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 | |
|---|---|---|---|---|---|---|
|
SPWR
876
DELISTED
SunPower Corporation Common Stock
SPWR
| $11.1M | 0.02% |
562,976
+394,275
| +234% | +$6.59M |
|
877
NETGEAR
NTGR
$648M
| $11.1M | 0.02% |
263,671
-100,036
| -28% | -$4.04M |
|
878
Constellium
CSTM
$3.76B
| $11M | 0.02% |
+1,433,211
| New | +$9.99M |
|
|
INVX
879
Innovex International
INVX
$1.96B
| $11M | 0.02% |
186,042
-203,386
| -52% | -$12.6M |
|
|
CLR
880
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $11M | 0.02% |
478,324
+313,914
| +191% | +$10M |
|
|
KNGT
881
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $11M | 0.02% |
452,358
+192,613
| +74% | +$4.67M |
|
|
FOE
882
DELISTED
Ferro Corporation
FOE
| $10.9M | 0.02% |
982,862
+681,001
| +226% | +$8.08M |
|
|
CCP
883
DELISTED
Care Capital Properties, Inc.
CCP
| $10.9M | 0.02% |
355,906
-184,590
| -34% | -$5.88M |
|
884
Sabra Healthcare REIT
SBRA
$5.34B
| $10.9M | 0.02% |
537,531
+407,297
| +313% | +$8.58M |
|
885
CALL
Incyte
INCY
$24.2B
| $10.8M | 0.02% |
100,000
-400,000
| -80% | -$44.6M |
|
|
WMGI
886
DELISTED
Wright Medical Group Inc
WMGI
| $10.8M | 0.02% |
448,186
+37,410
| +9% | +$811K |
|
|
DGI
887
DELISTED
DigitalGlobe Inc.
DGI
| $10.8M | 0.02% |
691,343
+549,500
| +387% | +$9.62M |
|
|
MDRX
888
DELISTED
Veradigm Inc. Common Stock
MDRX
| $10.8M | 0.02% |
699,188
+65,549
| +10% | +$940K |
|
|
BRCD
889
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $10.7M | 0.02% |
1,170,352
-5,235,751
| -82% | -$51.5M |
|
890
Cincinnati Financial
CINF
$27.3B
| $10.7M | 0.02% |
181,331
+49,689
| +38% | +$2.94M |
|
|
TBI
891
Trueblue
TBI
$215M
| $10.7M | 0.02% |
416,316
+333,646
| +404% | +$9M |
|
892
Oneok
OKE
$57.2B
| $10.7M | 0.02% |
433,955
+423,855
| +4,197% | +$12.7M |
|
893
Community Health Systems
CYH
$393M
| $10.7M | 0.02% |
485,819
-309,234
| -39% | -$7.99M |
|
894
NVIDIA
NVDA
$4.86T
| $10.6M | 0.02% |
12,913,280
-66,979,960
| -84% | -$50.5M |
|
895
CALL
CACI
CACI
$11B
| $10.6M | 0.02% |
+114,300
| New | +$10.6M |
|
896
Penske Automotive Group
PAG
$14.3B
| $10.6M | 0.02% |
250,375
+206,977
| +477% | +$9.74M |
|
|
MMP
897
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $10.6M | 0.02% |
156,000
-64,000
| -29% | -$4.15M |
|
898
PUT
VanEck Oil Services ETF
OIH
$2.06B
| $10.6M | 0.02% |
20,000
-5,000
| -20% | -$2.98M |
|
899
Enviri
NVRI
$623M
| $10.6M | 0.02% |
1,341,428
+818,712
| +157% | +$8.01M |
|
|
ADMS
900
DELISTED
Adamas Pharmaceuticals
ADMS
| $10.6M | 0.02% |
373,240
+319,689
| +597% | +$5.38M |
|
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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.