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 | |
|---|---|---|---|---|---|---|
|
CTRA
901
DELISTED
Coterra Energy
CTRA
| $10.6M | 0.02% |
+597,189
| New | +$12M |
|
|
TE
902
DELISTED
TECO ENERGY INC
TE
| $10.6M | 0.02% |
396,375
-73,952
| -16% | -$1.97M |
|
903
Leggett & Platt
LEG
$1.34B
| $10.5M | 0.02% |
249,696
+24,929
| +11% | +$1.11M |
|
|
ALR
904
DELISTED
Alere Inc
ALR
| $10.5M | 0.02% |
268,228
-558,197
| -68% | -$24M |
|
905
MaxLinear
MXL
$6.06B
| $10.5M | 0.02% |
710,998
+264,837
| +59% | +$3.99M |
|
906
SPDR Gold Trust
GLD
$131B
| $10.5M | 0.02% |
103,184
+25,584
| +33% | +$2.7M |
|
907
AMN Healthcare
AMN
$1.3B
| $10.5M | 0.02% |
337,058
-128,974
| -28% | -$3.82M |
|
|
ARMH
908
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $10.4M | 0.02% |
230,436
-239,191
| -51% | -$11.3M |
|
909
Comfort Systems
FIX
$60.9B
| $10.4M | 0.02% |
365,698
+140,921
| +63% | +$4.29M |
|
910
Sociedad Química y Minera de Chile
SQM
$19.2B
| $10.4M | 0.02% |
+560,844
| New | +$9.62M |
|
911
PUT
Cencora
COR
$60.6B
| $10.4M | 0.02% |
+100,000
| New | +$9.82M |
|
|
DISCK
912
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $10.4M | 0.02% |
410,931
+334,894
| +440% | +$9.15M |
|
913
Papa John's
PZZA
$984M
| $10.3M | 0.02% |
184,931
+135,921
| +277% | +$8.4M |
|
|
TSL
914
DELISTED
Trina Solar Limited
TSL
| $10.3M | 0.02% |
934,685
-1,707,137
| -65% | -$17.6M |
|
|
HDP
915
DELISTED
Hortonworks, Inc.
HDP
| $10.3M | 0.02% |
470,073
+174,239
| +59% | +$3.42M |
|
916
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $10.2M | 0.02% |
488,997
-1,179,324
| -71% | -$24.8M |
|
917
Live Nation Entertainment
LYV
$40.5B
| $10.2M | 0.02% |
+415,673
| New | +$10.6M |
|
918
Atlassian
TEAM
$25.6B
| $10.2M | 0.02% |
+339,513
| New | +$9.67M |
|
919
Lennox International
LII
$14.4B
| $10.2M | 0.02% |
+81,666
| New | +$10.5M |
|
920
CALL
AstraZeneca
AZN
$263B
| $10.2M | 0.02% |
150,000
| – | – |
|
|
XXIA
921
DELISTED
Ixia
XXIA
| $10.2M | 0.02% |
818,664
+314,661
| +62% | +$4.3M |
|
922
Huntington Ingalls Industries
HII
$12.9B
| $10.1M | 0.02% |
79,852
+26,448
| +50% | +$3.24M |
|
923
Cabot Corp
CBT
$4.54B
| $10.1M | 0.02% |
247,664
-488,699
| -66% | -$19.3M |
|
924
UFP Industries
UFPI
$4.9B
| $10.1M | 0.02% |
443,964
-213,186
| -32% | -$5.07M |
|
925
Bausch Health
BHC
$2.57B
| $10.1M | 0.02% |
99,452
-162,139
| -62% | -$18.2M |
|
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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.