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 |
PPL
PPL Corp
PPL
|
+$304M |
| 2 |
SWN
Southwestern Energy Company
SWN
|
+$207M |
| 3 |
Biogen
BIIB
|
+$177M |
| 4 |
MON
Monsanto Co
MON
|
+$164M |
| 5 |
BNY
Bank of New York Mellon
BNY
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceuticals
TEVA
|
+$412M |
| 2 |
Pfizer
PFE
|
+$283M |
| 3 |
Devon Energy
DVN
|
+$194M |
| 4 |
Valero Energy
VLO
|
+$187M |
| 5 |
Altria Group
MO
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14% |
| 2 | Energy | 11.19% |
| 3 | Financials | 8.75% |
| 4 | Consumer Discretionary | 8.58% |
| 5 | Industrials | 8.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Shenandoah Telecom
SHEN
$708M
| $629K | ﹤0.01% |
36,754
+5,218
| +17% | +$86.6K |
|
|
ATNY
2502
DELISTED
API TECHNOLOGIES CORP. COMMON STOCK
ATNY
| $627K | ﹤0.01% |
249,924
-17,299
| -6% | -$37.2K |
|
|
DRWI
2503
DELISTED
DragonWave Inc
DRWI
| $625K | ﹤0.01% |
47,600
| – | – |
|
|
GIFI
2504
DELISTED
Gulf Island Fabrication
GIFI
| $623K | ﹤0.01% |
+55,748
| New | +$710K |
|
2505
HCI Group
HCI
$2.34B
| $622K | ﹤0.01% |
14,065
-23,378
| -62% | -$1.05M |
|
2506
Cheniere Energy
CQP
$31.3B
| $621K | ﹤0.01% |
20,117
| – | – |
|
|
ICON
2507
DELISTED
Iconix Brand Group, Inc.
ICON
| $621K | ﹤0.01% |
2,489
-3,474
| -58% | -$968K |
|
|
AST
2508
DELISTED
Asterias Biotherapeutics Inc. Series A
AST
| $617K | ﹤0.01% |
134,102
+78,685
| +142% | +$754K |
|
|
CO
2509
DELISTED
Global Cord Blood Corporation
CO
| $616K | ﹤0.01% |
+100,000
| New | +$614K |
|
2510
Calix
CALX
$2.27B
| $615K | ﹤0.01% |
80,846
-383,493
| -83% | -$3.13M |
|
|
CMCT
2511
Creative Media & Community Trust
CMCT
$8.55M
| – | – |
0
| – | – |
|
2512
iShares US Energy ETF
IYE
$1.72B
| $613K | ﹤0.01% |
14,455
-21,090
| -59% | -$946K |
|
2513
Becton Dickinson
BDX
$46.4B
| $610K | ﹤0.01% |
4,413
-367,683
| -99% | -$50.8M |
|
2514
Walker & Dunlop
WD
$1.77B
| $610K | ﹤0.01% |
22,828
-120,394
| -84% | -$2.67M |
|
2515
WesBanco
WSBC
$4.02B
| $610K | ﹤0.01% |
17,918
-53,225
| -75% | -$1.73M |
|
2516
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.74B
| $608K | ﹤0.01% |
6,089
-18,538
| -75% | -$1.88M |
|
|
TUBE
2517
DELISTED
TubeMogul, Inc.
TUBE
| $607K | ﹤0.01% |
42,475
+31,977
| +305% | +$492K |
|
|
CVO
2518
DELISTED
Cenevo, Inc.
CVO
| $605K | ﹤0.01% |
35,650
+25,217
| +242% | +$459K |
|
|
TBRA
2519
DELISTED
Tobira Therapeutics, Inc. Common Stock
TBRA
| $605K | ﹤0.01% |
+35,091
| New | +$513K |
|
2520
Logitech
LOGI
$15B
| $603K | ﹤0.01% |
41,120
-103,906
| -72% | -$1.56M |
|
2521
Regional Management Corp
RM
$393M
| $603K | ﹤0.01% |
+33,762
| New | +$564K |
|
|
LUX
2522
DELISTED
Luxottica Group
LUX
| $603K | ﹤0.01% |
9,082
-1,333
| -13% | -$88.3K |
|
|
BSFT
2523
DELISTED
BroadSoft, Inc.
BSFT
| $598K | ﹤0.01% |
17,304
-5,967
| -26% | -$211K |
|
2524
Lee Enterprises
LEE
$169M
| $597K | ﹤0.01% |
17,919
+12,296
| +219% | +$386K |
|
|
MBFI
2525
DELISTED
MB Financial Corp
MBFI
| $597K | ﹤0.01% |
+17,343
| New | +$558K |
|
Similar funds
Millennium Management's Q2 2015 Portfolio in Review
As of Q2 2015, Millennium Management held 4,294 positions worth $52.9B, down 1.6% from $53.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management's Q2 2015 filing shows 780 new, 1,199 increased, 1,223 reduced and 1,034 closed positions. Its largest new stake was Charter Communications: 575,958 shares worth $98.6M. The largest sale was Teva Pharmaceuticals, an estimated $412M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 15% a quarter earlier, followed by Energy and Financials.
- Millennium Management's largest Q2 2015 buy was Charter Communications: 575,958 shares worth $98.6M.
- Millennium Management added most to PPL Corp in Q2 2015, an estimated $304M increase.
- Millennium Management's biggest Q2 2015 reduction was Teva Pharmaceuticals, cutting an estimated $412M.
- Millennium Management fully exited SALIX PHARMACEUTICALS LTD DEL in Q2 2015, selling an estimated $145M.
- Millennium Management's ten largest holdings make up 11% of its $52.9B portfolio in Q2 2015.
- Millennium Management opened 780 new positions and closed 1,034 in Q2 2015.
- Millennium Management's portfolio value fell 1.6% quarter-over-quarter to $52.9B.
Based on Millennium Management's 13F filing for Q2 2015, filed 14 Aug 2015.