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 | |
|---|---|---|---|---|---|---|
1576
A10 Networks
ATEN
$2.16B
| $3.36M | 0.01% |
560,880
+71,050
| +15% | +$447K |
|
|
IL
1577
DELISTED
IntraLinks Holdings Inc.
IL
| $3.36M | 0.01% |
405,244
+282,007
| +229% | +$2.99M |
|
1578
Papa John's
PZZA
$995M
| $3.36M | 0.01% |
+49,010
| New | +$3.53M |
|
1579
CALL
Medtronic
MDT
$110B
| $3.35M | 0.01% |
+50,000
| New | +$3.68M |
|
|
RT
1580
DELISTED
Ruby Tuesday Georgia
RT
| $3.34M | 0.01% |
538,195
+352,004
| +189% | +$2.32M |
|
1581
Petrobras Class A
PBR.A
$109B
| $3.32M | 0.01% |
902,228
-4,368,695
| -83% | -$23.6M |
|
|
EQM
1582
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $3.32M | 0.01% |
50,000
+30,000
| +150% | +$2.27M |
|
1583
Pearson
PSO
$10.5B
| $3.31M | 0.01% |
193,130
-100,141
| -34% | -$1.81M |
|
1584
Provident Financial Services
PFS
$3.24B
| $3.31M | 0.01% |
169,793
+36,850
| +28% | +$707K |
|
|
FOE
1585
DELISTED
Ferro Corporation
FOE
| $3.31M | 0.01% |
301,861
-409,067
| -58% | -$5.54M |
|
1586
CALL
Stellantis
STLA
$17B
| $3.3M | 0.01% |
+383,428
| New | +$3.67M |
|
1587
Howard Hughes
HHH
$3.87B
| $3.3M | 0.01% |
+30,176
| New | +$3.76M |
|
1588
WisdomTree Japan Hedged Equity Fund
DXJ
$7.13B
| $3.29M | 0.01% |
67,724
+26,432
| +64% | +$1.43M |
|
|
NVTA
1589
DELISTED
Invitae Corporation
NVTA
| $3.29M | 0.01% |
456,425
+151,333
| +50% | +$1.59M |
|
1590
Old Dominion Freight Line
ODFL
$44.2B
| $3.29M | 0.01% |
161,730
-316,110
| -66% | -$7.18M |
|
1591
SITE Centers
SITC
$227M
| $3.29M | 0.01% |
165,810
-380,258
| -70% | -$7.74M |
|
1592
GSI Technology
GSIT
$224M
| $3.28M | 0.01% |
808,498
-3,443
| -0.4% | -$16.4K |
|
|
KYNB
1593
Kyntra Bio
KYNB
$27.5M
| $3.28M | 0.01% |
+5,990
| New | +$3.63M |
|
1594
Genpact
G
$5.99B
| $3.28M | 0.01% |
138,931
-192,370
| -58% | -$4.32M |
|
1595
Quaker Houghton
KWR
$2.69B
| $3.27M | 0.01% |
+42,392
| New | +$3.5M |
|
1596
VanEck Gold Miners ETF
GDX
$23.5B
| $3.27M | 0.01% |
237,777
+161,816
| +213% | +$2.34M |
|
1597
AES
AES
$10.6B
| $3.26M | 0.01% |
332,772
-4,440,536
| -93% | -$53.6M |
|
|
EEP
1598
CALL
DELISTED
Enbridge Energy Partners
EEP
| $3.26M | 0.01% |
131,800
-201,100
| -60% | -$5.77M |
|
|
QGENF
1599
DELISTED
QIAGEN NV
QGENF
| $3.26M | 0.01% |
126,247
-397,400
| -76% | -$10.3M |
|
|
SGY
1600
DELISTED
Stone Energy
SGY
| $3.25M | 0.01% |
11,544
-27,590
| -71% | -$10.5M |
|
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.