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 | |
|---|---|---|---|---|---|---|
2051
Banc of California
BANC
$2.87B
| $1.62M | ﹤0.01% |
111,037
+52,968
| +91% | +$731K |
|
|
BKCC
2052
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $1.62M | ﹤0.01% |
172,423
+107,719
| +166% | +$1.02M |
|
2053
Accenture
ACN
$106B
| $1.62M | ﹤0.01% |
15,500
-4,698
| -23% | -$496K |
|
2054
CALL
PTC Therapeutics
PTCT
$6.18B
| $1.62M | ﹤0.01% |
50,000
-200,000
| -80% | -$5.89M |
|
2055
Insight Enterprises
NSIT
$3.85B
| $1.62M | ﹤0.01% |
64,454
+44,493
| +223% | +$1.17M |
|
|
TWX
2056
CALL
DELISTED
Time Warner Inc
TWX
| $1.62M | ﹤0.01% |
+25,000
| New | +$1.75M |
|
2057
Marcus Corp
MCS
$767M
| $1.62M | ﹤0.01% |
85,210
-28,994
| -25% | -$580K |
|
|
ISCA
2058
DELISTED
International Speedway Corp
ISCA
| $1.61M | ﹤0.01% |
47,900
+40,014
| +507% | +$1.39M |
|
2059
First Citizens BancShares
FCNCA
$24.7B
| $1.61M | ﹤0.01% |
6,237
-6,875
| -52% | -$1.71M |
|
|
ANTH
2060
DELISTED
Anthera Pharmaceuticals, Inc.
ANTH
| $1.61M | ﹤0.01% |
43,338
-3,619
| -8% | -$160K |
|
2061
Booking.com
BKNG
$156B
| $1.6M | ﹤0.01% |
31,375
-57,925
| -65% | -$3.06M |
|
|
VVC
2062
DELISTED
Vectren Corporation
VVC
| $1.6M | ﹤0.01% |
37,714
+26,262
| +229% | +$1.13M |
|
|
AAAP
2063
DELISTED
Advanced Accelerator Applications S.A.
AAAP
| $1.6M | ﹤0.01% |
+51,114
| New | +$1.42M |
|
2064
Service Corp International
SCI
$11.8B
| $1.6M | ﹤0.01% |
61,370
-151,377
| -71% | -$4.14M |
|
2065
Teekay
TK
$996M
| $1.6M | ﹤0.01% |
161,671
+121,461
| +302% | +$3.16M |
|
2066
PUT
Morgan Stanley
MS
$319B
| $1.59M | ﹤0.01% |
+50,000
| New | +$1.66M |
|
|
SSNI
2067
DELISTED
Silver Spring Networks, Inc.
SSNI
| $1.59M | ﹤0.01% |
110,340
+40,040
| +57% | +$559K |
|
|
TAHO
2068
DELISTED
Tahoe Resources Inc
TAHO
| $1.59M | ﹤0.01% |
183,036
-8,681
| -5% | -$75.5K |
|
|
SEMG
2069
DELISTED
SEMGROUP CORPORATION
SEMG
| $1.59M | ﹤0.01% |
+54,962
| New | +$2.1M |
|
|
CEO
2070
DELISTED
CNOOC Limited
CEO
| $1.59M | ﹤0.01% |
15,191
-74,355
| -83% | -$8.22M |
|
2071
Steel Dynamics
STLD
$36.4B
| $1.58M | ﹤0.01% |
88,704
-2,873,947
| -97% | -$51.4M |
|
2072
Petrobras Class A
PBR.A
$106B
| $1.58M | ﹤0.01% |
465,849
-436,379
| -48% | -$1.73M |
|
|
USAK
2073
DELISTED
USA Truck Inc
USAK
| $1.58M | ﹤0.01% |
90,335
+50,031
| +124% | +$939K |
|
2074
CALL
Macy's
M
$6.51B
| $1.57M | ﹤0.01% |
45,000
-35,000
| -44% | -$1.52M |
|
|
SREV
2075
DELISTED
ServiceSource International, Inc.
SREV
| $1.57M | ﹤0.01% |
340,214
-135,944
| -29% | -$640K |
|
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.