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 | |
|---|---|---|---|---|---|---|
|
CYBR
1576
DELISTED
CyberArk
CYBR
| $3.62M | 0.01% |
80,104
+57,010
| +247% | +$2.6M |
|
1577
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $3.61M | 0.01% |
34,216
-38,906
| -53% | -$4.15M |
|
1578
QuidelOrtho
QDEL
$1.13B
| $3.61M | 0.01% |
170,123
-135,023
| -44% | -$2.74M |
|
1579
Sibanye-Stillwater
SBSW
$6.05B
| $3.6M | 0.01% |
626,981
-540,546
| -46% | -$3.03M |
|
|
MLNX
1580
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $3.6M | 0.01% |
85,374
+10,321
| +14% | +$459K |
|
|
SRCLP
1581
DELISTED
Stericycle, Inc
SRCLP
| $3.6M | 0.01% |
+39,250
| New | +$3.75M |
|
1582
Forum Energy Technologies
FET
$578M
| $3.59M | 0.01% |
14,416
-25,944
| -64% | -$7.04M |
|
1583
Unifirst Corp
UNF
$5.45B
| $3.58M | 0.01% |
34,348
-31,212
| -48% | -$3.34M |
|
|
EGL
1584
DELISTED
Engility Holdings, Inc.
EGL
| $3.58M | 0.01% |
110,063
+11,828
| +12% | +$377K |
|
|
TLN
1585
DELISTED
Talen Energy Corporation
TLN
| $3.57M | 0.01% |
573,439
-126,236
| -18% | -$1.04M |
|
1586
PUT
Kinder Morgan
KMI
$70.9B
| $3.57M | 0.01% |
239,300
| – | – |
|
1587
Lamar Advertising Co
LAMR
$16.7B
| $3.57M | 0.01% |
59,503
+49,464
| +493% | +$2.84M |
|
|
ECYT
1588
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $3.56M | 0.01% |
888,442
+32,301
| +4% | +$149K |
|
1589
HealthEquity
HQY
$8.71B
| $3.55M | 0.01% |
+141,632
| New | +$4.35M |
|
1590
Alkermes
ALKS
$8.11B
| $3.54M | 0.01% |
44,664
-27,362
| -38% | -$1.92M |
|
1591
Chunghwa Telecom
CHT
$33.5B
| $3.53M | 0.01% |
117,670
-19,477
| -14% | -$593K |
|
1592
Tower Semiconductor
TSEM
$21.2B
| $3.52M | 0.01% |
250,461
+179,653
| +254% | +$2.6M |
|
|
HEES
1593
DELISTED
H&E Equipment Services
HEES
| $3.52M | 0.01% |
201,289
+154,579
| +331% | +$2.84M |
|
1594
Pebblebrook Hotel Trust
PEB
$2.18B
| $3.52M | 0.01% |
+125,505
| New | +$4.14M |
|
|
CDK
1595
DELISTED
CDK Global, Inc.
CDK
| $3.51M | 0.01% |
73,975
-94,609
| -56% | -$4.59M |
|
1596
Ryanair
RYAAY
$30B
| $3.51M | 0.01% |
101,500
+23,059
| +29% | +$753K |
|
1597
Watts Water Technologies
WTS
$11.2B
| $3.51M | 0.01% |
70,599
-4,722
| -6% | -$258K |
|
|
ZGNX
1598
DELISTED
Zogenix, Inc.
ZGNX
| $3.5M | 0.01% |
237,461
-291,802
| -55% | -$3.92M |
|
1599
Comtech Telecommunications
CMTL
$49.7M
| $3.5M | 0.01% |
174,172
+150,859
| +647% | +$3.39M |
|
1600
Cinemark Holdings
CNK
$4.07B
| $3.5M | 0.01% |
104,627
-103,754
| -50% | -$3.58M |
|
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.