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 | |
|---|---|---|---|---|---|---|
|
P
251
DELISTED
Pandora Media Inc
P
| $47.8M | 0.09% |
2,240,320
+927,594
| +71% | +$16.3M |
|
|
EQY
252
DELISTED
Equity One
EQY
| $47.8M | 0.09% |
1,962,100
+1,129,333
| +136% | +$27.5M |
|
253
Kroger
KR
$35.4B
| $47.5M | 0.09% |
1,315,913
+1,255,803
| +2,089% | +$46.6M |
|
|
STI
254
DELISTED
SunTrust Banks, Inc.
STI
| $47.2M | 0.09% |
1,234,922
+742,670
| +151% | +$31.1M |
|
|
GNC
255
DELISTED
GNC Holdings, Inc.
GNC
| $47M | 0.09% |
1,163,556
+1,107,159
| +1,963% | +$50.5M |
|
|
256
Bausch Health
BHC
$2.58B
| $46.7M | 0.09% |
261,591
-783,373
| -75% | -$183M |
|
257
CALL
Chevron
CVX
$392B
| $46.6M | 0.09% |
+591,300
| New | +$49.8M |
|
258
East-West Bancorp
EWBC
$17.9B
| $46.4M | 0.09% |
1,208,430
+258,478
| +27% | +$10.9M |
|
259
News Corp Class A
NWSA
$14.9B
| $46.2M | 0.09% |
3,661,778
+1,030,686
| +39% | +$14.3M |
|
260
Newmont
NEM
$98.7B
| $45.8M | 0.09% |
2,851,330
-997,426
| -26% | -$17.9M |
|
261
Regal Rexnord
RRX
$13.7B
| $45.7M | 0.09% |
809,541
+421,990
| +109% | +$28.2M |
|
262
Fidelity National Financial
FNF
$13.9B
| $45.6M | 0.09% |
1,850,177
+1,380,428
| +294% | +$36.2M |
|
|
PNRA
263
DELISTED
Panera Bread Co
PNRA
| $45.4M | 0.09% |
234,848
-87,976
| -27% | -$16.4M |
|
|
NBIS
264
Nebius Group N.V.
NBIS
$48.3B
| $45.4M | 0.09% |
4,229,137
+3,626,582
| +602% | +$47.3M |
|
265
KeyCorp
KEY
$24.2B
| $45.3M | 0.09% |
3,483,424
-557,492
| -14% | -$7.92M |
|
|
CSC
266
DELISTED
Computer Sciences
CSC
| $45.3M | 0.09% |
1,750,856
+757,784
| +76% | +$20.5M |
|
267
First Solar
FSLR
$22.7B
| $45.2M | 0.09% |
1,056,748
+858,188
| +432% | +$39.7M |
|
268
Trex
TREX
$4.51B
| $45.2M | 0.09% |
+5,419,596
| New | +$55.7M |
|
|
PTLA
269
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $45.1M | 0.09% |
1,058,315
+637,956
| +152% | +$30.8M |
|
270
Target
TGT
$65.6B
| $45M | 0.09% |
571,924
+276,610
| +94% | +$22.1M |
|
271
Macy's
M
$6.53B
| $45M | 0.09% |
876,336
+867,911
| +10,302% | +$54.4M |
|
272
Oracle
ORCL
$374B
| $44.9M | 0.09% |
1,242,048
+1,148,286
| +1,225% | +$44.1M |
|
273
HP
HPQ
$24.9B
| $44.8M | 0.09% |
3,855,222
-5,637,327
| -59% | -$73.2M |
|
274
Ralph Lauren
RL
$22.6B
| $44.8M | 0.09% |
379,343
+151,502
| +66% | +$18M |
|
275
Cheniere Energy
LNG
$55.2B
| $44.6M | 0.09% |
922,709
+202,088
| +28% | +$12.5M |
|
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.