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 | |
|---|---|---|---|---|---|---|
|
DTEA
2401
DELISTED
DAVIDsTEA Inc. Common Stock
DTEA
| $795K | ﹤0.01% |
50,736
-7,596
| -13% | -$121K |
|
2402
Medallion Financial
MFIN
$229M
| $793K | ﹤0.01% |
104,668
+19,610
| +23% | +$156K |
|
|
ARO
2403
DELISTED
Aeropostale Inc
ARO
| $790K | ﹤0.01% |
1,274,232
-181,881
| -12% | -$229K |
|
2404
iShares S&P 500 Value ETF
IVE
$49.1B
| $789K | ﹤0.01% |
9,392
+3,625
| +63% | +$324K |
|
2405
Compañía de Cervecerías Unidas
CCU
$2.13B
| $788K | ﹤0.01% |
35,554
+2,987
| +9% | +$65.6K |
|
2406
Neurogene
NGNE
$672M
| $788K | ﹤0.01% |
+2,801
| New | +$645K |
|
2407
PC Connection
CNXN
$2.09B
| $787K | ﹤0.01% |
37,941
+21,593
| +132% | +$470K |
|
2408
Distribution Solutions Group
DSGR
$1.6B
| $787K | ﹤0.01% |
+72,722
| New | +$876K |
|
|
AXE
2409
DELISTED
Anixter International Inc
AXE
| $787K | ﹤0.01% |
13,624
-174,193
| -93% | -$10.9M |
|
|
EXXI
2410
PUT
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $787K | ﹤0.01% |
749,500
-124,300
| -14% | -$209K |
|
2411
Loews
L
$24.5B
| $784K | ﹤0.01% |
21,688
-89,816
| -81% | -$3.36M |
|
|
UHT
2412
Universal Health Realty Income Trust
UHT
$622M
| $784K | ﹤0.01% |
+16,697
| New | +$795K |
|
|
HEES
2413
DELISTED
H&E Equipment Services
HEES
| $781K | ﹤0.01% |
46,710
-403,088
| -90% | -$7.08M |
|
|
NSR
2414
DELISTED
Neustar Inc
NSR
| $781K | ﹤0.01% |
28,691
+6,565
| +30% | +$186K |
|
|
DNB
2415
DELISTED
Dun & Bradstreet
DNB
| $779K | ﹤0.01% |
7,415
-185,015
| -96% | -$21.1M |
|
|
DLR.PRI
2416
DELISTED
DIGITAL RLTY TR INC PFD SR I % (MD)
DLR.PRI
| $778K | ﹤0.01% |
+31,431
| New | +$771K |
|
|
GCAP
2417
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $778K | ﹤0.01% |
106,900
+28,545
| +36% | +$222K |
|
|
JIVE
2418
DELISTED
Jive Software, Inc.
JIVE
| $777K | ﹤0.01% |
166,300
-521,688
| -76% | -$2.42M |
|
2419
United Microelectronic
UMC
$42.9B
| $774K | ﹤0.01% |
478,083
-397,517
| -45% | -$710K |
|
2420
ENI
E
$78.1B
| $772K | ﹤0.01% |
24,606
+3,225
| +15% | +$108K |
|
2421
NorthWestern Energy
NWE
$4.34B
| $772K | ﹤0.01% |
+14,347
| New | +$748K |
|
2422
Stoneridge
SRI
$200M
| $770K | ﹤0.01% |
+62,439
| New | +$741K |
|
2423
Malibu Boats
MBUU
$547M
| $768K | ﹤0.01% |
54,920
+31,806
| +138% | +$573K |
|
2424
Cogent Communications
CCOI
$635M
| $767K | ﹤0.01% |
+28,241
| New | +$833K |
|
2425
Generac Holdings
GNRC
$11.5B
| $767K | ﹤0.01% |
+25,497
| New | +$819K |
|
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.