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 | |
|---|---|---|---|---|---|---|
|
SYKE
1326
DELISTED
SYKES Enterprises Inc
SYKE
| $5.16M | 0.01% |
202,385
-21,398
| -10% | -$534K |
|
1327
Stepan Co
SCL
$1.48B
| $5.16M | 0.01% |
123,965
-17,448
| -12% | -$813K |
|
1328
Urban Outfitters
URBN
$6.49B
| $5.16M | 0.01% |
175,478
-1,103,869
| -86% | -$35.5M |
|
1329
Corpay
CPAY
$25.5B
| $5.15M | 0.01% |
37,435
-76,776
| -67% | -$11.8M |
|
1330
Koppers
KOP
$942M
| $5.15M | 0.01% |
255,311
+92,671
| +57% | +$1.97M |
|
|
EJ
1331
DELISTED
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
| $5.14M | 0.01% |
+865,033
| New | +$5.19M |
|
1332
Advanced Energy
AEIS
$11B
| $5.13M | 0.01% |
195,116
-3,091
| -2% | -$79.7K |
|
1333
Standard BioTools
LAB
$351M
| $5.13M | 0.01% |
632,575
+261,361
| +70% | +$4.11M |
|
|
DNR
1334
DELISTED
Denbury Resources, Inc.
DNR
| $5.13M | 0.01% |
2,102,340
+41,354
| +2% | +$160K |
|
|
AFFX
1335
DELISTED
Affymetrix Inc
AFFX
| $5.12M | 0.01% |
599,713
-36,998
| -6% | -$370K |
|
1336
Abercrombie & Fitch
ANF
$4.45B
| $5.12M | 0.01% |
+241,506
| New | +$4.91M |
|
|
LORL
1337
DELISTED
Loral Space and Communications, Inc.
LORL
| $5.12M | 0.01% |
108,637
+24,165
| +29% | +$1.42M |
|
1338
Pentair
PNR
$10.6B
| $5.11M | 0.01% |
+149,058
| New | +$5.86M |
|
1339
Sibanye-Stillwater
SBSW
$6.43B
| $5.11M | 0.01% |
1,167,527
+1,108,600
| +1,881% | +$5.52M |
|
|
FNSR
1340
DELISTED
Finisar Corp
FNSR
| $5.1M | 0.01% |
457,865
+339,394
| +286% | +$5.32M |
|
1341
Sanmina
SANM
$9.83B
| $5.08M | 0.01% |
+237,470
| New | +$4.79M |
|
|
Y
1342
DELISTED
Alleghany Corp
Y
| $5.07M | 0.01% |
10,829
+5,414
| +100% | +$2.6M |
|
1343
Willis Towers Watson
WTW
$31.7B
| $5.06M | 0.01% |
46,644
+31,445
| +207% | +$3.73M |
|
1344
Churchill Downs
CHDN
$5.76B
| $5.06M | 0.01% |
+226,860
| New | +$5.03M |
|
1345
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.59B
| $5.05M | 0.01% |
38,461
-146,797
| -79% | -$22.4M |
|
1346
CALL
GE Aerospace
GE
$368B
| $5.04M | 0.01% |
41,732
| – | – |
|
1347
PUT
Olin
OLN
$2.53B
| $5.04M | 0.01% |
+300,000
| New | +$6.34M |
|
1348
Accuray
ARAY
$34M
| $5.04M | 0.01% |
1,008,496
-320,774
| -24% | -$2.06M |
|
|
ERF
1349
DELISTED
Enerplus Corporation
ERF
| $5.03M | 0.01% |
1,034,786
+443,801
| +75% | +$2.82M |
|
1350
Celanese
CE
$4.91B
| $5.01M | 0.01% |
+84,714
| New | +$5.37M |
|
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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.