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 | |
|---|---|---|---|---|---|---|
451
Textron
TXT
$16.6B
| $28.9M | 0.05% |
647,241
-893,610
| -58% | -$40.6M |
|
452
Viatris
VTRS
$20.1B
| $28.9M | 0.05% |
425,182
-660,800
| -61% | -$46.7M |
|
453
Forum Energy Technologies
FET
$654M
| $28.8M | 0.05% |
71,061
-55,797
| -44% | -$23.9M |
|
|
MRSH
454
Marsh
MRSH
$86.3B
| $28.8M | 0.05% |
507,446
-369,612
| -42% | -$21.3M |
|
|
CLDT
455
Chatham Lodging
CLDT
$630M
| $28.7M | 0.05% |
1,084,518
+104,911
| +11% | +$2.95M |
|
456
BioCryst Pharmaceuticals
BCRX
$2.37B
| $28.6M | 0.05% |
1,917,021
-514,102
| -21% | -$5.84M |
|
457
Motorola Solutions
MSI
$69.4B
| $28.6M | 0.05% |
499,000
+382,634
| +329% | +$22.9M |
|
|
AEGR
458
DELISTED
Aegerion Pharmaceuticals
AEGR
| $28.5M | 0.05% |
1,502,443
+406,206
| +37% | +$8.79M |
|
459
Nelnet
NNI
$4.79B
| $28.5M | 0.05% |
657,195
+61,072
| +10% | +$2.68M |
|
|
GIMO
460
DELISTED
Gigamon Inc.
GIMO
| $28.5M | 0.05% |
862,746
+83,030
| +11% | +$2.45M |
|
461
First Horizon
FHN
$12.1B
| $28.5M | 0.05% |
1,815,921
-158,435
| -8% | -$2.34M |
|
462
Prothena Corp
PRTA
$458M
| $28.4M | 0.05% |
539,913
-198,516
| -27% | -$7.83M |
|
463
PUT
Vale
VALE
$62.9B
| $28.3M | 0.05% |
4,808,000
+3,606,300
| +300% | +$24.1M |
|
464
Oceaneering
OII
$5.25B
| $28.2M | 0.05% |
606,095
+233,375
| +63% | +$12.3M |
|
|
ZSPH
465
DELISTED
ZS PHARMA INC COMS TK (DE)
ZSPH
| $28.2M | 0.05% |
538,618
+450,142
| +509% | +$22.2M |
|
466
Cracker Barrel
CBRL
$1.2B
| $28.2M | 0.05% |
188,985
+53,554
| +40% | +$7.63M |
|
467
Ryder
R
$10.3B
| $28.1M | 0.05% |
322,165
+151,447
| +89% | +$14.3M |
|
468
Regal Rexnord
RRX
$14.2B
| $28.1M | 0.05% |
387,551
-103,914
| -21% | -$8.03M |
|
469
Vornado Realty Trust
VNO
$7.47B
| $28.1M | 0.05% |
366,072
+66,525
| +22% | +$5.52M |
|
|
SGY
470
DELISTED
Stone Energy
SGY
| $28M | 0.05% |
39,134
+34
| +0.1% | +$28.9K |
|
471
L3Harris
LHX
$55.9B
| $28M | 0.05% |
363,930
-2,888
| -0.8% | -$229K |
|
472
CALL
BP
BP
$113B
| $28M | 0.05% |
+831,472
| New | +$29.1M |
|
473
Allegion
ALLE
$13B
| $27.9M | 0.05% |
464,009
+380,601
| +456% | +$23.3M |
|
474
FedEx
FDX
$74.5B
| $27.8M | 0.05% |
163,369
-162,656
| -50% | -$28.3M |
|
475
Westlake Corp
WLK
$9.46B
| $27.7M | 0.05% |
403,141
-494,012
| -55% | -$35.9M |
|
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.