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 | |
|---|---|---|---|---|---|---|
|
CONE
201
DELISTED
CyrusOne Inc Common Stock
CONE
| $55.7M | 0.12% |
1,488,117
-871,431
| -37% | -$30.8M |
|
|
SF
202
Stifel
SF
$12.6B
| $55.6M | 0.12% |
2,954,862
+328,912
| +13% | +$6.39M |
|
203
Textron
TXT
$14.7B
| $55.5M | 0.12% |
1,321,744
+847,754
| +179% | +$35M |
|
204
Wabtec
WAB
$49.1B
| $55.5M | 0.12% |
779,915
+736,682
| +1,704% | +$58.8M |
|
205
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $55.5M | 0.12% |
218,273
+169,507
| +348% | +$44.1M |
|
206
Canadian Solar
CSIQ
$1.02B
| $55.2M | 0.12% |
1,906,928
-746,752
| -28% | -$17.2M |
|
|
EQC
207
DELISTED
Equity Commonwealth
EQC
| $55.1M | 0.12% |
1,986,034
+739,973
| +59% | +$20.7M |
|
208
Nike
NKE
$61.9B
| $55.1M | 0.12% |
881,085
+322,127
| +58% | +$20.8M |
|
|
PF
209
DELISTED
Pinnacle Foods, Inc.
PF
| $55M | 0.12% |
1,296,490
-999,469
| -44% | -$42.8M |
|
|
FMER
210
DELISTED
FIRSTMERIT CORP
FMER
| $55M | 0.12% |
2,949,514
+2,236,110
| +313% | +$42.6M |
|
|
BECN
211
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $54.8M | 0.12% |
1,330,882
+1,207,038
| +975% | +$46.2M |
|
212
L3Harris
LHX
$51.6B
| $54.7M | 0.12% |
629,368
+123,165
| +24% | +$9.92M |
|
|
IOC
213
DELISTED
Interoil Corporation
IOC
| $54.7M | 0.11% |
1,739,383
-512,544
| -23% | -$18.8M |
|
214
CME Group
CME
$96.3B
| $54.4M | 0.11% |
600,859
+179,458
| +43% | +$16.9M |
|
215
Brookdale Senior Living
BKD
$3.49B
| $54.2M | 0.11% |
2,934,036
+1,057,035
| +56% | +$22.8M |
|
216
Eagle Materials
EXP
$6.29B
| $53.8M | 0.11% |
890,749
+371,502
| +72% | +$24.8M |
|
217
Hartford Financial Services
HIG
$38.9B
| $53.6M | 0.11% |
1,232,688
-2,486,129
| -67% | -$114M |
|
|
CTXS
218
DELISTED
Citrix Systems Inc
CTXS
| $53.6M | 0.11% |
889,202
-60,087
| -6% | -$3.69M |
|
219
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $53.5M | 0.11% |
634,406
-98,080
| -13% | -$8.31M |
|
|
MRD
220
DELISTED
MEMORIAL RESOURCE DEV CORP COM STK (DE)
MRD
| $53.3M | 0.11% |
3,302,448
-3,681,726
| -53% | -$61.5M |
|
|
ACHN
221
DELISTED
Achillion Pharmaceuticals
ACHN
| $52.7M | 0.11% |
4,880,327
+4,548,098
| +1,369% | +$41.3M |
|
222
Keurig Dr Pepper
KDP
$42.3B
| $52.6M | 0.11% |
564,260
-245,466
| -30% | -$21.8M |
|
|
AIV
223
Aimco
AIV
$387M
| $52.4M | 0.11% |
9,822,803
+3,340,828
| +52% | +$17.2M |
|
|
SWFT
224
DELISTED
Swift Transportation Company
SWFT
| $52.3M | 0.11% |
3,784,915
+1,941,098
| +105% | +$29.6M |
|
225
Regency Centers
REG
$14.7B
| $51.7M | 0.11% |
759,664
+121,021
| +19% | +$8.05M |
|
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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.