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 | |
|---|---|---|---|---|---|---|
|
XLNX
526
DELISTED
Xilinx Inc
XLNX
| $22.5M | 0.05% |
479,410
+147,177
| +44% | +$6.95M |
|
527
EastGroup Properties
EGP
$11.2B
| $22.5M | 0.05% |
404,679
-69,537
| -15% | -$3.92M |
|
528
Ashland
ASH
$3.33B
| $22.5M | 0.05% |
447,008
-431,475
| -49% | -$22.7M |
|
529
Target
TGT
$65.6B
| $22.4M | 0.05% |
308,931
-262,993
| -46% | -$19.6M |
|
530
Nexstar Media Group
NXST
$5.82B
| $22.4M | 0.05% |
381,530
-411,060
| -52% | -$22.7M |
|
531
Ulta Beauty
ULTA
$22B
| $22.3M | 0.05% |
120,798
+118,497
| +5,150% | +$20.5M |
|
532
First Financial Bancorp
FFBC
$3.55B
| $22.3M | 0.05% |
1,235,343
+595,863
| +93% | +$11.4M |
|
533
Kilroy Realty
KRC
$4.52B
| $22.3M | 0.05% |
351,611
+98,458
| +39% | +$6.46M |
|
534
Radian Group
RDN
$5.18B
| $22.2M | 0.05% |
1,657,920
+1,565,640
| +1,697% | +$23M |
|
535
Dave & Buster's
PLAY
$377M
| $22.2M | 0.05% |
531,663
+81,222
| +18% | +$3.18M |
|
|
BWP
536
DELISTED
Boardwalk Pipeline Partners
BWP
| $22.1M | 0.05% |
1,703,489
+1,481,406
| +667% | +$18.3M |
|
537
Cigna
CI
$73.7B
| $22.1M | 0.05% |
151,035
+96,665
| +178% | +$13.3M |
|
|
TCF
538
DELISTED
TCF Financial Corporation Common Stock
TCF
| $22.1M | 0.05% |
644,524
+3,478
| +0.5% | +$121K |
|
539
Global Payments
GPN
$23B
| $21.9M | 0.05% |
340,224
-144,822
| -30% | -$9.77M |
|
|
ACOR
540
DELISTED
Acorda Therapeutics
ACOR
| $21.9M | 0.05% |
4,267
-2,723
| -39% | -$11.9M |
|
541
Travel + Leisure Co
TNL
$4.66B
| $21.9M | 0.05% |
667,823
+174,589
| +35% | +$6.02M |
|
|
CPHD
542
DELISTED
Cepheid Inc
CPHD
| $21.9M | 0.05% |
598,906
-540,513
| -47% | -$19.2M |
|
|
UNIT
543
Uniti Group
UNIT
$2.36B
| $21.9M | 0.05% |
1,170,105
+635,371
| +119% | +$12.2M |
|
544
Ultragenyx Pharmaceutical
RARE
$2.45B
| $21.8M | 0.05% |
194,190
-347,499
| -64% | -$34.7M |
|
|
CIT
545
DELISTED
CIT Group Inc.
CIT
| $21.5M | 0.05% |
542,665
+447,272
| +469% | +$18.8M |
|
546
Cadence Design Systems
CDNS
$93.6B
| $21.5M | 0.05% |
+1,034,737
| New | +$22.5M |
|
|
JOY
547
DELISTED
Joy Global Inc
JOY
| $21.4M | 0.05% |
1,698,284
+677,676
| +66% | +$10.2M |
|
|
ARRY
548
DELISTED
Array Biopharma Inc
ARRY
| $21.4M | 0.05% |
5,073,989
+2,441,967
| +93% | +$11.1M |
|
549
National Health Investors
NHI
$3.72B
| $21.3M | 0.04% |
350,421
-56,856
| -14% | -$3.39M |
|
|
DOOR
550
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $21.3M | 0.04% |
348,347
+88,172
| +34% | +$5.49M |
|
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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.