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 | |
|---|---|---|---|---|---|---|
2526
BlackRock TCP Capital
TCPC
$276M
| $636K | ﹤0.01% |
+46,932
| New | +$716K |
|
|
MRTX
2527
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $636K | ﹤0.01% |
+18,472
| New | +$558K |
|
2528
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.92B
| $635K | ﹤0.01% |
+76,556
| New | +$720K |
|
2529
Argan
AGX
$7.03B
| $633K | ﹤0.01% |
18,253
-14,874
| -45% | -$572K |
|
2530
City Holding Co
CHCO
$2.06B
| $633K | ﹤0.01% |
12,848
+2,669
| +26% | +$130K |
|
2531
T. Rowe Price
TROW
$25.7B
| $633K | ﹤0.01% |
9,102
-544,933
| -98% | -$40.4M |
|
2532
Avient
AVNT
$3.3B
| $632K | ﹤0.01% |
21,534
-32,406
| -60% | -$1.1M |
|
|
BZUN
2533
Baozun
BZUN
$174M
| $632K | ﹤0.01% |
131,031
-76,556
| -37% | -$522K |
|
|
FOGO
2534
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| $632K | ﹤0.01% |
40,539
-66,981
| -62% | -$1.31M |
|
|
ZPIN
2535
DELISTED
Zhaopin Limited
ZPIN
| $632K | ﹤0.01% |
49,006
-20,439
| -29% | -$281K |
|
2536
Horizon Technology Finance
HRZN
$296M
| $631K | ﹤0.01% |
69,686
+47,885
| +220% | +$516K |
|
|
GPL
2537
DELISTED
Great Panther Mining Limited
GPL
| $631K | ﹤0.01% |
160,444
-16,387
| -9% | -$63.8K |
|
2538
Zevra Therapeutics
ZVRA
$559M
| $629K | ﹤0.01% |
+2,029
| New | +$621K |
|
2539
Mercury Insurance
MCY
$6.07B
| $628K | ﹤0.01% |
+12,429
| New | +$666K |
|
|
LDL
2540
DELISTED
Lydall, Inc.
LDL
| $625K | ﹤0.01% |
+21,949
| New | +$627K |
|
2541
Middlesex Water
MSEX
$1.07B
| $623K | ﹤0.01% |
26,120
+16,505
| +172% | +$379K |
|
2542
Annaly Capital Management
NLY
$17.4B
| $621K | ﹤0.01% |
15,718
-190,257
| -92% | -$7.61M |
|
|
TESS
2543
DELISTED
Tessco Technologies Inc
TESS
| $621K | ﹤0.01% |
29,496
+8,607
| +41% | +$193K |
|
2544
Ardelyx
ARDX
$1.24B
| $620K | ﹤0.01% |
35,894
-131,514
| -79% | -$2.45M |
|
|
CSII
2545
DELISTED
Cardiovascular Systems, Inc.
CSII
| $618K | ﹤0.01% |
38,985
-218,304
| -85% | -$5.5M |
|
|
ALTA
2546
DELISTED
Altabancorp
ALTA
| $618K | ﹤0.01% |
37,883
+20,782
| +122% | +$352K |
|
|
MASI
2547
DELISTED
Masimo
MASI
| $615K | ﹤0.01% |
15,944
-4,691
| -23% | -$192K |
|
2548
Independent Bank Corp
IBCP
$803M
| $613K | ﹤0.01% |
41,500
+19,856
| +92% | +$280K |
|
2549
B2Gold
BTG
$4.94B
| $611K | ﹤0.01% |
582,380
+349,440
| +150% | +$425K |
|
|
THR
2550
DELISTED
Thermon Group Holdings
THR
| $609K | ﹤0.01% |
29,634
-18,193
| -38% | -$421K |
|
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.