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 | |
|---|---|---|---|---|---|---|
|
DYAX
351
DELISTED
DYAX CORPORATION
DYAX
| $35.6M | 0.07% |
947,540
+659,811
| +229% | +$21.2M |
|
|
LPNT
352
DELISTED
LifePoint Health, Inc.
LPNT
| $35.6M | 0.07% |
485,269
+393,718
| +430% | +$28M |
|
|
MJN
353
DELISTED
Mead Johnson Nutrition Company
MJN
| $35.5M | 0.07% |
450,058
-1,019,041
| -69% | -$80.3M |
|
354
Helix Energy Solutions
HLX
$1.4B
| $35.5M | 0.07% |
6,744,555
+1,562,562
| +30% | +$9.06M |
|
355
SiriusXM
SIRI
$9.98B
| $35.2M | 0.07% |
865,202
+533,022
| +160% | +$21.5M |
|
356
MGM Resorts International
MGM
$11.4B
| $35.1M | 0.07% |
1,547,033
-19,529
| -1% | -$431K |
|
|
VMW
357
DELISTED
VMware, Inc
VMW
| $35M | 0.07% |
618,770
-88,724
| -13% | -$5.52M |
|
|
GGP
358
DELISTED
GGP Inc.
GGP
| $34.9M | 0.07% |
1,284,027
-1,899,496
| -60% | -$51.1M |
|
359
United Therapeutics
UTHR
$25.8B
| $34.9M | 0.07% |
222,888
+6,792
| +3% | +$989K |
|
360
Capital One
COF
$128B
| $34.9M | 0.07% |
483,515
+103,962
| +27% | +$7.96M |
|
361
OGE Energy
OGE
$9.78B
| $34.8M | 0.07% |
1,324,075
+1,036,878
| +361% | +$27.8M |
|
|
DPLO
362
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $34.8M | 0.07% |
1,016,467
+834,628
| +459% | +$26M |
|
|
SCHW
363
Charles Schwab
SCHW
$183B
| $34.7M | 0.07% |
1,055,147
+1,031,159
| +4,299% | +$32.6M |
|
364
Watsco Inc
WSO
$12.7B
| $34.7M | 0.07% |
296,411
+80,119
| +37% | +$9.88M |
|
365
Toronto Dominion Bank
TD
$198B
| $34.6M | 0.07% |
883,370
+807,415
| +1,063% | +$32.7M |
|
|
PRXL
366
DELISTED
Parexel International Corp
PRXL
| $34.6M | 0.07% |
507,916
+472,202
| +1,322% | +$30.7M |
|
367
Costco
COST
$422B
| $34.6M | 0.07% |
214,119
+207,617
| +3,193% | +$32.8M |
|
|
SYNH
368
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $34.6M | 0.07% |
712,675
+309,034
| +77% | +$13.7M |
|
|
ACAS
369
DELISTED
American Capital Ltd
ACAS
| $34.5M | 0.07% |
2,501,912
+1,067,715
| +74% | +$14.6M |
|
|
HOUS
370
DELISTED
Anywhere Real Estate
HOUS
| $34.4M | 0.07% |
939,207
+210,324
| +29% | +$8.31M |
|
371
Charles River Laboratories
CRL
$11.2B
| $34.4M | 0.07% |
428,289
+107,847
| +34% | +$7.78M |
|
372
Take-Two Interactive
TTWO
$45.4B
| $34.4M | 0.07% |
988,108
-419,019
| -30% | -$14.1M |
|
373
Entergy
ETR
$50.2B
| $34.3M | 0.07% |
1,003,204
-657,092
| -40% | -$22.1M |
|
|
XLRN
374
DELISTED
Acceleron Pharma
XLRN
| $34.2M | 0.07% |
702,177
+553,484
| +372% | +$19.9M |
|
375
Post Holdings
POST
$4.14B
| $34M | 0.07% |
841,922
+628,434
| +294% | +$26M |
|
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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.