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 | |
|---|---|---|---|---|---|---|
2776
Schwab US REIT ETF
SCHH
$11.7B
| $389K | ﹤0.01% |
19,642
+1,042
| +6% | +$20.4K |
|
|
HCCI
2777
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $386K | ﹤0.01% |
+36,395
| New | +$386K |
|
2778
First Trust US Equity Opportunities ETF
FPX
$1.47B
| $384K | ﹤0.01% |
7,518
-10,548
| -58% | -$544K |
|
2779
WhiteHorse Finance
WHF
$139M
| $383K | ﹤0.01% |
33,381
+10,340
| +45% | +$127K |
|
|
PCL
2780
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $382K | ﹤0.01% |
+8,000
| New | +$363K |
|
|
HTO
2781
H2O America
HTO
$2.69B
| $381K | ﹤0.01% |
+12,860
| New | +$393K |
|
|
APIC
2782
DELISTED
Apigee Corporation Common Stock
APIC
| $381K | ﹤0.01% |
47,507
+10,732
| +29% | +$93.6K |
|
|
DHIL
2783
DELISTED
Diamond Hill
DHIL
| $380K | ﹤0.01% |
+2,012
| New | +$403K |
|
2784
Arrowhead Research
ARWR
$12.1B
| $378K | ﹤0.01% |
61,485
-572,578
| -90% | -$3.25M |
|
2785
Universal Corp
UVV
$1.36B
| $378K | ﹤0.01% |
+6,738
| New | +$369K |
|
|
JONE
2786
DELISTED
Jones Energy, Inc.
JONE
| $378K | ﹤0.01% |
+5,333
| New | +$479K |
|
2787
Ingles Markets
IMKTA
$1.71B
| $377K | ﹤0.01% |
+8,552
| New | +$427K |
|
|
VIVS
2788
VivoSim Labs
VIVS
$1.33M
| $377K | ﹤0.01% |
630
-52
| -8% | -$37.7K |
|
2789
iShares MSCI Spain ETF
EWP
$2.08B
| $376K | ﹤0.01% |
+13,303
| New | +$409K |
|
|
QLGC
2790
DELISTED
QLOGIC CORP
QLGC
| $376K | ﹤0.01% |
30,856
-358
| -1% | -$4.34K |
|
2791
Blackrock
BLK
$170B
| $375K | ﹤0.01% |
+1,100
| New | +$374K |
|
2792
WisdomTree US LargeCap Dividend Fund
DLN
$6.29B
| $375K | ﹤0.01% |
+10,534
| New | +$377K |
|
2793
Invesco Large Cap Value ETF
PWV
$1.7B
| $375K | ﹤0.01% |
+12,882
| New | +$380K |
|
2794
EnerSys
ENS
$6.69B
| $374K | ﹤0.01% |
+6,693
| New | +$405K |
|
2795
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.2B
| $374K | ﹤0.01% |
+7,479
| New | +$374K |
|
|
AOI
2796
DELISTED
Alliance One International
AOI
| $373K | ﹤0.01% |
32,510
-47,024
| -59% | -$718K |
|
|
CAVM
2797
DELISTED
Cavium, Inc.
CAVM
| $372K | ﹤0.01% |
5,661
-535,384
| -99% | -$36.1M |
|
2798
ATI
ATI
$25.5B
| $371K | ﹤0.01% |
32,998
-866,527
| -96% | -$11.9M |
|
|
UCFC
2799
DELISTED
United Community Financial Corp
UCFC
| $371K | ﹤0.01% |
62,893
+20,595
| +49% | +$116K |
|
2800
Gladstone Capital
GLAD
$436M
| $370K | ﹤0.01% |
+25,340
| New | +$425K |
|
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.