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 | |
|---|---|---|---|---|---|---|
2551
Harte-Hanks
HHS
$16.2M
| $599K | ﹤0.01% |
18,484
-6,421
| -26% | -$240K |
|
2552
Applied Optoelectronics
AAOI
$6.32B
| $596K | ﹤0.01% |
34,728
-35,396
| -50% | -$642K |
|
2553
PennyMac Financial
PFSI
$4.44B
| $596K | ﹤0.01% |
38,801
+24,689
| +175% | +$399K |
|
|
SPNS
2554
DELISTED
Sapiens International
SPNS
| $596K | ﹤0.01% |
58,458
+21,005
| +56% | +$228K |
|
|
XCOM
2555
DELISTED
XTERA COMMUNICATIONS INC COM STK (DE)
XCOM
| $596K | ﹤0.01% |
+132,448
| New | +$654K |
|
|
GPL
2556
DELISTED
Great Panther Mining Limited
GPL
| $594K | ﹤0.01% |
118,455
-41,989
| -26% | -$209K |
|
|
CCMP
2557
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $594K | ﹤0.01% |
13,558
-13,804
| -50% | -$582K |
|
2558
Horace Mann Educators
HMN
$2.12B
| $593K | ﹤0.01% |
+17,866
| New | +$611K |
|
2559
FTI Consulting
FCN
$5.24B
| $590K | ﹤0.01% |
17,027
-115,684
| -87% | -$4.44M |
|
2560
EyePoint Inc
EYPT
$989M
| $589K | ﹤0.01% |
12,213
+10,661
| +687% | +$415K |
|
|
WIRE
2561
DELISTED
Encore Wire Corp
WIRE
| $588K | ﹤0.01% |
+15,840
| New | +$642K |
|
|
FNFG
2562
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $586K | ﹤0.01% |
54,001
-6,675,929
| -99% | -$71.2M |
|
2563
Univest Financial
UVSP
$1.24B
| $585K | ﹤0.01% |
28,037
-19,829
| -41% | -$401K |
|
|
LBAI
2564
DELISTED
Lakeland Bancorp Inc
LBAI
| $585K | ﹤0.01% |
49,577
-9,760
| -16% | -$114K |
|
|
CORE
2565
DELISTED
Core Mark Holding Co., Inc.
CORE
| $584K | ﹤0.01% |
+14,256
| New | +$577K |
|
2566
CALL
TechnipFMC
FTI
$28.6B
| $580K | ﹤0.01% |
+26,880
| New | +$649K |
|
|
CBR
2567
DELISTED
CIBER Inc.
CBR
| $580K | ﹤0.01% |
165,195
-22,702
| -12% | -$80.1K |
|
2568
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $578K | ﹤0.01% |
11,251
-66,865
| -86% | -$3.54M |
|
2569
Team
TISI
$80.6M
| $577K | ﹤0.01% |
1,807
-2,093
| -54% | -$739K |
|
2570
Vanguard Large-Cap ETF
VV
$51.5B
| $577K | ﹤0.01% |
6,168
-3,991
| -39% | -$376K |
|
|
NUTR
2571
DELISTED
Nutraceutical International Co
NUTR
| $576K | ﹤0.01% |
+22,302
| New | +$548K |
|
|
EVOL
2572
DELISTED
Evolving Systems, Inc.
EVOL
| $576K | ﹤0.01% |
104,762
+4,462
| +4% | +$25.5K |
|
|
BPTH
2573
DELISTED
Bio-Path Holdings Inc
BPTH
| $574K | ﹤0.01% |
115
-18
| -14% | -$105K |
|
2574
Aaon
AAON
$7.01B
| $572K | ﹤0.01% |
36,950
+14,537
| +65% | +$220K |
|
2575
Plexus
PLXS
$6.27B
| $570K | ﹤0.01% |
16,327
+7,634
| +88% | +$285K |
|
Similar funds
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.