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 | |
|---|---|---|---|---|---|---|
|
CA
2026
DELISTED
CA, Inc.
CA
| $1.68M | ﹤0.01% |
58,651
-116,214
| -66% | -$3.26M |
|
2027
Quaker Houghton
KWR
$2.58B
| $1.67M | ﹤0.01% |
21,659
-20,733
| -49% | -$1.68M |
|
2028
iShares Russell Mid-Cap Value ETF
IWS
$15.7B
| $1.67M | ﹤0.01% |
24,336
-36,444
| -60% | -$2.56M |
|
2029
Ryman Hospitality Properties
RHP
$8.56B
| $1.67M | ﹤0.01% |
32,355
+10,299
| +47% | +$550K |
|
2030
3D Systems Corp
DDD
$405M
| $1.67M | ﹤0.01% |
192,098
+80,857
| +73% | +$835K |
|
|
ILG
2031
DELISTED
ILG, Inc Common Stock
ILG
| $1.67M | ﹤0.01% |
106,670
+82,716
| +345% | +$1.41M |
|
|
OCRX
2032
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $1.67M | ﹤0.01% |
533,794
-15,251
| -3% | -$52.1K |
|
|
AFSI
2033
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $1.66M | ﹤0.01% |
53,946
-290,864
| -84% | -$9.3M |
|
2034
NatWest
NWG
$69.9B
| $1.66M | ﹤0.01% |
+173,662
| New | +$1.77M |
|
|
CORR
2035
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $1.66M | ﹤0.01% |
111,819
+95,459
| +583% | +$2.12M |
|
2036
Zillow
ZG
$7.85B
| $1.66M | ﹤0.01% |
+63,663
| New | +$1.81M |
|
2037
Costamare
CMRE
$1.85B
| $1.66M | ﹤0.01% |
158,819
-60,658
| -28% | -$749K |
|
2038
CEVA Inc
CEVA
$831M
| $1.65M | ﹤0.01% |
+70,759
| New | +$1.69M |
|
2039
iShares S&P 100 ETF
OEF
$19.5B
| $1.65M | ﹤0.01% |
18,130
-27,128
| -60% | -$2.49M |
|
|
PIR
2040
DELISTED
Pier 1 Imports, Inc.
PIR
| $1.65M | ﹤0.01% |
+16,193
| New | +$2.16M |
|
2041
Credit Acceptance
CACC
$5.82B
| $1.65M | ﹤0.01% |
+7,689
| New | +$1.57M |
|
|
POWR
2042
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $1.65M | ﹤0.01% |
109,352
+17,190
| +19% | +$231K |
|
2043
Worthington Enterprises
WOR
$2.74B
| $1.65M | ﹤0.01% |
88,545
-739,901
| -89% | -$13.7M |
|
2044
iShares S&P 500 Growth ETF
IVW
$70.5B
| $1.64M | ﹤0.01% |
56,780
-13,160
| -19% | -$383K |
|
2045
Morgan Stanley
MS
$319B
| $1.64M | ﹤0.01% |
51,688
-2,033,513
| -98% | -$67.6M |
|
2046
KB Financial Group
KB
$39.5B
| $1.64M | ﹤0.01% |
58,937
+41,837
| +245% | +$1.27M |
|
2047
Independent Bank
INDB
$4.04B
| $1.63M | ﹤0.01% |
+35,111
| New | +$1.69M |
|
2048
Toro Company
TTC
$8.79B
| $1.63M | ﹤0.01% |
44,644
+7,906
| +22% | +$296K |
|
|
NILE
2049
DELISTED
Blue Nile, Inc.
NILE
| $1.63M | ﹤0.01% |
43,878
-1,360
| -3% | -$47.7K |
|
2050
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $1.62M | ﹤0.01% |
+15,352
| New | +$1.65M |
|
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.