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 | |
|---|---|---|---|---|---|---|
2976
PUT
CNX Resources
CNX
$4.81B
| $251K | ﹤0.01% |
+38,160
| New | +$270K |
|
2977
Liberty Broadband Class C
LBRDK
$4.68B
| $251K | ﹤0.01% |
4,834
-13,776
| -74% | -$730K |
|
|
SP
2978
DELISTED
SP Plus Corporation
SP
| $251K | ﹤0.01% |
10,509
-12,454
| -54% | -$305K |
|
|
NAME
2979
DELISTED
Rightside Group, Ltd.
NAME
| $249K | ﹤0.01% |
29,950
-24,688
| -45% | -$200K |
|
|
BZUN
2980
Baozun
BZUN
$167M
| $248K | ﹤0.01% |
30,176
-100,855
| -77% | -$739K |
|
2981
Goodyear
GT
$2.1B
| $248K | ﹤0.01% |
7,600
-358,290
| -98% | -$11.7M |
|
|
PATI
2982
DELISTED
Patriot Transportation Holding, Inc. Common Stock
PATI
| $248K | ﹤0.01% |
11,002
-6,576
| -37% | -$154K |
|
2983
Marchex
MCHX
$79.3M
| $247K | ﹤0.01% |
63,392
+17,317
| +38% | +$72K |
|
|
MTOR
2984
DELISTED
MERITOR, Inc.
MTOR
| $247K | ﹤0.01% |
29,552
-396,171
| -93% | -$3.96M |
|
|
PFNX
2985
DELISTED
Pfenex Inc.
PFNX
| $247K | ﹤0.01% |
+19,936
| New | +$294K |
|
|
WFBI
2986
DELISTED
WashingtonFirst Bankshares Inc
WFBI
| $247K | ﹤0.01% |
+11,478
| New | +$223K |
|
2987
CONMED
CNMD
$1.34B
| $246K | ﹤0.01% |
5,582
-17,626
| -76% | -$765K |
|
|
QUNR
2988
DELISTED
Qunar Cayman Islands Limited
QUNR
| $246K | ﹤0.01% |
4,664
-74,316
| -94% | -$3.22M |
|
2989
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$771M
| $245K | ﹤0.01% |
15,950
-50,110
| -76% | -$748K |
|
|
ELLI
2990
DELISTED
Ellie Mae Inc
ELLI
| $245K | ﹤0.01% |
4,076
-114,785
| -97% | -$7.52M |
|
2991
LivePerson
LPSN
$22.4M
| $244K | ﹤0.01% |
2,405
-2,659
| -53% | -$303K |
|
2992
Vanguard Small-Cap ETF
VB
$80.1B
| $244K | ﹤0.01% |
2,201
-3,094
| -58% | -$351K |
|
2993
iShares Expanded Tech-Software Sector ETF
IGV
$12.4B
| $243K | ﹤0.01% |
11,680
-32,745
| -74% | -$676K |
|
|
TIS
2994
DELISTED
Orchids Paper Products, Inc.
TIS
| $243K | ﹤0.01% |
+7,849
| New | +$231K |
|
2995
Commercial Metals
CMC
$7.75B
| $241K | ﹤0.01% |
17,624
-668,322
| -97% | -$9.93M |
|
2996
Invesco FTSE RAFI US 1000 ETF
PRF
$9.82B
| $241K | ﹤0.01% |
13,900
+1,350
| +11% | +$23.8K |
|
|
PFSW
2997
DELISTED
PFSweb, Inc.
PFSW
| $241K | ﹤0.01% |
18,727
-88,624
| -83% | -$1.22M |
|
|
TI
2998
DELISTED
Telecom Italia
TI
| $241K | ﹤0.01% |
19,028
-3,172
| -14% | -$39.6K |
|
2999
Argan
AGX
$7.17B
| $240K | ﹤0.01% |
7,396
-10,857
| -59% | -$391K |
|
3000
B2Gold
BTG
$5.13B
| $240K | ﹤0.01% |
235,553
-346,827
| -60% | -$394K |
|
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.