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 | |
|---|---|---|---|---|---|---|
|
UHT
2901
Universal Health Realty Income Trust
UHT
$627M
| $299K | ﹤0.01% |
5,976
-10,721
| -64% | -$536K |
|
2902
Shake Shack
SHAK
$2.55B
| $297K | ﹤0.01% |
+7,499
| New | +$329K |
|
2903
FirstService
FSV
$6.58B
| $295K | ﹤0.01% |
+7,300
| New | +$269K |
|
|
PWE
2904
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $294K | ﹤0.01% |
351,487
-389,116
| -53% | -$413K |
|
2905
Vanguard Growth ETF
VUG
$216B
| $292K | ﹤0.01% |
16,452
-93,420
| -85% | -$1.67M |
|
|
BBG
2906
DELISTED
Bill Barrett Corp
BBG
| $292K | ﹤0.01% |
74,374
-204,078
| -73% | -$1.05M |
|
|
CASC
2907
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $292K | ﹤0.01% |
21,951
-4,466
| -17% | -$76.9K |
|
2908
Duluth Holdings
DLTH
$163M
| $291K | ﹤0.01% |
+19,960
| New | +$301K |
|
2909
iShares MSCI Germany ETF
EWG
$1.56B
| $291K | ﹤0.01% |
+11,123
| New | +$295K |
|
2910
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.32B
| $286K | ﹤0.01% |
+6,116
| New | +$287K |
|
|
ENLC
2911
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $286K | ﹤0.01% |
18,937
-344,934
| -95% | -$6.21M |
|
2912
iShares MSCI Canada ETF
EWC
$6.18B
| $284K | ﹤0.01% |
+13,223
| New | +$307K |
|
|
CYNO
2913
DELISTED
Cynosure, Inc. Class A
CYNO
| $284K | ﹤0.01% |
6,352
-30,606
| -83% | -$1.16M |
|
2914
CAE Inc. Common Shares
CAE
$8.48B
| $283K | ﹤0.01% |
25,509
+10,028
| +65% | +$112K |
|
|
EXK
2915
Endeavour Silver
EXK
$2.29B
| $283K | ﹤0.01% |
199,477
-171,623
| -46% | -$266K |
|
|
ODP
2916
CALL
DELISTED
ODP
ODP
| $282K | ﹤0.01% |
+5,000
| New | +$333K |
|
|
SBR
2917
Sabine Royalty Trust
SBR
$1.07B
| $282K | ﹤0.01% |
10,722
+2,528
| +31% | +$78.9K |
|
2918
MakeMyTrip
MMYT
$5.1B
| $281K | ﹤0.01% |
+16,399
| New | +$271K |
|
2919
Walker & Dunlop
WD
$1.75B
| $281K | ﹤0.01% |
+9,737
| New | +$281K |
|
|
AVHI
2920
DELISTED
A V Homes, Inc.
AVHI
| $280K | ﹤0.01% |
+21,827
| New | +$290K |
|
|
RSX
2921
DELISTED
VanEck Russia ETF
RSX
| $279K | ﹤0.01% |
+19,056
| New | +$312K |
|
|
ARQL
2922
DELISTED
Arqule Inc
ARQL
| $279K | ﹤0.01% |
128,645
+18,190
| +16% | +$40.9K |
|
|
DTLK
2923
DELISTED
Datalink Corp
DTLK
| $279K | ﹤0.01% |
41,007
-44,949
| -52% | -$319K |
|
|
SKUL
2924
DELISTED
SKULLCANDY INC
SKUL
| $279K | ﹤0.01% |
58,951
-19,049
| -24% | -$94.3K |
|
|
BFIN
2925
DELISTED
BankFinancial
BFIN
| $278K | ﹤0.01% |
22,008
+4,860
| +28% | +$61.8K |
|
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.