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 | |
|---|---|---|---|---|---|---|
1526
ACI Worldwide
ACIW
$5.86B
| $3.57M | 0.01% |
+169,027
| New | +$3.81M |
|
1527
Vanguard S&P 500 ETF
VOO
$972B
| $3.57M | 0.01% |
20,316
+11,935
| +142% | +$2.22M |
|
1528
Fair Isaac
FICO
$26.4B
| $3.57M | 0.01% |
42,218
+34,655
| +458% | +$3.05M |
|
1529
Cumberland Pharmaceuticals
CPIX
$101M
| $3.56M | 0.01% |
617,065
+1,106
| +0.2% | +$6.89K |
|
1530
Home Depot
HD
$332B
| $3.56M | 0.01% |
30,799
-302,953
| -91% | -$35M |
|
1531
CALL
Edwards Lifesciences
EW
$50B
| $3.55M | 0.01% |
+150,000
| New | +$3.62M |
|
1532
Inogen
INGN
$174M
| $3.55M | 0.01% |
+73,074
| New | +$3.47M |
|
|
WDR
1533
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $3.55M | 0.01% |
102,028
+79,780
| +359% | +$3.3M |
|
|
VXX
1534
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $3.54M | 0.01% |
8,648
-44,475
| -84% | -$14.8M |
|
|
VIVO
1535
DELISTED
Meridian Bioscience Inc
VIVO
| $3.54M | 0.01% |
207,015
-153,553
| -43% | -$2.81M |
|
1536
Acacia Research
ACTG
$426M
| $3.52M | 0.01% |
387,896
-455,265
| -54% | -$4.1M |
|
1537
Graham Holdings Company
GHC
$5.28B
| $3.52M | 0.01% |
6,101
-9,295
| -60% | -$6.14M |
|
1538
Itron
ITRI
$4.33B
| $3.5M | 0.01% |
109,692
-38,697
| -26% | -$1.21M |
|
|
ZEN
1539
DELISTED
ZENDESK INC
ZEN
| $3.5M | 0.01% |
177,517
+58,123
| +49% | +$1.22M |
|
|
VRTV
1540
DELISTED
VERITIV CORPORATION
VRTV
| $3.49M | 0.01% |
93,705
-65,519
| -41% | -$2.4M |
|
|
YOKU
1541
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $3.49M | 0.01% |
197,740
-663,440
| -77% | -$12.3M |
|
|
TYPE
1542
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $3.48M | 0.01% |
159,398
+138,891
| +677% | +$3.19M |
|
1543
iShares Core S&P 500 ETF
IVV
$872B
| $3.48M | 0.01% |
18,040
+12,240
| +211% | +$2.5M |
|
1544
Ennis
EBF
$548M
| $3.47M | 0.01% |
200,095
+124,109
| +163% | +$2.09M |
|
1545
WaFd
WAFD
$2.69B
| $3.47M | 0.01% |
152,604
+136,528
| +849% | +$3.13M |
|
|
SBY
1546
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $3.47M | 0.01% |
216,747
+142,250
| +191% | +$2.31M |
|
1547
Eldorado Gold
EGO
$8.53B
| $3.47M | 0.01% |
215,261
+65,572
| +44% | +$1.09M |
|
1548
InterContinental Hotels
IHG
$24B
| $3.46M | 0.01% |
75,812
+10,422
| +16% | +$533K |
|
1549
Nice
NICE
$5.79B
| $3.46M | 0.01% |
61,480
+20,024
| +48% | +$1.25M |
|
|
WNS
1550
DELISTED
WNS Holdings
WNS
| $3.45M | 0.01% |
123,481
+26,822
| +28% | +$786K |
|
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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.