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 | |
|---|---|---|---|---|---|---|
|
PGRE
1476
DELISTED
Paramount Group
PGRE
| $3.9M | 0.01% |
232,246
+180,914
| +352% | +$3.13M |
|
1477
SEI Investments
SEIC
$12.4B
| $3.9M | 0.01% |
80,859
+70,013
| +646% | +$3.56M |
|
|
CVG
1478
DELISTED
Convergys
CVG
| $3.9M | 0.01% |
168,753
-115,208
| -41% | -$2.74M |
|
|
RLYP
1479
DELISTED
RELYPSA INC COM
RLYP
| $3.9M | 0.01% |
210,469
-385,945
| -65% | -$10.6M |
|
1480
CALL
EQT Corp
EQT
$33B
| $3.89M | 0.01% |
+110,220
| New | +$4.5M |
|
|
WSTC
1481
DELISTED
West Corporation
WSTC
| $3.89M | 0.01% |
173,498
-272,340
| -61% | -$7.17M |
|
|
WSR
1482
DELISTED
Whitestone REIT
WSR
| $3.88M | 0.01% |
336,181
+305,829
| +1,008% | +$3.77M |
|
|
TECD
1483
DELISTED
Tech Data Corp
TECD
| $3.86M | 0.01% |
56,391
-14,895
| -21% | -$912K |
|
1484
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $3.86M | 0.01% |
+78,116
| New | +$3.95M |
|
1485
iShares S&P 100 ETF
OEF
$19.9B
| $3.84M | 0.01% |
45,258
+31,452
| +228% | +$2.82M |
|
1486
Texas Roadhouse
TXRH
$13.7B
| $3.83M | 0.01% |
103,062
+66,327
| +181% | +$2.51M |
|
1487
Compañía de Minas Buenaventura
BVN
$8.09B
| $3.83M | 0.01% |
642,420
-266,401
| -29% | -$1.9M |
|
1488
Lazard
LAZ
$4.09B
| $3.83M | 0.01% |
+88,428
| New | +$4.56M |
|
1489
Ambarella
AMBA
$3.25B
| $3.82M | 0.01% |
+66,154
| New | +$6.25M |
|
1490
Cooper Companies
COO
$14.2B
| $3.82M | 0.01% |
102,708
-831,256
| -89% | -$34.5M |
|
|
CIT
1491
DELISTED
CIT Group Inc.
CIT
| $3.82M | 0.01% |
+95,393
| New | +$4.28M |
|
1492
Wabtec
WAB
$49.4B
| $3.81M | 0.01% |
43,233
-119,729
| -73% | -$11.4M |
|
1493
Axalta
AXTA
$7.71B
| $3.8M | 0.01% |
150,042
-38,539
| -20% | -$1.15M |
|
|
BKI
1494
DELISTED
Black Knight, Inc. Common Stock
BKI
| $3.79M | 0.01% |
116,599
-428,602
| -79% | -$13.9M |
|
1495
Cohen & Steers
CNS
$4.19B
| $3.79M | 0.01% |
137,937
+1,846
| +1% | +$56.8K |
|
1496
Applied Industrial Technologies
AIT
$12.6B
| $3.78M | 0.01% |
99,190
+31,725
| +47% | +$1.25M |
|
1497
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $3.78M | 0.01% |
101,846
-54,080
| -35% | -$2.08M |
|
1498
La-Z-Boy
LZB
$1.61B
| $3.77M | 0.01% |
141,999
-36,356
| -20% | -$965K |
|
1499
Navient
NAVI
$794M
| $3.76M | 0.01% |
334,531
-69,124
| -17% | -$1.01M |
|
1500
Ternium
TX
$9.64B
| $3.75M | 0.01% |
305,195
-85,165
| -22% | -$1.25M |
|
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.