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 | |
|---|---|---|---|---|---|---|
2101
CALL
Louisiana-Pacific
LPX
$5.14B
| $1.42M | ﹤0.01% |
+100,000
| New | +$1.59M |
|
|
BLT
2102
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $1.42M | ﹤0.01% |
254,825
-19,310
| -7% | -$142K |
|
2103
Saic
SAIC
$4.95B
| $1.41M | ﹤0.01% |
+35,114
| New | +$1.71M |
|
|
RESI
2104
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.41M | ﹤0.01% |
101,376
+58,235
| +135% | +$933K |
|
|
MJN
2105
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $1.41M | ﹤0.01% |
+20,000
| New | +$1.65M |
|
2106
Alaunos Therapeutics
TCRT
$4.64M
| $1.4M | ﹤0.01% |
+1,035
| New | +$1.71M |
|
|
AHRT
2107
AH Realty Trust
AHRT
$536M
| $1.39M | ﹤0.01% |
142,476
+86,583
| +155% | +$869K |
|
2108
HEICO Corp Class A
HEI.A
$36B
| $1.39M | ﹤0.01% |
+59,883
| New | +$1.4M |
|
2109
RLI Corp
RLI
$6.02B
| $1.39M | ﹤0.01% |
51,876
+33,266
| +179% | +$902K |
|
2110
CALL
Melco Resorts & Entertainment
MLCO
$2.21B
| $1.38M | ﹤0.01% |
+100,000
| New | +$1.93M |
|
2111
Resources Connection
RGP
$140M
| $1.38M | ﹤0.01% |
91,275
-73,073
| -44% | -$1.16M |
|
2112
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.4B
| $1.38M | ﹤0.01% |
+13,042
| New | +$1.39M |
|
2113
Adecoagro
AGRO
$1.4B
| $1.37M | ﹤0.01% |
172,209
+115,891
| +206% | +$988K |
|
2114
Ribbon Communications
RBBN
$386M
| $1.36M | ﹤0.01% |
+238,002
| New | +$1.6M |
|
|
CALL
2115
DELISTED
magicJack VocalTec Ltd
CALL
| $1.36M | ﹤0.01% |
152,326
+15,964
| +12% | +$129K |
|
2116
Schwab US Large- Cap ETF
SCHX
$70.3B
| $1.35M | ﹤0.01% |
177,498
+134,514
| +313% | +$1.09M |
|
2117
Theravance Biopharma
TBPH
$873M
| $1.35M | ﹤0.01% |
123,237
+77,906
| +172% | +$992K |
|
|
PGND
2118
DELISTED
PRESS GANEY HOLDINGS INC COM STK (DE)
PGND
| $1.35M | ﹤0.01% |
45,721
+6,950
| +18% | +$212K |
|
|
PDCO
2119
DELISTED
Patterson Companies, Inc.
PDCO
| $1.35M | ﹤0.01% |
31,185
-793,176
| -96% | -$37.8M |
|
|
PMT
2120
PennyMac Mortgage Investment
PMT
$845M
| $1.35M | ﹤0.01% |
87,092
-1,865,426
| -96% | -$30.6M |
|
2121
Lithia Motors
LAD
$9.75B
| $1.34M | ﹤0.01% |
+12,443
| New | +$1.4M |
|
|
SRCL
2122
DELISTED
Stericycle Inc
SRCL
| $1.34M | ﹤0.01% |
+9,658
| New | +$1.34M |
|
2123
Northrim BanCorp
NRIM
$593M
| $1.34M | ﹤0.01% |
185,864
+17,768
| +11% | +$119K |
|
2124
Grand Canyon Education
LOPE
$4.22B
| $1.34M | ﹤0.01% |
35,247
+7,789
| +28% | +$313K |
|
2125
MarineMax
HZO
$748M
| $1.34M | ﹤0.01% |
+94,623
| New | +$1.66M |
|
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.