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 | |
|---|---|---|---|---|---|---|
1351
LyondellBasell Industries
LYB
$19.5B
| $5M | 0.01% |
59,927
-503,598
| -89% | -$44.8M |
|
|
NCI
1352
DELISTED
Navigant Consulting, Inc.
NCI
| $4.98M | 0.01% |
312,964
+81,825
| +35% | +$1.26M |
|
1353
Owens Corning
OC
$11.2B
| $4.98M | 0.01% |
118,748
+26,471
| +29% | +$1.17M |
|
|
MJN
1354
CALL
DELISTED
Mead Johnson Nutrition Company
MJN
| $4.93M | 0.01% |
+70,000
| New | +$5.76M |
|
1355
ProShares Ultra Silver
AGQ
$1.2B
| $4.92M | 0.01% |
161,315
-56,446
| -26% | -$1.84M |
|
1356
Blackstone Mortgage Trust
BXMT
$2.53B
| $4.92M | 0.01% |
179,314
-529,786
| -75% | -$15.1M |
|
1357
Winnebago Industries
WGO
$863M
| $4.91M | 0.01% |
256,464
+149,019
| +139% | +$3.16M |
|
1358
PUT
Caterpillar
CAT
$373B
| $4.9M | 0.01% |
+75,000
| New | +$5.74M |
|
|
ANH
1359
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $4.9M | 0.01% |
991,034
+396,697
| +67% | +$2.02M |
|
|
VDTH
1360
DELISTED
Videocon d2h Limited
VDTH
| $4.86M | 0.01% |
503,310
+247,334
| +97% | +$2.85M |
|
|
TAST
1361
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $4.85M | 0.01% |
407,678
+241,606
| +145% | +$2.88M |
|
1362
PUT
Stanley Black & Decker
SWK
$14.9B
| $4.85M | 0.01% |
+50,000
| New | +$5.15M |
|
1363
Live Oak Bancshares
LOB
$1.97B
| $4.83M | 0.01% |
+245,777
| New | +$4.83M |
|
|
DD
1364
CALL
DELISTED
Du Pont De Nemours E I
DD
| $4.82M | 0.01% |
100,000
-5,300
| -5% | -$283K |
|
|
TACO
1365
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $4.8M | 0.01% |
342,979
-182,985
| -35% | -$2.64M |
|
1366
Icon
ICLR
$12.8B
| $4.79M | 0.01% |
+67,530
| New | +$5.08M |
|
1367
Jones Lang LaSalle
JLL
$16.8B
| $4.78M | 0.01% |
+33,236
| New | +$5.43M |
|
1368
Huazhu Hotels Group
HTHT
$13B
| $4.78M | 0.01% |
785,228
+260,340
| +50% | +$1.58M |
|
|
CA
1369
DELISTED
CA, Inc.
CA
| $4.77M | 0.01% |
+174,865
| New | +$5M |
|
1370
Photronics
PLAB
$1.74B
| $4.76M | 0.01% |
525,835
+216,503
| +70% | +$1.9M |
|
|
CLR
1371
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $4.76M | 0.01% |
164,410
-339,341
| -67% | -$11M |
|
1372
TotalEnergies
TTE
$193B
| $4.76M | 0.01% |
106,423
+5,323
| +5% | +$251K |
|
1373
Agree Realty
ADC
$9.42B
| $4.75M | 0.01% |
159,273
-11,716
| -7% | -$349K |
|
1374
Diamondrock Hospitality Co
DRH
$2.64B
| $4.75M | 0.01% |
429,649
-539,997
| -56% | -$6.65M |
|
1375
Enviri
NVRI
$624M
| $4.74M | 0.01% |
522,716
+360,881
| +223% | +$4.55M |
|
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.