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 | |
|---|---|---|---|---|---|---|
2001
First Commonwealth Financial
FCF
$2.22B
| $1.78M | ﹤0.01% |
+195,794
| New | +$1.83M |
|
|
TRQ
2002
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $1.77M | ﹤0.01% |
69,832
+27,857
| +66% | +$754K |
|
2003
Kopin
KOPN
$586M
| $1.76M | ﹤0.01% |
648,148
+4,344
| +0.7% | +$12.7K |
|
2004
Vanguard Total Bond Market
BND
$158B
| $1.76M | ﹤0.01% |
21,780
-1,261
| -5% | -$103K |
|
|
DBD
2005
DELISTED
Diebold Nixdorf Incorporated
DBD
| $1.76M | ﹤0.01% |
58,423
-21,501
| -27% | -$730K |
|
2006
Element Solutions
ESI
$8.48B
| $1.75M | ﹤0.01% |
+136,799
| New | +$1.66M |
|
2007
SunCoke Energy
SXC
$794M
| $1.75M | ﹤0.01% |
504,598
-906,825
| -64% | -$4.35M |
|
|
YRD
2008
Yiren Digital
YRD
$93.6M
| $1.75M | ﹤0.01% |
+184,734
| New | +$1.76M |
|
2009
Chesapeake Utilities
CPK
$3.28B
| $1.74M | ﹤0.01% |
30,706
-21,968
| -42% | -$1.18M |
|
|
VRN
2010
DELISTED
Veren
VRN
| $1.74M | ﹤0.01% |
149,274
+12,274
| +9% | +$161K |
|
|
ARIA
2011
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $1.74M | ﹤0.01% |
277,634
-194,614
| -41% | -$1.28M |
|
2012
MACOM Technology Solutions
MTSI
$17.4B
| $1.73M | ﹤0.01% |
42,221
-265,886
| -86% | -$9.25M |
|
|
WBA
2013
DELISTED
Walgreens Boots Alliance
WBA
| $1.73M | ﹤0.01% |
20,266
-1,448,628
| -99% | -$123M |
|
|
SJR
2014
DELISTED
Shaw Communications Inc.
SJR
| $1.72M | ﹤0.01% |
100,193
-225,390
| -69% | -$4.46M |
|
|
VALE.P
2015
DELISTED
Vale S A
VALE.P
| $1.72M | ﹤0.01% |
675,252
+369,198
| +121% | +$1.2M |
|
2016
Amkor Technology
AMKR
$10.6B
| $1.72M | ﹤0.01% |
+282,679
| New | +$1.71M |
|
|
BV
2017
DELISTED
Bazaarvoice, Inc.
BV
| $1.72M | ﹤0.01% |
392,521
+332,133
| +550% | +$1.52M |
|
2018
Interface
TILE
$1.95B
| $1.71M | ﹤0.01% |
89,307
-761,314
| -90% | -$15.7M |
|
|
NTUS
2019
DELISTED
Natus Medical Inc
NTUS
| $1.7M | ﹤0.01% |
35,313
-24,669
| -41% | -$1.14M |
|
|
SPPI
2020
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $1.7M | ﹤0.01% |
281,067
-402,493
| -59% | -$2.3M |
|
|
FUR
2021
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
| $1.69M | ﹤0.01% |
130,558
+20,694
| +19% | +$289K |
|
|
ISBC
2022
DELISTED
Investors Bancorp, Inc.
ISBC
| $1.69M | ﹤0.01% |
135,754
-309,097
| -69% | -$3.89M |
|
|
ETP
2023
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $1.69M | ﹤0.01% |
50,000
-559,900
| -92% | -$22M |
|
|
OB
2024
DELISTED
Onebeacon Insurance Group Ltd
OB
| $1.68M | ﹤0.01% |
135,042
+50,330
| +59% | +$693K |
|
|
HPY
2025
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $1.68M | ﹤0.01% |
+17,670
| New | +$1.36M |
|
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.