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 | |
|---|---|---|---|---|---|---|
|
ECOL
2301
DELISTED
US Ecology, Inc.
ECOL
| $944K | ﹤0.01% |
+21,624
| New | +$1.03M |
|
|
ASRT
2302
CALL
DELISTED
Assertio
ASRT
| $943K | ﹤0.01% |
+833
| New | +$1.42M |
|
|
MZTI
2303
The Marzetti Company
MZTI
$3.05B
| $942K | ﹤0.01% |
9,660
+3,318
| +52% | +$315K |
|
|
BNCN
2304
DELISTED
BNC Bancorp
BNCN
| $941K | ﹤0.01% |
42,335
-26,839
| -39% | -$574K |
|
2305
Costco
COST
$432B
| $940K | ﹤0.01% |
6,502
-350,072
| -98% | -$50M |
|
|
ASA
2306
ASA Gold and Precious Metals
ASA
$924M
| $938K | ﹤0.01% |
+120,000
| New | +$983K |
|
|
GRMN
2307
Garmin
GRMN
$56.9B
| $937K | ﹤0.01% |
26,122
-84,067
| -76% | -$3.35M |
|
|
HA
2308
DELISTED
Hawaiian Holdings, Inc.
HA
| $936K | ﹤0.01% |
+37,919
| New | +$904K |
|
|
XENT
2309
DELISTED
Intersect ENT, Inc
XENT
| $936K | ﹤0.01% |
40,000
-281,259
| -88% | -$7.76M |
|
|
DEA
2310
Easterly Government Properties
DEA
$1.16B
| $935K | ﹤0.01% |
23,444
+5,900
| +34% | +$233K |
|
|
GBNK
2311
DELISTED
Guaranty Bancorp
GBNK
| $935K | ﹤0.01% |
56,754
+16,348
| +40% | +$265K |
|
2312
Arbor Realty Trust
ABR
$977M
| $934K | ﹤0.01% |
146,817
-81,640
| -36% | -$534K |
|
2313
CALL
Century Aluminum
CENX
$4.22B
| $934K | ﹤0.01% |
203,000
+103,000
| +103% | +$719K |
|
|
IPHI
2314
DELISTED
INPHI CORPORATION
IPHI
| $933K | ﹤0.01% |
38,818
-9,833
| -20% | -$226K |
|
2315
Curtiss-Wright
CW
$25.1B
| $930K | ﹤0.01% |
14,893
-27,630
| -65% | -$1.86M |
|
|
POLY
2316
DELISTED
Plantronics, Inc.
POLY
| $929K | ﹤0.01% |
+18,278
| New | +$999K |
|
2317
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$773M
| $928K | ﹤0.01% |
+66,060
| New | +$1.03M |
|
|
REGI
2318
DELISTED
Renewable Energy Group, Inc.
REGI
| $925K | ﹤0.01% |
111,769
-202,724
| -64% | -$1.92M |
|
|
KAMN
2319
DELISTED
Kaman Corp
KAMN
| $923K | ﹤0.01% |
25,745
-10,201
| -28% | -$399K |
|
2320
First Trust Utilities AlphaDEX Fund
FXU
$826M
| $921K | ﹤0.01% |
40,701
+762
| +2% | +$17.2K |
|
2321
Univest Financial
UVSP
$1.23B
| $920K | ﹤0.01% |
47,866
+22,292
| +87% | +$439K |
|
2322
Shopify
SHOP
$168B
| $919K | ﹤0.01% |
261,130
-388,840
| -60% | -$1.23M |
|
|
BBG
2323
DELISTED
Bill Barrett Corp
BBG
| $919K | ﹤0.01% |
278,452
+151,036
| +119% | +$790K |
|
|
GSIG
2324
DELISTED
GSI GROUP INC COM STK (CDA)
GSIG
| $919K | ﹤0.01% |
72,221
+27,420
| +61% | +$371K |
|
|
BLRX
2325
BioLineRX
BLRX
$12M
| $918K | ﹤0.01% |
1,000
+29
| +3% | +$30.9K |
|
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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.