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 | |
|---|---|---|---|---|---|---|
|
EQY
176
DELISTED
Equity One
EQY
| $60.5M | 0.13% |
2,226,850
+264,750
| +13% | +$6.99M |
|
|
LSI
177
DELISTED
Life Storage, Inc.
LSI
| $60.4M | 0.13% |
844,686
-73,200
| -8% | -$4.9M |
|
178
iShares Biotechnology ETF
IBB
$9.34B
| $60.4M | 0.13% |
535,476
-279,009
| -34% | -$30.3M |
|
179
Graphic Packaging
GPK
$3.17B
| $60.3M | 0.13% |
4,700,089
-645,737
| -12% | -$8.67M |
|
|
XEC
180
DELISTED
CIMAREX ENERGY CO
XEC
| $60.3M | 0.13% |
674,207
-850,204
| -56% | -$94.5M |
|
|
TCF
181
DELISTED
TCF Financial Corporation
TCF
| $60.1M | 0.13% |
4,255,345
-634,415
| -13% | -$9.56M |
|
182
Neurocrine Biosciences
NBIX
$16.8B
| $59.8M | 0.13% |
1,057,623
-267,751
| -20% | -$13.6M |
|
183
Essex Property Trust
ESS
$18.3B
| $59.4M | 0.13% |
248,302
-113,773
| -31% | -$26.1M |
|
|
ATVI
184
DELISTED
Activision Blizzard
ATVI
| $59M | 0.12% |
1,524,994
-2,253,536
| -60% | -$81.2M |
|
185
Flex
FLEX
$41.7B
| $59M | 0.12% |
6,986,721
+5,924,391
| +558% | +$50.1M |
|
186
Fidelity National Information Services
FIS
$23.1B
| $58.8M | 0.12% |
970,485
-583,371
| -38% | -$38.6M |
|
187
O'Reilly Automotive
ORLY
$72.9B
| $58.6M | 0.12% |
3,468,105
+1,620,780
| +88% | +$28.1M |
|
188
Coca-Cola Europacific Partners
CCEP
$48.3B
| $58.2M | 0.12% |
1,181,117
-746,398
| -39% | -$37.6M |
|
189
Voya Financial
VOYA
$9.01B
| $58.1M | 0.12% |
1,573,920
+110,128
| +8% | +$4.36M |
|
190
Albemarle
ALB
$13.9B
| $58.1M | 0.12% |
1,036,914
-221,136
| -18% | -$11.4M |
|
191
Broadcom
AVGO
$1.85T
| $58M | 0.12% |
3,998,290
-2,427,130
| -38% | -$31.5M |
|
|
GXP
192
DELISTED
Great Plains Energy Incorporated
GXP
| $57.5M | 0.12% |
+2,106,474
| New | +$57.1M |
|
|
ETP
193
DELISTED
Energy Transfer Partners L.p.
ETP
| $57.3M | 0.12% |
1,698,125
+221,053
| +15% | +$8.67M |
|
|
STJ
194
DELISTED
St Jude Medical
STJ
| $57.2M | 0.12% |
925,894
+60,135
| +7% | +$3.79M |
|
|
LM
195
DELISTED
Legg Mason, Inc.
LM
| $56.7M | 0.12% |
1,444,442
-111,249
| -7% | -$4.76M |
|
196
Norwegian Cruise Line
NCLH
$8.51B
| $56.6M | 0.12% |
965,676
+761,478
| +373% | +$44.8M |
|
197
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $56.6M | 0.12% |
277,475
+261,084
| +1,593% | +$53.6M |
|
198
Tanger
SKT
$4.67B
| $56.4M | 0.12% |
1,725,111
+1,685,573
| +4,263% | +$57.2M |
|
199
Kinder Morgan
KMI
$71.7B
| $56.2M | 0.12% |
+3,768,023
| New | +$89.8M |
|
200
Devon Energy
DVN
$52.1B
| $55.9M | 0.12% |
1,746,444
-4,104,616
| -70% | -$168M |
|
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.