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 | |
|---|---|---|---|---|---|---|
|
XOXO
1526
DELISTED
Xo Group Inc
XOXO
| $3.84M | 0.01% |
239,300
+37,959
| +19% | +$605K |
|
1527
3M
MMM
$91.8B
| $3.84M | 0.01% |
30,478
-418,482
| -93% | -$53.8M |
|
1528
Qualys
QLYS
$4.76B
| $3.83M | 0.01% |
115,765
+39,138
| +51% | +$1.38M |
|
|
HA
1529
DELISTED
Hawaiian Holdings, Inc.
HA
| $3.83M | 0.01% |
108,319
+70,400
| +186% | +$2.43M |
|
1530
ProShares Ultra Silver
AGQ
$1.13B
| $3.81M | 0.01% |
140,885
-20,430
| -13% | -$639K |
|
|
TIF
1531
CALL
DELISTED
Tiffany & Co.
TIF
| $3.81M | 0.01% |
+50,000
| New | +$3.91M |
|
1532
Medifast
MED
$107M
| $3.81M | 0.01% |
125,479
-44,435
| -26% | -$1.32M |
|
1533
PUT
Vulcan Materials
VMC
$36.8B
| $3.8M | 0.01% |
+40,000
| New | +$3.88M |
|
1534
Ethan Allen Interiors
ETD
$600M
| $3.8M | 0.01% |
136,495
-87,898
| -39% | -$2.45M |
|
1535
Viavi Solutions
VIAV
$7.95B
| $3.79M | 0.01% |
623,064
+525,448
| +538% | +$3.19M |
|
|
MITT
1536
TPG Mortgage Investment Trust
MITT
$228M
| $3.79M | 0.01% |
98,401
-53,535
| -35% | -$2.35M |
|
1537
Carter's
CRI
$1.43B
| $3.79M | 0.01% |
42,536
-22,904
| -35% | -$2.04M |
|
|
DENN
1538
DELISTED
Denny's
DENN
| $3.79M | 0.01% |
385,143
-355,288
| -48% | -$3.65M |
|
|
ARNA
1539
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $3.78M | 0.01% |
198,983
+131,523
| +195% | +$2.68M |
|
1540
Restaurant Brands International
QSR
$26.2B
| $3.78M | 0.01% |
101,162
-78,788
| -44% | -$2.89M |
|
1541
Babcock & Wilcox
BW
$1.18B
| $3.78M | 0.01% |
18,104
+11,044
| +156% | +$2.01M |
|
|
CSLT
1542
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $3.77M | 0.01% |
881,856
+511,946
| +138% | +$2.2M |
|
1543
Fabrinet
FN
$14.9B
| $3.76M | 0.01% |
158,012
-254,993
| -62% | -$5.69M |
|
1544
United Parks & Resorts
PRKS
$2.19B
| $3.76M | 0.01% |
190,881
-52,527
| -22% | -$975K |
|
1545
Opko Health
OPK
$1.02B
| $3.75M | 0.01% |
373,664
+80,743
| +28% | +$809K |
|
|
WDR
1546
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $3.75M | 0.01% |
131,036
+29,008
| +28% | +$996K |
|
1547
Regis Corp
RGS
$68.4M
| $3.75M | 0.01% |
13,244
+12,459
| +1,587% | +$3.77M |
|
|
ETFC
1548
DELISTED
E*Trade Financial Corporation
ETFC
| $3.75M | 0.01% |
126,422
-2,686,828
| -96% | -$77.2M |
|
|
NAVG
1549
DELISTED
Navigators Group Inc
NAVG
| $3.74M | 0.01% |
87,238
+14,966
| +21% | +$636K |
|
|
AGTC
1550
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $3.74M | 0.01% |
183,347
-165,282
| -47% | -$2.55M |
|
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.