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 | |
|---|---|---|---|---|---|---|
1001
Terreno Realty
TRNO
$7.57B
| $8.88M | 0.02% |
452,101
+168,923
| +60% | +$3.46M |
|
1002
CACI
CACI
$11B
| $8.83M | 0.02% |
119,361
+99,975
| +516% | +$7.97M |
|
1003
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $8.81M | 0.02% |
132,954
+79,490
| +149% | +$5.81M |
|
|
CLDT
1004
Chatham Lodging
CLDT
$622M
| $8.8M | 0.02% |
409,638
-674,880
| -62% | -$16.7M |
|
1005
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $8.8M | 0.02% |
268,400
+85,100
| +46% | +$3.01M |
|
1006
PUT
Acuity Brands
AYI
$9.83B
| $8.78M | 0.02% |
+50,000
| New | +$9.72M |
|
1007
CALL
PPG Industries
PPG
$24.6B
| $8.77M | 0.02% |
+100,000
| New | +$10.2M |
|
1008
Copart
CPRT
$27B
| $8.76M | 0.02% |
2,130,272
-2,947,584
| -58% | -$13M |
|
|
UPL
1009
PUT
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $8.76M | 0.02% |
1,371,100
| – | – |
|
1010
CALL
Cheniere Energy
LNG
$55.2B
| $8.75M | 0.02% |
181,200
-35,000
| -16% | -$2.16M |
|
|
HMSY
1011
DELISTED
HMS Holdings Corp.
HMSY
| $8.73M | 0.02% |
+995,515
| New | +$11.1M |
|
1012
Quanta Services
PWR
$100B
| $8.72M | 0.02% |
360,064
-223,004
| -38% | -$5.68M |
|
1013
OneMain Financial
OMF
$7.23B
| $8.71M | 0.02% |
199,310
-373,209
| -65% | -$17.5M |
|
|
OKS
1014
DELISTED
Oneok Partners LP
OKS
| $8.7M | 0.02% |
297,395
+282,392
| +1,882% | +$9.13M |
|
1015
Wendy's
WEN
$1.4B
| $8.69M | 0.02% |
1,004,755
+444,528
| +79% | +$4.31M |
|
1016
Parker-Hannifin
PH
$123B
| $8.65M | 0.02% |
+88,887
| New | +$9.65M |
|
|
WMGI
1017
DELISTED
Wright Medical Group Inc
WMGI
| $8.63M | 0.02% |
410,776
-794,607
| -66% | -$19.8M |
|
1018
MacroGenics
MGNX
$235M
| $8.63M | 0.02% |
402,677
+275,860
| +218% | +$8.65M |
|
1019
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $8.62M | 0.02% |
69,797
-12,029
| -15% | -$1.46M |
|
|
CTRA
1020
PUT
DELISTED
Coterra Energy
CTRA
| $8.62M | 0.02% |
+394,200
| New | +$10.1M |
|
|
AIRM
1021
DELISTED
Air Methods Corp
AIRM
| $8.6M | 0.02% |
252,345
-30,558
| -11% | -$1.18M |
|
|
BBL
1022
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $8.57M | 0.02% |
279,474
+193,071
| +223% | +$6.77M |
|
1023
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
| $8.56M | 0.02% |
250,120
+232,271
| +1,301% | +$8.53M |
|
1024
Builders FirstSource
BLDR
$7.15B
| $8.55M | 0.02% |
673,961
+523,314
| +347% | +$7.43M |
|
1025
RingCentral
RNG
$4.66B
| $8.47M | 0.02% |
466,652
+402,015
| +622% | +$7.33M |
|
Similar funds
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.