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 | |
|---|---|---|---|---|---|---|
|
SDRL
1451
DELISTED
Seadrill Limited Common Stock
SDRL
| $4.38M | 0.01% |
+4,825
| New | +$7.56M |
|
1452
Bank OZK
OZK
$5.63B
| $4.37M | 0.01% |
+88,357
| New | +$4.44M |
|
1453
Nu Skin
NUS
$257M
| $4.37M | 0.01% |
115,196
-189,902
| -62% | -$7M |
|
|
LOGM
1454
DELISTED
LogMein, Inc.
LOGM
| $4.37M | 0.01% |
+65,057
| New | +$4.53M |
|
|
SCLN
1455
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $4.36M | 0.01% |
474,033
+398,776
| +530% | +$3.34M |
|
1456
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $4.34M | 0.01% |
+134,799
| New | +$4.62M |
|
|
AMSG
1457
DELISTED
Amsurg Corp
AMSG
| $4.34M | 0.01% |
57,097
-21,632
| -27% | -$1.71M |
|
|
RSE
1458
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $4.33M | 0.01% |
297,738
+202,207
| +212% | +$3.3M |
|
1459
Oracle
ORCL
$339B
| $4.32M | 0.01% |
118,163
-1,123,885
| -90% | -$42.9M |
|
|
WAIR
1460
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $4.31M | 0.01% |
+360,414
| New | +$4.49M |
|
|
DDC
1461
DELISTED
Dominion Diamond Corporation
DDC
| $4.31M | 0.01% |
421,143
+391,285
| +1,310% | +$3.78M |
|
1462
Wheaton Precious Metals
WPM
$49.7B
| $4.29M | 0.01% |
345,745
+277,080
| +404% | +$3.66M |
|
1463
John B. Sanfilippo & Son
JBSS
$986M
| $4.28M | 0.01% |
79,207
+32,037
| +68% | +$1.81M |
|
1464
Mativ Holdings
MATV
$479M
| $4.28M | 0.01% |
101,903
-244,428
| -71% | -$9.77M |
|
|
EDR
1465
DELISTED
Education Realty Trust Inc
EDR
| $4.27M | 0.01% |
+112,830
| New | +$4.04M |
|
|
SEE
1466
DELISTED
Sealed Air
SEE
| $4.27M | 0.01% |
95,703
-94,135
| -50% | -$4.36M |
|
1467
Danaher
DHR
$138B
| $4.26M | 0.01% |
+68,308
| New | +$4.28M |
|
1468
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $4.26M | 0.01% |
52,892
+21,292
| +67% | +$1.77M |
|
1469
Gold Fields
GFI
$28.8B
| $4.24M | 0.01% |
1,528,956
+1,259,561
| +468% | +$3.33M |
|
|
ABAX
1470
DELISTED
Abaxis Inc
ABAX
| $4.23M | 0.01% |
75,988
+16,076
| +27% | +$813K |
|
1471
OSI Systems
OSIS
$3.53B
| $4.23M | 0.01% |
+47,713
| New | +$4.17M |
|
1472
Tennant Co
TNC
$1.44B
| $4.23M | 0.01% |
75,173
-31,491
| -30% | -$1.85M |
|
1473
Digi International
DGII
$2.47B
| $4.23M | 0.01% |
371,490
+330,367
| +803% | +$4.05M |
|
|
ALXN
1474
DELISTED
Alexion Pharmaceuticals
ALXN
| $4.22M | 0.01% |
22,145
-14,566
| -40% | -$2.54M |
|
|
RATE
1475
DELISTED
Bankrate Inc
RATE
| $4.22M | 0.01% |
317,327
+194,131
| +158% | +$2.56M |
|
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.