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 | |
|---|---|---|---|---|---|---|
601
Dentsply Sirona
XRAY
$2.68B
| $18.4M | 0.04% |
364,836
+244,997
| +204% | +$13M |
|
602
Honeywell
HON
$77B
| $18.4M | 0.04% |
216,569
-110,582
| -34% | -$10.1M |
|
603
JB Hunt Transport Services
JBHT
$25.5B
| $18.4M | 0.04% |
257,507
-610,799
| -70% | -$48.4M |
|
|
HIFR
604
DELISTED
InfraREIT, Inc.
HIFR
| $18.4M | 0.04% |
776,454
-242,866
| -24% | -$7.11M |
|
605
Silicon Motion
SIMO
$8.6B
| $18.2M | 0.04% |
667,376
+53,038
| +9% | +$1.42M |
|
|
CNCE
606
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $18.2M | 0.04% |
971,019
+406,209
| +72% | +$6.9M |
|
607
HEICO Corp
HEI
$49.8B
| $18.2M | 0.04% |
910,203
+600,777
| +194% | +$13.1M |
|
608
Allegiant Air
ALGT
$2.64B
| $18.2M | 0.04% |
84,137
+83,131
| +8,264% | +$17.4M |
|
|
QTS
609
DELISTED
QTS REALTY TRUST, INC.
QTS
| $18.1M | 0.04% |
414,490
-207,839
| -33% | -$8.48M |
|
|
SNBR
610
DELISTED
Sleep Number
SNBR
| $18.1M | 0.04% |
827,308
+390,995
| +90% | +$9.98M |
|
611
Spectrum Brands
SPB
$2.04B
| $18.1M | 0.04% |
197,651
+81,216
| +70% | +$8.08M |
|
612
TripAdvisor
TRIP
$1.65B
| $18.1M | 0.04% |
286,969
+72,604
| +34% | +$5.49M |
|
613
Tenet Healthcare
THC
$20.5B
| $18.1M | 0.04% |
488,915
-1,204,769
| -71% | -$62.2M |
|
|
DF
614
DELISTED
Dean Foods Company
DF
| $18M | 0.03% |
1,091,736
-1,210,012
| -53% | -$20.7M |
|
615
XPO
XPO
$23.5B
| $18M | 0.03% |
2,186,651
-2,146,690
| -50% | -$28.2M |
|
616
The GEO Group
GEO
$4.13B
| $17.9M | 0.03% |
902,465
-144,565
| -14% | -$3.19M |
|
617
Revvity
RVTY
$12.6B
| $17.8M | 0.03% |
388,301
+225,306
| +138% | +$11.2M |
|
618
Textron
TXT
$14.7B
| $17.8M | 0.03% |
473,990
-173,251
| -27% | -$7.18M |
|
619
CubeSmart
CUBE
$9.39B
| $17.8M | 0.03% |
654,215
+178,681
| +38% | +$4.57M |
|
|
CCP
620
DELISTED
Care Capital Properties, Inc.
CCP
| $17.8M | 0.03% |
+540,496
| New | +$17.5M |
|
|
AERI
621
CALL
DELISTED
Aerie Pharmaceuticals
AERI
| $17.7M | 0.03% |
+1,000,000
| New | +$18.1M |
|
622
Zebra Technologies
ZBRA
$14B
| $17.7M | 0.03% |
231,463
+101,464
| +78% | +$9.57M |
|
|
CEMP
623
DELISTED
Cempra, Inc.
CEMP
| $17.6M | 0.03% |
632,252
+438,476
| +226% | +$16.3M |
|
624
PUT
Charter Communications
CHTR
$17.3B
| $17.6M | 0.03% |
100,000
| – | – |
|
625
NCR Voyix
VYX
$1.14B
| $17.6M | 0.03% |
1,259,501
+119,955
| +11% | +$2M |
|
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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.