
2406
TransUnion
TRU
$15.2B
| $1.67M | ﹤0.01% |
29,354
-343,866
| -92% | -$19.8M |
|
2407
RB Global
RBA
$20.4B
| $1.67M | ﹤0.01% |
+52,902
| New | +$1.69M |
|
2408
Lazard
LAZ
$4.1B
| $1.66M | ﹤0.01% |
+31,576
| New | +$1.75M |
|
2409
Oak Valley Bancorp
OVLY
$280M
| $1.66M | ﹤0.01% |
+75,201
| New | +$1.63M |
|
|
BELFB
2410
Bel Fuse Inc Class B
BELFB
$3.96B
| $1.65M | ﹤0.01% |
87,300
+15,560
| +22% | +$319K |
|
2411
Deutsche Bank
DB
$68.1B
| $1.65M | ﹤0.01% |
+117,989
| New | +$1.99M |
|
2412
PUT
Corcept Therapeutics
CORT
$12.4B
| $1.65M | ﹤0.01% |
100,000
| – | – |
|
|
AMRS
2413
DELISTED
Amyris Inc.
AMRS
| $1.64M | ﹤0.01% |
+245,663
| New | +$1.32M |
|
|
FBNK
2414
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $1.63M | ﹤0.01% |
63,729
-28,897
| -31% | -$753K |
|
|
SC
2415
CALL
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $1.63M | ﹤0.01% |
+100,000
| New | +$1.73M |
|
2416
Theravance Biopharma
TBPH
$874M
| $1.63M | ﹤0.01% |
67,124
+52,086
| +346% | +$1.43M |
|
|
VSI
2417
DELISTED
Vitamin Shoppe Inc.
VSI
| $1.63M | ﹤0.01% |
+374,350
| New | +$1.63M |
|
2418
AerCap
AER
$23.7B
| $1.63M | ﹤0.01% |
32,070
-6,487
| -17% | -$336K |
|
2419
Eldorado Gold
EGO
$7.89B
| $1.62M | ﹤0.01% |
386,607
+58,285
| +18% | +$342K |
|
2420
Gyre Therapeutics
GYRE
$649M
| $1.62M | ﹤0.01% |
+8,373
| New | +$1.56M |
|
2421
American Superconductor
AMSC
$1.46B
| $1.62M | ﹤0.01% |
278,039
+165,813
| +148% | +$850K |
|
|
BLCM
2422
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $1.61M | ﹤0.01% |
24,587
+12,161
| +98% | +$918K |
|
|
MZTI
2423
The Marzetti Company
MZTI
$2.92B
| $1.61M | ﹤0.01% |
+13,053
| New | +$1.61M |
|
2424
iShares Expanded Tech-Software Sector ETF
IGV
$12.6B
| $1.6M | ﹤0.01% |
47,295
+38,460
| +435% | +$1.3M |
|
2425
Nexstar Media Group
NXST
$5.82B
| $1.6M | ﹤0.01% |
24,099
-123,417
| -84% | -$9.07M |
|
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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.