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 | |
|---|---|---|---|---|---|---|
1801
Rayonier Advanced Materials
RYAM
$562M
| $2.44M | 0.01% |
249,287
-70,162
| -22% | -$654K |
|
1802
Moelis & Co
MC
$4.85B
| $2.43M | 0.01% |
+83,382
| New | +$2.39M |
|
|
AXE
1803
DELISTED
Anixter International Inc
AXE
| $2.42M | 0.01% |
40,109
+26,485
| +194% | +$1.69M |
|
1804
NVR
NVR
$17.1B
| $2.42M | 0.01% |
+1,472
| New | +$2.41M |
|
|
SYKE
1805
DELISTED
SYKES Enterprises Inc
SYKE
| $2.42M | 0.01% |
78,494
-123,891
| -61% | -$3.69M |
|
|
CAB
1806
DELISTED
Cabela's Inc
CAB
| $2.41M | 0.01% |
51,613
-2,623,655
| -98% | -$116M |
|
|
HTS
1807
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $2.4M | 0.01% |
182,892
+33,369
| +22% | +$481K |
|
1808
Vanguard FTSE Emerging Markets ETF
VWO
$117B
| $2.4M | 0.01% |
+73,413
| New | +$2.53M |
|
|
ORIT
1809
DELISTED
Oritani Financial Corp. New
ORIT
| $2.39M | 0.01% |
145,014
-244,220
| -63% | -$3.98M |
|
|
NSR
1810
DELISTED
Neustar Inc
NSR
| $2.39M | 0.01% |
99,651
+70,960
| +247% | +$1.83M |
|
1811
Rogers Communications
RCI
$18.8B
| $2.39M | 0.01% |
+69,255
| New | +$2.6M |
|
|
SHOE
1812
Shoe Station Group
SHOE
$424M
| $2.39M | 0.01% |
205,666
+177,502
| +630% | +$1.97M |
|
1813
Sixth Street Specialty
TSLX
$1.67B
| $2.39M | 0.01% |
147,121
+122,156
| +489% | +$2.08M |
|
1814
PUT
State Street Financial Select Sector SPDR ETF
XLF
$56.5B
| $2.38M | 0.01% |
+113,915
| New | +$2.4M |
|
|
UBNK
1815
DELISTED
United Financial Bancorp, Inc.
UBNK
| $2.38M | 0.01% |
184,833
-438,021
| -70% | -$5.86M |
|
|
NPBC
1816
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $2.38M | 0.01% |
192,924
+97,996
| +103% | +$1.2M |
|
|
UBA
1817
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $2.37M | 0.01% |
123,312
+72,351
| +142% | +$1.43M |
|
1818
Korn Ferry
KFY
$4.31B
| $2.37M | 0.01% |
71,286
-21,284
| -23% | -$747K |
|
1819
Prospect Capital
PSEC
$1.08B
| $2.36M | 0.01% |
337,708
+291,204
| +626% | +$2.11M |
|
1820
Sasol
SSL
$7.4B
| $2.35M | ﹤0.01% |
87,763
-124,974
| -59% | -$3.66M |
|
|
GNCMA
1821
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $2.34M | ﹤0.01% |
118,275
+101,937
| +624% | +$2.02M |
|
1822
RB Global
RBA
$21.5B
| $2.34M | ﹤0.01% |
96,984
-281,151
| -74% | -$7.22M |
|
1823
Myriad Genetics
MYGN
$476M
| $2.33M | ﹤0.01% |
54,072
+41,674
| +336% | +$1.76M |
|
|
ANAT
1824
DELISTED
American National Group, Inc. Common Stock
ANAT
| $2.33M | ﹤0.01% |
22,781
-19,384
| -46% | -$2M |
|
1825
Kulicke & Soffa
KLIC
$4.34B
| $2.32M | ﹤0.01% |
198,647
+107,021
| +117% | +$1.17M |
|
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.