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 |
DuPont de Nemours
DD
|
+$1.55B |
| 2 |
Comcast
CMCSA
|
+$449M |
| 3 |
SLB Ltd
SLB
|
+$298M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$281M |
| 5 |
Qualcomm
QCOM
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$229M |
| 2 |
Sempra
SRE
|
+$192M |
| 3 |
Bausch Health
BHC
|
+$183M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$175M |
| 5 |
PepsiCo
PEP
|
+$173M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.35% |
| 2 | Energy | 10.93% |
| 3 | Consumer Discretionary | 8.63% |
| 4 | Financials | 8.18% |
| 5 | Technology | 7.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Capitol Federal Financial
CFFN
$1.09B
| $659K | ﹤0.01% |
54,366
-221,178
| -80% | -$2.66M |
|
2502
Transocean
RIG
$5.43B
| $659K | ﹤0.01% |
+51,000
| New | +$708K |
|
|
LBAI
2503
DELISTED
Lakeland Bancorp Inc
LBAI
| $659K | ﹤0.01% |
59,337
+34,598
| +140% | +$395K |
|
|
RAVN
2504
DELISTED
Raven Industries Inc
RAVN
| $658K | ﹤0.01% |
38,817
+3,974
| +11% | +$72.8K |
|
2505
Amphastar Pharmaceuticals
AMPH
$905M
| $655K | ﹤0.01% |
56,037
-66,735
| -54% | -$1M |
|
|
DX
2506
Dynex Capital
DX
$3.19B
| $655K | ﹤0.01% |
+33,292
| New | +$698K |
|
2507
Fluor
FLR
$6.57B
| $655K | ﹤0.01% |
15,472
-590,711
| -97% | -$27.7M |
|
2508
iShares US Healthcare Providers ETF
IHF
$1.23B
| $655K | ﹤0.01% |
26,445
+5,895
| +29% | +$161K |
|
2509
Cato Corp
CATO
$67.5M
| $653K | ﹤0.01% |
19,185
+12,652
| +194% | +$461K |
|
|
RPT
2510
Rithm Property Trust
RPT
$94M
| $653K | ﹤0.01% |
9,104
+3,342
| +58% | +$261K |
|
2511
Teledyne Technologies
TDY
$29.2B
| $652K | ﹤0.01% |
+7,216
| New | +$729K |
|
|
CLD
2512
DELISTED
Cloud Peak Energy Inc
CLD
| $649K | ﹤0.01% |
+246,853
| New | +$822K |
|
2513
Northwest Natural Holdings
NWN
$2.17B
| $648K | ﹤0.01% |
14,129
-1,426
| -9% | -$62.7K |
|
|
WWAV
2514
DELISTED
The WhiteWave Foods Company
WWAV
| $648K | ﹤0.01% |
16,140
-188,334
| -92% | -$8.99M |
|
2515
Central Garden & Pet Co
CENT
$2.75B
| $647K | ﹤0.01% |
52,305
+22,905
| +78% | +$220K |
|
|
MAGN
2516
Magnera Corp
MAGN
$492M
| $647K | ﹤0.01% |
2,891
+389
| +16% | +$96.5K |
|
2517
Liberty Latin America Class A
LILA
$1.67B
| $645K | ﹤0.01% |
+29,904
| New | +$761K |
|
|
ONE
2518
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $643K | ﹤0.01% |
326,431
+101,642
| +45% | +$229K |
|
|
NORW
2519
DELISTED
Global X MSCI Norway ETF
NORW
| $642K | ﹤0.01% |
62,825
-26,567
| -30% | -$298K |
|
|
LUMO
2520
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $641K | ﹤0.01% |
1,986
-28,637
| -94% | -$12.6M |
|
2521
Ingredion
INGR
$6.47B
| $638K | ﹤0.01% |
7,313
-83,282
| -92% | -$7.14M |
|
|
NATI
2522
DELISTED
National Instruments Corp
NATI
| $638K | ﹤0.01% |
22,949
-2,308
| -9% | -$65.6K |
|
2523
Golub Capital BDC
GBDC
$3.37B
| $637K | ﹤0.01% |
+40,710
| New | +$658K |
|
|
LNW
2524
DELISTED
Light & Wonder
LNW
| $637K | ﹤0.01% |
+60,934
| New | +$799K |
|
2525
Nathan's Famous
NATH
$403M
| $637K | ﹤0.01% |
16,760
-11,958
| -42% | -$412K |
|
Similar funds
Millennium Management's Q3 2015 Portfolio in Review
As of Q3 2015, Millennium Management held 4,098 positions worth $51.6B, down 2.3% from $52.9B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Millennium Management deployed $5.12B of net new capital in Q3 2015, opening 840 new positions and adding to 1,320 existing holdings. Its largest new stake was BP: 4,551,492 shares worth $117M.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, down from 14% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Alexion Pharmaceuticals, an estimated $229M trimmed.
- Millennium Management's largest Q3 2015 buy was BP: 4,551,492 shares worth $117M.
- Millennium Management added most to DuPont de Nemours in Q3 2015, an estimated $1.55B increase.
- Millennium Management's biggest Q3 2015 reduction was Alexion Pharmaceuticals, cutting an estimated $229M.
- Millennium Management fully exited PepsiCo in Q3 2015, selling an estimated $173M.
- Millennium Management's ten largest holdings make up 14% of its $51.6B portfolio in Q3 2015.
- Millennium Management opened 840 new positions and closed 681 in Q3 2015.
- Millennium Management's portfolio value fell 2.3% quarter-over-quarter to $51.6B.
Based on Millennium Management's 13F filing for Q3 2015, filed 16 Nov 2015.