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 | |
|---|---|---|---|---|---|---|
651
Cal-Maine
CALM
$4.28B
| $19.2M | 0.04% |
367,383
+293,667
| +398% | +$14.4M |
|
|
FINL
652
DELISTED
Finish Line
FINL
| $19.2M | 0.04% |
688,671
+307,534
| +81% | +$7.95M |
|
|
PTLA
653
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $19.1M | 0.04% |
420,359
-287,310
| -41% | -$11.6M |
|
654
Autoliv
ALV
$8.6B
| $19.1M | 0.04% |
226,784
+189,758
| +512% | +$16.7M |
|
655
CMS Energy
CMS
$23.1B
| $19.1M | 0.04% |
598,415
+582,768
| +3,724% | +$19.6M |
|
656
Hormel Foods
HRL
$13.9B
| $19.1M | 0.04% |
676,042
+634,642
| +1,533% | +$18M |
|
657
Electronic Arts
EA
$52.4B
| $19M | 0.04% |
+284,983
| New | +$17.5M |
|
658
Clearwater Paper
CLW
$271M
| $18.9M | 0.04% |
329,933
+52,358
| +19% | +$3.23M |
|
659
Lumen
LUMN
$6.53B
| $18.9M | 0.04% |
641,708
-891,478
| -58% | -$30.4M |
|
|
GRUB
660
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $18.8M | 0.04% |
275,866
+254,049
| +1,164% | +$20.6M |
|
661
Fulton Financial
FULT
$4.7B
| $18.8M | 0.04% |
1,438,399
+1,143,381
| +388% | +$14.5M |
|
662
Steris
STE
$20.9B
| $18.7M | 0.04% |
290,232
+181,532
| +167% | +$12.2M |
|
663
Agnico Eagle Mines
AEM
$72.6B
| $18.7M | 0.04% |
658,810
+5,623
| +0.9% | +$175K |
|
664
Trimble
TRMB
$12.3B
| $18.7M | 0.04% |
796,627
+662,928
| +496% | +$16.2M |
|
665
TripAdvisor
TRIP
$1.59B
| $18.7M | 0.04% |
214,365
-529,474
| -71% | -$43.1M |
|
666
CME Group
CME
$92.2B
| $18.6M | 0.04% |
199,806
+109,806
| +122% | +$10.2M |
|
|
HUB.B
667
DELISTED
HUBBELL INC CL-B
HUB.B
| $18.6M | 0.04% |
171,653
-353,645
| -67% | -$38.9M |
|
668
Helix Energy Solutions
HLX
$1.46B
| $18.6M | 0.04% |
1,471,071
-3,140,475
| -68% | -$49.5M |
|
|
CBI
669
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $18.4M | 0.03% |
367,300
+160,000
| +77% | +$8.32M |
|
670
State Street
STT
$50.9B
| $18.3M | 0.03% |
238,224
-373,913
| -61% | -$29.1M |
|
671
Deckers Outdoor
DECK
$13.3B
| $18.3M | 0.03% |
1,528,344
-2,012,034
| -57% | -$24.7M |
|
672
Constellium
CSTM
$3.96B
| $18.3M | 0.03% |
1,545,870
+245,992
| +19% | +$3.87M |
|
|
WX
673
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $18.3M | 0.03% |
432,417
-429,955
| -50% | -$18.1M |
|
|
MRH
674
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $18.3M | 0.03% |
462,634
+454,703
| +5,733% | +$17.8M |
|
675
AtriCure
ATRC
$1.77B
| $18.2M | 0.03% |
738,101
-88,851
| -11% | -$1.98M |
|
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.