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 | |
|---|---|---|---|---|---|---|
476
PBF Energy
PBF
$7.29B
| $27.5M | 0.05% |
967,751
+513,155
| +113% | +$14.4M |
|
477
Travere Therapeutics
TVTX
$5.33B
| $27.5M | 0.05% |
829,574
-110,828
| -12% | -$3.04M |
|
|
APC
478
CALL
DELISTED
Anadarko Petroleum
APC
| $27.5M | 0.05% |
352,100
+161,400
| +85% | +$14M |
|
|
CSC
479
DELISTED
Computer Sciences
CSC
| $27.5M | 0.05% |
993,072
-2,035,927
| -67% | -$57M |
|
|
GRFS
480
Grifois
GRFS
$5.16B
| $27.5M | 0.05% |
1,773,676
-545,208
| -24% | -$8.84M |
|
481
Equifax
EFX
$20.3B
| $27.3M | 0.05% |
281,317
+68,081
| +32% | +$6.64M |
|
482
Marriott International
MAR
$98.7B
| $27.3M | 0.05% |
367,007
+324,664
| +767% | +$25.7M |
|
|
TSRO
483
DELISTED
TESARO, Inc.
TSRO
| $27.3M | 0.05% |
464,135
-23,899
| -5% | -$1.37M |
|
|
OCR
484
DELISTED
OMNICARE INC
OCR
| $27.3M | 0.05% |
289,256
+26,877
| +10% | +$2.4M |
|
|
KW
485
DELISTED
Kennedy-Wilson Holdings
KW
| $27.2M | 0.05% |
1,104,869
-404,080
| -27% | -$10.3M |
|
|
WFT
486
DELISTED
Weatherford International plc
WFT
| $27.1M | 0.05% |
2,210,230
-646,491
| -23% | -$8.98M |
|
487
Applied Materials
AMAT
$426B
| $27.1M | 0.05% |
1,410,813
+736,410
| +109% | +$15.1M |
|
488
Novartis
NVS
$295B
| $26.8M | 0.05% |
304,456
+91,858
| +43% | +$8.43M |
|
489
PUT
Invesco QQQ Trust
QQQ
$455B
| $26.4M | 0.05% |
246,900
+121,900
| +98% | +$13.3M |
|
490
Illinois Tool Works
ITW
$81.4B
| $26.4M | 0.05% |
287,746
+262,566
| +1,043% | +$25M |
|
491
OneMain Financial
OMF
$6.9B
| $26.3M | 0.05% |
+572,519
| New | +$27.8M |
|
|
XIFR
492
XPLR Infrastructure LP
XIFR
$1.18B
| $26.3M | 0.05% |
662,831
+138,172
| +26% | +$5.99M |
|
|
CERN
493
CALL
DELISTED
Cerner Corp
CERN
| $26.2M | 0.05% |
+380,000
| New | +$26.6M |
|
|
FMBI
494
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $26.2M | 0.05% |
1,382,215
-712,695
| -34% | -$12.8M |
|
|
PHH
495
DELISTED
PHH Corporation
PHH
| $26.2M | 0.05% |
1,006,446
-989,608
| -50% | -$25.9M |
|
496
Verizon
VZ
$194B
| $26.2M | 0.05% |
561,747
-5,543
| -1% | -$271K |
|
497
Radian Group
RDN
$5.14B
| $26.2M | 0.05% |
1,395,385
+1,029,563
| +281% | +$18.5M |
|
498
Sherwin-Williams
SHW
$78.3B
| $26.1M | 0.05% |
+285,105
| New | +$27M |
|
499
Expeditors International
EXPD
$22.9B
| $26.1M | 0.05% |
566,431
+238,094
| +73% | +$11.2M |
|
|
BLUE
500
DELISTED
bluebird bio
BLUE
| $26.1M | 0.05% |
11,965
-46,127
| -79% | -$94M |
|
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.