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 | |
|---|---|---|---|---|---|---|
776
Insulet
PODD
$11.5B
| $13.4M | 0.03% |
353,272
+35,667
| +11% | +$1.2M |
|
777
United Natural Foods
UNFI
$3.08B
| $13.3M | 0.03% |
+338,676
| New | +$15.9M |
|
778
US Bancorp
USB
$98.2B
| $13.3M | 0.03% |
312,320
-14,681
| -4% | -$628K |
|
779
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $13.3M | 0.03% |
250,000
-50,000
| -17% | -$2.68M |
|
780
Avnet
AVT
$7.29B
| $13.2M | 0.03% |
308,956
-21,550
| -7% | -$969K |
|
|
TVRD
781
Tvardi Therapeutics
TVRD
$19.7M
| $13.2M | 0.03% |
21,702
-1,142
| -5% | -$627K |
|
782
Molina Healthcare
MOH
$10.2B
| $13.2M | 0.03% |
218,933
+177,269
| +425% | +$11.2M |
|
783
Wendy's
WEN
$1.4B
| $13.1M | 0.03% |
1,215,868
+211,113
| +21% | +$2.08M |
|
784
SPX Corp
SPXC
$11B
| $13.1M | 0.03% |
1,401,868
+535,673
| +62% | +$5.82M |
|
785
Photronics
PLAB
$1.79B
| $13M | 0.03% |
1,047,755
+521,920
| +99% | +$5.61M |
|
|
CMA.WS
786
DELISTED
Comerica Incorporated Ws
CMA.WS
| $13M | 0.03% |
930,256
-75,400
| -7% | -$1.16M |
|
|
CIVI
787
DELISTED
Civitas Resources
CIVI
| $13M | 0.03% |
22,110
-3,442
| -13% | -$2.58M |
|
|
WIBC
788
DELISTED
WILSHIRE BANCORP INC
WIBC
| $13M | 0.03% |
1,124,538
+977,960
| +667% | +$11.1M |
|
|
TRVN
789
DELISTED
Trevena, Inc.
TRVN
| $13M | 0.03% |
1,979
-928
| -32% | -$6.22M |
|
|
EVHC
790
CALL
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $13M | 0.03% |
+167,000
| New | +$14.4M |
|
|
ENIA
791
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $12.9M | 0.03% |
1,973,479
+1,427,767
| +262% | +$9.71M |
|
792
BGC Group
BGC
$5.52B
| $12.9M | 0.03% |
2,048,241
-3,942,277
| -66% | -$22.7M |
|
|
OPB
793
DELISTED
Opus Bank Common Stock
OPB
| $12.9M | 0.03% |
347,650
+178,117
| +105% | +$6.7M |
|
794
Lockheed Martin
LMT
$134B
| $12.8M | 0.03% |
59,167
+55,875
| +1,697% | +$12.1M |
|
|
GNC
795
DELISTED
GNC Holdings, Inc.
GNC
| $12.8M | 0.03% |
414,175
-749,381
| -64% | -$25.3M |
|
|
CHL
796
DELISTED
China Mobile Limited
CHL
| $12.8M | 0.03% |
+228,046
| New | +$13.5M |
|
797
PUT
Rockwell Automation
ROK
$53.4B
| $12.8M | 0.03% |
125,000
+25,000
| +25% | +$2.62M |
|
798
Iron Mountain
IRM
$36.4B
| $12.8M | 0.03% |
+474,268
| New | +$13.9M |
|
799
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $12.8M | 0.03% |
177,615
+44,661
| +34% | +$3.16M |
|
|
GAS
800
DELISTED
AGL Resources Inc
GAS
| $12.8M | 0.03% |
200,107
-847,644
| -81% | -$52.9M |
|
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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.