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 | |
|---|---|---|---|---|---|---|
|
SPTN
1726
DELISTED
SpartanNash
SPTN
| $2.75M | 0.01% |
127,144
+66,088
| +108% | +$1.63M |
|
1727
PUT
United States Oil Fund
USO
$2.15B
| $2.75M | 0.01% |
31,250
+12,500
| +67% | +$1.33M |
|
1728
Archer Daniels Midland
ADM
$38.7B
| $2.75M | 0.01% |
74,895
+8,651
| +13% | +$347K |
|
|
ZIXI
1729
DELISTED
Zix Corporation
ZIXI
| $2.74M | 0.01% |
540,182
+409,399
| +313% | +$2.1M |
|
1730
PUT
Martin Marietta Materials
MLM
$34.2B
| $2.73M | 0.01% |
20,000
-20,000
| -50% | -$3.03M |
|
|
CYOU
1731
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $2.73M | 0.01% |
109,812
+53,418
| +95% | +$1.12M |
|
1732
CALL
Oil States International
OIS
$466M
| $2.73M | 0.01% |
+100,000
| New | +$2.97M |
|
1733
Xencor
XNCR
$1.45B
| $2.72M | 0.01% |
186,075
+114,408
| +160% | +$1.54M |
|
|
PPBI
1734
DELISTED
Pacific Premier Bancorp
PPBI
| $2.72M | 0.01% |
127,937
+90,337
| +240% | +$1.99M |
|
|
LDL
1735
DELISTED
Lydall, Inc.
LDL
| $2.71M | 0.01% |
76,346
+54,397
| +248% | +$1.86M |
|
1736
PUT
Louisiana-Pacific
LPX
$5.14B
| $2.7M | 0.01% |
150,000
-50,000
| -25% | -$866K |
|
|
FLOW
1737
DELISTED
SPX FLOW, Inc.
FLOW
| $2.7M | 0.01% |
96,662
-471,089
| -83% | -$15.5M |
|
|
AAN.A
1738
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $2.7M | 0.01% |
120,416
+106,247
| +750% | +$2.38M |
|
1739
Aon
AON
$80.6B
| $2.69M | 0.01% |
29,200
+25,635
| +719% | +$2.39M |
|
|
ABCO
1740
DELISTED
Advisory Board Co
ABCO
| $2.69M | 0.01% |
+54,275
| New | +$2.64M |
|
1741
Agios Pharmaceuticals
AGIO
$2.08B
| $2.69M | 0.01% |
+41,454
| New | +$2.72M |
|
1742
CALL
Silgan Holdings
SLGN
$4.51B
| $2.69M | 0.01% |
+100,000
| New | +$2.64M |
|
1743
Veeva Systems
VEEV
$33.8B
| $2.68M | 0.01% |
+93,022
| New | +$2.48M |
|
|
IPHS
1744
DELISTED
Innophos Holdings, Inc.
IPHS
| $2.68M | 0.01% |
92,532
+51,290
| +124% | +$1.81M |
|
1745
CALL
Helmerich & Payne
HP
$3.34B
| $2.68M | 0.01% |
50,000
| – | – |
|
|
LTRPA
1746
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $2.68M | 0.01% |
88,245
-241,562
| -73% | -$7.12M |
|
|
EFOR
1747
Everforth Inc
EFOR
$960M
| $2.68M | 0.01% |
+59,533
| New | +$2.6M |
|
|
BGG
1748
DELISTED
Briggs & Stratton Corp.
BGG
| $2.67M | 0.01% |
154,615
-386,545
| -71% | -$7.23M |
|
1749
Mueller Industries
MLI
$14.5B
| $2.67M | 0.01% |
393,472
+315,312
| +403% | +$2.39M |
|
|
SGY
1750
DELISTED
Stone Energy
SGY
| $2.66M | 0.01% |
10,920
-624
| -5% | -$214K |
|
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.