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 | |
|---|---|---|---|---|---|---|
|
HSII
1301
DELISTED
Heidrick & Struggles
HSII
| $5.47M | 0.01% |
200,811
+88,445
| +79% | +$2.31M |
|
1302
CareTrust REIT
CTRE
$9.84B
| $5.46M | 0.01% |
498,845
+341,802
| +218% | +$3.78M |
|
1303
HNI Corp
HNI
$3.14B
| $5.46M | 0.01% |
151,410
+98,483
| +186% | +$4.17M |
|
|
CRC
1304
DELISTED
California Resources Corporation
CRC
| $5.46M | 0.01% |
234,156
-119,900
| -34% | -$4.32M |
|
|
MXIM
1305
DELISTED
Maxim Integrated Products
MXIM
| $5.44M | 0.01% |
143,084
-2,269,321
| -94% | -$86.8M |
|
|
SPR
1306
DELISTED
Spirit AeroSystems
SPR
| $5.41M | 0.01% |
108,063
-238,084
| -69% | -$12.2M |
|
1307
Geospace Technologies
GEOS
$93.1M
| $5.41M | 0.01% |
384,404
+8,933
| +2% | +$127K |
|
|
NAV
1308
DELISTED
Navistar International
NAV
| $5.41M | 0.01% |
+611,466
| New | +$7.52M |
|
|
TOO
1309
DELISTED
Teekay Offshore Partners L.P.
TOO
| $5.38M | 0.01% |
830,206
+274,547
| +49% | +$3.47M |
|
|
NCI
1310
DELISTED
Navigant Consulting, Inc.
NCI
| $5.38M | 0.01% |
334,974
+22,010
| +7% | +$376K |
|
1311
State Street Industrial Select Sector SPDR ETF
XLI
$32.5B
| $5.38M | 0.01% |
+101,457
| New | +$5.44M |
|
1312
Terreno Realty
TRNO
$7.65B
| $5.37M | 0.01% |
237,236
-214,865
| -48% | -$4.74M |
|
1313
Arbutus Biopharma
ABUS
$871M
| $5.36M | 0.01% |
1,204,445
-151,394
| -11% | -$830K |
|
1314
Open Text
OTEX
$6.15B
| $5.33M | 0.01% |
222,544
-453,152
| -67% | -$10.7M |
|
1315
Assurant
AIZ
$14B
| $5.31M | 0.01% |
+65,956
| New | +$5.44M |
|
|
DHC
1316
Diversified Healthcare Trust
DHC
$2.17B
| $5.31M | 0.01% |
357,788
+28,967
| +9% | +$433K |
|
1317
Tandem Diabetes Care
TNDM
$1.3B
| $5.3M | 0.01% |
44,903
-16,578
| -27% | -$1.64M |
|
|
ECOM
1318
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $5.3M | 0.01% |
382,906
+17,859
| +5% | +$212K |
|
|
LFC
1319
DELISTED
China Life Insurance Company Ltd.
LFC
| $5.3M | 0.01% |
331,395
+19,643
| +6% | +$350K |
|
1320
DHI Group
DHX
$176M
| $5.3M | 0.01% |
577,783
+535,591
| +1,269% | +$4.77M |
|
|
ELOS
1321
DELISTED
Syneron Medical Ltd
ELOS
| $5.3M | 0.01% |
687,021
-81,052
| -11% | -$618K |
|
1322
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.5B
| $5.28M | 0.01% |
+30,350
| New | +$5.3M |
|
1323
Capri Holdings
CPRI
$1.82B
| $5.27M | 0.01% |
131,644
-120,827
| -48% | -$4.98M |
|
1324
Ternium
TX
$9.64B
| $5.27M | 0.01% |
424,136
+118,941
| +39% | +$1.66M |
|
1325
Automatic Data Processing
ADP
$105B
| $5.27M | 0.01% |
+62,220
| New | +$5.36M |
|
Similar funds
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.