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 | |
|---|---|---|---|---|---|---|
|
CVA
2076
DELISTED
Covanta Holding Corporation
CVA
| $1.49M | ﹤0.01% |
85,425
+38,975
| +84% | +$771K |
|
|
RSE
2077
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $1.49M | ﹤0.01% |
95,531
+73,152
| +327% | +$1.22M |
|
|
AKTX
2078
Akari Therapeutics
AKTX
$14.4M
| $1.49M | ﹤0.01% |
+77
| New | +$911K |
|
|
TAHO
2079
DELISTED
Tahoe Resources Inc
TAHO
| $1.48M | ﹤0.01% |
191,717
+94,733
| +98% | +$843K |
|
2080
Unilever
UL
$142B
| $1.48M | ﹤0.01% |
32,323
+9,224
| +40% | +$441K |
|
2081
PUT
Teekay
TK
$996M
| $1.48M | ﹤0.01% |
+50,000
| New | +$1.79M |
|
2082
PUT
Cracker Barrel
CBRL
$1.26B
| $1.47M | ﹤0.01% |
+10,000
| New | +$1.5M |
|
|
EGOV
2083
DELISTED
NIC Inc
EGOV
| $1.47M | ﹤0.01% |
83,009
+56,073
| +208% | +$1.02M |
|
2084
Radian Group
RDN
$5.28B
| $1.47M | ﹤0.01% |
92,280
-1,303,105
| -93% | -$23.3M |
|
2085
CALL
HF Sinclair
DINO
$16.2B
| $1.47M | ﹤0.01% |
+30,000
| New | +$1.43M |
|
2086
iShares Core S&P Mid-Cap ETF
IJH
$121B
| $1.46M | ﹤0.01% |
53,365
+45,320
| +563% | +$1.32M |
|
2087
United Bankshares
UBSI
$6.69B
| $1.46M | ﹤0.01% |
+38,387
| New | +$1.51M |
|
|
MIK
2088
DELISTED
Michaels Stores, Inc
MIK
| $1.46M | ﹤0.01% |
62,969
+5,097
| +9% | +$130K |
|
|
KKD
2089
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $1.45M | ﹤0.01% |
99,051
-634,318
| -86% | -$11.1M |
|
|
BCOV
2090
DELISTED
Brightcove, Inc.
BCOV
| $1.45M | ﹤0.01% |
294,244
+16,653
| +6% | +$94.2K |
|
|
KITE
2091
DELISTED
Kite Pharma, Inc.
KITE
| $1.45M | ﹤0.01% |
26,000
+6,682
| +35% | +$420K |
|
|
REV
2092
DELISTED
Revlon, Inc.
REV
| $1.45M | ﹤0.01% |
49,085
+18,884
| +63% | +$645K |
|
|
LEJU
2093
DELISTED
Leju Holdings Limited American Depositary Shares, each representing ten (10) Ordinary Shares
LEJU
| $1.44M | ﹤0.01% |
25,830
+965
| +4% | +$59.5K |
|
|
CYT
2094
DELISTED
CYTEC INDS INC
CYT
| $1.44M | ﹤0.01% |
+19,507
| New | +$1.36M |
|
2095
Stewart Information Services
STC
$2.14B
| $1.44M | ﹤0.01% |
+35,189
| New | +$1.4M |
|
2096
Humana
HUM
$43.9B
| $1.44M | ﹤0.01% |
8,019
-221,248
| -97% | -$40.9M |
|
|
HAYN
2097
DELISTED
Haynes International, Inc.
HAYN
| $1.43M | ﹤0.01% |
37,896
+20,705
| +120% | +$847K |
|
2098
Mistras Group
MG
$477M
| $1.43M | ﹤0.01% |
+111,345
| New | +$1.78M |
|
|
SYNT
2099
DELISTED
Syntel Inc
SYNT
| $1.43M | ﹤0.01% |
31,535
-12,030
| -28% | -$527K |
|
|
COHR
2100
DELISTED
Coherent Inc
COHR
| $1.43M | ﹤0.01% |
26,070
-34,911
| -57% | -$2.04M |
|
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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.