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 | |
|---|---|---|---|---|---|---|
1151
Baytex Energy
BTE
$3.22B
| $7M | 0.01% |
2,185,955
+2,173,033
| +16,817% | +$16.6M |
|
1152
Assured Guaranty
AGO
$3.69B
| $6.98M | 0.01% |
279,058
+242,158
| +656% | +$6.09M |
|
|
MITT
1153
TPG Mortgage Investment Trust
MITT
$221M
| $6.94M | 0.01% |
151,936
-2,360
| -2% | -$121K |
|
1154
Equinor
EQNR
$96.8B
| $6.89M | 0.01% |
473,088
-1,579,324
| -77% | -$24.9M |
|
|
BTU
1155
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $6.88M | 0.01% |
22,147
| – | – |
|
1156
Shutterstock
SSTK
$198M
| $6.85M | 0.01% |
226,559
+59,756
| +36% | +$2.4M |
|
1157
BancFirst
BANF
$3.77B
| $6.82M | 0.01% |
216,220
+20,022
| +10% | +$630K |
|
1158
Prestige Consumer Healthcare
PBH
$2.36B
| $6.8M | 0.01% |
+150,628
| New | +$7.12M |
|
1159
Oaktree Specialty Lending
OCSL
$1.02B
| $6.78M | 0.01% |
366,328
+133,485
| +57% | +$2.57M |
|
1160
Cinemark Holdings
CNK
$4.15B
| $6.77M | 0.01% |
208,381
+157,722
| +311% | +$5.87M |
|
|
FMI
1161
DELISTED
Foundation Medicine, Inc.
FMI
| $6.77M | 0.01% |
366,947
+181,963
| +98% | +$4.54M |
|
|
SCTY
1162
PUT
DELISTED
SolarCity Corporation
SCTY
| $6.74M | 0.01% |
+157,700
| New | +$7.92M |
|
1163
Zurn Elkay Water Solutions
ZWS
$8.41B
| $6.72M | 0.01% |
822,063
+502,137
| +157% | +$5.01M |
|
|
ELNK
1164
DELISTED
EarthLink Holdings Corp.
ELNK
| $6.71M | 0.01% |
863,055
-328,556
| -28% | -$2.68M |
|
1165
Plains GP Holdings
PAGP
$5.18B
| $6.71M | 0.01% |
143,892
+123,105
| +592% | +$6.89M |
|
1166
American Water Works
AWK
$27B
| $6.68M | 0.01% |
121,250
-164,465
| -58% | -$8.59M |
|
1167
CALL
PTC Therapeutics
PTCT
$5.68B
| $6.67M | 0.01% |
250,000
+190,000
| +317% | +$8.13M |
|
1168
Coeur Mining
CDE
$15.3B
| $6.67M | 0.01% |
2,365,949
+1,866,815
| +374% | +$6.78M |
|
|
ATHN
1169
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $6.67M | 0.01% |
+50,000
| New | +$6.52M |
|
|
ENLC
1170
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $6.65M | 0.01% |
363,871
+181,444
| +99% | +$4.45M |
|
|
VER
1171
DELISTED
VEREIT, Inc.
VER
| $6.65M | 0.01% |
172,185
-102,918
| -37% | -$4.3M |
|
1172
PUT
Kinder Morgan
KMI
$71.3B
| $6.62M | 0.01% |
239,300
| – | – |
|
1173
Ares Capital
ARCC
$13.4B
| $6.62M | 0.01% |
457,341
+414,665
| +972% | +$6.51M |
|
|
CTLT
1174
DELISTED
CATALENT, INC.
CTLT
| $6.6M | 0.01% |
271,612
-136,250
| -33% | -$4.14M |
|
|
BLOX
1175
DELISTED
Infoblox Inc
BLOX
| $6.6M | 0.01% |
412,879
+239,423
| +138% | +$5.22M |
|
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.