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 | |
|---|---|---|---|---|---|---|
1376
Quest Diagnostics
DGX
$25.9B
| $4.88M | 0.01% |
68,536
+54,736
| +397% | +$3.68M |
|
1377
Fortinet
FTNT
$113B
| $4.86M | 0.01% |
779,425
-1,543,170
| -66% | -$11.1M |
|
1378
Celldex Therapeutics
CLDX
$3.02B
| $4.85M | 0.01% |
20,627
-30,329
| -60% | -$6.61M |
|
1379
CALL
Parker-Hannifin
PH
$121B
| $4.85M | 0.01% |
+50,000
| New | +$5.07M |
|
|
FMI
1380
DELISTED
Foundation Medicine, Inc.
FMI
| $4.83M | 0.01% |
229,546
-137,401
| -37% | -$2.65M |
|
|
SBY
1381
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $4.81M | 0.01% |
307,288
+90,541
| +42% | +$1.44M |
|
1382
DHT Holdings
DHT
$2.99B
| $4.8M | 0.01% |
593,920
-107,873
| -15% | -$845K |
|
1383
New York Times
NYT
$12.3B
| $4.8M | 0.01% |
357,988
+181,180
| +102% | +$2.42M |
|
|
SFS
1384
DELISTED
Smart & Final Stores, Inc.
SFS
| $4.8M | 0.01% |
+263,712
| New | +$4.38M |
|
|
PERY
1385
DELISTED
Perry Ellis International Inc
PERY
| $4.8M | 0.01% |
260,677
+4,947
| +2% | +$102K |
|
|
CELG
1386
DELISTED
Celgene Corp
CELG
| $4.79M | 0.01% |
40,000
-175,206
| -81% | -$20.3M |
|
|
HOS
1387
PUT
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $4.79M | 0.01% |
481,400
| – | – |
|
|
TYC
1388
PUT
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $4.78M | 0.01% |
+143,250
| New | +$5.23M |
|
1389
iShares Russell 1000 Value ETF
IWD
$81.8B
| $4.78M | 0.01% |
+48,822
| New | +$4.85M |
|
1390
British American Tobacco
BTI
$133B
| $4.78M | 0.01% |
86,462
+79,658
| +1,171% | +$4.57M |
|
|
SIRO
1391
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $4.76M | 0.01% |
43,449
+32,204
| +286% | +$3.45M |
|
1392
BCE
BCE
$20.2B
| $4.76M | 0.01% |
+123,261
| New | +$5.2M |
|
|
KERX
1393
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $4.75M | 0.01% |
941,334
+901,827
| +2,283% | +$4.28M |
|
1394
AtriCure
ATRC
$2.04B
| $4.75M | 0.01% |
211,771
-642,998
| -75% | -$13.3M |
|
|
NTT
1395
DELISTED
Nippon Telegraph & Telephone
NTT
| $4.75M | 0.01% |
119,522
-29,295
| -20% | -$1.11M |
|
1396
Hilltop Holdings
HTH
$2.26B
| $4.74M | 0.01% |
246,771
+154,243
| +167% | +$3.22M |
|
1397
Rockwell Automation
ROK
$52.4B
| $4.74M | 0.01% |
46,209
-190,353
| -80% | -$20M |
|
|
AFAM
1398
DELISTED
Almost Family Inc
AFAM
| $4.72M | 0.01% |
123,536
-9,718
| -7% | -$393K |
|
1399
Churchill Downs
CHDN
$5.76B
| $4.71M | 0.01% |
199,920
-26,940
| -12% | -$640K |
|
1400
AngioDynamics
ANGO
$610M
| $4.71M | 0.01% |
388,074
+146,823
| +61% | +$1.81M |
|
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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.