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 | |
|---|---|---|---|---|---|---|
1051
KBR
KBR
$4.59B
| $8M | 0.02% |
472,651
-909,262
| -66% | -$16.7M |
|
|
WEB
1052
DELISTED
Web.com Group, Inc.
WEB
| $7.98M | 0.02% |
398,768
+90,336
| +29% | +$2.08M |
|
1053
Deluxe
DLX
$1.18B
| $7.97M | 0.02% |
146,101
-142,031
| -49% | -$8.2M |
|
|
ELNK
1054
DELISTED
EarthLink Holdings Corp.
ELNK
| $7.96M | 0.02% |
1,071,634
+208,579
| +24% | +$1.75M |
|
1055
Progress Software
PRGS
$1.64B
| $7.95M | 0.02% |
331,399
+189,720
| +134% | +$4.53M |
|
|
VG
1056
DELISTED
Vonage Holdings Corporation
VG
| $7.95M | 0.02% |
1,385,241
+37,747
| +3% | +$234K |
|
1057
CALL
Alkermes
ALKS
$8.17B
| $7.94M | 0.02% |
+100,000
| New | +$7M |
|
1058
CNA Financial
CNA
$14.4B
| $7.94M | 0.02% |
225,790
+176,044
| +354% | +$6.3M |
|
|
JNS
1059
DELISTED
Janus Capital Group Inc
JNS
| $7.92M | 0.02% |
561,757
-493,037
| -47% | -$7.34M |
|
1060
Genworth Financial
GNW
$3.78B
| $7.89M | 0.02% |
2,114,527
+2,104,026
| +20,036% | +$9.74M |
|
|
TTPH
1061
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $7.86M | 0.02% |
39,189
+26,875
| +218% | +$5.36M |
|
1062
Hanmi Financial
HAFC
$943M
| $7.86M | 0.02% |
331,252
-30,934
| -9% | -$792K |
|
1063
Thor Industries
THO
$3.91B
| $7.83M | 0.02% |
139,543
+13,065
| +10% | +$726K |
|
1064
CALL
United Therapeutics
UTHR
$25.8B
| $7.83M | 0.02% |
+50,000
| New | +$7.28M |
|
|
BXLT
1065
CALL
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $7.81M | 0.02% |
+200,000
| New | +$6.97M |
|
1066
Enerpac Tool Group
EPAC
$1.85B
| $7.8M | 0.02% |
+325,562
| New | +$7.48M |
|
|
CBM
1067
DELISTED
Cambrex Corporation
CBM
| $7.79M | 0.02% |
165,453
+34,003
| +26% | +$1.63M |
|
|
SYT
1068
DELISTED
Syngenta Ag
SYT
| $7.78M | 0.02% |
98,830
+59,752
| +153% | +$4.27M |
|
|
SLCA
1069
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $7.77M | 0.02% |
414,900
| – | – |
|
|
POT
1070
DELISTED
Potash Corp Of Saskatchewan
POT
| $7.77M | 0.02% |
453,846
+193,730
| +74% | +$3.85M |
|
1071
CoreCivic
CXW
$2.97B
| $7.77M | 0.02% |
293,275
-51,974
| -15% | -$1.42M |
|
1072
ICICI Bank
IBN
$108B
| $7.76M | 0.02% |
1,090,637
-488,250
| -31% | -$3.68M |
|
|
WPG
1073
DELISTED
Washington Prime Group Inc.
WPG
| $7.74M | 0.02% |
81,054
+21,808
| +37% | +$2.21M |
|
|
LOCK
1074
DELISTED
LifeLock, Inc.
LOCK
| $7.72M | 0.02% |
+537,780
| New | +$6.91M |
|
1075
ESCO Technologies
ESE
$8.15B
| $7.71M | 0.02% |
213,435
+201,395
| +1,673% | +$7.55M |
|
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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.