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 | |
|---|---|---|---|---|---|---|
2876
Community Trust Bancorp
CTBI
$1.42B
| $317K | ﹤0.01% |
9,071
+246
| +3% | +$8.66K |
|
2877
Healthcare Services Group
HCSG
$1.63B
| $317K | ﹤0.01% |
+9,095
| New | +$331K |
|
|
ESI
2878
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $314K | ﹤0.01% |
84,220
-171,005
| -67% | -$588K |
|
2879
Cognex
CGNX
$10B
| $313K | ﹤0.01% |
18,564
-213,848
| -92% | -$3.81M |
|
2880
Universal Display
OLED
$3.85B
| $312K | ﹤0.01% |
+5,726
| New | +$252K |
|
2881
Omnicell
OMCL
$1.96B
| $312K | ﹤0.01% |
10,049
-28,720
| -74% | -$847K |
|
2882
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.91B
| $312K | ﹤0.01% |
+3,703
| New | +$317K |
|
2883
Vanguard FTSE All-World ex-US ETF
VEU
$65.6B
| $310K | ﹤0.01% |
+7,132
| New | +$319K |
|
|
SPIL
2884
DELISTED
Siliconware Precision Industries Co Ltd
SPIL
| $310K | ﹤0.01% |
39,950
-118,283
| -75% | -$822K |
|
2885
Kenon Holdings
KEN
$3.51B
| $309K | ﹤0.01% |
+30,851
| New | +$353K |
|
2886
Matador Resources
MTDR
$5.73B
| $309K | ﹤0.01% |
15,649
+3,094
| +25% | +$75.5K |
|
2887
iShares S&P Small-Cap 600 Value ETF
IJS
$8.2B
| $308K | ﹤0.01% |
5,702
-5,410
| -49% | -$300K |
|
2888
iShares Core S&P Total US Stock Market ETF
ITOT
$93.7B
| $308K | ﹤0.01% |
6,638
+550
| +9% | +$25.8K |
|
2889
ResMed
RMD
$30.3B
| $308K | ﹤0.01% |
5,731
-275,140
| -98% | -$15.5M |
|
2890
LCI Industries
LCII
$2.62B
| $307K | ﹤0.01% |
+5,050
| New | +$300K |
|
|
GEN
2891
DELISTED
Genesis Healthcare, Inc.
GEN
| $307K | ﹤0.01% |
88,502
+51,079
| +136% | +$245K |
|
2892
Comstock Resources
CRK
$3.64B
| $306K | ﹤0.01% |
32,749
-38,528
| -54% | -$461K |
|
2893
Evolent Health
EVH
$421M
| $305K | ﹤0.01% |
25,211
-106,065
| -81% | -$1.56M |
|
|
AAIC
2894
DELISTED
Arlington Asset Investment Corp.
AAIC
| $304K | ﹤0.01% |
22,998
-120,802
| -84% | -$1.7M |
|
|
ACTA
2895
DELISTED
Actua Corp
ACTA
| $303K | ﹤0.01% |
26,439
-19,171
| -42% | -$230K |
|
2896
Arcos Dorados Holdings
ARCO
$1.77B
| $301K | ﹤0.01% |
+99,596
| New | +$301K |
|
2897
Natural Gas Services Group
NGS
$460M
| $301K | ﹤0.01% |
13,488
+1,460
| +12% | +$31.7K |
|
|
AFMD
2898
DELISTED
Affimed
AFMD
| $300K | ﹤0.01% |
+4,217
| New | +$286K |
|
2899
Assured Guaranty
AGO
$3.79B
| $299K | ﹤0.01% |
11,301
-267,757
| -96% | -$7.18M |
|
|
LNW
2900
DELISTED
Light & Wonder
LNW
| $299K | ﹤0.01% |
33,387
-27,547
| -45% | -$265K |
|
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.