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 | |
|---|---|---|---|---|---|---|
751
Host Hotels & Resorts
HST
$17.2B
| $13.9M | 0.03% |
877,814
+112,829
| +15% | +$2.11M |
|
752
General Mills
GIS
$19.1B
| $13.9M | 0.03% |
+246,867
| New | +$14.1M |
|
753
Group 1 Automotive
GPI
$3.42B
| $13.9M | 0.03% |
+162,670
| New | +$14.6M |
|
|
PCH
754
DELISTED
PotlatchDeltic
PCH
| $13.8M | 0.03% |
477,989
+108,801
| +29% | +$3.65M |
|
755
Armstrong World Industries
AWI
$7.38B
| $13.8M | 0.03% |
288,215
-33,722
| -10% | -$1.85M |
|
756
Telefônica Brasil
VIV
$20.6B
| $13.8M | 0.03% |
1,506,421
+789,547
| +110% | +$9.27M |
|
757
PUT
VanEck Oil Services ETF
OIH
$2.06B
| $13.7M | 0.03% |
+25,000
| New | +$15.3M |
|
758
Phillips 66
PSX
$84.9B
| $13.7M | 0.03% |
178,601
+174,201
| +3,959% | +$13.8M |
|
|
IPXL
759
DELISTED
Impax Laboratories, Inc.
IPXL
| $13.7M | 0.03% |
389,655
-172,128
| -31% | -$7.75M |
|
760
ServiceNow
NOW
$115B
| $13.7M | 0.03% |
986,160
+337,735
| +52% | +$5.05M |
|
761
Best Buy
BBY
$18.2B
| $13.7M | 0.03% |
368,293
-612,420
| -62% | -$21M |
|
762
Tenaris
TS
$28.9B
| $13.6M | 0.03% |
+564,580
| New | +$14.3M |
|
|
GLUU
763
DELISTED
Glu Mobile Inc.
GLUU
| $13.6M | 0.03% |
3,102,323
+467,348
| +18% | +$2.4M |
|
764
Worthington Enterprises
WOR
$2.75B
| $13.5M | 0.03% |
828,446
+541,978
| +189% | +$8.84M |
|
|
FCS
765
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $13.5M | 0.03% |
962,411
+601,155
| +166% | +$8.76M |
|
766
PUT
Meta Platforms (Facebook)
META
$1.42T
| $13.5M | 0.03% |
+150,000
| New | +$13.8M |
|
|
FBR
767
DELISTED
Fibria Celulose Sa
FBR
| $13.4M | 0.03% |
990,028
+708,985
| +252% | +$9.65M |
|
768
Bio-Techne
TECH
$11.2B
| $13.4M | 0.03% |
580,644
+509,656
| +718% | +$12.8M |
|
769
Alliant Energy
LNT
$18.3B
| $13.4M | 0.03% |
458,888
-676,882
| -60% | -$19.9M |
|
770
US Bancorp
USB
$98.2B
| $13.4M | 0.03% |
+327,001
| New | +$14.2M |
|
771
Perrigo
PRGO
$1.4B
| $13.4M | 0.03% |
85,199
-383,124
| -82% | -$70.3M |
|
|
DOC
772
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $13.4M | 0.03% |
886,695
-611,681
| -41% | -$9.4M |
|
|
BLUE
773
DELISTED
bluebird bio
BLUE
| $13.4M | 0.03% |
12,068
+103
| +0.9% | +$188K |
|
|
BRS
774
DELISTED
Bristow Group, Inc.
BRS
| $13.4M | 0.03% |
510,726
-326,011
| -39% | -$13M |
|
775
Travelers Companies
TRV
$78.1B
| $13.3M | 0.03% |
134,112
-476,633
| -78% | -$48.7M |
|
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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.