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 | |
|---|---|---|---|---|---|---|
76
Ovintiv
OVV
$17.3B
| $99.2M | 0.21% |
3,896,337
-755,992
| -16% | -$27.6M |
|
|
ITC
77
DELISTED
ITC HOLDINGS CORP
ITC
| $97.7M | 0.21% |
+2,488,490
| New | +$86.5M |
|
78
Advance Auto Parts
AAP
$3.35B
| $97M | 0.2% |
644,444
+183,859
| +40% | +$31.9M |
|
79
American Airlines Group
AAL
$10.1B
| $96.6M | 0.2% |
2,280,834
+1,508,979
| +196% | +$65.4M |
|
80
Puma Biotechnology
PBYI
$404M
| $94.2M | 0.2% |
1,201,171
+1,014,828
| +545% | +$79.7M |
|
|
HOT
81
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $92.2M | 0.19% |
1,331,192
+185,716
| +16% | +$13.3M |
|
|
AGR
82
DELISTED
Avangrid, Inc.
AGR
| $91.7M | 0.19% |
+2,387,334
| New | +$86.8M |
|
83
DTE Energy
DTE
$29.5B
| $90.3M | 0.19% |
1,323,381
-2,521,544
| -66% | -$174M |
|
84
Gilead Sciences
GILD
$162B
| $90M | 0.19% |
889,735
+97,485
| +12% | +$10.1M |
|
85
PPG Industries
PPG
$24.6B
| $89.4M | 0.19% |
904,985
-519,216
| -36% | -$52.5M |
|
|
SRC
86
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $89.1M | 0.19% |
1,982,280
-257,814
| -12% | -$11.4M |
|
87
Visteon
VC
$2.79B
| $88.7M | 0.19% |
774,877
+85,392
| +12% | +$9.67M |
|
88
Southwest Airlines
LUV
$22B
| $87.2M | 0.18% |
2,025,903
-304,515
| -13% | -$13.5M |
|
89
Oceaneering
OII
$4.86B
| $86.1M | 0.18% |
2,294,047
+800,720
| +54% | +$34.3M |
|
90
Cisco
CSCO
$457B
| $85.7M | 0.18% |
3,154,758
-3,781,599
| -55% | -$104M |
|
91
NRG Energy
NRG
$28.3B
| $85.3M | 0.18% |
7,249,101
-2,733,495
| -27% | -$34.5M |
|
92
Palo Alto Networks
PANW
$270B
| $84.9M | 0.18% |
2,891,490
+769,932
| +36% | +$22.2M |
|
|
ISEE
93
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $84.9M | 0.18% |
1,080,625
+1,047,947
| +3,207% | +$60.6M |
|
|
PTLA
94
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $84.8M | 0.18% |
1,647,982
+589,667
| +56% | +$28.6M |
|
95
Aramark
ARMK
$15B
| $83.7M | 0.18% |
3,595,654
+686,381
| +24% | +$15.7M |
|
|
WLL
96
DELISTED
Whiting Petroleum Corporation
WLL
| $83.6M | 0.18% |
29,531
+75
| +0.3% | +$356K |
|
|
LGF
97
DELISTED
Lions Gate Entertainment
LGF
| $83.4M | 0.18% |
2,575,541
+1,083,982
| +73% | +$39.9M |
|
|
OPLN
98
Openlane
OPLN
$4.21B
| $83.2M | 0.17% |
5,933,264
-1,201,914
| -17% | -$17M |
|
99
Yum! Brands
YUM
$41.8B
| $83M | 0.17% |
1,580,709
+537,605
| +52% | +$28.1M |
|
100
AB InBev
BUD
$170B
| $82.6M | 0.17% |
660,480
-263,949
| -29% | -$31.9M |
|
Similar funds
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.