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 | |
|---|---|---|---|---|---|---|
1251
SLR Investment Corp
SLRC
$696M
| $5.75M | 0.01% |
363,239
+164,983
| +83% | +$2.91M |
|
|
CVRR
1252
CALL
DELISTED
CVR Refining, LP
CVRR
| $5.74M | 0.01% |
300,400
| – | – |
|
|
ALXN
1253
DELISTED
Alexion Pharmaceuticals
ALXN
| $5.74M | 0.01% |
36,711
-1,255,262
| -97% | -$229M |
|
1254
Bunge Global
BG
$20.2B
| $5.72M | 0.01% |
+78,099
| New | +$6.04M |
|
1255
Huntington Ingalls Industries
HII
$12.6B
| $5.72M | 0.01% |
53,404
+20,249
| +61% | +$2.31M |
|
|
VAR
1256
DELISTED
Varian Medical Systems, Inc.
VAR
| $5.72M | 0.01% |
+88,369
| New | +$6.45M |
|
|
GI
1257
DELISTED
EndoChoice Holdings, Inc.
GI
| $5.72M | 0.01% |
503,267
+81,158
| +19% | +$1.27M |
|
1258
California Water Service
CWT
$3.02B
| $5.71M | 0.01% |
258,117
-38,298
| -13% | -$837K |
|
1259
Dollar General
DG
$28.1B
| $5.69M | 0.01% |
78,594
-182,698
| -70% | -$13.9M |
|
1260
PUT
American International
AIG
$41.8B
| $5.68M | 0.01% |
100,000
| – | – |
|
1261
Designer Brands
DBI
$314M
| $5.68M | 0.01% |
224,509
-2,160,280
| -91% | -$67.2M |
|
|
TGP
1262
DELISTED
Teekay LNG Partners L.P.
TGP
| $5.68M | 0.01% |
237,341
+212,385
| +851% | +$5.79M |
|
1263
PUT
Align Technology
ALGN
$12.4B
| $5.68M | 0.01% |
100,000
+50,000
| +100% | +$2.98M |
|
1264
CALL
iShares MSCI Brazil ETF
EWZ
$9.25B
| $5.66M | 0.01% |
+258,000
| New | +$6.88M |
|
1265
Becton Dickinson
BDX
$45.6B
| $5.65M | 0.01% |
43,647
+39,234
| +889% | +$5.48M |
|
|
PACW
1266
DELISTED
PacWest Bancorp
PACW
| $5.62M | 0.01% |
131,200
-147,767
| -53% | -$6.62M |
|
|
PERY
1267
DELISTED
Perry Ellis International Inc
PERY
| $5.62M | 0.01% |
255,730
+169,561
| +197% | +$4.03M |
|
1268
Suncor Energy
SU
$78.8B
| $5.61M | 0.01% |
210,009
-83,017
| -28% | -$2.23M |
|
|
SPNE
1269
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $5.6M | 0.01% |
+345,835
| New | +$5.65M |
|
1270
Vail Resorts
MTN
$5.45B
| $5.58M | 0.01% |
53,285
+10,146
| +24% | +$1.1M |
|
1271
VeriSign
VRSN
$25.9B
| $5.56M | 0.01% |
78,796
+55,023
| +231% | +$3.75M |
|
1272
MaxLinear
MXL
$6.07B
| $5.55M | 0.01% |
446,161
-87,676
| -16% | -$966K |
|
1273
WEC Energy
WEC
$35.9B
| $5.53M | 0.01% |
105,901
-142,841
| -57% | -$6.95M |
|
1274
PUT
Apple
AAPL
$4.9T
| $5.51M | 0.01% |
+200,000
| New | +$5.87M |
|
1275
FTI Consulting
FCN
$4.53B
| $5.51M | 0.01% |
132,711
-94,897
| -42% | -$3.9M |
|
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.