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 | |
|---|---|---|---|---|---|---|
1126
Hasbro
HAS
$13.3B
| $7.23M | 0.01% |
100,275
+9,386
| +10% | +$725K |
|
1127
PUT
Chipotle Mexican Grill
CMG
$47.7B
| $7.2M | 0.01% |
+500,000
| New | +$7.11M |
|
1128
CALL
Procter & Gamble
PG
$335B
| $7.19M | 0.01% |
100,000
| – | – |
|
1129
PTC Therapeutics
PTCT
$5.66B
| $7.19M | 0.01% |
269,419
-22,022
| -8% | -$942K |
|
1130
Southwest Gas
SWX
$6.51B
| $7.17M | 0.01% |
122,964
+14,185
| +13% | +$784K |
|
|
TIME
1131
DELISTED
Time Inc.
TIME
| $7.17M | 0.01% |
376,320
-193,426
| -34% | -$4.09M |
|
|
PPS
1132
DELISTED
Post Properties
PPS
| $7.17M | 0.01% |
122,953
+16,718
| +16% | +$957K |
|
1133
Steris
STE
$22.4B
| $7.17M | 0.01% |
110,279
-179,953
| -62% | -$11.9M |
|
1134
Boyd Gaming
BYD
$6.37B
| $7.16M | 0.01% |
439,296
+129,293
| +42% | +$2.14M |
|
|
AGU
1135
CALL
DELISTED
Agrium
AGU
| $7.16M | 0.01% |
+80,000
| New | +$8.09M |
|
|
WAGE
1136
DELISTED
WageWorks, Inc.
WAGE
| $7.15M | 0.01% |
158,605
-127,769
| -45% | -$5.8M |
|
|
ZGNX
1137
DELISTED
Zogenix, Inc.
ZGNX
| $7.14M | 0.01% |
529,263
+309,587
| +141% | +$5.58M |
|
1138
Rexford Industrial Realty
REXR
$8.47B
| $7.14M | 0.01% |
517,612
-237,612
| -31% | -$3.31M |
|
1139
Infosys
INFY
$49B
| $7.13M | 0.01% |
+747,048
| New | +$6.39M |
|
1140
Guidewire Software
GWRE
$12.8B
| $7.11M | 0.01% |
135,187
+80,277
| +146% | +$4.44M |
|
|
PRMW
1141
DELISTED
Primo Water Corporation
PRMW
| $7.1M | 0.01% |
655,744
+470,149
| +253% | +$5.08M |
|
1142
Cincinnati Financial
CINF
$27.1B
| $7.08M | 0.01% |
131,642
+104,754
| +390% | +$5.63M |
|
|
TLN
1143
DELISTED
Talen Energy Corporation
TLN
| $7.07M | 0.01% |
699,675
-1,192,429
| -63% | -$17.5M |
|
1144
PUT
Perrigo
PRGO
$1.4B
| $7.04M | 0.01% |
+50,000
| New | +$9.17M |
|
1145
Brixmor Property Group
BRX
$9.63B
| $7.04M | 0.01% |
299,784
-304,899
| -50% | -$7.26M |
|
1146
YPF
YPF
$20.7B
| $7.03M | 0.01% |
461,472
+249,518
| +118% | +$5.58M |
|
1147
Progressive
PGR
$123B
| $7M | 0.01% |
228,559
-163,284
| -42% | -$4.93M |
|
1148
Tyson Foods
TSN
$21.1B
| $7M | 0.01% |
162,468
-1,184,726
| -88% | -$50.5M |
|
1149
Unifirst Corp
UNF
$5.3B
| $7M | 0.01% |
65,560
+12,490
| +24% | +$1.39M |
|
1150
Sonida Senior Living
SNDA
$1.91B
| $7M | 0.01% |
23,268
+4,523
| +24% | +$1.49M |
|
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.