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 |
DuPont de Nemours
DD
|
+$1.55B |
| 2 |
Comcast
CMCSA
|
+$449M |
| 3 |
SLB Ltd
SLB
|
+$298M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$281M |
| 5 |
Qualcomm
QCOM
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$229M |
| 2 |
Sempra
SRE
|
+$192M |
| 3 |
Bausch Health
BHC
|
+$183M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$175M |
| 5 |
PepsiCo
PEP
|
+$173M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.35% |
| 2 | Energy | 10.93% |
| 3 | Consumer Discretionary | 8.63% |
| 4 | Financials | 8.18% |
| 5 | Technology | 7.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
GoDaddy
GDDY
$13.9B
| $1.67M | ﹤0.01% |
+66,115
| New | +$1.73M |
|
2027
Carriage Services
CSV
$647M
| $1.66M | ﹤0.01% |
76,709
-67,523
| -47% | -$1.55M |
|
2028
Vanguard Morningstar Value ETF
VTV
$188B
| $1.66M | ﹤0.01% |
+21,573
| New | +$1.75M |
|
2029
Liquidity Services
LQDT
$1.2B
| $1.64M | ﹤0.01% |
222,218
+202,512
| +1,028% | +$1.68M |
|
|
TTOO
2030
DELISTED
T2 Biosystems, Inc
TTOO
| $1.64M | ﹤0.01% |
37
-26
| -41% | -$1.73M |
|
|
IPHS
2031
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.64M | ﹤0.01% |
41,242
+9,266
| +29% | +$448K |
|
|
SRDX
2032
DELISTED
Surmodics
SRDX
| $1.63M | ﹤0.01% |
74,601
+17,973
| +32% | +$422K |
|
2033
Expro Ltd
XPRO
$1.64B
| $1.63M | ﹤0.01% |
17,680
+5,684
| +47% | +$554K |
|
|
WIFI
2034
DELISTED
Boingo Wireless, Inc.
WIFI
| $1.63M | ﹤0.01% |
+196,345
| New | +$1.68M |
|
2035
Kimco Realty
KIM
$17.5B
| $1.62M | ﹤0.01% |
66,492
-1,222,071
| -95% | -$29.3M |
|
|
AOI
2036
DELISTED
Alliance One International
AOI
| $1.62M | ﹤0.01% |
79,534
+6,608
| +9% | +$150K |
|
2037
iShares Russell 3000 ETF
IWV
$19.2B
| $1.62M | ﹤0.01% |
14,209
+9,459
| +199% | +$1.15M |
|
2038
Sturm, Ruger & Co
RGR
$603M
| $1.62M | ﹤0.01% |
27,544
-3,105
| -10% | -$186K |
|
|
FTD
2039
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $1.61M | ﹤0.01% |
54,131
+44,416
| +457% | +$1.31M |
|
2040
Vitamin Cottage Natural Grocers
NGVC
$760M
| $1.6M | ﹤0.01% |
70,756
+15,677
| +28% | +$376K |
|
|
FARM
2041
DELISTED
Farmer Brothers
FARM
| $1.6M | ﹤0.01% |
58,831
+46,032
| +360% | +$1.09M |
|
2042
Nordic American Tanker
NAT
$1.36B
| $1.59M | ﹤0.01% |
105,748
+82,659
| +358% | +$1.23M |
|
|
TFCF
2043
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $1.59M | ﹤0.01% |
58,872
-1,334,311
| -96% | -$39.6M |
|
|
NVDQ
2044
DELISTED
Novadaq Technologies Inc.
NVDQ
| $1.59M | ﹤0.01% |
152,835
-242,844
| -61% | -$2.87M |
|
2045
National Beverage
FIZZ
$3.06B
| $1.59M | ﹤0.01% |
103,464
+69,458
| +204% | +$889K |
|
2046
ANI Pharmaceuticals
ANIP
$1.86B
| $1.59M | ﹤0.01% |
40,173
+12,874
| +47% | +$732K |
|
2047
PhenixFIN
PFX
$83.1M
| $1.58M | ﹤0.01% |
+10,649
| New | +$1.81M |
|
2048
Ameris Bancorp
ABCB
$5.89B
| $1.58M | ﹤0.01% |
55,068
-284,809
| -84% | -$7.73M |
|
|
ORIG
2049
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $1.58M | ﹤0.01% |
81
-274
| -77% | -$8.87M |
|
|
SPTN
2050
DELISTED
SpartanNash
SPTN
| $1.58M | ﹤0.01% |
61,056
-9,902
| -14% | -$300K |
|
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Millennium Management's Q3 2015 Portfolio in Review
As of Q3 2015, Millennium Management held 4,098 positions worth $51.6B, down 2.3% from $52.9B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Millennium Management deployed $5.12B of net new capital in Q3 2015, opening 840 new positions and adding to 1,320 existing holdings. Its largest new stake was BP: 4,551,492 shares worth $117M.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, down from 14% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Alexion Pharmaceuticals, an estimated $229M trimmed.
- Millennium Management's largest Q3 2015 buy was BP: 4,551,492 shares worth $117M.
- Millennium Management added most to DuPont de Nemours in Q3 2015, an estimated $1.55B increase.
- Millennium Management's biggest Q3 2015 reduction was Alexion Pharmaceuticals, cutting an estimated $229M.
- Millennium Management fully exited PepsiCo in Q3 2015, selling an estimated $173M.
- Millennium Management's ten largest holdings make up 14% of its $51.6B portfolio in Q3 2015.
- Millennium Management opened 840 new positions and closed 681 in Q3 2015.
- Millennium Management's portfolio value fell 2.3% quarter-over-quarter to $51.6B.
Based on Millennium Management's 13F filing for Q3 2015, filed 16 Nov 2015.