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 | |
|---|---|---|---|---|---|---|
|
FUR
2051
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
| $1.58M | ﹤0.01% |
109,864
+32,201
| +41% | +$472K |
|
|
GDEF
2052
DELISTED
GLOBAL DEFENSE & NATIONAL SECURITY SYSTEMS INC COM
GDEF
| $1.58M | ﹤0.01% |
149,800
-200
| -0.1% | -$2.11K |
|
|
LTC
2053
LTC Properties
LTC
$2.13B
| $1.57M | ﹤0.01% |
+36,760
| New | +$1.56M |
|
|
VRN
2054
DELISTED
Veren
VRN
| $1.57M | ﹤0.01% |
137,000
+67,482
| +97% | +$948K |
|
2055
VanEck Agribusiness ETF
MOO
$992M
| $1.56M | ﹤0.01% |
34,025
+2,996
| +10% | +$154K |
|
|
HZN
2056
DELISTED
Horizon Global Corporation
HZN
| $1.56M | ﹤0.01% |
+176,779
| New | +$1.98M |
|
|
CSLT
2057
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $1.55M | ﹤0.01% |
369,910
+302,885
| +452% | +$1.91M |
|
|
DRRX
2058
DELISTED
DURECT Corp
DRRX
| $1.55M | ﹤0.01% |
79,650
-312,626
| -80% | -$7.11M |
|
2059
Pan American Silver
PAAS
$17.9B
| $1.55M | ﹤0.01% |
+244,456
| New | +$1.67M |
|
|
CEB
2060
DELISTED
CEB Inc.
CEB
| $1.54M | ﹤0.01% |
+22,586
| New | +$1.74M |
|
|
WIBC
2061
DELISTED
WILSHIRE BANCORP INC
WIBC
| $1.54M | ﹤0.01% |
+146,578
| New | +$1.66M |
|
|
INFI
2062
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $1.54M | ﹤0.01% |
182,088
-274,133
| -60% | -$2.53M |
|
2063
NewMarket
NEU
$7.24B
| $1.54M | ﹤0.01% |
+4,304
| New | +$1.74M |
|
2064
Chemours
CC
$2.48B
| $1.53M | ﹤0.01% |
+236,896
| New | +$2.48M |
|
2065
Entegris
ENTG
$16.3B
| $1.53M | ﹤0.01% |
+115,843
| New | +$1.6M |
|
2066
Sunrun
RUN
$2.26B
| $1.53M | ﹤0.01% |
+147,258
| New | +$1.59M |
|
|
PFSW
2067
DELISTED
PFSweb, Inc.
PFSW
| $1.53M | ﹤0.01% |
107,351
+37,044
| +53% | +$487K |
|
|
TSS
2068
DELISTED
Total System Services, Inc.
TSS
| $1.52M | ﹤0.01% |
33,550
-21,737
| -39% | -$989K |
|
2069
LGI Homes
LGIH
$1.35B
| $1.52M | ﹤0.01% |
+56,018
| New | +$1.32M |
|
|
SRG
2070
Seritage Growth Properties
SRG
$138M
| $1.52M | ﹤0.01% |
+40,884
| New | +$1.62M |
|
2071
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.74B
| $1.52M | ﹤0.01% |
16,066
+9,977
| +164% | +$979K |
|
2072
Radware
RDWR
$983M
| $1.52M | ﹤0.01% |
93,486
-114,426
| -55% | -$2.18M |
|
|
NILE
2073
DELISTED
Blue Nile, Inc.
NILE
| $1.52M | ﹤0.01% |
+45,238
| New | +$1.47M |
|
2074
CALL
Alerian MLP ETF
AMLP
$12.9B
| $1.5M | ﹤0.01% |
+24,000
| New | +$1.75M |
|
|
FNGN
2075
DELISTED
Financial Engines, Inc.
FNGN
| $1.5M | ﹤0.01% |
+50,773
| New | +$1.89M |
|
Similar funds
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.