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 | |
|---|---|---|---|---|---|---|
|
PGI
1601
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
| $3.25M | 0.01% |
236,445
-14,330
| -6% | -$161K |
|
1602
Lumentum
LITE
$46.9B
| $3.24M | 0.01% |
+190,968
| New | +$3.62M |
|
|
GK
1603
DELISTED
G&K Services Inc
GK
| $3.23M | 0.01% |
+48,557
| New | +$3.31M |
|
1604
Cintas
CTAS
$86.6B
| $3.23M | 0.01% |
+150,752
| New | +$3.24M |
|
1605
Melco Resorts & Entertainment
MLCO
$2.21B
| $3.23M | 0.01% |
234,607
+137,949
| +143% | +$2.66M |
|
1606
Seagate
STX
$174B
| $3.2M | 0.01% |
71,402
+46,952
| +192% | +$2.27M |
|
1607
Banco Santander Chile
BSAC
$16.1B
| $3.19M | 0.01% |
+175,032
| New | +$3.42M |
|
1608
Martin Marietta Materials
MLM
$34.2B
| $3.19M | 0.01% |
20,962
+7,370
| +54% | +$1.19M |
|
1609
AngioDynamics
ANGO
$605M
| $3.18M | 0.01% |
241,251
+96,889
| +67% | +$1.46M |
|
1610
Sprott Physical Gold and Silver Trust
CEF
$7.38B
| $3.18M | 0.01% |
+300,390
| New | +$3.26M |
|
1611
TriCo Bancshares
TCBK
$1.85B
| $3.18M | 0.01% |
129,346
+73,083
| +130% | +$1.77M |
|
1612
Hawaiian Electric Industries
HE
$2.26B
| $3.17M | 0.01% |
+110,354
| New | +$3.24M |
|
|
MR
1613
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $3.16M | 0.01% |
144,519
-335,033
| -70% | -$8.55M |
|
|
PBPB
1614
DELISTED
Potbelly
PBPB
| $3.15M | 0.01% |
286,450
+274,250
| +2,248% | +$3.29M |
|
1615
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $3.14M | 0.01% |
+16,391
| New | +$3.32M |
|
|
DFRG
1616
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $3.13M | 0.01% |
225,530
+60,660
| +37% | +$923K |
|
|
AVNS
1617
DELISTED
Avanos Medical
AVNS
| $3.12M | 0.01% |
109,788
-39,771
| -27% | -$1.39M |
|
1618
PUT
GoPro
GPRO
$120M
| $3.12M | 0.01% |
+100,000
| New | +$4.92M |
|
|
RFP
1619
DELISTED
Resolute Forest Products Inc.
RFP
| $3.12M | 0.01% |
375,274
+190,326
| +103% | +$1.84M |
|
1620
CRH
CRH
$66.6B
| $3.11M | 0.01% |
+117,169
| New | +$3.39M |
|
|
UN
1621
DELISTED
Unilever NV New York Registry Shares
UN
| $3.1M | 0.01% |
+77,233
| New | +$3.25M |
|
1622
CALL
Hilton Worldwide
HLT
$72.4B
| $3.1M | 0.01% |
45,000
-55,000
| -55% | -$4.25M |
|
1623
Preferred Bank
PFBC
$1.24B
| $3.1M | 0.01% |
97,981
+83,951
| +598% | +$2.58M |
|
|
AHGP
1624
PUT
DELISTED
Alliance Holdings GP
AHGP
| $3.1M | 0.01% |
+100,000
| New | +$3.61M |
|
1625
Waters Corp
WAT
$37.3B
| $3.09M | 0.01% |
26,159
-108,574
| -81% | -$13.7M |
|
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.