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 | |
|---|---|---|---|---|---|---|
|
CIE
151
DELISTED
Cobalt International Energy, Inc
CIE
| $64.6M | 0.14% |
797,304
+193,046
| +32% | +$21.2M |
|
|
QLIK
152
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $64.5M | 0.14% |
2,036,538
+79,442
| +4% | +$2.6M |
|
153
UnitedHealth
UNH
$376B
| $64.1M | 0.13% |
544,648
+525,140
| +2,692% | +$61.4M |
|
154
Delek US
DK
$4.16B
| $64M | 0.13% |
2,603,244
+1,334,718
| +105% | +$35M |
|
155
Associated Banc-Corp
ASB
$5.83B
| $63.9M | 0.13% |
3,410,596
+954,197
| +39% | +$18.5M |
|
156
CVS Health
CVS
$133B
| $63.9M | 0.13% |
653,360
-1,141,645
| -64% | -$112M |
|
157
Boston Properties
BXP
$11.2B
| $63.6M | 0.13% |
498,470
-470,874
| -49% | -$58.6M |
|
|
K
158
DELISTED
Kellanova
K
| $63.4M | 0.13% |
934,167
-456,607
| -33% | -$29.8M |
|
|
EMC
159
DELISTED
EMC CORPORATION
EMC
| $63.1M | 0.13% |
2,458,628
+459,152
| +23% | +$11.9M |
|
160
Bank of America
BAC
$435B
| $63M | 0.13% |
3,744,974
+2,346,580
| +168% | +$39.7M |
|
161
Trane Technologies
TT
$100B
| $62.9M | 0.13% |
1,137,085
-1,181,863
| -51% | -$66.5M |
|
162
Aptiv
APTV
$12B
| $62.7M | 0.13% |
731,544
+384,305
| +111% | +$32.1M |
|
|
PNRA
163
DELISTED
Panera Bread Co
PNRA
| $62.3M | 0.13% |
319,835
+84,987
| +36% | +$15.8M |
|
|
DO
164
DELISTED
Diamond Offshore Drilling
DO
| $62.2M | 0.13% |
2,946,850
-383,813
| -12% | -$8.09M |
|
|
SNV
165
DELISTED
Synovus
SNV
| $61.9M | 0.13% |
1,911,355
-1,261,811
| -40% | -$40.2M |
|
166
Darling Ingredients
DAR
$9.64B
| $61.9M | 0.13% |
5,882,175
-2,209,319
| -27% | -$23M |
|
167
NNN REIT
NNN
$9.04B
| $61.8M | 0.13% |
1,542,106
-536,110
| -26% | -$20.4M |
|
168
Popular Inc
BPOP
$11.2B
| $61.8M | 0.13% |
2,179,262
+42,459
| +2% | +$1.26M |
|
169
Mohawk Industries
MHK
$7.5B
| $61.2M | 0.13% |
323,011
+32,832
| +11% | +$6.3M |
|
170
Citizens Financial Group
CFG
$30.3B
| $61M | 0.13% |
2,327,816
-1,171,267
| -33% | -$29.5M |
|
171
Crown Holdings
CCK
$12.8B
| $60.8M | 0.13% |
1,200,184
+610,088
| +103% | +$31.1M |
|
172
Sinclair Inc
SBGI
$992M
| $60.8M | 0.13% |
1,867,100
+1,847,997
| +9,674% | +$58.8M |
|
|
PDCE
173
DELISTED
PDC Energy, Inc.
PDCE
| $60.6M | 0.13% |
1,135,942
-545,663
| -32% | -$31.4M |
|
|
WPX
174
DELISTED
WPX Energy, Inc.
WPX
| $60.6M | 0.13% |
10,558,297
+76,432
| +0.7% | +$568K |
|
175
Oil States International
OIS
$489M
| $60.6M | 0.13% |
2,223,300
+1,194,175
| +116% | +$35.5M |
|
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.