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 | |
|---|---|---|---|---|---|---|
2576
LivePerson
LPSN
$22.9M
| $574K | ﹤0.01% |
+5,064
| New | +$685K |
|
2577
CGI
GIB
$15B
| $573K | ﹤0.01% |
15,822
-11,093
| -41% | -$416K |
|
|
BKCC
2578
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $573K | ﹤0.01% |
+64,704
| New | +$596K |
|
|
OCSI
2579
DELISTED
Oaktree Strategic Income Corporation
OCSI
| $573K | ﹤0.01% |
65,600
+41,747
| +175% | +$377K |
|
|
PCBK
2580
DELISTED
Pacific Continental Corp
PCBK
| $573K | ﹤0.01% |
43,016
-8,593
| -17% | -$114K |
|
2581
Vanguard Small-Cap ETF
VB
$80.2B
| $572K | ﹤0.01% |
+5,295
| New | +$619K |
|
|
EARN
2582
Ellington Residential Mortgage REIT
EARN
$167M
| $570K | ﹤0.01% |
46,934
+2,646
| +6% | +$35.6K |
|
2583
iShares US Aerospace & Defense ETF
ITA
$14.5B
| $566K | ﹤0.01% |
10,390
+5,554
| +115% | +$323K |
|
2584
Option Care Health
OPCH
$3.53B
| $566K | ﹤0.01% |
75,622
-499,962
| -87% | -$5.05M |
|
2585
CarMax
KMX
$8.36B
| $564K | ﹤0.01% |
9,500
-357,682
| -97% | -$22.4M |
|
2586
Lipocine
LPCN
$17.6M
| $564K | ﹤0.01% |
2,806
-324
| -10% | -$75K |
|
|
CUDA
2587
DELISTED
Barracuda Networks, Inc.
CUDA
| $564K | ﹤0.01% |
36,228
-162,848
| -82% | -$4.58M |
|
|
CCG
2588
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
| $564K | ﹤0.01% |
+106,046
| New | +$583K |
|
|
CVO
2589
DELISTED
Cenevo, Inc.
CVO
| $560K | ﹤0.01% |
37,261
+1,611
| +5% | +$22.8K |
|
|
TNGO
2590
DELISTED
Tangoe, Inc.
TNGO
| $559K | ﹤0.01% |
77,588
+59,950
| +340% | +$558K |
|
2591
Ollie's Bargain Outlet
OLLI
$4.17B
| $558K | ﹤0.01% |
+34,518
| New | +$640K |
|
|
VBTX
2592
DELISTED
Veritex Holdings
VBTX
| $556K | ﹤0.01% |
+35,575
| New | +$567K |
|
2593
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.93B
| $553K | ﹤0.01% |
9,582
-2,648
| -22% | -$162K |
|
|
ZIXI
2594
DELISTED
Zix Corporation
ZIXI
| $551K | ﹤0.01% |
130,783
-123,947
| -49% | -$589K |
|
2595
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.6B
| $549K | ﹤0.01% |
11,400
+6,515
| +133% | +$324K |
|
|
GSS
2596
DELISTED
Golden Star Resources Ltd.
GSS
| $549K | ﹤0.01% |
548,995
-33,605
| -6% | -$38K |
|
2597
Q2 Holdings
QTWO
$3.71B
| $548K | ﹤0.01% |
22,179
-20,142
| -48% | -$557K |
|
2598
PUT
Weyerhaeuser
WY
$17.7B
| $547K | ﹤0.01% |
+20,000
| New | +$590K |
|
2599
Aegon
AEG
$13.6B
| $543K | ﹤0.01% |
131,417
-331,052
| -72% | -$1.6M |
|
2600
AGCO
AGCO
$8.96B
| $543K | ﹤0.01% |
11,647
-185,557
| -94% | -$9.5M |
|
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.