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 | |
|---|---|---|---|---|---|---|
|
SRNE
2651
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $492K | ﹤0.01% |
58,627
-74,643
| -56% | -$1.19M |
|
2652
Digi International
DGII
$2.53B
| $485K | ﹤0.01% |
41,123
+26,617
| +183% | +$271K |
|
2653
Frontline
FRO
$8.63B
| $485K | ﹤0.01% |
36,077
+2,962
| +9% | +$39.7K |
|
2654
Rush Enterprises Class B
RUSHB
$6B
| $485K | ﹤0.01% |
46,771
-16,002
| -25% | -$163K |
|
2655
Wayfair
W
$12.5B
| $485K | ﹤0.01% |
+13,828
| New | +$530K |
|
|
LKM
2656
DELISTED
Link Motion Inc.
LKM
| $485K | ﹤0.01% |
+146,500
| New | +$540K |
|
2657
Sinclair Inc
SBGI
$1.02B
| $484K | ﹤0.01% |
19,103
-244,639
| -93% | -$6.74M |
|
|
RTK
2658
DELISTED
Rentech, Inc.
RTK
| $482K | ﹤0.01% |
86,041
+17,373
| +25% | +$131K |
|
2659
Tucows
TCX
$101M
| $481K | ﹤0.01% |
+20,794
| New | +$542K |
|
|
VVC
2660
DELISTED
Vectren Corporation
VVC
| $481K | ﹤0.01% |
11,452
-244,994
| -96% | -$9.97M |
|
2661
Comtech Telecommunications
CMTL
$51.5M
| $480K | ﹤0.01% |
23,313
+8,641
| +59% | +$237K |
|
2662
Ecopetrol
EC
$32.5B
| $479K | ﹤0.01% |
+55,660
| New | +$577K |
|
2663
Reinsurance Group of America
RGA
$15.9B
| $476K | ﹤0.01% |
5,257
-47,228
| -90% | -$4.44M |
|
2664
iShares US Transportation ETF
IYT
$2.31B
| $475K | ﹤0.01% |
13,580
-3,896
| -22% | -$142K |
|
|
LAYN
2665
DELISTED
Layne Christensen Co
LAYN
| $474K | ﹤0.01% |
72,879
-214,476
| -75% | -$1.63M |
|
|
FFNW
2666
DELISTED
First Financial Northwest, Inc
FFNW
| $471K | ﹤0.01% |
38,941
+13,042
| +50% | +$161K |
|
|
AUTO
2667
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $471K | ﹤0.01% |
28,100
-37,704
| -57% | -$642K |
|
2668
VanEck Retail ETF
RTH
$254M
| $470K | ﹤0.01% |
+6,386
| New | +$488K |
|
|
CNV
2669
DELISTED
CNOVA N.V.
CNV
| $470K | ﹤0.01% |
155,773
-34,403
| -18% | -$161K |
|
|
PVBC
2670
DELISTED
Provident Bancorp
PVBC
| $468K | ﹤0.01% |
+76,366
| New | +$477K |
|
|
BRSS
2671
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $468K | ﹤0.01% |
22,800
-43,091
| -65% | -$793K |
|
2672
Galicia Financial Group
GGAL
$7.9B
| $466K | ﹤0.01% |
26,141
-195,072
| -88% | -$3.79M |
|
2673
Golar LNG
GLNG
$4.95B
| $466K | ﹤0.01% |
16,700
-950,047
| -98% | -$36.8M |
|
2674
QuickLogic
QUIK
$217M
| $466K | ﹤0.01% |
20,928
+2,138
| +11% | +$44.7K |
|
|
ARAV
2675
DELISTED
Aravive, Inc. Common Stock
ARAV
| $466K | ﹤0.01% |
+6,735
| New | +$632K |
|
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.