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 | |
|---|---|---|---|---|---|---|
|
TTM
2751
DELISTED
Tata Motors Limited
TTM
| $402K | ﹤0.01% |
13,626
-830,922
| -98% | -$24.1M |
|
|
QIWI
2752
DELISTED
QIWI PLC
QIWI
| $402K | ﹤0.01% |
22,386
-8,429
| -27% | -$155K |
|
|
SOL
2753
DELISTED
Emeren Group
SOL
| $401K | ﹤0.01% |
+47,130
| New | +$331K |
|
2754
Exelixis
EXEL
$14.2B
| $400K | ﹤0.01% |
+70,889
| New | +$397K |
|
|
HMHC
2755
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $400K | ﹤0.01% |
18,369
-1,177,285
| -98% | -$23.7M |
|
2756
Axos Financial
AX
$5.64B
| $397K | ﹤0.01% |
+18,881
| New | +$445K |
|
|
ZNH
2757
DELISTED
China Southern Airlines Company Limited
ZNH
| $397K | ﹤0.01% |
+10,397
| New | +$400K |
|
2758
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $396K | ﹤0.01% |
+10,117
| New | +$408K |
|
|
GES
2759
DELISTED
Guess Inc
GES
| $395K | ﹤0.01% |
20,923
-738,638
| -97% | -$15.2M |
|
2760
VanEck Vietnam ETF
VNM
$479M
| $395K | ﹤0.01% |
+26,738
| New | +$433K |
|
2761
Invesco S&P 500 Top 50 ETF
XLG
$10.4B
| $395K | ﹤0.01% |
+27,340
| New | +$395K |
|
|
CYTR
2762
DELISTED
CytRx Corp
CYTR
| $395K | ﹤0.01% |
24,832
+12,982
| +110% | +$223K |
|
2763
Forestar Group
FOR
$1.5B
| $394K | ﹤0.01% |
+36,040
| New | +$470K |
|
2764
iShares MSCI ACWI ETF
ACWI
$32.5B
| $393K | ﹤0.01% |
+7,038
| New | +$402K |
|
|
ANSS
2765
DELISTED
Ansys
ANSS
| $393K | ﹤0.01% |
+4,252
| New | +$392K |
|
2766
ProShares UltraShort Yen
YCS
$31.7M
| $393K | ﹤0.01% |
17,896
+2,656
| +17% | +$59.6K |
|
|
ZEN
2767
DELISTED
ZENDESK INC
ZEN
| $393K | ﹤0.01% |
14,882
-162,635
| -92% | -$3.81M |
|
|
PSTB
2768
DELISTED
Park Sterling Corp.
PSTB
| $393K | ﹤0.01% |
53,638
+4,262
| +9% | +$31.4K |
|
|
MESO
2769
Mesoblast
MESO
$1.87B
| $392K | ﹤0.01% |
+30,781
| New | +$376K |
|
|
FLTX
2770
DELISTED
Fleetmatics Group PLC
FLTX
| $391K | ﹤0.01% |
+7,700
| New | +$427K |
|
2771
Westwood Holdings Group
WHG
$187M
| $390K | ﹤0.01% |
+7,496
| New | +$422K |
|
|
OCSI
2772
DELISTED
Oaktree Strategic Income Corporation
OCSI
| $390K | ﹤0.01% |
45,500
-20,100
| -31% | -$172K |
|
|
VVUS
2773
DELISTED
Vivus Inc
VVUS
| $390K | ﹤0.01% |
38,264
-23,179
| -38% | -$314K |
|
2774
Autohome
ATHM
$2.65B
| $389K | ﹤0.01% |
11,148
-66,533
| -86% | -$2.24M |
|
2775
Neurogene
NGNE
$663M
| $389K | ﹤0.01% |
1,560
-1,241
| -44% | -$327K |
|
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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.