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 | |
|---|---|---|---|---|---|---|
|
RDUS
1601
DELISTED
Radius Recycling
RDUS
| $3.49M | 0.01% |
+242,944
| New | +$3.89M |
|
|
CXRX
1602
DELISTED
Concordia International Corp. Common Stock
CXRX
| $3.48M | 0.01% |
85,354
+44,354
| +108% | +$1.56M |
|
|
KAMN
1603
DELISTED
Kaman Corp
KAMN
| $3.48M | 0.01% |
85,302
+59,557
| +231% | +$2.33M |
|
1604
PUT
Jefferies Financial Group
JEF
$12.7B
| $3.48M | 0.01% |
+223,426
| New | +$3.74M |
|
|
DRNA
1605
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $3.47M | 0.01% |
292,560
-54,484
| -16% | -$623K |
|
1606
eHealth
EHTH
$41.9M
| $3.47M | 0.01% |
347,446
-3,771
| -1% | -$44.9K |
|
1607
Alnylam Pharmaceuticals
ALNY
$38.3B
| $3.44M | 0.01% |
+36,513
| New | +$3.39M |
|
1608
ICF International
ICFI
$1.5B
| $3.43M | 0.01% |
96,563
+14,062
| +17% | +$471K |
|
|
LTXB
1609
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $3.43M | 0.01% |
+137,233
| New | +$3.95M |
|
1610
PUT
Ecolab
ECL
$79.8B
| $3.43M | 0.01% |
+30,000
| New | +$3.53M |
|
1611
Omega Healthcare
OHI
$15.3B
| $3.43M | 0.01% |
97,985
-220,363
| -69% | -$7.61M |
|
1612
Adecoagro
AGRO
$1.4B
| $3.42M | 0.01% |
278,705
+106,496
| +62% | +$1.12M |
|
|
VSI
1613
DELISTED
Vitamin Shoppe Inc.
VSI
| $3.42M | 0.01% |
104,713
-347,592
| -77% | -$11M |
|
1614
Expeditors International
EXPD
$22.3B
| $3.42M | 0.01% |
75,830
-207,295
| -73% | -$10M |
|
|
FRP
1615
DELISTED
Fairpoint Communications, Inc.
FRP
| $3.42M | 0.01% |
212,829
+151,248
| +246% | +$2.51M |
|
1616
Merit Medical Systems
MMSI
$4.82B
| $3.42M | 0.01% |
183,816
+32,092
| +21% | +$646K |
|
|
ANH
1617
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $3.42M | 0.01% |
785,547
-205,487
| -21% | -$972K |
|
1618
FIVE9
FIVN
$2.08B
| $3.41M | 0.01% |
392,007
+75,489
| +24% | +$437K |
|
|
SJI
1619
DELISTED
South Jersey Industries, Inc.
SJI
| $3.41M | 0.01% |
144,899
-179,802
| -55% | -$4.4M |
|
|
GNRT
1620
DELISTED
Gener8 Maritime, Inc.
GNRT
| $3.4M | 0.01% |
359,348
-402,803
| -53% | -$4.14M |
|
1621
Ironwood Pharmaceuticals
IRWD
$586M
| $3.39M | 0.01% |
349,259
-1,117,266
| -76% | -$10.8M |
|
1622
Gildan
GIL
$9.49B
| $3.38M | 0.01% |
+118,968
| New | +$3.52M |
|
1623
Veracyte
VCYT
$4.45B
| $3.36M | 0.01% |
466,830
+65,022
| +16% | +$438K |
|
|
EJ
1624
DELISTED
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
| $3.36M | 0.01% |
534,176
-330,857
| -38% | -$2.05M |
|
1625
Skywest
SKYW
$4.35B
| $3.35M | 0.01% |
176,369
-453,762
| -72% | -$8.88M |
|
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.