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 | |
|---|---|---|---|---|---|---|
|
WP
551
DELISTED
Worldpay, Inc.
WP
| $23.4M | 0.04% |
611,479
+542,003
| +780% | +$21.5M |
|
552
Strategy Inc
MSTR
$33.5B
| $23.3M | 0.04% |
1,369,240
+120,170
| +10% | +$2.12M |
|
|
CMA.WS
553
DELISTED
Comerica Incorporated Ws
CMA.WS
| $23.3M | 0.04% |
1,052,356
-103,840
| -9% | -$2.04M |
|
|
AAT
554
American Assets Trust
AAT
$1.49B
| $23.2M | 0.04% |
591,166
+104,036
| +21% | +$4.22M |
|
555
IBM
IBM
$202B
| $23.2M | 0.04% |
+148,948
| New | +$23.9M |
|
|
JOY
556
DELISTED
Joy Global Inc
JOY
| $23.2M | 0.04% |
639,821
+146,309
| +30% | +$5.89M |
|
|
BAS
557
DELISTED
Basis Energy Services, Inc.
BAS
| $23.2M | 0.04% |
5,380
+1,198
| +29% | +$5.82M |
|
558
Conagra Brands
CAG
$7.07B
| $23.1M | 0.04% |
680,211
+631,125
| +1,286% | +$18.9M |
|
559
First Industrial Realty Trust
FR
$8.88B
| $23.1M | 0.04% |
1,233,125
-88,762
| -7% | -$1.77M |
|
|
BCR
560
DELISTED
CR Bard Inc.
BCR
| $23M | 0.04% |
134,886
-71,179
| -35% | -$12.2M |
|
|
DOC
561
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $23M | 0.04% |
1,498,376
+83,708
| +6% | +$1.39M |
|
|
ANN
562
DELISTED
ANN INC
ANN
| $23M | 0.04% |
476,328
+68,617
| +17% | +$2.96M |
|
|
OREX
563
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $23M | 0.04% |
464,530
+239,760
| +107% | +$14.3M |
|
|
HMHC
564
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $22.9M | 0.04% |
909,090
+630,869
| +227% | +$15.6M |
|
565
Post Holdings
POST
$4.12B
| $22.9M | 0.04% |
+648,541
| New | +$20M |
|
566
Bank of Montreal
BMO
$125B
| $22.9M | 0.04% |
+386,051
| New | +$24.2M |
|
567
Kinder Morgan
KMI
$73.1B
| $22.8M | 0.04% |
593,038
+584,758
| +7,062% | +$24.4M |
|
|
NVO
568
Novo Nordisk
NVO
$216B
| $22.8M | 0.04% |
+831,474
| New | +$23.4M |
|
569
Signet Jewelers
SIG
$3.55B
| $22.8M | 0.04% |
177,478
+110,965
| +167% | +$14.9M |
|
570
lululemon athletica
LULU
$13B
| $22.7M | 0.04% |
348,358
-136,420
| -28% | -$8.87M |
|
|
QTS
571
DELISTED
QTS REALTY TRUST, INC.
QTS
| $22.7M | 0.04% |
622,329
+113,282
| +22% | +$4.19M |
|
572
Copart
CPRT
$25.9B
| $22.5M | 0.04% |
5,077,856
+2,461,352
| +94% | +$11.1M |
|
|
BNCL
573
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $22.4M | 0.04% |
1,795,959
-396,122
| -18% | -$4.74M |
|
574
Ametek
AME
$55.5B
| $22.4M | 0.04% |
408,916
-125,609
| -23% | -$6.74M |
|
575
PVH
PVH
$3.71B
| $22.4M | 0.04% |
194,101
-141,958
| -42% | -$15.4M |
|
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.