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 | |
|---|---|---|---|---|---|---|
1476
Enpro
NPO
$6.26B
| $4.22M | 0.01% |
96,222
+32,219
| +50% | +$1.51M |
|
1477
iShares US Real Estate ETF
IYR
$4.75B
| $4.21M | 0.01% |
56,134
-46,126
| -45% | -$3.44M |
|
1478
Jacobs Solutions
J
$16B
| $4.21M | 0.01% |
121,179
-618,268
| -84% | -$21.2M |
|
|
IHS
1479
DELISTED
IHS INC CL-A COM STK
IHS
| $4.2M | 0.01% |
35,458
-111,330
| -76% | -$13.3M |
|
1480
Cavco Industries
CVCO
$4.36B
| $4.2M | 0.01% |
+50,378
| New | +$4.28M |
|
1481
CALL
Agilent Technologies
A
$39.6B
| $4.18M | 0.01% |
+100,000
| New | +$3.87M |
|
|
HRG
1482
DELISTED
HRG Group, Inc.
HRG
| $4.18M | 0.01% |
308,350
+196,304
| +175% | +$2.58M |
|
|
CVRR
1483
CALL
DELISTED
CVR Refining, LP
CVRR
| $4.17M | 0.01% |
220,400
-80,000
| -27% | -$1.65M |
|
1484
Unilever
UL
$142B
| $4.17M | 0.01% |
85,920
+53,597
| +166% | +$2.62M |
|
1485
Manulife Financial
MFC
$73B
| $4.16M | 0.01% |
277,497
-59,088
| -18% | -$953K |
|
|
ADAP
1486
DELISTED
Adaptimmune Therapeutics
ADAP
| $4.16M | 0.01% |
344,547
+156,724
| +83% | +$1.53M |
|
|
AL
1487
DELISTED
Air Lease Corp
AL
| $4.15M | 0.01% |
123,857
-760,550
| -86% | -$25.2M |
|
|
FINL
1488
DELISTED
Finish Line
FINL
| $4.14M | 0.01% |
229,019
-91,864
| -29% | -$1.63M |
|
1489
Standex International
SXI
$3.33B
| $4.14M | 0.01% |
49,752
-21,672
| -30% | -$1.83M |
|
1490
Insperity
NSP
$2.03B
| $4.13M | 0.01% |
171,456
-523,704
| -75% | -$11.9M |
|
1491
Axalta
AXTA
$7.45B
| $4.13M | 0.01% |
154,803
+4,761
| +3% | +$133K |
|
1492
Korea Electric Power
KEP
$14.6B
| $4.13M | 0.01% |
194,872
+172,394
| +767% | +$3.74M |
|
1493
Lattice Semiconductor
LSCC
$16B
| $4.12M | 0.01% |
636,166
+606,156
| +2,020% | +$3.17M |
|
|
FMSA
1494
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $4.11M | 0.01% |
1,748,077
-1,110,197
| -39% | -$2.92M |
|
1495
Coherent
COHR
$43.4B
| $4.11M | 0.01% |
221,171
-154,127
| -41% | -$2.78M |
|
|
PVTB
1496
DELISTED
PrivateBancorp Inc
PVTB
| $4.11M | 0.01% |
+100,067
| New | +$4.2M |
|
|
GRUB
1497
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $4.1M | 0.01% |
84,648
+60,525
| +251% | +$3.16M |
|
1498
Gen Digital
GEN
$16.5B
| $4.09M | 0.01% |
194,776
-1,338,294
| -87% | -$27.2M |
|
1499
CALL
XPO
XPO
$23.4B
| $4.09M | 0.01% |
433,709
-795,133
| -65% | -$7.89M |
|
|
1500
PUT
XPO
XPO
$23.4B
| $4.09M | 0.01% |
433,709
| – | – |
|
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.