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 | |
|---|---|---|---|---|---|---|
|
ISIL
1626
DELISTED
Intersil Corp
ISIL
| $3.09M | 0.01% |
264,205
+103,995
| +65% | +$1.16M |
|
1627
Quad
QUAD
$479M
| $3.09M | 0.01% |
255,165
-199,942
| -44% | -$3.03M |
|
1628
Valmont Industries
VMI
$8.81B
| $3.08M | 0.01% |
32,511
-16,949
| -34% | -$1.85M |
|
1629
Braskem
BAK
$901M
| $3.08M | 0.01% |
+365,542
| New | +$2.82M |
|
1630
Pembina Pipeline
PBA
$29.3B
| $3.08M | 0.01% |
+128,353
| New | +$3.59M |
|
|
CKP
1631
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $3.07M | 0.01% |
423,827
+226,071
| +114% | +$1.89M |
|
1632
Imperial Oil
IMO
$62.3B
| $3.07M | 0.01% |
+97,200
| New | +$3.37M |
|
1633
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $3.06M | 0.01% |
62,909
+1,159
| +2% | +$56.4K |
|
1634
Korn Ferry
KFY
$4.31B
| $3.06M | 0.01% |
92,570
-383,141
| -81% | -$13.1M |
|
1635
Seres Therapeutics
MCRB
$45M
| $3.06M | 0.01% |
5,163
+1,016
| +24% | +$829K |
|
1636
World Acceptance Corp
WRLD
$861M
| $3.04M | 0.01% |
113,424
+90,516
| +395% | +$3.85M |
|
|
GBT
1637
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $3.04M | 0.01% |
+72,168
| New | +$3.4M |
|
1638
Telkom Indonesia
TLK
$14.2B
| $3.03M | 0.01% |
+170,174
| New | +$3.44M |
|
|
UNT
1639
DELISTED
UNIT Corporation
UNT
| $3.03M | 0.01% |
268,983
+91,620
| +52% | +$1.56M |
|
1640
Sabra Healthcare REIT
SBRA
$5.56B
| $3.02M | 0.01% |
130,234
+32,529
| +33% | +$830K |
|
|
TW
1641
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $3.01M | 0.01% |
25,676
+24,846
| +2,993% | +$3.08M |
|
1642
Titan International
TWI
$492M
| $3.01M | 0.01% |
455,311
+131,937
| +41% | +$1.15M |
|
1643
Toronto Dominion Bank
TD
$193B
| $2.99M | 0.01% |
75,955
-1,268,926
| -94% | -$50.5M |
|
1644
MGE Energy Inc
MGEE
$3.03B
| $2.99M | 0.01% |
+72,569
| New | +$2.87M |
|
1645
Vodafone
VOD
$37.1B
| $2.98M | 0.01% |
93,995
-187,415
| -67% | -$6.67M |
|
|
AZPN
1646
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $2.98M | 0.01% |
78,699
+69,099
| +720% | +$2.62M |
|
1647
Invesco Mortgage Capital
IVR
$759M
| $2.98M | 0.01% |
24,358
-39,606
| -62% | -$5.52M |
|
|
VXZ
1648
DELISTED
iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019
VXZ
| $2.98M | 0.01% |
57,237
+3,888
| +7% | +$180K |
|
1649
Atlantic Union Bankshares
AUB
$6.05B
| $2.98M | 0.01% |
124,050
+71,767
| +137% | +$1.7M |
|
1650
Federal Realty Investment Trust
FRT
$10.9B
| $2.97M | 0.01% |
21,797
+6,691
| +44% | +$894K |
|
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.