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 | |
|---|---|---|---|---|---|---|
2676
iShares US Consumer Discretionary ETF
IYC
$1.16B
| $462K | ﹤0.01% |
12,780
+2,068
| +19% | +$75.3K |
|
|
DSPG
2677
DELISTED
DSP Group Inc
DSPG
| $461K | ﹤0.01% |
48,807
-25,760
| -35% | -$253K |
|
2678
TTM Technologies
TTMI
$11.3B
| $460K | ﹤0.01% |
+70,670
| New | +$507K |
|
2679
Consolidated Water Co
CWCO
$484M
| $458K | ﹤0.01% |
+37,390
| New | +$435K |
|
2680
Old Second Bancorp
OSBC
$1.3B
| $457K | ﹤0.01% |
58,298
+47,171
| +424% | +$340K |
|
2681
Tilly's
TLYS
$118M
| $457K | ﹤0.01% |
68,963
+35,763
| +108% | +$241K |
|
|
ANCX
2682
DELISTED
Access National Corp
ANCX
| $457K | ﹤0.01% |
22,329
-11,238
| -33% | -$236K |
|
|
HGG
2683
DELISTED
hhgregg Inc.
HGG
| $456K | ﹤0.01% |
124,634
+99,094
| +388% | +$454K |
|
|
NSTG
2684
CALL
DELISTED
NanoString Technologies, Inc.
NSTG
| $455K | ﹤0.01% |
+30,900
| New | +$455K |
|
2685
Enbridge
ENB
$121B
| $454K | ﹤0.01% |
13,685
-336,838
| -96% | -$12.7M |
|
|
RAVN
2686
DELISTED
Raven Industries Inc
RAVN
| $454K | ﹤0.01% |
29,099
-9,718
| -25% | -$169K |
|
|
GIFI
2687
DELISTED
Gulf Island Fabrication
GIFI
| $453K | ﹤0.01% |
43,299
-63,216
| -59% | -$675K |
|
2688
iRadimed
IRMD
$1.21B
| $453K | ﹤0.01% |
+16,172
| New | +$457K |
|
2689
Malibu Boats
MBUU
$559M
| $453K | ﹤0.01% |
27,676
-27,244
| -50% | -$410K |
|
2690
Duke Energy
DUK
$101B
| $452K | ﹤0.01% |
+6,336
| New | +$445K |
|
|
PDCO
2691
DELISTED
Patterson Companies, Inc.
PDCO
| $452K | ﹤0.01% |
10,000
-21,185
| -68% | -$974K |
|
|
EBSB
2692
DELISTED
Meridian Bancorp, Inc.
EBSB
| $452K | ﹤0.01% |
+32,028
| New | +$455K |
|
|
X
2693
DELISTED
US Steel
X
| $449K | ﹤0.01% |
+56,304
| New | +$553K |
|
|
IXYS
2694
DELISTED
IXYS Corp
IXYS
| $449K | ﹤0.01% |
+35,534
| New | +$443K |
|
|
MIME
2695
DELISTED
Mimecast Limited
MIME
| $448K | ﹤0.01% |
+46,624
| New | +$464K |
|
2696
iShares Russell Mid-Cap Growth ETF
IWP
$19.6B
| $445K | ﹤0.01% |
9,684
+3,456
| +55% | +$161K |
|
2697
AGCO
AGCO
$8.96B
| $444K | ﹤0.01% |
9,784
-1,863
| -16% | -$88K |
|
2698
Clarus
CLAR
$128M
| $444K | ﹤0.01% |
100,847
-14,262
| -12% | -$70.1K |
|
2699
Republic Bancorp
RBCAA
$1.97B
| $444K | ﹤0.01% |
16,826
+1,817
| +12% | +$47K |
|
|
HCOM
2700
DELISTED
Hawaiian Telcom Holdco, Inc
HCOM
| $444K | ﹤0.01% |
+17,855
| New | +$424K |
|
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.