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 | |
|---|---|---|---|---|---|---|
1226
Credicorp
BAP
$32.1B
| $6.01M | 0.01% |
56,538
+12,414
| +28% | +$1.5M |
|
1227
Tennant Co
TNC
$1.44B
| $5.99M | 0.01% |
106,664
+41,570
| +64% | +$2.47M |
|
|
UPL
1228
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $5.99M | 0.01% |
937,574
+773,213
| +470% | +$6.11M |
|
|
STL
1229
DELISTED
Sterling Bancorp
STL
| $5.99M | 0.01% |
402,651
-522,476
| -56% | -$7.57M |
|
1230
Innoviva
INVA
$1.54B
| $5.95M | 0.01% |
828,226
+691,047
| +504% | +$9.39M |
|
1231
Gentex
GNTX
$4.97B
| $5.94M | 0.01% |
383,434
-511,622
| -57% | -$8.13M |
|
1232
Carter's
CRI
$1.33B
| $5.93M | 0.01% |
65,440
+5,450
| +9% | +$546K |
|
1233
Ethan Allen Interiors
ETD
$572M
| $5.93M | 0.01% |
224,393
+177,169
| +375% | +$5.19M |
|
1234
Sasol
SSL
$7.44B
| $5.92M | 0.01% |
212,737
+163,052
| +328% | +$5.23M |
|
1235
Extreme Networks
EXTR
$3.95B
| $5.92M | 0.01% |
1,760,343
+905,543
| +106% | +$2.52M |
|
1236
Canadian Imperial Bank of Commerce
CM
$108B
| $5.91M | 0.01% |
164,310
+134,172
| +445% | +$4.74M |
|
1237
Ryder
R
$9.97B
| $5.91M | 0.01% |
79,849
-242,316
| -75% | -$20.7M |
|
|
FCAM
1238
DELISTED
Fiat Chrysler Automobiles N.V.
FCAM
| $5.87M | 0.01% |
50,000
| – | – |
|
|
IMPV
1239
DELISTED
Imperva, Inc.
IMPV
| $5.85M | 0.01% |
89,391
+78,578
| +727% | +$5.21M |
|
|
SLCA
1240
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $5.85M | 0.01% |
414,900
| – | – |
|
|
ESND
1241
DELISTED
Essendant Inc.
ESND
| $5.84M | 0.01% |
179,980
+88,525
| +97% | +$3.13M |
|
1242
ON Semiconductor
ON
$32.9B
| $5.82M | 0.01% |
618,847
+330,351
| +115% | +$3.36M |
|
|
HIBB
1243
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5.81M | 0.01% |
165,857
+127,406
| +331% | +$5.32M |
|
|
ICPT
1244
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.8M | 0.01% |
+35,000
| New | +$7.7M |
|
1245
Coty
COTY
$2.37B
| $5.79M | 0.01% |
213,777
-31,096
| -13% | -$884K |
|
1246
Selective Insurance
SIGI
$5.65B
| $5.79M | 0.01% |
186,258
-78,017
| -30% | -$2.39M |
|
1247
Service Corp International
SCI
$11.8B
| $5.76M | 0.01% |
+212,747
| New | +$6.29M |
|
1248
QuidelOrtho
QDEL
$1.12B
| $5.76M | 0.01% |
305,146
-76,751
| -20% | -$1.64M |
|
1249
iShares Russell 2000 Value ETF
IWN
$14.3B
| $5.75M | 0.01% |
63,878
+47,752
| +296% | +$4.58M |
|
1250
Boise Cascade
BCC
$2.65B
| $5.75M | 0.01% |
227,948
+94,670
| +71% | +$3.02M |
|
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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.