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 |
Merck
MRK
|
+$216M |
| 2 |
Apple
AAPL
|
+$215M |
| 3 |
KeyCorp
KEY
|
+$212M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$210M |
| 5 |
Synchrony
SYF
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$1.82B |
| 2 |
Comcast
CMCSA
|
+$427M |
| 3 |
Amazon
AMZN
|
+$418M |
| 4 |
SLB Ltd
SLB
|
+$312M |
| 5 |
Ameren
AEE
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.03% |
| 2 | Energy | 10.22% |
| 3 | Consumer Discretionary | 9.15% |
| 4 | Financials | 9.09% |
| 5 | Industrials | 8.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
CALL
Dillards
DDS
$9.2B
| $657K | ﹤0.01% |
+10,000
| New | +$805K |
|
|
SYNT
2502
DELISTED
Syntel Inc
SYNT
| $655K | ﹤0.01% |
14,469
-17,066
| -54% | -$797K |
|
2503
iShares MSCI USA Min Vol Factor ETF
USMV
$23.7B
| $651K | ﹤0.01% |
+15,562
| New | +$648K |
|
2504
OFG Bancorp
OFG
$2.24B
| $649K | ﹤0.01% |
+88,633
| New | +$761K |
|
|
2505
SLB Ltd
SLB
$74.2B
| $649K | ﹤0.01% |
9,300
-4,165,891
| -100% | -$312M |
|
2506
Larimar Therapeutics
LRMR
$398M
| $648K | ﹤0.01% |
+8,591
| New | +$1.38M |
|
|
SAND
2507
DELISTED
Sandstorm Gold
SAND
| $645K | ﹤0.01% |
245,357
-754,933
| -75% | -$2.07M |
|
|
TGH
2508
DELISTED
Textainer Group Holdings limited
TGH
| $645K | ﹤0.01% |
+45,708
| New | +$740K |
|
|
GSIG
2509
DELISTED
GSI GROUP INC COM STK (CDA)
GSIG
| $645K | ﹤0.01% |
47,357
-24,864
| -34% | -$341K |
|
2510
iShares US Utilities ETF
IDU
$1.39B
| $644K | ﹤0.01% |
+11,926
| New | +$647K |
|
|
CAI
2511
DELISTED
CAI International, Inc.
CAI
| $642K | ﹤0.01% |
63,671
+9,873
| +18% | +$105K |
|
|
ACSF
2512
DELISTED
American Capital Senior Floating, Ltd.
ACSF
| $641K | ﹤0.01% |
65,242
-403
| -0.6% | -$4.3K |
|
|
AREX
2513
DELISTED
Approach Resources Inc.
AREX
| $640K | ﹤0.01% |
347,612
+251,731
| +263% | +$564K |
|
|
ENOC
2514
DELISTED
EnerNOC, Inc.
ENOC
| $638K | ﹤0.01% |
165,780
+81,999
| +98% | +$480K |
|
2515
Sterling Infrastructure
STRL
$16.5B
| $637K | ﹤0.01% |
104,835
+89,435
| +581% | +$454K |
|
|
JE
2516
DELISTED
Just Energy Group Inc
JE
| $637K | ﹤0.01% |
2,709
+1,636
| +152% | +$378K |
|
|
RAS
2517
DELISTED
RAIT Financial Trust
RAS
| $635K | ﹤0.01% |
235,103
+98,993
| +73% | +$420K |
|
2518
Q2 Holdings
QTWO
$3.71B
| $634K | ﹤0.01% |
24,046
+1,867
| +8% | +$49.1K |
|
|
EGIO
2519
DELISTED
Edgio, Inc. Common Stock
EGIO
| $633K | ﹤0.01% |
10,846
-4,258
| -28% | -$318K |
|
2520
Turkcell
TKC
$4.78B
| $632K | ﹤0.01% |
+74,462
| New | +$712K |
|
2521
VirnetX Holding Corp
VHC
$54.4M
| $630K | ﹤0.01% |
12,253
+9,647
| +370% | +$633K |
|
|
FFWM
2522
DELISTED
First Foundation Inc
FFWM
| $628K | ﹤0.01% |
53,236
-108,998
| -67% | -$1.27M |
|
2523
Talphera
TLPH
$67.5M
| $628K | ﹤0.01% |
8,150
+4,646
| +133% | +$399K |
|
|
BUFF
2524
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $628K | ﹤0.01% |
33,539
-118,381
| -78% | -$2.16M |
|
|
TFM
2525
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $628K | ﹤0.01% |
+26,811
| New | +$658K |
|
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Millennium Management's Q4 2015 Portfolio in Review
As of Q4 2015, Millennium Management held 4,144 positions worth $47.6B, down 7.9% from $51.6B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Millennium Management withdrew a net $5.89B in Q4 2015, closing 779 positions and reducing 1,349 holdings. Its most notable exit was Illumina, an estimated $86.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 11% a quarter earlier, followed by Energy and Consumer Discretionary.
Against the trend, Millennium Management opened a new position in Alphabet (Google) Class A worth $221M.
- Millennium Management's largest Q4 2015 buy was Alphabet (Google) Class A: 5,673,120 shares worth $221M.
- Millennium Management added most to Merck in Q4 2015, an estimated $216M increase.
- Millennium Management's biggest Q4 2015 reduction was DuPont de Nemours, cutting an estimated $1.82B.
- Millennium Management fully exited Illumina in Q4 2015, selling an estimated $86.9M.
- Millennium Management's ten largest holdings make up 10% of its $47.6B portfolio in Q4 2015.
- Millennium Management opened 733 new positions and closed 779 in Q4 2015.
- Millennium Management's portfolio value fell 7.9% quarter-over-quarter to $47.6B.
Based on Millennium Management's 13F filing for Q4 2015, filed 16 Feb 2016.