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 | |
|---|---|---|---|---|---|---|
|
HR
476
DELISTED
Healthcare Realty Trust Incorporated
HR
| $24.4M | 0.05% |
982,715
-335,372
| -25% | -$7.99M |
|
|
CMBT
477
CMB.TECH NV
CMBT
$4.69B
| $24.3M | 0.05% |
+1,748,332
| New | +$25.3M |
|
|
HMHC
478
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $24.3M | 0.05% |
1,195,654
+286,564
| +32% | +$6.84M |
|
479
Analog Devices
ADI
$179B
| $24.2M | 0.05% |
428,613
-203,729
| -32% | -$11.8M |
|
480
MGIC Investment
MTG
$6.16B
| $24M | 0.05% |
2,592,554
+2,521,888
| +3,569% | +$26.7M |
|
481
Rockwell Automation
ROK
$53.4B
| $24M | 0.05% |
+236,562
| New | +$26.8M |
|
|
PCP
482
DELISTED
PRECISION CASTPARTS CORP
PCP
| $24M | 0.05% |
104,381
-245,314
| -70% | -$52.7M |
|
483
Edgewell Personal Care
EPC
$1.25B
| $24M | 0.05% |
293,598
+32,964
| +13% | +$2.98M |
|
|
PARA
484
CALL
DELISTED
Paramount Global Class B
PARA
| $23.9M | 0.05% |
+600,000
| New | +$29.1M |
|
485
Markel Group
MKL
$23.3B
| $23.9M | 0.05% |
29,744
+28,689
| +2,719% | +$24.3M |
|
|
CWEI
486
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $23.8M | 0.05% |
614,423
+558,116
| +991% | +$24.5M |
|
487
ScottsMiracle-Gro
SMG
$3.82B
| $23.8M | 0.05% |
391,500
-7,535
| -2% | -$465K |
|
488
Wynn Resorts
WYNN
$10.3B
| $23.8M | 0.05% |
447,346
+127,903
| +40% | +$11.1M |
|
|
MNDT
489
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $23.7M | 0.05% |
+744,938
| New | +$31.1M |
|
|
TSL
490
DELISTED
Trina Solar Limited
TSL
| $23.7M | 0.05% |
2,641,822
+1,751,910
| +197% | +$16.5M |
|
491
DigitalBridge
DBRG
$2.93B
| $23.7M | 0.05% |
411,787
-9,277
| -2% | -$650K |
|
|
VMW
492
CALL
DELISTED
VMware, Inc
VMW
| $23.6M | 0.05% |
+300,000
| New | +$24.9M |
|
493
Prosperity Bancshares
PB
$8.97B
| $23.6M | 0.05% |
480,074
+341,942
| +248% | +$18.1M |
|
|
WRK
494
DELISTED
WestRock Company
WRK
| $23.5M | 0.05% |
+507,925
| New | +$27.2M |
|
495
Mondelez International
MDLZ
$79.5B
| $23.5M | 0.05% |
+561,710
| New | +$24.2M |
|
496
National Health Investors
NHI
$3.72B
| $23.4M | 0.05% |
407,277
-68,836
| -14% | -$4.16M |
|
|
ASNA
497
DELISTED
Ascena Retail Group, Inc.
ASNA
| $23.4M | 0.05% |
84,001
+58,599
| +231% | +$15.3M |
|
|
CELG
498
DELISTED
Celgene Corp
CELG
| $23.3M | 0.05% |
215,206
+177,767
| +475% | +$22.1M |
|
499
Cabot Corp
CBT
$4.54B
| $23.2M | 0.05% |
736,363
+277,524
| +60% | +$9.62M |
|
500
Teekay Tankers
TNK
$2.75B
| $23.2M | 0.05% |
420,762
+406,763
| +2,906% | +$22M |
|
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.