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 |
DuPont de Nemours
DD
|
+$1.55B |
| 2 |
Comcast
CMCSA
|
+$449M |
| 3 |
SLB Ltd
SLB
|
+$298M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$281M |
| 5 |
Qualcomm
QCOM
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$229M |
| 2 |
Sempra
SRE
|
+$192M |
| 3 |
Bausch Health
BHC
|
+$183M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$175M |
| 5 |
PepsiCo
PEP
|
+$173M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.35% |
| 2 | Energy | 10.93% |
| 3 | Consumer Discretionary | 8.63% |
| 4 | Financials | 8.18% |
| 5 | Technology | 7.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Global Payments
GPN
$23B
| $27.8M | 0.05% |
485,046
-1,232,650
| -72% | -$68.4M |
|
427
W.R. Berkley
WRB
$26.9B
| $27.8M | 0.05% |
1,726,464
+728,787
| +73% | +$11.9M |
|
|
SWFT
428
DELISTED
Swift Transportation Company
SWFT
| $27.7M | 0.05% |
1,843,817
+1,200,256
| +187% | +$25.3M |
|
429
Kraft Heinz
KHC
$30.7B
| $27.7M | 0.05% |
+392,140
| New | +$29.6M |
|
430
Capital One
COF
$128B
| $27.5M | 0.05% |
+379,553
| New | +$30.5M |
|
431
PENN Entertainment
PENN
$2.75B
| $27.5M | 0.05% |
1,640,136
+557,712
| +52% | +$10.2M |
|
|
HOUS
432
DELISTED
Anywhere Real Estate
HOUS
| $27.4M | 0.05% |
+728,883
| New | +$31.8M |
|
|
CLVS
433
DELISTED
Clovis Oncology, Inc.
CLVS
| $27.4M | 0.05% |
+297,805
| New | +$25.8M |
|
|
AL
434
DELISTED
Air Lease Corp
AL
| $27.3M | 0.05% |
884,407
-103,196
| -10% | -$3.44M |
|
|
MDVN
435
DELISTED
MEDIVATION, INC.
MDVN
| $27.3M | 0.05% |
641,400
+85,140
| +15% | +$4.22M |
|
436
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $27.2M | 0.05% |
142,100
-3,945,100
| -97% | -$800M |
|
437
Illinois Tool Works
ITW
$82.6B
| $27.2M | 0.05% |
330,296
+42,550
| +15% | +$3.72M |
|
438
PUT
Transocean
RIG
$5.89B
| $27.2M | 0.05% |
+2,103,700
| New | +$29.2M |
|
|
ESL
439
DELISTED
Esterline Technologies
ESL
| $27.1M | 0.05% |
377,062
+291,835
| +342% | +$24.8M |
|
440
Viatris
VTRS
$20.4B
| $27M | 0.05% |
671,445
+246,263
| +58% | +$13.7M |
|
441
Crown Holdings
CCK
$12.8B
| $27M | 0.05% |
590,096
+296,089
| +101% | +$15M |
|
442
Oil States International
OIS
$489M
| $26.9M | 0.05% |
1,029,125
+1,019,067
| +10,132% | +$30.2M |
|
|
VR
443
DELISTED
Validus Hold Ltd
VR
| $26.9M | 0.05% |
595,930
+424,555
| +248% | +$19.2M |
|
|
RHT
444
DELISTED
Red Hat Inc
RHT
| $26.7M | 0.05% |
371,625
-310,275
| -46% | -$23.4M |
|
|
PXD
445
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $26.6M | 0.05% |
218,700
+147,700
| +208% | +$18.4M |
|
446
Aptiv
APTV
$12B
| $26.4M | 0.05% |
347,239
+191,450
| +123% | +$14.7M |
|
447
Robert Half
RHI
$3.87B
| $26.4M | 0.05% |
515,895
+407,430
| +376% | +$21.9M |
|
|
ROIC
448
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $26.3M | 0.05% |
1,591,893
-259,166
| -14% | -$4.28M |
|
449
Acadia Pharmaceuticals
ACAD
$4.43B
| $26.3M | 0.05% |
795,025
-255,004
| -24% | -$10.6M |
|
450
Rio Tinto
RIO
$158B
| $26.2M | 0.05% |
776,135
+501,882
| +183% | +$18.8M |
|
Similar funds
Millennium Management's Q3 2015 Portfolio in Review
As of Q3 2015, Millennium Management held 4,098 positions worth $51.6B, down 2.3% from $52.9B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Millennium Management deployed $5.12B of net new capital in Q3 2015, opening 840 new positions and adding to 1,320 existing holdings. Its largest new stake was BP: 4,551,492 shares worth $117M.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, down from 14% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Alexion Pharmaceuticals, an estimated $229M trimmed.
- Millennium Management's largest Q3 2015 buy was BP: 4,551,492 shares worth $117M.
- Millennium Management added most to DuPont de Nemours in Q3 2015, an estimated $1.55B increase.
- Millennium Management's biggest Q3 2015 reduction was Alexion Pharmaceuticals, cutting an estimated $229M.
- Millennium Management fully exited PepsiCo in Q3 2015, selling an estimated $173M.
- Millennium Management's ten largest holdings make up 14% of its $51.6B portfolio in Q3 2015.
- Millennium Management opened 840 new positions and closed 681 in Q3 2015.
- Millennium Management's portfolio value fell 2.3% quarter-over-quarter to $51.6B.
Based on Millennium Management's 13F filing for Q3 2015, filed 16 Nov 2015.